A BILL FOR AN ACT 101 102 103 104 CONCERNING
ADJUSTMENTS IN THE AMOUNT OF TOTAL PROGRAM FUNDING FOR PUBLIC SCHOOLS FOR THE 2011-12 BUDGET YEAR, AND, IN CONNECTION THEREWITH, MAKING AND REDUCING APPROPRIATIONS.
Bill Summary (Note: This summary applies to this bill as introduced and does not reflect any amendments that may be subsequently adopted. If this bill passes third reading in the house of introduction, a bill summary that applies to the reengrossed version of this bill will be available at http://www.leg.state.co.us/billsummaries.) Joint Budget Committee. The general assembly recognizes that increases in the funded pupil count and the number of at-risk students
Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment.
Capital letters indicate new material to be added to existing statute. Dashes through the words indicate deletions from existing statute.
have increased the amount of total program funding for the 2011-12 budget year. Increases in the amount of property tax and specific ownership tax revenues available to school districts have also decreased the amount of the state share for total program funding for the 2011-12 budget year. Based on these circumstances, the bill increases the minimum level of total program funding for the 2011-12 budget year and sets the minimum level of total program funding for the 2012-13 budget year. The bill adjusts the appropriations in the 2011-12 long bill for total program funding and hold-harmless full-day kindergarten funding.
Be it enacted by the General Assembly of the State of Colorado: SECTION 1. Legislative declaration. The general assembly finds that: (a) Based on the actual funded pupil count and the actual number of at-risk students for the 2011-12 budget year, total program funding is nineteen million seven hundred fifty-two thousand nine hundred forty-nine dollars ($19,752,949) higher than anticipated when the general assembly appropriated moneys for total program funding for the 2011-12 budget year during the 2011 regular legislative session; (b) Based on the actual amount of local property tax revenues and specific ownership tax revenues available to school districts for the 2011-12 budget year, the local share of total program funding is twenty-four million one hundred seventy-eight thousand four hundred sixty-eight dollars ($24,178,468) higher than anticipated when the general assembly appropriated moneys for total program funding for the 2011-12 budget year during the 2011 regular legislative session; (c) It is the intent of the general assembly that the amount of total program funding for the 2011-12 budget year, after application of the negative factor described in section 22-54-104 (5) (g), Colorado Revised Statutes, be adjusted to provide additional funding associated with the
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unanticipated increase in the funded pupil count and the number of at-risk students for the 2011-12 budget year. SECTION 2. In Colorado Revised Statutes, 22-54-104, amend (5) (g) (I) (B); and add (5) (g) (I) (C) as follows: 22-54-104. District total program. (5) (g) (I) For the 2010-11 budget year and each budget year thereafter, the general assembly determines that stabilization of the state budget requires a reduction in the amount of the annual appropriation to fund the state's share of total program funding for all districts and the funding for institute charter schools. The department of education shall implement the reduction in total program funding through the application of a negative factor as
