House panel advances School Finance Act, citing $195M boost and focus on high‑need students
Sponsors said Senate Bill 23 keeps Colorado on track with the 2024 student‑centered funding formula, delivering a $195 million year‑over‑year increase and targeted support for high‑need and rural students. The committee advanced the bill unanimously to Appropriations.
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Chair Lukens and co‑sponsor Rep. Sirota told the committee Senate Bill 23 continues implementation of Colorado's student‑centered school funding formula. "Of this bill's $195 million year over year funding increase for K12, the majority will go to schools serving students with the greatest needs," Chair Lukens said, emphasizing equity and predictability for districts.
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