First Regular Session | 74th General Assembly
Colorado General AssemblyFocus Colorado presents forecasts for the economy and state government revenue through FY 2017-18. Implications of the forecast for the state's General Fund budget and spending limit are described in the report's highlights and executive summary sections. The report is based on current law,...
Economic Outlook for the U.S. and Colorado
Consistent with the later stages of economic expansion, growth has slowed for the U.S. and Colorado economies.
ESTIMATED VALUE OF SCHOOL FINANCE FACTORS, INCLUDING NEGATIVE FACTOR, FY 2015-16
Additional At-Risk Student Funding Under SB 15-267, FY 2015-16 (estimated allocation is about $16.13 per at-risk student)
Reengrossed Senate Bill 15-267 FY 2015-16 Compared with FY 2014-15
Senate Bill 15-267 as Introduced by the General Assembly
FY 2015-16 Compared with FY 2014-15
Overview of the State Education Fund and K-12 Public School Funding
Overview of the State Education Fund and K-12 Public School Funding
Joint Education Committee
Colorado's individual income tax form allows a taxpayer to make a voluntary contribution to any one of 15 funds, each of which benefits a program or charitable organization (organization). This issue brief provides information on the income tax "checkoff" program and the selection of...
K-12 funding rankings are of perpetual interest to legislators, educators, parents, and the general public because they provide a measure to evaluate where Colorado stands nationally on education funding. However, rankings can also result in confusion because of data differences and metrics used...
Colorado's Taxpayer's Bill of Rights (TABOR) requires voter approval of any new taxes. Prior to voter approval, it also requires that voters receive estimates of state spending without new taxes and the new tax revenue. Proposition AA, which authorized the 10 percent sales tax and the 15 percent...
Three state taxes apply to marijuana, but medical and retail marijuana are taxed differently. Both medical and retail marijuana are subject to the 2.9 percent state sales tax, which is applied to most purchases in the state. Additionally, retail marijuana is subject to a 10 percent sales tax,...
Colorado levies a 2.9 percent sales tax on purchases of most goods and some services. A complementary use tax is levied when sales tax is due but was not collected. This issue brief provides information on the state use tax and its collection.
This issue brief provides an overview of marijuana tax revenue. Three state taxes apply to marijuana, with medical and retail marijuana taxed differently. Both medical and retail marijuana are subject to the existing 2.9 percent state sales tax, which is applied to most purchases in the state....
The “negative factor” is a provision in state law that reduces the amount of total program funding and state aid provided to K-12 school districts. This issue brief discusses how the negative factor is applied in the School Finance Act (SFA), gives a short history of school finance leading to...
House Bill 16-1422 amends the Public School Finance Act of 1994 to provide funding for school districts in FY 2016-17. The bill was signed by the Governor on June 10, 2016, and became effective on that date. House Bill 16-1405, the "Long Bill," appropriates most of the state aid distributed to...
Senate Bill 15-267 amends the Public School Finance Act of 1994 to provide funding for school districts in FY 2015-16. The bill was signed by the Governor on June 5, 2015, and became effective on that date. Senate Bill 15-234, the "Long Bill," appropriates most of the state aid distributed to...
House Bill 14-1292 and House Bill 14-1298 amend the Public School Finance Act of 1994 to provide funding for school districts in FY 2014-15. The bills were signed by the Governor on May 21, 2014, and became effective on that date. House Bill 14-1336, the "Long Bill," appropriates most of the...
The school finance bill, Senate Bill 13-260, amends the Public School Finance Act of 1994 to provide funding for school districts in FY 2013-14. The bill was signed by the Governor on May 18, 2013, and became effective on that date. Senate Bill 13-230, the "Long Bill," appropriates most of the...
House Bill 12-1345 amends the Public School Finance Act of 1994 to provide funding for school districts in FY 2012-13. The bill was signed by the Governor on May 19, 2012, and became effective on that date. House Bill 12-1335, the "Long Bill," appropriates most of the money distributed to school...
Senate Bill 11-230 amends the Public School Finance Act of 1994 to provide funding for school districts in FY 2011-12. The bill was signed by the Governor on June 9, 2011, and became effective on that date. Senate Bill 11-209, the "Long Bill," appropriates most of the money distributed to school...
House Bill 10-1369 amends the Public School Finance Act of 1994 to provide funding for school districts for the 2010-11 budget year. House Bill 10-1376, the "long bill," appropriates most of the money distributed to school districts. Highlights of funding provided to school districts by the two...
Senate Bill 09-256 amends the Public School Finance Act of 1994 to provide funding for school districts for the 2009-10 budget year. Senate Bill 09-259, the "Long Bill," appropriates most of the money distributed to school districts. Highlights of funding provided to school districts by the two...
State funding for K-12 public schools is a conglomeration of money allocated through the funding formula in the school finance act, categorical programs, and a variety of other specific-purpose programs. This memorandum summarizes the annual school finance bill, House Bill 08-1388. Highlights of...
The model developed by the Pacey Economics Group in February 2001 was updated to reflect actual data for the current budget year and Legislative Council Staff's December 2006 revenue forecast. The result in the short term is projected state aid costs that are higher than revenue changes,...