school finance: one-page overview
Post on 14-Apr-2015
211 Views
Preview:
DESCRIPTION
TRANSCRIPT
Colorado’s Commitment: Building a World-Class Education System
_______________________________________________________ What’s Been Happening
2011-2012: The School Finance Partnership, led by 16 statewide organizations, developed consensus recommendations on a 21st Century school finance formula
Oct-Dec 2012: The Children’s Campaign and Sen. Johnston led five, 200-person conventions for all stakeholders to provide technical feedback
Nov-Dec 2012: Sen. Johnston met with more than 2,000 superintendents, teachers, and parents from 125 school districts across the state to gather feedback
The Proposal
Reform must be paired with new revenue – we will rewrite the School Finance Act, but it will never go into effect until a statewide ballot initiative brings in new revenue
The new formula would simultaneously work toward Adequacy and Equity Adequacy
Increase funding for every child, ensuring that districts have the funds they need to implement 21st Century programs
Invest in early childhood education (Full-Day Kindergarten and ECE for 4-year-olds) to dramatically increase school readiness
Fully fund every high school student (regardless of their schedule), trusting schools to take advantage of opportunities like online learning, blended learning, or concurrent enrollment
Provide a state mill levy match for districts who want to raise funds but have low property value
Support student populations that need additional, targeted services – Special Education, Gifted & Talented, At-Risk, and English Language Learners
Target funding to struggling schools to provide longer school days and years Equity
Distribute state aid to districts based on their ability to pay
Give school leaders autonomy over some At-Risk and ELL funding
Simultaneously move to multiple count dates and reduce district reporting and audit burdens
Base Funding
Weights State & Local
Share Categoricals
Additional Supports
Step 1: Provide base per-pupil funding for Half-Day ECE for 4-year-olds Full-Day Kindergarten Grades 1-12 Online/ASCENT Students
Step 2: Add additional funding for Small Districts At-Risk Students English Language Learners
Step 3: Determine how much local districts are able to raise, and the state backfills the difference
Step 4: The state increases funding for… Special Education Gifted and Talented Education …and keeps the other categoricals
Step 5: The state offers additional supports for Mill Levy Match Innovation State Education Investment
top related