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School Finance Mid-Year Adjustments

Concerning adjustments to school funding for the 2025-26 budget year, and, in connection therewith, reducing an appropriation.

HB26-1174 2026 Regular Session Signed into Law Education & School Finance (Pre & K-12)

Cost estimates

At the first note read
$0
FACT February 9, 2026
At the last note read
$0
FACT June 15, 2026
What it actually cost
not published
No Colorado source reports spending for one bill

Every figure here is an estimate by Legislative Council Staff on the date shown, about the version of the bill in front of them that day. It is not a cost.

The appropriation

The bill carries its own money. A note saying a bill “requires and includes” an appropriation means the money is in the bill itself.

An appropriation is money the legislature sets aside. It is not money spent.

The appropriation field, read from the note: For the current FY 2025-26, the bill requires and includes a $103,472,508 decrease in appropriations to the Colorado Department of Education.

Bill summary

     Compared to what was anticipated when appropriations were established in the 2025 regular legislative session for the 2025-26 budget year, the general assembly finds that for the 2025-26 budget year the actual funded pupil count and the at-risk pupil count are lower than anticipated; the local share of total program funding is higher than anticipated; and therefore, the general assembly intends to decrease the state share of districts' total program funding by $103,472,508 for the 2025-26 budget year.

     Under current law, there are 2 total program formulas to finance public schools, commonly referred to as the old formula and the new formula. For the 2025-26 budget year, a district's total program is the greater of:

  • The district's total program amount for the 2024-25 budget year; or
  • The amount calculated for the 2025-26 budget year under the old formula plus an amount equal to 15% of the difference between the amounts calculated between the old formula and the new formula.

     The act clarifies that for the 2025-26 budget year, if the calculation under the new formula is less than the calculation under the old formula, then that district's total program for the 2025-26 budget year is the greater of:

  • The district's total program amount for the 2024-25 budget year; or
  • The amount calculated for the 2025-26 budget year under the old formula.

     The act reduces appropriations to the department of education for the 2025-26 budget year by $103,472,508.

FACT Bill summary by Colorado Legislative Council Staff, read 2026-09-23. Printed as published, word for word. Source: leg.colorado.gov (opens in a new tab)