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...
by bbco2019 | Mar 12, 2019 | Amend23Timeline
The 1988 Act established the new goal of funding an adequate level of education for every student in the state, regardless of local wealth and costs. The 1988 Act also sought to address tax equity issues by seeking to balance the K-12 funding responsibility equally...
by bbco2019 | Mar 12, 2019 | Amend23Timeline
Colorado voters adopt the “Gallagher” amendment to the state constitution which begins a long-term erosion of the local residential property tax base on which schools depend for local funding. Local governments counter this erosion of their property tax base by...
by bbco2019 | Mar 12, 2019 | Amend23Timeline
With the passage of the “Public School Finance Act of 1973”, the Colorado legislature took its first cut at adopting a comprehensive modern school finance system which attempted to equalize funding in the school districts across the state regardless of the property...
by bbco2019 | Mar 12, 2019 | Amend23Timeline
Colorado’s constitution requires the state to provide a public education system that is free and uniform. Before 1973, funding for K-12 is primarily based on LOCAL property taxes and therefore funding decisions were also made locally. Not surprisingly, the wealthier...
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