Financing Public Schools for FY 2023-24
This memorandum summarizes the primary funding changes for school finance that were enacted during the 2023 legislative sessions.
Second Regular Session | 74th General Assembly
Colorado General AssemblyThis memorandum summarizes the primary funding changes for school finance that were enacted during the 2023 legislative sessions.
Report No. 2023-TE19
Report No. 2019-TE5
Note: A more recent evaluation was issued in December 2023. Click HERE to access the December 2023 report.
The purpose of this publication is to help readers understand how Colorado finances its public elementary and secondary schools. The major focus is an explanation of the funding formula included in the Public School Finance Act of 1994, including amendments made to the act in 2019. Several...
Report No. 2022-TE8
Additional At-Risk Student Funding Under SB 15-267, FY 2015-16 (estimated allocation is about $16.13 per at-risk student)
This memorandum discusses the Mill Levy Override Match Program, as well as concerns about the current framework and potential solutions and alternatives that have been discussed. The MLO Match Program Task Force created in House Bill 24-1448 is charged with recommending changes to the program,...
During the 2024 legislative session, the General Assembly considered a variety of measures related to kindergarten through twelfth grade (K-12) education in Colorado. Specifically, the legislature adopted bills related to health, safety, and well being; supports for students, teachers, and other...
House Bill 24-1448 enacted a new school finance formula, to begin in FY 2025-26 and be phased in over a 6-year period. This memorandum provides an overview of the new formula, the six‑year phase‑in period, and the parameters that would result in pausing implementation of the new formula. It does...
This memorandum summarizes the primary funding changes to school finance for FY 2024-25. Several enacted bills during the 2024 legislative session and August 2024 special session substantively impact the financing of public schools in Colorado.