Page 1
May 24, 2022 HB 22-1186
Legislative Council Staff
Nonpartisan Services for Colorado’s Legislature
Final Fiscal Note
Drafting Number:
Prime Sponsors:
LLS 22-0841
Rep. Herod; McCluskie
Sen. Hansen; Moreno
Date:
Bill Status:
Fiscal Analyst:
May 24, 2022
Signed into Law
Marc Carey | 303-866-4102
marc.carey@state.co.us
Bill Topic: ADJUSTMENTS TO SCHOOL FUNDING FISCAL YEAR 2021 -22
Summary of
Fiscal Impact:
☐ State Revenue
☒ State Expenditure
☐ State Transfer
☐ TABOR Refund
☒ School District
☐ Statutory Public Entity
This bill makes mid-year adjustments to the 2021 School Finance Act in order to
maintain total program after application of the budget stabilization factor at the level
anticipated in the original appropriation. The bill also appropriates money outside the
school finance formula to mitigate the impacts of the pandemic on at-risk pupil counts.
The bill results in a one-time net reduction in state expenditures.
Appropriation
Summary:
For FY 2021-22, the bill includes a State Education Fund appropriation reduction of
$139,565,749 and an appropriation increase of $91,433,760 to the Colorado
Department of Education.
Fiscal Note
Status:
This fiscal note reflects the enacted bill.
Table 1
State Fiscal Impacts Under HB 22-1186
Current Year
FY 2021-22
Budget Year
FY 2022-23
Out Year
FY 2023-24
Revenue
- - -
Expenditures State Education Fund – School Finance ($139,565,749) - -
State Education Fund – At Risk Funding $91,433,760 - -
Total Expenditures ($48,131,989) - -
Transfers - - -
Other Budget Impacts - - -
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May 24, 2022 HB 22-1186
Summary of Legislation
Formula funding. This bill makes mid-year adjustments to the 2021 School Finance Act to maintain
total program funding after application of the budget stabilization factor at the level anticipated by
the original appropriation. Adjustments are based on the October 2021 student count and the 2021
certified property values.
The decrease reflects lower than expected enrollment for both students and at-risk students, which
reduces total program funding before application of the budget stabilization factor by $68.0 million,
while local revenue available to support school finance is $139.6 million higher than anticipated. The
bill reduces the budget stabilization factor by $68.0 million and in doing so maintains total program
funding at its initial appropriation, while the higher local share decreases the state share of total
program by $139.6 million. These adjustments increase the statewide average per pupil funding after
application of the budget stabilization factor by $23.41, to $9,014.58 in FY 2021-22.
At-risk mitigation funding. The bill provides an additional $91.4 million outside of the school finance
formula to offset the estimated undercount in at-risk pupils in the current year. At-risk mitigation
funding is also provided to Charter School Institute (CSI) schools.
Background
At the time that the Long Bill appropriation for school finance is established, many data are unknown.
The initial appropriation is based on forecasts of the funded pupil counts, the number of at-risk
students, and property tax revenue. Subsequently, school districts conduct a student count in
October, county assessors and the State Board of Equalization certify the total valuation for assessment
of all taxable property, and school district boards certify each district's mill levy for school finance. By
early January, these data are finalized by school districts and compiled by the Colorado Department
of Education (CDE). CDE annually submits a supplemental request to make mid-year appropriation
adjustments based on actual data.
For FY 2021-22, the funded pupil count was 2,308 lower than forecast. In addition, the at-risk student
count was 36,818 lower than projected. These two impacts decreased overall school finance funding
by $68.0 million. In addition, actual local property tax revenue in 2021 was $116.6 million higher than
the estimates that were used for the initial appropriation last spring, and actual specific ownership tax
revenue came in $23.0 million higher than forecast. Thus, the overall local share for total program
increased by $139.6 million. Table 2 details these adjustments.
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May 24, 2022 HB 22-1186
Table 2
Changes in Pupil Count and Local Tax Revenue
FY 2021-22
(initial)
FY 2021-22
(actual)
Mid-Year
Change
Funded Pupil Count 888,556 886,249 (2,308)
At-Risk Pupil Count 363,993 327,175 (36,818)
Local Share of Total Program (millions) $3,140.6 $3,280.2 $139.6
Property Tax (millions) $2,945.6 $3,062.2 $116.6
Specific Ownership Tax (millions) $195.0 $218.0 $23.0
Note: totals may not sum due to rounding.
State Expenditures
In the current FY 2021-22, the bill decreases state expenditures in CDE by a net $48.1 million. The bill
decreases the state share of school finance, paid from the State Education Fund, and increases
expenditures from the State Education Fund for supplemental at-risk funding outside the formula.
School finance. This bill makes mid-year adjustments to school finance-related appropriations for
FY 2021-22, decreasing the state share of total program by $139.6 million and buying down the budget
stabilization factor by $68.0 million from the level of the original appropriation. The cost of total
program funding prior to the application of the budget stabilization factor decreased by $68.0 million
due to lower than anticipated student and at-risk student counts.
Because local tax revenue for school finance came in higher than was projected last spring, money
available for the local share is $139.6 million greater than anticipated. Maintaining total program
funding after application of the budget stabilization factor at its current level implies a decrease in the
state share of total program by a like amount. Table 3 details mid-year adjustments to the FY 2021-22
appropriations for school finance.
Table 3
Total Program Funding Under HB 22-1186
Initial
Appropriation
Mid-Year
Change
Adjusted
Appropriation
Total Program Funding $8,560,407,834 ($67,976,234) $8,492,431,600
Local Share of Total Program $3,140,627,102 $139,565,749 $3,280,192,851
State Share of Total Program $4,848,537,248 ($139,565,749) $4,708,971,499
Budget Stabilization Factor ($571,243,484) $67,976,234 ($503,267,250)
Adjusted Total Program Funding* $7,989,164,350 $0 $7,989,164,350
*After the budget stabilization factor
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May 24, 2022 HB 22-1186
It should be noted that the statutory total program funding floor in the bill ($7,988,675,434) is not the
same as the actual total program funding that appears in Table 3 above. The statutory total program
funding floor serves as a starting point for calculating the budget stabilization factor. The actual total
program funding after application of the budget stabilization factor will be $7,989,164,350, which is
$488,916 higher than the funding floor. The difference is the amount of the budget stabilization factor
reduction attributable to the three school districts that are fully locally funded, and are thus not
impacted by the budget stabilization factor in FY 2021-22.
Budget stabilization factor. By reducing the budget stabilization factor by $68.0 million across all
school districts, the bill decreases the budget stabilization factor in percentage terms from 6.67 percent
to 5.93 percent.
At-risk mitigation funding. The bill provides an additional $91.4 million outside of the school finance
formula to mitigate the impacts of an artificially depressed at-risk pupil count. Because free lunches
were universally provided during the pandemic, the number of free and reduced price lunch
applications turned in was lower than the true number of eligible students. To protect against the
potential undercounting of at-risk students, the true number of at-risk students was estimated using
actual numbers of direct certification students, free lunch students, and reduced price lunch students
in FY 2019-20, the latest year in which data did not contain pandemic-related distortions. Applying
these totals to the number of direct certification students in FY 2021-22 (assumed to be unaffected by
the pandemic) allows the CDE to impute estimates for the true number of free and reduced price lunch
students in FY 2021-22 at the district level. Imputed totals were used to calculate supplemental at-risk
funding, unless reported totals were higher.
It should be noted that the $91.4 million includes additional funding for at-risk students at CSI schools.
This money will be distributed directly to CSI.
School District
Formula funding. Under this bill, total funding for school districts through the formula will be held
constant from the funding amount that was originally appropriated for school finance in FY 2021-22,
although the funding for individual districts will vary, depending on changes in pupil counts and
local share. The constant cost of total program combined with the $139.6 million increase in the local
share requires a $139.6 million decrease in the state's share of total program. District-level details for
this funding adjustment are provided in Appendix A.
Funding outside the formula. Under this bill, districts will also receive a total of $91.4 million to
mitigate the estimated undercount of at risk pupils. CSI schools will also receive their share of this
additional funding. District-level distributions for at-risk undercounting are detailed in Appendix B.
Funding for CSI schools is included in their geographic accounting district.
Effective Date
The bill was signed into law by the Governor and took effect on March 1, 2022. Page 5
May 24, 2022 HB 22-1186
State Appropriations
For FY 2021-22, this bill requires and contains:
an appropriation reduction of $139,565,749 from the State Education Fund to the Colorado
Department of Education for the state share of total program; and
an appropriation increase of $91,433,760 from the State Education Fund to the Colorado
Department of Education for distribution to school districts for additional at-risk funding.
State and Local Government Contacts
Education Joint Budget Committee School Districts
The revenue and expenditure impacts in this fiscal note represent changes from current law under the bill for each
fiscal year. For additional information about fiscal notes, please visit: leg.colorado.gov/fiscalnotes. County District
Funded
Pupil
CountTotal Program State Share Local Share
Funded
Pupil
Count Total Program State Share Local Share
Funded
Pupil
CountTotal Program State Share Local Share
ADAMS MAPLETON 8,804 79,614,116 56,047,607 23,566,508$ 8,721 $78,222,802 $51,164,176 27,058,627$ (82.5) ($1,391,313) ($4,883,432) $3,492,118
ADAMS ADAMS 12 FIVE STAR 42,209 374,021,976 282,711,425 91,310,551$ 41,640 $369,442,573 $274,138,072 95,304,501$ (568.4) ($4,579,403) ($8,573,353) $3,993,950
ADAMS COMMERCE CITY 7,026 66,958,146 44,138,828 22,819,318$ 6,923 $65,319,440 $38,615,373 26,704,067$ (103.3) ($1,638,706) ($5,523,455) $3,884,749
ADAMS BRIGHTON 19,992 172,660,346 116,349,114 56,311,231$ 20,540 $178,984,774 $117,081,234 61,903,539$ 547.1 $6,324,428 $732,120 $5,592,308
ADAMS BENNETT 1,131 10,555,624 4,559,041 5,996,583$ 1,221 $11,322,996 $5,200,623 6,122,374$ 89.7 $767,372 $641,582 $125,790
ADAMS STRASBURG 1,076 9,855,118 6,661,903 3,193,216$ 1,112 $10,261,155 $6,915,843 3,345,312$ 36.2 $406,036 $253,940 $152,096
ADAMS WESTMINSTER 9,691 90,815,979 65,328,256 25,487,722$ 9,617 $90,570,675 $63,985,960 26,584,715$ (73.6) ($245,304) ($1,342,297) $1,096,993
ALAMOSA ALAMOSA 2,385 21,207,598 16,824,795 4,382,803$ 2,356 $20,363,541 $15,728,170 4,635,370$ (28.1) ($844,058) ($1,096,625) $252,567
ALAMOSA SANGRE DE CRISTO 267 3,279,766 2,004,282 1,275,483$ 268 $3,309,911 $1,982,973 1,326,938$ 0.8 $30,146 ($21,310) $51,455
ARAPAHOE ENGLEWOOD 2,466 23,027,744 7,555,110 15,472,633$ 2,452 $22,836,872 $5,223,081 17,613,792$ (13.3) ($190,871) ($2,332,030) $2,141,158
ARAPAHOE SHERIDAN 1,260 13,182,192 8,026,785 5,155,407$ 1,227 $13,119,964 $6,754,070 6,365,894$ (32.8) ($62,229) ($1,272,715) $1,210,487
ARAPAHOE CHERRY CREEK 53,777 482,143,087 337,686,827 144,456,260$ 53,667 $483,099,155 $331,493,502 151,605,653$ (110.3) $956,068 ($6,193,325) $7,149,393
ARAPAHOE LITTLETON 14,424 124,226,782 67,246,432 56,980,350$ 14,279 $122,897,744 $63,964,813 58,932,931$ (145.3) ($1,329,039) ($3,281,619) $1,952,581
ARAPAHOE DEER TRAIL 243 3,387,102 2,057,451 1,329,651$ 274 $3,574,254 $2,038,291 1,535,963$ 30.8 $187,152 ($19,160) $206,312
ARAPAHOE AURORA 39,016 376,902,950 280,742,893 96,160,057$ 38,968 $378,062,241 $271,934,525 106,127,716$ (48.8) $1,159,291 ($8,808,368) $9,967,659
ARAPAHOE BYERS 4,715 40,033,238 38,148,235 1,885,003$ 4,881 $41,859,983 $40,012,922 1,847,061$ 166.4 $1,826,745 $1,864,687 ($37,942)
ARCHULETA ARCHULETA 1,702 15,536,809 7,628,209 7,908,600$ 1,698 $15,452,659 $6,636,024 8,816,635$ (3.6) ($84,150) ($992,185) $908,035
BACA WALSH 143 2,237,455 1,589,925 647,529$ 148 $2,311,520 $1,646,753 664,767$ 4.9 $74,066 $56,828 $17,238
BACA PRITCHETT 56 1,031,644 539,112 492,532$ 60 $1,110,095 $523,546 586,548$ 4.0 $78,451 ($15,566) $94,016
BACA SPRINGFIELD 293 3,417,260 2,459,564 957,696$ 281 $3,327,813 $2,315,711 1,012,101$ (11.9) ($89,447) ($143,853) $54,406
BACA VILAS 126 2,021,197 1,786,315 234,881$ 147 $2,334,254 $2,107,059 227,194$ 20.9 $313,057 $320,744 ($7,687)
BACA CAMPO 50 910,897 686,075 224,822$ 50 $905,788 $678,688 227,099$ - ($5,109) ($7,387) $2,278
BENT LAS ANIMAS 2,212 19,539,978 18,015,416 1,524,562$ 804 $7,467,971 $5,876,511 1,591,459$ (1,408.3) ($12,072,007)($12,138,904) $66,897
BENT MCCLAVE 229 2,912,311 2,405,772 506,539$ 233 $2,959,692 $2,371,731 587,961$ 4.1 $47,381 ($34,041) $81,422
BOULDER ST VRAIN 30,682 269,766,932 157,837,026 111,929,906$ 31,069 $274,021,944 $162,624,555 111,397,390$ 387.5 $4,255,012 $4,787,529 ($532,517)
BOULDER BOULDER 30,237 267,078,035 62,507,845 204,570,190$ 29,440 $262,299,947 $66,111,065 196,188,882$ (797.1) ($4,778,088) $3,603,220 ($8,381,308)
CHAFFEE BUENA VISTA 1,006 9,102,861 4,490,738 4,612,123$ 1,013 $9,111,411 $3,817,826 5,293,585$ 7.0 $8,549 ($672,912) $681,462
CHAFFEE SALIDA 1,343 11,801,194 6,667,021 5,134,173$ 1,412 $12,452,866 $6,445,906 6,006,960$ 69.0 $651,672 ($221,115) $872,787
CHEYENNE KIT CARSON 102 1,649,312 1,272,115 377,198$ 103 $1,674,915 $1,264,652 410,263$ 0.9 $25,603 ($7,463) $33,066
CHEYENNE CHEYENNE 177 2,648,447 2,055,492 592,955$ 178 $2,637,601 $1,976,667 660,934$ 1.1 ($10,846) ($78,825) $67,980
CLEAR CREEK CLEAR CREEK 687 6,661,147 1,845,372 4,815,775$ 686 $6,706,556 $2,137,448 4,569,109$ (1.0) $45,409 $292,075 ($246,666)
CONEJOS NORTH CONEJOS 1,092 9,604,985 8,844,856 760,129$ 1,060 $9,541,749 $8,712,063 829,685$ (32.0) ($63,236) ($132,792) $69,556
CONEJOS SANFORD 345 3,829,388 3,526,088 303,301$ 356 $3,949,353 $3,623,034 326,318$ 10.8 $119,965 $96,947 $23,018
CONEJOS SOUTH CONEJOS 162 2,541,029 1,840,637 700,392$ 162 $2,571,112 $1,827,082 744,030$ 0.4 $30,083 ($13,555) $43,639
COSTILLA CENTENNIAL 218 3,040,215 2,036,607 1,003,609$ 214 $3,035,162 $2,002,732 1,032,430$ (3.4) ($5,054) ($33,875) $28,821
COSTILLA SIERRA GRANDE 277 3,443,688 1,514,208 1,929,480$ 278 $3,411,145 $1,475,815 1,935,330$ 0.7 ($32,543) ($38,393) $5,850
CROWLEY CROWLEY 446 4,436,889 3,443,759 993,130$ 442 $4,483,425 $3,439,006 1,044,419$ (3.5) $46,536 ($4,753) $51,289
CUSTER WESTCLIFFE 373 4,136,283 1,005,550 3,130,733$ 355 $4,025,786 $765,672 3,260,114$ (18.0) ($110,497) ($239,878) $129,381
DELTA DELTA 4,749 41,791,263 31,057,200 10,734,063$ 4,693 $40,488,417 $28,947,899 11,540,518$ (55.9) ($1,302,846) ($2,109,301) $806,456
DENVER DENVER 89,747 838,338,535 242,422,257 595,916,278$ 89,410 $837,256,270 $206,481,663 630,774,607$ (336.9) ($1,082,266)($35,940,595) $34,858,329
DOLORES DOLORES 222 3,139,527 1,200,201 1,939,326$ 245 $3,336,578 $1,258,012 2,078,566$ 22.2 $197,051 $57,812 $139,240
DOUGLAS DOUGLAS 64,832 557,995,976 339,311,990 218,683,985$ 65,816 $570,389,409 $337,210,875 233,178,534$ 983.9 $12,393,433 ($2,101,115) $14,494,549
EAGLE EAGLE 6,986 65,716,542 22,352,870 43,363,671$ 6,966 $65,354,766 $23,488,592 41,866,175$ (19.4) ($361,775) $1,135,721 ($1,497,497)
ELBERT ELIZABETH 2,216 19,599,774 10,996,256 8,603,518$ 2,251 $19,970,848 $11,344,994 8,625,853$ 34.3 $371,074 $348,738 $22,336
ELBERT KIOWA 261 3,450,605 2,207,890 1,242,715$ 265 $3,499,461 $2,267,694 1,231,767$ 3.8 $48,856 $59,804 ($10,948)
FY 2021-22 Under Current Law FY 2021-22 with HB 22-1186 Change from Current Law
Appendix A
School Finance Funding Comparison with Current Law
FY 2021-22 with House Bill 22-1186
(Total program and state share are after the application of the budget stabilization factor)
Prepared by Legislative Council Staff 5/16/2022 County District
Funded
Pupil
CountTotal Program State Share Local Share
Funded
Pupil
Count Total Program State Share Local Share
Funded
Pupil
CountTotal Program State Share Local Share
FY 2021-22 Under Current Law FY 2021-22 with HB 22-1186 Change from Current Law
Appendix A
School Finance Funding Comparison with Current Law
FY 2021-22 with House Bill 22-1186
(Total program and state share are after the application of the budget stabilization factor)
ELBERT BIG SANDY 306 3,824,742 2,827,500 997,242$ 311 $3,900,824 $2,666,911 1,233,913$ 4.1 $76,082 ($160,589) $236,671
ELBERT ELBERT 258 3,384,593 2,686,083 698,510$ 259 $3,412,829 $2,714,070 698,759$ 0.9 $28,236 $27,987 $249
ELBERT AGATE 59 1,139,965 705,819 434,146$ 75 $1,430,628 $933,802 496,826$ 15.7 $290,663 $227,983 $62,680
EL PASO CALHAN 430 4,554,580 3,176,266 1,378,314$ 445 $4,718,336 $3,158,469 1,559,868$ 15.9 $163,756 ($17,797) $181,553
EL PASO HARRISON 11,425 105,577,818 93,852,389 11,725,429$ 13,138 $119,042,118 $104,777,682 14,264,436$ 1,712.8 $13,464,300 $10,925,293 $2,539,007
EL PASO WIDEFIELD 9,315 79,224,940 66,979,227 12,245,713$ 9,200 $78,453,934 $62,742,523 15,711,411$ (114.9) ($771,006) ($4,236,704) $3,465,698
EL PASO FOUNTAIN 8,166 69,924,926 65,649,443 4,275,483$ 8,183 $70,322,006 $65,707,567 4,614,439$ 16.8 $397,080 $58,124 $338,956
EL PASO COLORADO SPRINGS 28,929 257,031,597 185,209,435 71,822,162$ 29,309 $259,559,764 $179,691,833 79,867,931$ 380.2 $2,528,167 ($5,517,602) $8,045,769
EL PASO CHEYENNE MOUNTAIN 5,172 43,967,117 30,793,656 13,173,461$ 3,680 $31,381,498 $17,277,680 14,103,819$ (1,491.6) ($12,585,619)($13,515,976) $930,358
EL PASO MANITOU SPRINGS 1,391 12,658,891 9,011,082 3,647,808$ 1,370 $12,483,532 $8,512,054 3,971,478$ (20.5) ($175,359) ($499,028) $323,670
EL PASO ACADEMY 25,491 216,392,606 158,854,514 57,538,092$ 25,495 $217,013,197 $152,002,253 65,010,944$ 3.7 $620,592 ($6,852,260) $7,472,852
EL PASO ELLICOTT 1,031 9,771,547 8,552,025 1,219,521$ 1,033 $9,617,788 $8,210,765 1,407,023$ 1.7 ($153,758) ($341,260) $187,502
EL PASO PEYTON 603 5,912,850 4,537,123 1,375,727$ 593 $5,822,659 $4,327,636 1,495,023$ (10.0) ($90,191) ($209,487) $119,296
EL PASO HANOVER 257 3,436,605 3,020,325 416,281$ 267 $3,549,814 $3,084,258 465,556$ 9.9 $113,209 $63,933 $49,276
EL PASO LEWIS-PALMER 6,493 55,199,892 38,230,138 16,969,755$ 6,409 $54,680,498 $36,252,457 18,428,041$ (84.2) ($519,395) ($1,977,681) $1,458,286
EL PASO FALCON 28,218 241,584,021 209,699,339 31,884,682$ 28,111 $241,810,866 $205,978,517 35,832,349$ (107.0) $226,845 ($3,720,822) $3,947,667
EL PASO EDISON 191 2,852,898 2,666,179 186,720$ 176 $2,668,626 $2,492,950 175,675$ (14.4) ($184,273) ($173,228) ($11,044)
EL PASO MIAMI-YODER 272 3,448,482 2,687,656 760,826$ 298 $3,676,478 $2,822,265 854,213$ 26.4 $227,997 $134,609 $93,387
FREMONT CANON CITY 3,604 30,799,501 22,263,900 8,535,601$ 3,571 $30,445,922 $20,708,300 9,737,622$ (33.2) ($353,579) ($1,555,600) $1,202,021
FREMONT FLORENCE 1,354 11,826,459 8,959,597 2,866,862$ 1,383 $12,166,613 $9,134,289 3,032,324$ 29.3 $340,154 $174,692 $165,462
FREMONT COTOPAXI 207 2,986,238 1,136,852 1,849,386$ 205 $2,982,772 $990,895 1,991,877$ (2.0) ($3,466) ($145,957) $142,491
GARFIELD ROARING FORK 6,268 58,398,546 29,062,763 29,335,782$ 6,179 $58,150,189 $27,888,206 30,261,983$ (88.6) ($248,357) ($1,174,558) $926,201
GARFIELD RIFLE 4,685 40,972,963 36,844,389 4,128,574$ 4,698 $41,005,694 $36,948,460 4,057,234$ 12.4 $32,731 $104,071 ($71,340)
GARFIELD PARACHUTE 1,207 11,715,712 10,139,512 1,576,200$ 1,204 $11,852,109 $10,123,243 1,728,865$ (2.7) $136,397 ($16,269) $152,665
GILPIN GILPIN 445 4,664,971 2,656,835 2,008,136$ 439 $4,662,108 $2,571,403 2,090,705$ (6.0) ($2,863) ($85,432) $82,569
GRAND WEST GRAND 428 4,658,685 2,629,768 2,028,917$ 422 $4,650,492 $2,819,417 1,831,075$ (6.0) ($8,193) $189,648 ($197,842)
GRAND EAST GRAND 1,315 11,791,747 1,301,398 10,490,348$ 1,297 $11,755,861 $442,098 11,313,763$ (17.9) ($35,886) ($859,301) $823,415
GUNNISON GUNNISON 2,047 17,975,510 6,453,307 11,522,203$ 2,047 $18,055,590 $5,223,487 12,832,103$ (0.2) $80,080 ($1,229,820) $1,309,900
HINSDALE HINSDALE 97 1,766,962 730,486 1,036,476$ 75 $1,429,976 $332,458 1,097,518$ (22.2) ($336,986) ($398,028) $61,042
HUERFANO HUERFANO 544 5,433,994 2,695,591 2,738,403$ 520 $5,155,340 $2,160,483 2,994,857$ (23.5) ($278,655) ($535,108) $256,454
HUERFANO LA VETA 237 3,011,307 2,048,568 962,740$ 211 $2,858,982 $1,839,764 1,019,218$ (26.4) ($152,326) ($208,803) $56,478
JACKSON NORTH PARK 161 2,562,674 156,123 2,406,551$ 162 $2,570,458 $356,972 2,213,486$ 0.7 $7,783 $200,849 ($193,066)
JEFFERSON JEFFERSON 81,137 710,597,672 387,985,022 322,612,650$ 81,491 $715,374,992 $371,395,592 343,979,400$ 354.7 $4,777,320 ($16,589,430) $21,366,750
KIOWA EADS 196 2,716,194 2,143,173 573,021$ 192 $2,686,547 $2,105,132 581,415$ (4.4) ($29,646) ($38,041) $8,395
KIOWA PLAINVIEW 50 920,150 539,544 380,606$ 89 $1,459,904 $1,055,717 404,187$ 38.5 $539,754 $516,173 $23,581
KIT CARSON ARRIBA-FLAGLER 151 2,309,506 1,180,971 1,128,535$ 149 $2,247,245 $1,039,633 1,207,612$ (2.1) ($62,261) ($141,338) $79,077
KIT CARSON HI PLAINS 141 2,147,930 1,277,198 870,732$ 145 $2,182,114 $1,305,949 876,165$ 3.5 $34,184 $28,751 $5,433
KIT CARSON STRATTON 212 2,865,015 2,104,234 760,781$ 216 $2,937,296 $2,167,484 769,812$ 4.3 $72,281 $63,250 $9,031
KIT CARSON BETHUNE 112 1,899,897 1,396,498 503,399$ 110 $1,862,344 $1,374,538 487,806$ (1.7) ($37,553) ($21,960) ($15,593)
KIT CARSON BURLINGTON 720 6,666,567 2,764,506 3,902,061$ 716 $6,785,426 $2,835,741 3,949,685$ (3.4) $118,858 $71,235 $47,624
LAKE LAKE 1,020 9,742,365 3,971,769 5,770,596$ 987 $9,440,871 $3,582,400 5,858,471$ (32.7) ($301,494) ($389,369) $87,875
LA PLATA DURANGO 7,110 62,013,028 50,516,695 11,496,333$ 6,139 $53,771,980 $42,392,465 11,379,516$ (971.0) ($8,241,048) ($8,124,230) ($116,818)
LA PLATA BAYFIELD 1,393 12,939,387 10,761,215 2,178,172$ 1,378 $12,848,312 $10,764,889 2,083,422$ (15.2) ($91,076) $3,674 ($94,750)
LA PLATA IGNACIO 824 8,244,039 7,482,357 761,683$ 814 $7,988,726 $7,335,669 653,058$ (9.2) ($255,313) ($146,688) ($108,625)
LARIMER POUDRE 32,623 277,231,463 164,437,581 112,793,882$ 32,636 $278,109,956 $163,351,577 114,758,378$ 12.9 $878,493 ($1,086,003) $1,964,497
LARIMER THOMPSON 15,212 129,320,576 71,309,086 58,011,491$ 15,155 $129,229,365 $67,619,400 61,609,964$ (57.1) ($91,211) ($3,689,685) $3,598,474
Prepared by Legislative Council Staff 5/16/2022 County District
Funded
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CountTotal Program State Share Local Share
Funded
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Count Total Program State Share Local Share
Funded
Pupil
CountTotal Program State Share Local Share
FY 2021-22 Under Current Law FY 2021-22 with HB 22-1186 Change from Current Law
Appendix A
School Finance Funding Comparison with Current Law
FY 2021-22 with House Bill 22-1186
(Total program and state share are after the application of the budget stabilization factor)
LARIMER ESTES PARK 1,051 10,539,931 - 10,539,931$ 1,063 $10,449,936 $0 10,449,936$ 12.6 ($89,994) $0 ($89,994)
LAS ANIMAS TRINIDAD 924 9,206,762 7,276,862 1,929,899$ 925 $9,019,517 $6,978,585 2,040,932$ 0.9 ($187,244) ($298,277) $111,033
LAS ANIMAS PRIMERO 204 2,935,913 2,645,144 290,769$ 220 $3,027,073 $2,765,814 261,259$ 15.7 $91,160 $120,669 ($29,509)
LAS ANIMAS HOEHNE 358 3,915,955 2,472,315 1,443,639$ 351 $3,893,742 $2,400,951 1,492,791$ (6.9) ($22,212) ($71,364) $49,151
LAS ANIMAS AGUILAR 109 1,834,463 1,378,165 456,299$ 108 $1,843,980 $1,344,112 499,868$ (0.7) $9,517 ($34,052) $43,569
LAS ANIMAS BRANSON 560 4,723,011 4,313,683 409,328$ 501 $4,253,169 $3,820,699 432,470$ (59.4) ($469,843) ($492,984) $23,142
LAS ANIMAS KIM 50 849,859 551,833 298,026$ 50 $841,661 $511,199 330,462$ - ($8,198) ($40,634) $32,436
LINCOLN GENOA-HUGO 203 2,865,156 1,566,647 1,298,510$ 198 $2,837,886 $1,530,831 1,307,055$ (4.8) ($27,270) ($35,815) $8,545
LINCOLN LIMON 476 4,727,474 2,646,829 2,080,645$ 474 $4,704,596 $2,455,483 2,249,113$ (1.7) ($22,878) ($191,346) $168,469
LINCOLN KARVAL 50 922,598 718,174 204,424$ 50 $917,271 $714,056 203,215$ - ($5,327) ($4,118) ($1,209)
LOGAN VALLEY 2,115 18,357,051 11,698,085 6,658,966$ 2,066 $18,261,468 $11,399,113 6,862,355$ (49.7) ($95,583) ($298,972) $203,389
LOGAN FRENCHMAN 190 2,733,628 1,489,193 1,244,436$ 206 $2,867,300 $1,454,600 1,412,700$ 15.2 $133,671 ($34,593) $168,264
LOGAN BUFFALO 311 3,626,783 2,787,930 838,853$ 312 $3,669,172 $2,849,634 819,538$ 0.5 $42,389 $61,704 ($19,315)
LOGAN PLATEAU 152 2,375,283 1,121,719 1,253,564$ 153 $2,384,518 $1,163,238 1,221,280$ 0.9 $9,235 $41,518 ($32,283)
MESA DEBEQUE 162 2,483,657 1,366,904 1,116,753$ 164 $2,521,525 $1,627,538 893,986$ 1.7 $37,867 $260,634 ($222,767)
MESA PLATEAU VALLEY 397 4,197,855 2,001,642 2,196,213$ 382 $4,058,705 $2,040,727 2,017,978$ (15.3) ($139,150) $39,085 ($178,234)
MESA MESA VALLEY 22,084 187,738,792 132,978,149 54,760,643$ 21,943 $187,114,065 $127,083,223 60,030,842$ (140.6) ($624,728) ($5,894,927) $5,270,199
MINERAL CREEDE 90 1,592,077 446,191 1,145,886$ 88 $1,585,630 $436,670 1,148,960$ (1.5) ($6,447) ($9,521) $3,074
MOFFAT MOFFAT 2,084 17,743,244 7,876,370 9,866,873$ 2,079 $17,727,988 $7,664,176 10,063,812$ (4.9) ($15,255) ($212,194) $196,939
MONTEZUMA MONTEZUMA 2,710 23,307,292 10,955,586 12,351,706$ 2,697 $23,612,356 $13,057,797 10,554,560$ (13.8) $305,064 $2,102,211 ($1,797,147)
MONTEZUMA DOLORES 664 6,421,918 4,940,999 1,480,919$ 678 $6,444,999 $4,888,619 1,556,380$ 13.9 $23,081 ($52,380) $75,461
MONTEZUMA MANCOS 472 4,688,645 3,777,115 911,531$ 467 $4,742,290 $3,801,937 940,353$ (4.5) $53,644 $24,823 $28,822
MONTROSE MONTROSE 5,927 53,163,633 37,978,538 15,185,095$ 5,884 $52,935,708 $36,145,286 16,790,422$ (42.8) ($227,925) ($1,833,252) $1,605,327
MONTROSE WEST END 254 3,636,303 3,090,621 545,682$ 258 $3,699,966 $3,050,229 649,737$ 3.3 $63,663 ($40,392) $104,055
MORGAN BRUSH 1,408 13,082,026 5,140,823 7,941,204$ 1,412 $13,060,876 $5,196,642 7,864,234$ 3.7 ($21,150) $55,819 ($76,970)
MORGAN FT. MORGAN 3,304 29,340,763 20,180,187 9,160,576$ 3,283 $28,992,435 $19,902,900 9,089,535$ (21.5) ($348,328) ($277,287) ($71,041)
MORGAN WELDON 205 2,987,693 2,059,489 928,204$ 211 $3,042,488 $2,127,670 914,818$ 5.6 $54,795 $68,181 ($13,386)
MORGAN WIGGINS 738 7,026,280 324,274 6,702,007$ 799 $7,564,875 $1,510,902 6,053,973$ 61.0 $538,595 $1,186,628 ($648,033)
OTERO EAST OTERO 1,462 13,759,477 11,393,538 2,365,939$ 1,450 $13,710,026 $11,303,982 2,406,044$ (11.8) ($49,451) ($89,556) $40,104
OTERO ROCKY FORD 790 7,870,494 6,611,985 1,258,510$ 783 $7,878,596 $6,608,960 1,269,637$ (7.5) $8,102 ($3,025) $11,127
OTERO MANZANOLA 168 2,701,829 2,406,799 295,030$ 161 $2,613,668 $2,306,606 307,061$ (6.9) ($88,162) ($100,193) $12,031
OTERO FOWLER 381 4,161,092 3,303,143 857,949$ 382 $4,175,515 $3,306,579 868,936$ 1.0 $14,422 $3,436 $10,987
OTERO CHERAW 221 3,008,983 2,750,665 258,318$ 224 $3,055,719 $2,776,694 279,025$ 3.0 $46,736 $26,029 $20,707
OTERO SWINK 333 3,815,399 3,270,957 544,442$ 332 $3,817,792 $3,272,739 545,053$ (1.6) $2,393 $1,781 $612
OURAY OURAY 173 2,945,364 1,537,000 1,408,364$ 178 $3,005,852 $1,461,862 1,543,989$ 4.6 $60,488 ($75,138) $135,626
OURAY RIDGWAY 333 4,110,303 2,357,679 1,752,624$ 326 $4,063,151 $2,269,979 1,793,172$ (7.4) ($47,152) ($87,701) $40,548
PARK PLATTE CANYON 815 7,889,004 4,080,394 3,808,610$ 817 $7,892,466 $4,127,147 3,765,319$ 2.2 $3,462 $46,753 ($43,291)
PARK PARK 632 6,314,215 342,203 5,972,012$ 614 $6,153,522 $758,026 5,395,496$ (17.4) ($160,693) $415,823 ($576,516)
PHILLIPS HOLYOKE 609 5,951,979 3,590,698 2,361,281$ 603 $5,850,374 $3,448,963 2,401,411$ (6.2) ($101,605) ($141,735) $40,131
PHILLIPS HAXTUN 319 3,517,819 2,501,165 1,016,654$ 320 $3,544,947 $2,458,305 1,086,642$ 1.0 $27,127 ($42,861) $69,988
PITKIN ASPEN 1,645 18,940,537 710,782 18,229,755$ 1,653 $19,184,613 $4,576,675 14,607,938$ 7.8 $244,076 $3,865,893 ($3,621,817)
PROWERS GRANADA 187 2,717,548 2,192,573 524,975$ 187 $2,747,593 $2,227,660 519,933$ (0.1) $30,045 $35,087 ($5,042)
PROWERS LAMAR 1,542 13,869,409 11,771,284 2,098,125$ 1,517 $13,978,372 $11,745,290 2,233,083$ (25.0) $108,963 ($25,995) $134,958
PROWERS HOLLY 285 3,319,219 2,444,134 875,085$ 285 $3,302,998 $2,441,514 861,484$ (0.3) ($16,221) ($2,620) ($13,601)
PROWERS WILEY 249 3,063,745 2,661,929 401,816$ 258 $3,136,691 $2,722,950 413,741$ 8.3 $72,947 $61,021 $11,926
PUEBLO PUEBLO CITY 15,863 145,065,849 113,464,904 31,600,945$ 15,772 $143,984,340 $109,782,108 34,202,232$ (90.6) ($1,081,510) ($3,682,797) $2,601,287
Prepared by Legislative Council Staff 5/16/2022 County District
Funded
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CountTotal Program State Share Local Share
Funded
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Count Total Program State Share Local Share
Funded
Pupil
CountTotal Program State Share Local Share
FY 2021-22 Under Current Law FY 2021-22 with HB 22-1186 Change from Current Law
Appendix A
School Finance Funding Comparison with Current Law
FY 2021-22 with House Bill 22-1186
(Total program and state share are after the application of the budget stabilization factor)
PUEBLO PUEBLO RURAL 10,279 87,302,915 64,015,570 23,287,345$ 10,124 $86,258,782 $61,450,664 24,808,118$ (154.9) ($1,044,133) ($2,564,906) $1,520,773
RIO BLANCO MEEKER 699 6,451,602 3,207,556 3,244,045$ 699 $6,520,759 $3,654,269 2,866,489$ 0.8 $69,157 $446,713 ($377,556)
RIO BLANCO RANGELY 476 4,506,677 3,825,274 681,404$ 477 $4,563,410 $3,779,849 783,560$ 0.7 $56,732 ($45,424) $102,157
RIO GRANDE DEL NORTE 423 4,287,261 2,439,902 1,847,359$ 428 $4,330,052 $2,414,755 1,915,297$ 4.9 $42,791 ($25,146) $67,938
RIO GRANDE MONTE VISTA 1,174 10,817,398 8,931,293 1,886,106$ 1,092 $10,089,437 $8,068,481 2,020,955$ (82.1) ($727,962) ($862,811) $134,850
RIO GRANDE SARGENT 376 4,022,268 2,644,716 1,377,552$ 361 $3,895,078 $2,514,463 1,380,616$ (15.0) ($127,190) ($130,253) $3,063
ROUTT HAYDEN 392 4,469,962 1,511,267 2,958,696$ 406 $4,518,688 $1,489,479 3,029,208$ 13.9 $48,725 ($21,787) $70,512
ROUTT STEAMBOAT SPRINGS 2,972 26,397,781 15,686,463 10,711,318$ 2,759 $24,420,322 $14,235,309 10,185,013$ (213.2) ($1,977,459) ($1,451,154) ($526,305)
ROUTT SOUTH ROUTT 305 3,828,626 1,709,480 2,119,146$ 312 $3,931,899 $1,737,309 2,194,590$ 7.5 $103,274 $27,830 $75,444
SAGUACHE MOUNTAIN VALLEY 155 2,414,835 1,778,333 636,502$ 161 $2,481,549 $1,782,886 698,663$ 6.6 $66,715 $4,553 $62,162
SAGUACHE MOFFAT 224 3,469,490 2,718,048 751,441$ 227 $3,523,452 $2,549,309 974,144$ 3.5 $53,963 ($168,740) $222,702
SAGUACHE CENTER 613 6,328,394 5,253,646 1,074,748$ 622 $6,478,536 $5,245,947 1,232,588$ 9.6 $150,142 ($7,699) $157,841
SAN JUAN SILVERTON 82 1,545,593 970,311 575,282$ 86 $1,585,500 $904,146 681,353$ 4.2 $39,906 ($66,165) $106,071
SAN MIGUEL TELLURIDE 905 10,766,232 4,292,480 6,473,751$ 905 $10,911,448 $4,298,006 6,613,442$ 0.7 $145,216 $5,526 $139,691
SAN MIGUEL NORWOOD 190 2,940,927 2,694,792 246,135$ 191 $2,983,157 $2,713,561 269,597$ 1.8 $42,230 $18,768 $23,462
SEDGWICK JULESBURG 1,001 8,762,471 7,755,879 1,006,592$ 789 $6,950,163 $5,968,758 981,405$ (212.1) ($1,812,308) ($1,787,122) ($25,187)
SEDGWICK PLATTE VALLEY 143 2,245,398 1,537,445 707,953$ 143 $2,263,723 $1,520,574 743,149$ (0.4) $18,325 ($16,871) $35,196
SUMMIT SUMMIT 3,466 32,659,378 2,680,829 29,978,548$ 3,541 $33,391,739 $5,797,870 27,593,869$ 74.8 $732,362 $3,117,041 ($2,384,680)
TELLER CRIPPLE CREEK 341 3,893,321 499,574 3,393,747$ 347 $3,986,190 $0 3,986,190$ 5.9 $92,870 ($499,574) $592,444
TELLER WOODLAND PARK 2,161 18,712,724 10,372,997 8,339,727$ 2,106 $18,268,163 $9,600,043 8,668,119$ (54.4) ($444,561) ($772,954) $328,393
WASHINGTON AKRON 403 4,307,689 3,019,514 1,288,175$ 416 $4,388,073 $3,044,642 1,343,432$ 13.0 $80,384 $25,128 $55,257
WASHINGTON ARICKAREE 102 1,768,556 1,181,756 586,800$ 101 $1,754,116 $1,211,858 542,258$ (0.2) ($14,440) $30,102 ($44,542)
WASHINGTON OTIS 221 3,060,175 2,440,652 619,522$ 218 $3,059,032 $2,461,859 597,173$ (2.9) ($1,143) $21,206 ($22,349)
WASHINGTON LONE STAR 133 2,195,260 1,680,935 514,325$ 132 $2,142,250 $1,570,446 571,804$ (1.0) ($53,011) ($110,489) $57,478
WASHINGTON WOODLIN 86 1,525,728 485,855 1,039,873$ 84 $1,458,038 $504,875 953,163$ (2.0) ($67,690) $19,020 ($86,711)
WELD GILCREST 1,907 17,164,439 9,556,765 7,607,674$ 1,870 $16,616,616 $9,016,562 7,600,053$ (37.2) ($547,823) ($540,203) ($7,620)
WELD EATON 2,088 17,774,798 5,730,475 12,044,323$ 2,050 $17,607,254 $5,408,248 12,199,006$ (38.5) ($167,544) ($322,226) $154,683
WELD KEENESBURG 2,577 22,499,667 2,409,392 20,090,276$ 2,574 $22,259,387 $7,436,934 14,822,453$ (3.0) ($240,280) $5,027,543 ($5,267,822)
WELD WINDSOR 7,630 64,868,416 30,062,353 34,806,062$ 7,929 $67,615,191 $33,885,113 33,730,077$ 298.9 $2,746,775 $3,822,760 ($1,075,985)
WELD JOHNSTOWN 3,862 32,833,360 22,827,725 10,005,635$ 3,767 $32,123,398 $22,498,534 9,624,864$ (95.0) ($709,962) ($329,191) ($380,771)
WELD GREELEY 22,333 201,297,424 140,914,563 60,382,861$ 22,681 $205,106,026 $148,094,253 57,011,773$ 347.9 $3,808,602 $7,179,691 ($3,371,089)
WELD PLATTE VALLEY 1,123 10,285,369 1,358,344 8,927,025$ 1,127 $10,393,576 $2,002,905 8,390,672$ 3.9 $108,207 $644,561 ($536,354)
WELD FT. LUPTON 2,248 20,838,937 6,258,648 14,580,289$ 2,365 $21,487,625 $7,476,538 14,011,088$ 117.0 $648,688 $1,217,890 ($569,202)
WELD AULT-HIGHLAND 962 8,934,044 3,839,126 5,094,918$ 1,042 $9,396,456 $3,399,691 5,996,766$ 80.0 $462,413 ($439,435) $901,848
WELD BRIGGSDALE 177 2,651,698 1,136,146 1,515,553$ 183 $2,727,666 $1,000,307 1,727,359$ 5.9 $75,967 ($135,839) $211,806
WELD PRAIRIE 212 2,925,216 1,679,893 1,245,323$ 204 $2,874,802 $1,629,071 1,245,731$ (7.6) ($50,414) ($50,822) $408
WELD PAWNEE 70 1,367,091 - 1,367,091$ 70 $1,373,374 $0 1,373,374$ 0.6 $6,283 $0 $6,283
YUMA YUMA 1 862 8,671,119 6,220,386 2,450,733$ 854 $8,673,077 $6,058,723 2,614,353$ (7.9) $1,958 ($161,662) $163,620
YUMA WRAY RD-2 724 6,947,673 5,125,945 1,821,728$ 721 $7,045,639 $5,079,709 1,965,930$ (2.8) $97,966 ($46,235) $144,202
YUMA IDALIA RJ-3 193 2,887,209 2,428,686 458,523$ 191 $2,863,663 $2,406,020 457,644$ (2.2) ($23,545) ($22,666) ($880)
YUMA LIBERTY J-4 61 1,171,847 756,444 415,403$ 58 $1,126,442 $708,606 417,836$ (2.6) ($45,405) ($47,838) $2,433
STATE TOTAL 888,556 $7,989,164,3504,848,537,248 3,140,627,102$ 886,249 $7,989,164,350$4,708,971,499$3,280,192,851 (2,308) ($0)($139,565,749)$139,565,749
Source: Legislative Council Staff
Prepared by Legislative Council Staff 5/16/2022