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ColoradoHB26-11742026 Regular SessionHouseWALLET

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.

K-12 funding floors and mid-year fixes

For 2025-26, the statewide total of district funding must be at least $9.998 billion. The state updates budgets mid-year using actual student counts, assessed values, and prior-year specific ownership tax. If a district’s new formula gives less than the old formula, the district gets the higher of its 2024-25 amount or the old 2025-26 amount. These rules help prevent sudden funding drops for districts this year.

Lower state K-12 funding in 2025-26

For the year starting July 1, 2025, the state share of districts’ total program is $5,363,929,334, down from $5,463,908,610. The Department of Education’s Part IV total is $7,652,531,155, down from $7,756,003,663. Of the state share, the State Education Fund provides $904,575,541, down from $1,004,554,817. Districts get less state money and rely more on local revenue in 2025-26.

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

No roll call votes available for this bill.

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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