BFFDA94CA618D0E787258BBE0056145E Hearing Summary CLICS/CLICS2024A/commsumm.nsf PUBLICBILL SUMMARY For PERSPECTIVE ON MLO MATCH PROGRAMINTERIM COMMITTEE OVERRIDE MILL LEVY MATCH WORKING GROUPDate Oct 22, 2024 Location SCR 352 Perspective on MLO Match Program - Committee Discussion Only Attachment Tag File Name Attachment C https://www.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/D647E8DFD25B...$File/Attachment C.pdf?OpenElement Attachment C.pdf 09:40:15 AM Brett Johnson, Chief Financial Officer, Aurora Public Schools, began his presentation providing a district perspective on the MLO Match program, which can be found as Attachment C. He discussed the relationship between the state share and local share, the history of the state's K-12 financial obligation and the rise of the budget stabilization factor, and the need for school district tax parity. He reviewed the range that different taxpayer communities need to pay to achieve one additional mill, which leads to serious disparities among what taxpayers are asked to pay to achieve additional dollars. He explained that one mill on a statewide average basis produces approximately $216 per pupil, but that districts vary greatly between what they pay for additional mills and how that translates to additioal per pupil funding amounts. 09:53:11 AM Mr. Johnson reviewed ideas for potential solutions to create more parity and equalization. He answered questions from the committee. Committee discussion ensued.
