2CE6DAA1E4F42997872582DB005972EC Hearing Summary CLICS/CLICS2018A/commsumm.nsfPUBLICBILL SUMMARY For VENDOR PRESENTATION AND DISCUSSIONINTERIM COMMITTEE LEGISLATIVE INTERIM COMMITTEE ON SCHOOL FINANCEDate Jul 31, 2018 Location HCR 0112 Vendor Presentation and Discussion - Committee Discussion Only Attachment Tag File Name Attachment A http://www2.leg.state.co.us/CLICS/CLICS2018A/commsumm.nsf/0/4902D305E9F4...$File/Attachment A.pdf?OpenElement Attachment A.pdf 09:08:01 AM The committee members provided opening remarks regarding the committee's charge to study school finance issues. 09:16:44 AM Richard Seder, representing FourPoint Education Partners, spoke on an evaluation model to help better understand school finance return on investments. He provided a presentation on an improved school finance system (Attachment A). 09:19:40 AM The chair discussed changes to the agenda. 09:20:29 AM Mr. Seder asked for feedback regarding the year one report and interests from the members regarding finance formula changes. The committee members discussed the need for additional analysis on the year-one report to help the committee make recommendations on Colorado's school finance formula. 09:24:27 AM Committee discussion ensued. 09:25:34 AM Mr. Seder spoke on the school finance simulation model which will help provide guidance on the formula and funding allocation. He provided examples of school funding parameters that can be simulated in the model. 09:27:52 AM Mr. Seder discussed the use of cost estimation tools. He answered questions from the committee regarding base funding and student outcomes. Mr. Seder discussed base funding in other states. 09:32:02 AM Mr. Seder discussed the importance of technology applications to provide contemporary education and how that impacts school funding. 09:35:25 AM Committee discussion ensued. 09:38:01 AM Mr. Seder answered questions from the committee regarding the issues of school finance at the state, local, and school levels. 09:41:27 AM Mr. Seder answered questions from the committee regarding economies of scale for schools, based on the number of students in the school. 09:43:39 AM Committee discussion ensued regarding district economies of scale. 09:54:42 AM Committee discussion continued regarding the sizes on school districts and the potential impacts of funding. 10:02:08 AM Mr. Seder answered questions on the lack of research related to the costs of enforcing state regulations on districts. 10:07:24 AM Committee members discussed the increased transparency regarding school funding. 10:11:17 AM Mr. Seder answered questions regarding the analysis of student outcomes and return on investment. 10:18:10 AM The committee members discussed the impact of excellent teachers on student performance. 10:32:31 AM Committee discussion ensued regarding student achievement in free market and central control programs. 10:33:44 AM Mr. Seder discussed instructional coaching to improve teacher effectiveness and the impact on student outcomes. 10:38:32 AM The committee members discussed systemic improvement to bring about change in racial disparities. 10:47:31 AM Mr. Seder continued his presentation regarding returns on investment from school funding strategies. 10:52:26 AM The committee recessed. 11:06:43 AM The committee came back to order.