School-Finance Bill Gets Airing in Colo. Legislature

Harp, Lonnie
November 1991
Education Week;11/13/1991, Vol. 11 Issue 11, p16
The article reports on the attempt of the lawmakers to approve a compromise school-finance bill that would complete the long-running attempt to solve funding problems in Colorado. The school-finance bill cleared the Senate and the House Finance Committee which was worked out between leaders of the Republican-majority legislature and the Democratic Governor Roy Romer. In the bill, districts are allowed to freeze local property-tax revenues rather than continuing a rollback and it differs from previous bills by including a higher inflation factor and by requiring wealthy school districts to rely on local funding as the state attempts to shore up a shortfall in its school-finance program without raising taxes.


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