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School Funding

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Colorado Superintendents'

SCHOOL FUNDING

174 Colorado superintendents representing MORE THAN 92% of the public school students endorsed the following in order to offset this year's nearly $900 million shortfall in public education.*

Position Statement on

Short-Term Solution:

Increase school funding by constitutionally mandated inflation and growth, in addition to the following:

$200

million

$50

million

$20

million

attached

with NO

S

T

R

I

N

G

S

+

+

At-risk Students

Small, Rural Districts

Governor's proposed budget

Long-Term Solution:

Gallagher Amendment

Resolve "financial thicket" of conflicting constitutional mandates

Amendment 23

GROWS EXPENDITURES

INFLUENCES RESIDENTIAL TAX POLICY

TABOR

LIMITS REVENUES

*In 2014-15, K-12 funding is $894 million below amount approved by voters through Amendment 23. Since 2009-10, more than $4 billion has been removed from K-12 funding relative to what was promised by voters.

Over $4 Billion Removed from K-12 Education

In 1980, Colorado invests $473 MORE per student than the national average.

In 2013, Colorado invests $2,060 LESS per student than the national average.

+$473

-$2,060

Colorado Invests Much Less than the National Average

National Average

1980

2013

Why CASE Supports the Position Statement

Source Documents include: The Colorado Superintendents' Position Statement on School Funding and The Purple Book: A Colorado Compendium of Useful Fiscal Facts (2015), Colorado Fiscal Institute

Empowering Colorado education leaders through advocacy, professional learning and networking to deliver on the promise of public education.

Colorado Association of School Executives 4101 S. Bannock Street Englewood, CO 80110-4606 303 762.8762