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 These provisions are set to be repealed effective July 1, 2032.

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 These provisions are set to be repealed effective July 1, 2032.