SB 25-218 Fiscal Note Legislative Council Staff Nonpartisan Services for Colorado’s Legislature SB 25-218: PERMISSIBLE USES OF SCH TRANSFORMATION GRANTS Prime Sponsors: Sen. Amabile; Bridges Rep. Sirota; Bird Published for: Senate Appropriations Drafting number: LLS 25-0940 Fiscal Analyst: Josh Abram, 303-866-3561 josh.abram@coleg.gov Version: Initial Fiscal Note Date: March 31, 2025 Fiscal note status: The fiscal note reflects the introduced bill, which is recommended by the Joint Budget Committee as part of the 2025 Long Bill package. Summary Information Overview. The bill expands allowable uses of the appropriation for the School Transformation Grant Program in the Colorado Department of Education. Types of impacts. The bill is projected to affect the following areas on an ongoing basis: Minimal State Workload Appropriations. No appropriation is required. Table 1 State Fiscal Impacts Type of Impact Budget Year FY 2025-26 Out Year FY 2026-27 State Revenue $0 $0 State Expenditures $0 $0 Transferred Funds $0 $0 Change in TABOR Refunds $0 $0 Change in State FTE 0.0 FTE 0.0 FTE Page 2 March 31, 2025 SB 25-218 Summary of Legislation The bill allows the Colorado Department of Education (CDE) to spend a portion of the annual appropriation for the School Transformation Grant Program to: offset the direct and indirect costs of administering the program; and, enter into one or more contracts with a public or private entity to provide turnaround assistance to school districts or charter schools. State Expenditures The bill expands the allowable uses of money appropriated for the School Transformation Grant Program. The CDE may use a portion of the appropriation for their administrative expenses and for contracting with entities providing turnaround services to districts and schools; however, the bill does not change the total amount of state expenditures for the program. Effective Date The bill takes effect upon signature of the Governor, or upon becoming law without his signature. State and Local Government Contacts Joint Budget Committee Staff 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 the General Assembly website.