Colorado sets next year’s K-12 education funding at more than $10 billion

Boulder Valley school board hears budget update as teacher salary negotiations continue

With state funding set after Colorado’s new School Finance Act was recently signed into law, the Boulder Valley school board heard a budget update Tuesday that proposes a smaller than typical cost-of-living raise of 0.6%. District officials point to a new state funding formula and declining enrollment as the main reasons for a tighter budget for the coming year. And while the proposed budget includes additional money for compensation, the distri…

Colorado sets next year’s K-12 education funding at more than $10 billion

Colorado will spend more than $10 billion on K-12 public schools during the 2025-26 fiscal year after Gov. Jared Polis signed the state’s new School Finance Act.  Individual school districts will receive the same or more money than they did this year. The state’s $1.2 billion shortfall put a wrench in legislators’ plan to use a new funding formula they created for schools last year, which was supposed to put $500 million more toward K-12 educati…