Bill > SB023

This bill, titled the School Finance Act, proposes changes to how Colorado funds its public schools, specifically for the 2026-27 budget year. It increases the statewide base per pupil funding, which is the foundational amount of money allocated for each student, by $217.30 to account for inflation, setting the new base at $8,909.10 per student. Additionally, the bill establishes a total program funding amount for all school districts, including charter schools, at a minimum of $10,209,589,888, with provisions for mid-year adjustments based on actual enrollment and financial data to ensure this total is maintained. Both of these provisions are set to expire on July 1, 2032.

Education

https://leg.colorado.gov/bills/SB26-023