Contact: Alex Renteria, Manager of Media Relations, Alexandra_Renteria@dpsk12.org
April 25, 2018
New School Funding Distribution Formula Bill Would Have Established More Equitable Funding
Denver – Today, lawmakers postponed indefinitely action on House Bill 18-1232, the New School Funding Distribution Formula crafted by superintendents from across the state. The measure would have changed Colorado education funding for the first time in nearly a quarter-century. Among many provisions, the bill included more support for full-day kindergarten, gifted and talented students, English language learners, students with special needs and students in poverty.
“We’re very disappointed,” said Superintendent Tom Boasberg. “After much time spent listening to our communities, we as superintendents spent the last two years crafting a stronger, better, fairer school finance approach and this is something that students in Colorado need. We urge the legislature to listen to the voices of students, parents and teachers.”
In Colorado, students are funded on average at $2,500 less per student than the national average. Despite being one of the wealthier states in the nation, Colorado is among the lowest when it comes to K-12 public school funding.
Superintendents from across the state worked hand-in-hand to develop a new funding formula to drive a fundamental overhaul in school finance. Action on the New School Funding Bill was postponed indefinitely by the House Education Committee.
“We appreciate the seriousness the Education Committee devoted to this issue,” said DPS Chief Financial Officer Mark Ferrandino. “We will continue to work with superintendents and legislators on the conversation for a new formula that will fund school districts more equitably and work to more fully fund our schools.”
Students, families, educators and community members are encouraged to contact their elected representatives to ensure their voices are heard on this issue. Contact information can be found here.