Colorado House Passes Major School Funding Formula Overhaul

The proposed legislation seeks to redistribute state education funds more equitably among districts, emphasizing support for rural schools and students with higher needs.

• House Bill 1448 aims to inject an additional $500 million into Colorado schools over six years, targeting rural and high-need districts.
• The bill faces opposition from some larger districts and the state's largest teachers' union, concerned about the sustainability and equity of the funding.
• Denver Public Schools supports the overhaul, anticipating significant budget increases by the end of the six-year rollout.
• Opponents fear the new formula could lead to reduced funding for certain districts and potentially benefit charter schools over public schools.
• The legislation still requires Senate approval and faces ongoing debates over its long-term financial implications and fairness.

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