Colorado SB135 proposes to increase K-12 public education funding by up to 2% annually for ten years, allowing the state to retain excess revenues.

Colorado SB135 aims to increase state investment in K-12 public education by up to 2% annually for ten years. The bill creates a positive factor funding mechanism to provide additional funding for school districts, which can be used for increasing teacher pay, improving teacher retention, lowering class sizes, and increasing access to career and technical courses. The bill establishes the excess state revenues account within the general fund, allowing the state to retain and spend excess revenues for education without raising taxes.

Colorado SB135 proposes to increase K-12 public education funding by up to 2% annually for ten years, allowing the state to retain excess revenues.

Colorado SB135 aims to increase state investment in K-12 public education by up to 2% annually for ten years. The bill creates a positive factor funding mechanism to provide additional funding for school districts, which can be used for increasing teacher pay, improving teacher retention, lowering class sizes, and increasing access to career and technical courses. The bill establishes the excess state revenues account within the general fund, allowing the state to retain and spend excess revenues for education without raising taxes.