Norwood School District faces future funding cuts amid House Bill 24 14 48 concerns

The San Miguel County Board of County Commissioners convened on March 5, 2025, to discuss pressing issues affecting local education funding, particularly in light of House Bill 24-1448. The meeting highlighted concerns regarding potential financial cuts to school districts, notably Norwood, which anticipates a modest loss of approximately $2,000 for the upcoming year. However, the outlook for subsequent years appears grim, with projections indicating a possible decline in funding due to decreasing student enrollment and changes in state funding formulas.

Commissioner Bissell expressed apprehension about future funding, noting that even a slight drop in student numbers could result in significant financial repercussions, potentially costing the district hundreds of thousands of dollars. The discussion revealed that the current funding formula, which utilizes a five-year average of student enrollment, may shift to a one-year count, exacerbating the financial strain on districts already facing declining enrollment.

The meeting also addressed the implications of the hold harmless provision, which is designed to protect districts from immediate funding losses. This provision allows districts to receive funding based on previous years' figures, but its eventual expiration raises concerns about future budget shortfalls. The potential transition to a one-year student count could lead to drastic reductions in funding, with estimates suggesting losses could reach up to $3 million.

In addition to these discussions, the board emphasized the importance of advocating for legislative changes to protect educational funding. They highlighted the need for community engagement and communication with state legislators to address the challenges posed by the proposed changes in funding formulas. The board plans to encourage local stakeholders to voice their concerns and support efforts to maintain adequate funding for education.

Overall, the meeting underscored the precarious financial situation facing San Miguel County's school districts and the urgent need for proactive measures to ensure sustainable funding in the years to come. As the board continues to navigate these challenges, the community's involvement will be crucial in shaping the future of education funding in the region.