by bbco2019 | Mar 12, 2019 | Amend23Timeline
Intended to stabilize school district mill levies and slow the erosion of local property tax revenues, the “Mill Levy Stabilization Act” caps local district mill levies at no more than 27 mills and freezes mill levies for districts with mill levies of 27 mills or...
by bbco2019 | Mar 12, 2019 | Amend23Timeline
In response to TABOR’s erosion of the state’s revenue base and increasing K-12 costs, Colorado voters adopt “Amendment 23” to the state constitution which required the state to fund K-12 at a minimum amount every year, regardless of economic conditions:...
by bbco2019 | Mar 12, 2019 | Amend23Timeline
Because of the adverse impact which the TABOR Amendment and its interaction with the Gallagher Amendment was having on school funding, and because the legislature never fully funded the 1988 School Finance Act, the legislature made another attempt to address K-12...
by bbco2019 | Mar 12, 2019 | Amend23Timeline
Colorado voters adopt the “Taxpayers Bill of Rights” (TABOR) amendment to the state constitution which limits funding for state and local governments (of which K-12 is the largest component at 40% of the state budget) and prohibits state and local government from...
by bbco2019 | Mar 12, 2019 | Amend23Timeline
For the first time, a series of new educational “standards” are developed, both nationally and at the state level, which require additional K-12 investments for specific priorities such as educational proficiency, closing achievement gaps between socio-economic...
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