Gov. Jared Polis signs major school funding bill that prioritizes money for rural, low-income districts

English teacher Amber Wilson, left, explains an essay for the final exam of semester to Ada Niu, 15, right, and 11th grade students at Thomas Jefferson High School in Denver on May 2. On Thursday, Gov. Jared Polis signed a bill that will significantly alter how K-12 schools receive funding in Colorado. Thursday, changing the formula that funds the state’s public schools for the first time in decades and providing more than $80 million to districts in the next year.

Rep. Jennifer Bacon and Sen. Rachel Zenzinger, who like McCluskie are Democrats, joined her and Republican Sen. Paul Lundeen, that chamber’s minority leader, in sponsoring the bill.. The state uses a complicated formula to determine how much each district needs, what the local funding share should be per district and the necessary amount of state aid to fill the remaining gap.Most of the local money comes from property taxes, and most of the state money comes from its general fund.

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