Student-Based Financing System Focus of TAG Meeting with National Expert Marguerite Roza
Schools should be able to get the financial support they need to serve diverse student populations—and have certainty that they’ll get that support when they need it. That’s the idea behind moving to a Student-Based Allocation system, the topic of this week’s school finance technical advisory group.
The working group convened by Sen. Mike Johnston and the Colorado Children’s Campaign welcomed national expert Marguerite Roza, head of the new Fiscal Analytics Unit at Georgetown Univeristy, Research Associate Professor at the University of Washington’s College of Education and Senior Scholar at the Center on Reinventing Public Education. She presented a variety of ways to change how dollars flow to schools based on the students they serve. Dave Montoya, Budget Director for Poudre Valley School District, gave a first-hand account of Poudre’s experience with Student-Based Allocation and the successes and challenges they’ve faced after a few years in the new system. Roza also led a discussion on exploring student count date systems that give districts more stability in paying for influxes of students throughout the year and incentives for retaining students. For more information about the count date system and its impact on student funding, click here to download the Children’s Campaign report on Student Enrollment Count Mechanisism for School Funding: A Survey of State Policies.
The meeting was the fourth in a series on overhauling the state’s school finance system. The group is building on the recommendations of the School Finance Partnership, which agreed that educators need adequate support to teach our children well, coupled with the flexibility to be innovative. It’s been nearly 20 years since we overhauled the way we pay for schools. Our system needs better transparency, accountability and equity. Updating our school finance system now is the next logical step in ensuring the improvements we’ve made in our education system are best able to serve Colorado’s students.
The next and final meeting of the technical advisory group will be Monday, Nov. 5 from 2 to 5 p.m. at History Colorado, 1200 Broadway in Denver. The group will examine expanding full-day kindergarten and preschool, along with the need for the proposed funding changes to be coupled with additional resources for education. To follow ongoing discussions among the members of the group and access meeting materials, we welcome you to join us online at Hope Street. If you already have log-in information, click here. If you’d like to sign up, contact Hanna Nichols at firstname.lastname@example.org or (303) 620-4573.