ColoradoHB26-11742026 Regular SessionHouse

School Finance Mid-Year Adjustments

Sponsored By: Barbara Kirkmeyer (Republican), Judy Amabile (Democratic), Kyle Brown (Democratic), Rick Taggart (Republican)

Signed by Governor

Education & School Finance (Pre & K-12)

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

Lower funding floor for Colorado schools

For 2025–26 only, Colorado lowers its statewide school funding floor from about $10.032 billion to $9.998 billion, including institute charter schools. The state share decreases by $103.47 million; the local share increases by $69.92 million because tax receipts exceeded forecasts. The law does not raise tax rates or create a new tax. The Department of Education and Legislative Council staff must recalculate funding mid-year using actual prior-year data. This includes funded pupil counts, at-risk pupil counts, assessed property values, and specific ownership tax revenue. They must adjust statewide and district amounts as needed to meet the statewide floor.

Funding protections for Colorado school districts

For 2025–26 only, each district gets the higher of its 2024–25 funding or its old-formula amount plus a transition increase. That increase equals 15% of the difference when the new formula gives more than the old formula. When the new formula gives less, the district gets the higher of its 2024–25 funding or its old-formula amount. These rules protect district funding baselines, but the law does not state how much money they protect.

Sponsors & Cosponsors

Sponsors

  • Barbara Kirkmeyer

    Republican • Senate

  • Judy Amabile

    Democratic • Senate

  • Kyle Brown

    Democratic • House

  • Rick Taggart

    Republican • House

Cosponsors

  • Chad Clifford

    Democratic • House

  • Julie McCluskie

    Democratic • House

  • Monica Duran

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 103 • No: 10

Senate vote • 2/20/2026

Third reading: Bill

Yes: 32 • No: 1

Senate vote • 2/18/2026

Refer House Bill 26-1174 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.

Yes: 7 • No: 0

House vote • 2/12/2026

Third reading: Bill

Yes: 54 • No: 8

House vote • 2/10/2026

Refer House Bill 26-1174 to the Committee of the Whole.

Yes: 10 • No: 1

Actions Timeline

  1. Governor Signed

    3/26/2026House
  2. Signed by the President of the Senate

    3/17/2026Senate
  3. Sent to the Governor

    3/17/2026House
  4. Signed by the Speaker of the House

    3/16/2026House
  5. Senate Third Reading Passed - No Amendments

    2/20/2026Senate
  6. Senate Second Reading Special Order - Passed - No Amendments

    2/19/2026Senate
  7. Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole

    2/18/2026Senate
  8. Introduced In Senate - Assigned to Appropriations

    2/17/2026Senate
  9. House Third Reading Passed - No Amendments

    2/12/2026House
  10. House Second Reading Special Order - Passed - No Amendments

    2/11/2026House
  11. House Committee on Appropriations Refer Unamended to House Committee of the Whole

    2/10/2026House
  12. Introduced In House - Assigned to Appropriations

    2/6/2026House

Bill Text

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