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Legislative Year: 2021 Change
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Bill Detail: SB21-053

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Title Adjustments To School Funding Fiscal Year 2020-21
Status Governor Signed (03/15/2021)
Bill Subjects
  • Education & School Finance (Pre & K-12)
House Sponsors B. McLachlan (D)
J. McCluskie (D)
Senate Sponsors D. Moreno (D)
R. Zenzinger (D)
House Committee Appropriations
Senate Committee Appropriations
Date Introduced 02/16/2021
Summary

Joint Budget Committee. The general assembly recognizes that
the actual funded pupil count and the actual at-risk pupil count for the
2020-21 budget year are lower than anticipated when the appropriation
amount was established during the 2020 legislative session, resulting in
a decrease in total program funding for the 2020-21 budget year.

In addition, local property tax revenue and specific ownership tax
revenue were less than anticipated, resulting in a decrease in the local
share of total program funding.
The bill declares the general assembly's intent to maintain total
program funding at the dollar amount of the original appropriation made
during the 2020 legislative session, thereby reducing the budget
stabilization factor.
The bill appropriates additional funding for the 2020-21 budget
year for districts that experienced a percentage decrease in total program
funding from that estimated during the 2020 legislative session that was
greater than the districts' percentage decrease in funded pupil count from
that estimated during the 2020 legislative session. In addition, the bill
includes additional funding for districts that have an overall reduction in
total program funding that is more than 2% below the districts' estimated
total program funding during the 2020 legislative session.
The bill makes an appropriation to increase the state share of total
program funding.
Further, the bill makes an appropriation to increase funding to
rural schools and rural institute charter schools pursuant to House Bill
20-1427.

Committee Reports
with Amendments
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Fiscal Notes Fiscal Notes (06/08/2021) (most recent)  
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