A report and podcast from Common Sense Institute highlight the Children’s Campaign’s work to fix Colorado’s K-12 property tax system
For many years, the Children’s Campaign has been shining a light on the ways that Colorado’s school funding system is broken and outdated, with a particular focus on our inequitable property tax system that funds education. This session, we strongly support House Bill 21-1164, which builds on language in last year’s School Finance Act to address our long-standing patchwork of property tax rates for K-12 education.
On a recent podcast episode of the Common Sense Digest, Vice President of Education Initiatives Leslie Colwell joined Dr. Brenda Bautsch-Dickhoner, the Mike A. Leprino Free Enterprise Fellow at Common Sense Institute (CSI), to discuss the bill and an accompanying interrogatory that was sent to the Colorado Supreme Court, a recent CSI report on the issues at play, and shared goals for a system that better serves students and leads to more equitable outcomes.
Brenda and Leslie’s conversation also touches on the problems with Colorado’s school funding formula. Though the allocation of state dollars is not addressed in HB21-1164, they agree that the formula is way past due for an overhaul that puts student needs at the center. They also discuss ways that additional revenue raised as a result of HB-1164 could be invested in different, innovative ways.