Untitled‎ > ‎

Restoring the Negative Factor Before Providing TABOR Refunds as a Statewide Priority

posted Feb 26, 2015, 2:28 PM by Ginger Williams   [ updated Mar 3, 2015, 9:26 AM ]

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.

Ċ
Ginger Williams,
Mar 3, 2015, 9:26 AM
Comments