A Bill for an Act
Page 1, Line 101Concerning school district reporting on the total amount
Page 1, Line 102of additional mill levy revenue the school district
Page 1, Line 103distributes to institute charter schools within the
Page 1, Line 104geographic boundary of the school district.
Bill Summary
(Note: This summary applies to this bill as introduced and does not reflect any amendments that may be subsequently adopted. If this bill passes third reading in the house of introduction, a bill summary that applies to the reengrossed version of this bill will be available at http://leg.colorado.gov/.)
Joint Budget Committee. The bill requires each school district, beginning in the 2025-26 budget year, and each budget year thereafter, to report the total amount of additional mill levy revenue, stated as a dollar amount, that the school district is authorized to collect and that the school district distributes to the institute charter schools within the geographic boundary of the school district.
Page 2, Line 1Be it enacted by the General Assembly of the State of Colorado:
Page 2, Line 2SECTION 1. In Colorado Revised Statutes, 22-2-113.8, amend (1) as follows:
Page 2, Line 322-2-113.8. Department of education - additional local
Page 2, Line 4revenues - distribution to schools - annual report. (1) (a) For the
Page 2, Line 52014-15 budget year and each budget year thereafter, each school district
Page 2, Line 6shall report the total amount of additional local property tax revenues the
Page 2, Line 7district is authorized to collect in addition to the district's total program
Page 2, Line 8mill levy, but not including amounts authorized pursuant to section
Page 2, Line 922-40-110, article 42 of this
title title 22, or article 43 of thistitle titlePage 2, Line 1022, and the amount of the additional local property tax revenues that the
Page 2, Line 11school district distributes directly to schools of the school district, stated as a dollar amount.
Page 2, Line 12(b) Beginning in the 2025-26 budget year, and each budget
Page 2, Line 13year thereafter, each school district shall report the total
Page 2, Line 14amount of additional mill levy revenue, as defined in section
Page 2, Line 1522-32-108.5 (2), the school district is authorized to collect that
Page 2, Line 16the school district distributes, stated as a dollar amount, to
Page 2, Line 17the institute charter schools within the geographic boundary of the school district.
Page 2, Line 18SECTION 2. Safety clause. The general assembly finds,
Page 2, Line 19determines, and declares that this act is necessary for the immediate
Page 2, Line 20preservation of the public peace, health, or safety or for appropriations for
Page 3, Line 1the support and maintenance of the departments of the state and state institutions.