Joint Budget Committee
The Joint Budget Committee cleared its school finance mid-year adjustment and a general fund transfer for CBMS replacement without dissent, but hit the brakes on a State Ed Fund bill after Vice Chair Bridges warned it would quietly erase the statutory requirement to fund the READ Act — pushing that decision to Monday.
Key Actions
+ 3 more actions
Notable Quotes
“the wholesale elimination of any kind of legislative, any kind of statutory requirements for funding is much. Is a much bigger change to the Reid act than simply creating transparency about how these dollars flow.”
+ 3 more quotes
Subscribe to see every key action, the full discussion, amendments, and notable quotes.
Sign in to subscribeCorrect. Director Harper, we just have the bill drafts on the agenda for today, unless anyone found anything last night. Thank you, Madam Chair. Craig Harper, JBC Staff. You are correct. And I don't believe anyone found anything last night. Great. Okay. Ms. Eula, Mr. Bous. Okay. Thank you, Madam Chair. The first bill. This is Andrea Yule, JBC Staff. The first bill in your packet is the school finance mid year adjustment bill. So the summary and the ledge deck both lay out the changes. It talks about how total program is lower because of the pupil counts coming in lower than expected, how the local share came in higher. And as a result we are able to decrease the state share of total program by $103.5 million from the state ed fund in the current fiscal year. The bill also includes the clarification that we talked about during my presentation. That is in, on page four at the end there, when we talked about the issue of the districts that were going to receive a negative phase in increment. And you all determined that for the current fiscal year only to clarify that in those cases, those districts…
Subscribe to unlock the full transcript, summary, and the assistant across all Colorado committee hearings.
Sign in to subscribe