Colorado schools in line for 4.9 percent increase
DENVER, Colorado ” Colorado’s funding for schools could grow by 4.9 percent next year even as lawmakers look to slash millions from the rest of the budget.
School funding must increase by inflation plus 1 percentage point each year under a voter-approved constitutional amendment. Lawmakers say 4.9 percent is the minimum increase allowed for next year.
That increase will be included in a bill laying out next year’s school funding plan. It’s expected to be introduced in the Senate Monday afternoon.
Lawmakers who crafted the bill still hope to win extra federal stimulus dollars to pay for new programs. Democratic Sen. Chris Romer says one of the ideas is creating new public boarding schools to serve at-risk students.
The bill would have to be approved by the Senate and then the House.