SB19-094 (Lundeen & Todd/Garnett) Extend School Finance Interim Committee
This bill would extend the work of the legislative interim committee studying the current school finance structure, whose charge is to make recommendations for improving K-12 education funding in Colorado. The bill specifies the number of members that must serve on the committee and how often they are to meet during the 2019 legislative interim.
The Colorado Children’s Campaign supports the bill. Colorado’s School Finance Act has not undergone a comprehensive revision in more than 20 years, though much has changed in that time, including classroom models, theories related to best practices in education funding, and what is expected of students regarding the learning and preparation necessary to be successful in today’s economy. The bill requires a reexamination of the current school finance formula based on district and student attributes as well as the sources of revenue for the system. Our system is inherently inequitable and we are encouraged by conversations at the Capitol to address both equity and adequacy in school finance.
Passed the Senate Education Committee unanimously and now heads to the Senate Appropriations Committee