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Legislative Year: 2021 Change
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Bill Detail: HB21-1325

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Title Funding Public Schools Formula
Status Sent to the Governor (06/17/2021)
Bill Subjects
  • Education & School Finance (Pre & K-12)
House Sponsors L. Herod (D)
J. McCluskie (D)
Senate Sponsors B. Rankin (R)
R. Zenzinger (D)
House Committee Education
Senate Committee Finance
Date Introduced 05/27/2021
Summary

The bill makes the following changes to the Public School
Finance Act of 1994 (school finance formula), commencing with the
2021-22 budget year:

  • Modifies at-risk funding by adding pupils who are eligible
for reduced-price lunch under the federal school lunch
program, in addition to the free-lunch pupils in the existing
definition, and removing from the definition of at-risk
pupils the subset of English language learners who are
currently included in the at-risk pupil count;
  • Adds a new English language learner funding factor to the
school finance formula for all English language learners
included in the prior year's pupil enrollment. The factor is
8% of per pupil funding multiplied by the English language
learner enrollment, as defined in the bill.
  • Makes corresponding changes to the calculation of district
total program funding, minimum per pupil funding, and the
minimum per pupil funding base to reflect the school
finance formula changes relating to English language
learner factor funding; and
  • Makes a corresponding change to the statutory district total
program amount to reflect the changes to the at-risk
funding factor and the addition of the English language
learner funding factor.
The bill includes the general assembly's finding that state
education fund money may be used for the school finance formula
changes in the bill.
Beginning in the 2022-23 budget year, the bill directs the
department of education to calculate an override mill match amount for
distribution to each school district that is levying 27 mills for total
program and that would have to levy more than 30 mills to reach the
maximum amount of mill levy override revenue permitted by law. The
bill specifies a formula for calculating the amount of the distributions.
The bill creates the mill levy override match fund (fund) and the actual
mill match amount distributed to school districts is subject to annual
appropriations to the fund. A school district must distribute a portion of
the override mill match amount that it receives to the charter schools of
the school district in the same way it distributes mill levy override
revenue.
The bill creates the legislative interim committee on school finance
(interim committee). The interim committee will meet during the 2021
and the 2022 legislative interims. The committee consists of 4 senators
and 4 representatives with equal representation from each party. The bill
specifies the issues the interim committee must consider.
The interim committee will contract with a qualified third-party
vendor to study approaches to better measure student economic
disadvantage in Colorado in addition to or in lieu of using eligibility for
the federal school lunch program as a proxy for at-risk students.
1

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (06/02/2021) (most recent)  
Additional Bill Documents Bill Documents
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  • Past fiscal notes
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