Gallgher Policy Option #4

Replace the STATEWIDE Residential assessment rate with a REGIONAL rate to prevent Hi-growth areas from driving down the Residential assessment rate in LO-growth areas. PROSA. Prevents growth in residential values on ONE area of the state (metro) from forcing down the...

2012: Marijuana Tax Revenues

With the voters’ adoption of the use of RECREATIONAL marijuana, K-12 education receives a portion of recreational (a.k.a. retail) marijuana tax revenues in three forms: $40 million of the 15% Excise Tax on retail marijuana is dedicated to the BEST program to help with...

2010: Negative Factor

With the drop in state revenue as a result of the “Great Recession” of 2008-2010, and Amendment 23’s requirement that state funding for K-12 continue to grow at the rate of student enrollment plus inflation, the legislature chose to reinterpret Amendment 23’s funding...

2008: Better Schools Today

The legislature created the BEST competitive grant program to provide school districts with matching funds for the construction of new schools as well as general construction and renovation of existing school facilities.   BEST is funded through multiple revenue...