RESOLUTION OF THE BOARD OF EDUCATION OF THE
WRAY SCHOOL DISTRICT RD-2 SCHOOL DISTRICT
Restoring the Negative Factor Before Providing TABOR Refunds as a Statewide Priority
WHEREAS, since 1994 Colorado’s school finance formula has included both a base amount of per pupil funding and an additional amount based on “factors” to account for unique local conditions and equalize total per pupil funding across school districts; and
WHEREAS, in November 2000 Colorado’s voters approved Amendment 23, which requires funding the base and factors at growth plus inflation on a yearly basis; and
WHEREAS, starting in fiscal year 2010–11, the legislature added a new “negative factor” to the public school finance formula to make across-the-board cuts to education spending which have reduced funding to school districts by over $1billion annually; and
WHEREAS, the “negative factor” clearly violates the voter intent of Amendment 23; and
WHEREAS, with the improved economic condition of the state is now leading to increased tax revenues causing there to be much discussion at the state level that Colorado’s state government will soon be in violation of the TABOR Amendment and will thereby be required to refund tax payments to taxpayers; and
WHEREAS, Amendment 23 was passed by voters in Colorado just like the TABOR Amendment was, and so must be complied with;
NOW, THEREFORE BE IT RESOLVED that the Board of Education of the Wray School District RD-2 hereby urges the State Legislature, Governor, and Treasurer to honor the intent and language of Amendment 23 by prioritizing the reduction of the Negative Factor ahead of any TABOR refunds and to leave decisions regarding how those funds returned to school districts are spent to locally elected school boards.
Approved by the Board on the 23th day of January, 2015. Signed by the Board on the 2nd day of March, 2015.