Reengrossed Senate Bill 15-267 FY 2015-16 Compared with FY 2014-15

Overview of the State Education Fund and K-12 Public School Funding

Accreditation refers to an external review process used to analyze colleges, universities, and other educational programs for academic quality and accountability. For institutions and programs of higher education in the United States, accreditation is a voluntary process; however, it is also the...

The “negative factor” is a provision in state law that reduces the amount of total program funding and state aid provided to K-12 school districts.  This issue  brief  discusses how the negative factor is applied in the School Finance Act (SFA), gives a short history of school finance leading to...

Senate Bill 15-267 amends the Public School Finance Act of 1994 to provide funding for school districts in FY 2015-16. The bill was signed by the Governor on June 5, 2015, and became effective on that date. Senate Bill 15-234, the "Long Bill," appropriates most of the state aid distributed to...

The school finance bill, Senate Bill 13-260, amends the Public School Finance Act of 1994 to provide funding for school districts in FY 2013-14. The bill was signed by the Governor on May 18, 2013, and became effective on that date. Senate Bill 13-230, the "Long Bill," appropriates most of the...

Senate Bill 11-230 amends the Public School Finance Act of 1994 to provide funding for school districts in FY 2011-12. The bill was signed by the Governor on June 9, 2011, and became effective on that date. Senate Bill 11-209, the "Long Bill," appropriates most of the money distributed to school...

Senate Bill 09-256 amends the Public School Finance Act of 1994 to provide funding for school districts for the 2009-10 budget year. Senate Bill 09-259, the "Long Bill," appropriates most of the money distributed to school districts. Highlights of funding provided to school districts by the two...

The model developed by the Pacey Economics Group in February 2001 was updated to reflect actual data for the current budget year and Legislative Council Staff's December 2006 revenue forecast. The result in the short term is projected state aid costs that are higher than revenue changes,...

Legislative Council Staff conducts a study of the cost of living in each school district every two years, as required by state law. The results of the 2015 study indicate that the cost of living, adjusted by where employees live, increased in 177 of the 178 school districts in the state. In 137...

The forecast for the State Education Fund and the level of General Fund appropriations necessary to meet the funding requirements of Amendment 23 is significantly changed from when the General Assembly adjourned in May 2008. The upheaval in the economy is affecting forecasts for property values...