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August 5, 2022 SB 22-165
Legislative Council Staff
Nonpartisan Services for Colorado’s Legislature
Final Fiscal Note
Drafting Number:
Prime Sponsors:
LLS 22-0911
Sen. Bridges
Rep. Lindsay; Geitner
Date:
Bill Status:
Fiscal Analyst:
August 5, 2022
Signed into Law
Josh Abram | 303-866-3561
Josh.Abram@state.co.us
Bill Topic: COLORADO CAREER ADVISOR TRAINING PROGRAM
Summary of
Fiscal Impact:
☐ State Revenue
☒ State Expenditure
☐ State Transfer
☐ TABOR Refund
☐ Local Government
☒ School District
The bill creates the Colorado Career Advisor Training Program in the Colorado
Department of Education to provide training programs and courses for career advisors
to develop the skills necessary to assist individuals toward meaningful careers. The
bill increases state expenditures beginning FY 2022-23, which are assumed to
continue in future years.
Appropriation
Summary:
For FY 2022-23, the bill includes an appropriation of $1.0 million to the Colorado
Department of Education.
Fiscal Note
Status:
The fiscal note reflects the enacted bill.
Table 1
State Fiscal Impacts Under SB22-165
Budget Year
FY 2022-23
Out Year
FY 2023-24
Revenue - -
Expenditures General Fund $1,000,000 $1,000,000
Transfers - -
Other Budget Impacts General Fund Reserve $150,000 $150,000
.
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August 5, 2022 SB 22-165
Summary of Legislation
The bill creates the Colorado Career Advisor Training Program in the Colorado Department of
Education (CDE) to provide training and courses for career advisors to improve skills necessary to
assist individuals toward meaningful careers. The CDE must administer the program and select
entities to receive grants and the amount of each award. The CDE must also monitor the effectiveness
of programs receiving grant funds. The bill requires that the General Assembly appropriate
$1.0 million from the General Fund for the program in FY 2022-23.
State Expenditures
The bill increases state expenditures in the CDE by $1.0 million per year beginning in FY 2022-23, paid
from the continuously appropriated Colorado Career Advisor Training Program Cash Fund. The
department will contract with an organization to modify existing content and conduct trainings at a
cost of $25,000. The remaining $975,000 is available for career advisor grants.
Other Budget Impacts
General Fund reserve. Under current law, an amount equal to 15 percent of General Fund
appropriations must be set aside in the General Fund statutory reserve beginning in FY 2022-23. Based
on this fiscal note, the bill is expected to increase the amount of General Fund held in reserve by
$150,000 in both FY 2022-23 and FY 2023-24, which will decrease the amount of General Fund available
for other purposes.
School District
School districts will have increased revenue and workload to participate in the grant program.
Effective Date
The bill was signed into law by the Governor and took effect June 3, 2022.
State Appropriations
For FY 2022-23, the bill includes an appropriation of $1,000,000 from the General Fund to CDE.
State and Local Government Contacts
Education
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.