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h_ed_2016a_2016-03-02t11:42:06z1 Hearing Summary

Date: 03/02/2016



Final

The Basics of School Finance



COMMITTEE ON JOINT ED AND JBC


Votes: View--> Action Taken:
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11:50 AM -- The Basics of School Finance



Leanne Emm, Associate Commissioner, School Finance and Operations Division, Colorado Department of Education, came to the table. Copies of her power point presentation were distributed to the committee (Attachment E). Ms. Emm discussed total program funding, the breakdown of state versus local share, funded pupil count, and base per pupil funding.



16JointEd-JBC0302AttachE.pdf16JointEd-JBC0302AttachE.pdf



12:02 PM



Ms. Emm continued to discuss the Negative Factor and answered questions from the committee members. Committee discussed ensued.





12:14 PM



Ms. Emm discussed state versus local share increases, mill levy overrides, categorical program revenue, and federal revenue. Ms. Emm answered questions from the committee.