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I_OMLM_2024A 12/04/2024 10:02:24 AM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
INTERIM COMMITTEE  OVERRIDE MILL LEVY MATCH WORKING GROUP
Date 12/04/2024
Attendance
Jeremy Burmeister X
Brandan Comfort E
Aaron Dobson X
Brett Johnson X
Brett Ridgway X
Jana Schleusner X
Ashley Stephen X
Baisley E
Martinez X
Time 10:02:24 AM to 11:44:57 AM
Place SCR 357
This Meeting was called to order by Martinez
This Report was prepared by Rachel Kurtz-Phelan
Hearing Items Action Taken
Discussion of Proposed Scenarios Committee Discussion Only
Consideration of Working Group Recommendations Committee Discussion Only

Discussion of Proposed Scenarios - Committee Discussion Only

10:02:34 AM  
Chair Martinez explained
the day's agenda. Marc Carey, Legislative Council Staff (LCS), explained
that the working group would be discussing six proposed scenarios for the
Mill Levy Override (MLO) Match Program going forward. Thomas Rosa, LCS,
began his presentation on the proposed scenarios, which can be found as
Attachment A. He reviewed each scenario option one by one. Staff distributed
several additional handouts (Attachments B, C, D, and E).

10:13:01 AM  
The working group
members made comments on the various options presented  and requested
an additional option that utilized the alternative model discussed at the
prior meeting for rural and small rural districts and the existing model
for all nonrural districts, which they called option 9.



Consideration of Working Group Recommendations - Committee Discussion Only


10:30:53 AM  
The working group
took a brief recess.
10:37:08 AM  
The working group
came back to order. Mr. Rosa provided an overview of a new option nine.
The members reviewed option nine and provided comments.

10:49:58 AM  
The working group
decided to only focus on option nine going forward. They discussed dropping
the floor of the current model to a range of 10 to 35 instead of 15 to
35.



Mr. Rosa ran several different scenarios for the members under option nine.
11:01:54 AM  
The members continued
to discuss how to structure the formula under option nine.
11:31:49 AM  
The working group
discussed adding a recommendation to the group's final report requiring
the Colorado Department of Education (CDE) to provide an annual review
of the program to the House and Senate Education committees during the
annual SMART Act meeting for the prior year's program and payments.
11:37:37 AM  
Andrea Uhl, Joint
Budget Committee Staff, recommended that the working group include a recommendation
that CDE notify the JBC during its supplemental budget submission each
year what the actual MLO program payments will be so that the JBC can adjust
appropriations accordingly.
11:42:18 AM  
The working group
passed three recommendations to include in the group's final report to
the Executive Committee. The first recommendation, which passed without
objection, is to recommend option nine for the formula, as outlined by
LCS staff, for a total cost of $27.8 million. This option includes the
following: rural and small rural district allocations will be determined
by a version of an alternative model, which identifies a benchmark of $200
per pupil per mill and distributes a minimum of $200,000 to eligible districts.
Non-rural district allocations will be determined by the existing model,
with a $3.0 million maximum allocation, and a range of 10 to 35 mills for
eligibility. Should the appropriation for the program be less than the
total cost, only the allocation for non-rural districts will be scaled
back proportionally.
11:43:04 AM  


The second recommendation, passed without objection, is to require CDE
to report on the MLO Match program to the House and Senate Education Committees
during the annual SMART Act meeting.



Finally, the third recommendation, also passed without objection, is to
requiree CDE to report to the JBC on the actual valuation of the program
every year.


11:44:57 AM   The committee adjourned.






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