If Colorado is to have a substantive public discourse about how to improve educational outcomes, there needs to be a common understanding of how K-12 public education is funded in the state. This study analyzes statewide and regional trends in K-12 revenues and spending over the past decade to help ground conversations in facts.
The federal government has sent over $2.5 billion to Colorado’s K-12 education system since the COVID-19 pandemic hit in March 2020. Common Sense Institute analyzes where these funds have been spent and how they compare to current budgets.
The current education funding system is laden with problems and inefficiencies that hinder schools from functioning at their highest levels. Increasing revenues without addressing the severe flaws in how the state allocates those revenues, as HB21-1164 does, is a missed opportunity to improve student outcomes.
The costs for Colorado residents to obtain a degree at a university or college within the state is only getting more expensive, as tuition and fees have far outpaced inflation and most other consumer items.