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HB 1174 CO
Became Law

School Finance Mid-Year Adjustments

CO · session 2026A · Assembly / House · bill

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Introduced Feb 6, 2026

Latest action (Mar 26, 2026) Introduced In House - Assigned to Appropriations

Summary

Compared to what was anticipated when appropriations were established in the 2025 regular legislative session for the 2025-26 budget year, the general assembly finds that for the 2025-26 budget year the actual funded pupil count and the at-risk pupil count are lower than anticipated; the local share of total program funding is higher than anticipated; and therefore, the general assembly intends to decrease the state share of districts' total program funding by $103,472,508 for the 2025-26 budget year.     Under current law, there are 2 total program formulas to finance public schools, commonly referred to as the old formula and the new formula. For the 2025-26 budget year, a district's total program is the greater of:The district's total program amount for the 2024-25 budget year; orThe amount calculated for the 2025-26 budget year under the old formula plus an amount equal to 15% of the difference between the amounts calculated between the old formula and the new formula.     The act clarifies that for the 2025-26 budget year, if the calculation under the new formula is less than the calculation under the old formula, then that district's total program for the 2025-26 budget year is the greater of:The district's total program amount for the 2024-25 budget year; orThe amount calculated for the 2025-26 budget year under the old formula.     The act reduces appropriations to the department of education for the 2025-26 budget year by $103,472,508.(Note: This summary applies to this bill as enacted.)

Sponsors (6)

3 coauthors / cosponsors

Action history (12)

  1. Mar 26, 2026 Governor Signed · executive
  2. Mar 17, 2026 Sent to the Governor · executive
  3. Mar 17, 2026 Signed by the President of the Senate · upper
  4. Mar 16, 2026 Signed by the Speaker of the House · lower
  5. Feb 20, 2026 Senate Third Reading Passed - No Amendments · upper
  6. Feb 19, 2026 Senate Second Reading Special Order - Passed - No Amendments · upper
  7. Feb 18, 2026 Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole · upper
  8. Feb 17, 2026 Introduced In Senate - Assigned to Appropriations · upper
  9. Feb 12, 2026 House Third Reading Passed - No Amendments · lower
  10. Feb 11, 2026 House Second Reading Special Order - Passed - No Amendments · lower
  11. Feb 10, 2026 House Committee on Appropriations Refer Unamended to House Committee of the Whole · lower
  12. Feb 6, 2026 Introduced In House - Assigned to Appropriations · lower
Subjects
Education & School Finance (Pre & K-12)

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