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St. Vrain finance staff warn proposed state and federal changes could erase gains in next-year funding
Summary
Officials told the board that proposals to change how vehicle-registration (specific ownership) taxes are counted and a federal tax-credit scholarship program could remove millions from district coffers; staff said they are working with legislators to oppose the changes.
District finance staff used the FY26 study session to flag state and federal policy proposals that could materially affect the St. Vrain Valley School District's FY27 revenue outlook.
Tony (presenter) and Justin Petrone said a state proposal to change how specific ownership tax (SOT, vehicle-registration revenue) is counted against local share could reduce the district's equalization payment by an estimated $7.8 million to $8.0 million. "If they just took that away, it's just cutting us $8,000,000," Tony said, describing how SOT is distributed pro rata by mills and how the change would effectively lower state…
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