Public School Finance Act

Yesterday Governor Hickenlooper signed SB13-213, the Public School Finance Act. This new law revamps the original 1994 Public School Finance Act.  It is important that Colorado citizens to know about the Act because it will be on the ballot in November.  The bill refers a measure to the voters that proposes raising tax revenue to help fund public schools. (Under TABOR, all tax increases are required to go before the voters.) The new Act updates the 1994 Act with provisions regarding financing for 21st century skills programs, online learning, concurrent enrollment, English Language Learners, At-Risk students, and other current education issues. Click here for detailed funding schedules and projections for the Public School Finance Act for the past ten years, available from our library.