Colorado’s School Funding Plan: Big Numbers, Small Impact?
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Colorado's $195M School Funding Boost: A Closer Look at the Fine Print
The Numbers Behind the Increase
Colorado lawmakers have approved a significant boost to K-12 education funding—$195 million more next year, raising per-student spending to $12,000+ per child, a $440 increase. But is this enough?
The Rural Divide: Shrinking Enrollment, Shrinking Funds
While urban districts may benefit, rural schools face a harsh reality. With fewer students comes less funding, even with the raise. Eagle County, for example, expects $60,000 less than last year—already forcing cuts to teaching jobs and programs just to keep up with rising costs.
The Budget Stabilization Factor: A Legacy of Underfunding
For years, Colorado has shortchanged schools through budget maneuvers like the "budget stabilization factor," which drained $10 billion from school funds. A 2023 study found schools need $3.5 billion more just to meet basic needs.
A Change in Student Counting: A Double-Edged Sword
Lawmakers are shifting from a four-year average to a three-year average for student counts—meaning recent enrollment drops will hit funding harder, leaving some districts in an even tighter spot.
The Temporary Fix vs. The Real Need
Some districts, like Roaring Fork, will see $1.5 million more next year—but that’s barely enough. Superintendent Anna Cole calls it temporary relief, not a solution. A 2023 study shows her district is $18 million short annually—a gap the state hasn’t addressed.
Salaries & Benefits: The Unstoppable Cost Squeeze
In Garfield Re-2, most of the funding boost will go toward salary and benefit increases. A 2% pay raise will consume 90% of their new funding. The superintendent admits Colorado still ranks near the bottom nationwide for school spending.
"It’s good they’re trying, but inflation is eating everything up."
The Bottom Line
While the $195M increase is a step forward, rising costs, shrinking enrollment, and past underfunding mean many schools are still fighting to stay afloat. The question remains: Is this enough?