2F04AFFCD6D3C89887258C1B006F4FE7 Hearing Summary

PUBLIC
BILL SUMMARY For SCHOOL FINANCE PRESENTATION FROM LEGISLATIVE COUNCIL STAFF

JOINT COMMITTEE COMMITTEE ON JOINT EDUCATION
Date Jan 23, 2025
Location Old State Library

School Finance Presentation from Legislative Council Staff - Committee Discussion Only

Attachment Tag

File Name

Attachment D

Attachment D.pdf

01:15:51 PM

Anna Gerstle, Principal
Fiscal and School Finance Analyst, began her presentation, which can be
found as Attachment D. She provided a high level summary of how school
finance works in Colorado, a breakdown of sources of school funding under
the current formula and a history of how funding has been split between
local and state share in the past several decades. She spoke about the
prior school funding formula established under the Public School Finance
Act of 1994 and compared it to the new school finance formula that was
passed by House Bill 24-1448 in terms of funded per pupil count. She spoke
about balancing of the General Fund and the State Education Fund.

01:32:57 PM

Ms. Gerstle answered
questions from members of the committee regarding school funding in the
state and the State Education Fund.

01:48:29 PM

Ms. Gerstle continued to answer questions from the members of the committee.

School Finance Presentation from Legislative Council Staff - Committee Discussion Only

Colorado General Assembly