SB023

School Finance Act

Complete·5/28/26

Colorado SB023 increases per pupil funding and total program funding for public schools for the 2026-27 budget year.

Colorado SB023 amends the state's school finance system by increasing the statewide base per pupil funding for the 2026-27 budget year by $217.30 to account for inflation, setting the new base at $8,909.10. The bill also sets the total program funding for the same budget year at $10,209,589,888, ensuring that funding for all districts, including charter schools, meets this amount. These provisions are set to be repealed effective July 1, 2032.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Sponsors

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48
10
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Democratic CaucusRepublican Caucus

Roll Call Votes

32 Yea

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3 Nay

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Calendar

May 13

12:00 AM

Senate Third Reading Calendar

May 12

12:00 AM

House Third Reading Calendar

History

May 28

Governor Signed

May 19

Senate

Signed by the President of the Senate

May 19

House

Signed by the Speaker of the House