SENATE BILL 25-223
BY SENATOR(S) Kirkmeyer and Amabile, Bridges;
also REPRESENTATIVE(S) Sirota and Bird, Taggart, Garcia, Hamrick,
Phillips, Rutinel, Smith, Story.
C
ONCERNING MEASURES TO CALCULATE MILL LEVY EQUALIZATION TO
DETERMINE THE DISTRIBUTION OF MILL LEVY EQUALIZATION FUNDING
TO INSTITUTE CHARTER SCHOOLS
, AND, IN CONNECTION THEREWITH,
REDUCING AN APPROPRIATION.
Be it enacted by the General Assembly of the State of Colorado:
SECTION 1. In Colorado Revised Statutes, 22-30.5-513.1, amend
(2)(b); and add (2)(c) and (2)(d) as follows:
22-30.5-513.1. Mill levy equalization - legislative declaration -
definitions. (2) (b) S
UBJECT TO ANNUAL APPROPRIATION , the institute shall
annually distribute the money appropriated for full mill levy equalization
pursuant to subsection (2)(a.5)(I) of this section to the institute charter
schools on an equal per-pupil basis,
EXCLUDING PUPILS ENROLLED IN
MULTI
-DISTRICT ONLINE SCHOOLS, AS DEFINED IN SECTION 22-30.7-102,
THAT ARE AUTHORIZED BY THE INSTITUTE ; except that, in any budget year,
an institute charter school must not receive a per pupil amount that is
greater than the total amount of additional mill levy revenue, as defined in
NOTE: This bill has been prepared for the signatures of the appropriate legislative
officers and the Governor. To determine whether the Governor has signed the bill
or taken other action on it, please consult the legislative status sheet, the legislative
history, or the Session Laws.
________
Capital letters or bold & italic numbers indicate new material added to existing law; dashes
through words or numbers indicate deletions from existing law and such material is not part of
the act. section 22-32-108.5, that the accounting district for the institute charter
school is authorized to collect, divided by the funded pupil count, as
determined pursuant to article 54 of this title 22, of the accounting district
for the applicable budget year. The money distributed pursuant to this
section is in addition to money distributed to institute charter schools
pursuant to section 22-30.5-513.
(c) N
OTWITHSTANDING ANY PROVISION OF THIS SECTION TO THE
CONTRARY
, BEGINNING WITH THE 2025-26 BUDGET YEAR, AND EACH BUDGET
YEAR THEREAFTER
, THE INSTITUTE SHALL NOT DISTRIBUTE A PORTION OF THE
FUNDS APPROPRIATED PURSUANT TO THIS SECTION TO A MULTI
-DISTRICT
ONLINE SCHOOL
, AS DEFINED IN SECTION 22-30.7-102, THAT IS AUTHORIZED
BY THE INSTITUTE
.
(d) B
EGINNING IN THE 2024-25 BUDGET YEAR, IF AN INSTITUTE
CHARTER SCHOOL WITHIN THE GEOGRAPHIC BOUNDARY OF A SCHOOL
DISTRICT RECEIVES ADDITIONAL MILL LEVY REVENUE FROM THE SCHOOL
DISTRICT
, THE GENERAL ASSEMBLY SHALL DEDUCT THE ADDITIONAL MILL
LEVY REVENUE FROM THE AMOUNT NECESSARY TO FULLY FUND MILL LEVY
EQUALIZATION
.
SECTION 2. Appropriation - adjustments to 2025 long bill. To
implement this act, the cash funds appropriation from the state education
fund created in section 17 (4)(a) of article IX of the state constitution made
in the annual general appropriation act for the 2025-26 state fiscal year to
the department of education for use by the charter school institute for CSI
mill levy equalization is decreased by $1,008,494.
SECTION 3. Safety clause. The general assembly finds,
determines, and declares that this act is necessary for the immediate
preservation of the public peace, health, or safety or for appropriations for
PAGE 2-SENATE BILL 25-223 the support and maintenance of the departments of the state and state
institutions.
____________________________ ____________________________
James Rashad Coleman, Sr. Julie McCluskie
PRESIDENT OF SPEAKER OF THE HOUSE
THE SENATE OF REPRESENTATIVES
____________________________ ____________________________
Esther van Mourik Vanessa Reilly
SECRETARY OF CHIEF CLERK OF THE HOUSE
THE SENATE OF REPRESENTATIVES
APPROVED________________________________________
(Date and Time)
_________________________________________
Jared S. Polis
GOVERNOR OF THE STATE OF COLORADO
PAGE 3-SENATE BILL 25-223