House Speaker Julie McCluskie’s proposal got a unanimous committee vote and vocal support, but questions remain about how the new formula will hold up in the long term.
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State lawmakers have been wrangling for weeks over how to implement a new school funding formula, the first in three decades and passed by lawmakers last year, without breaking the bank.
The turmoil over school funding this late in the legislative session has ramped up the frustration felt by Democrats and Republicans alike over the yearly herculean task of trying to fund K-12 schools. And adhere to what the state constitution requires within revenue caps set by TABOR or the Taxpayer Bill of Rights. Already, schools are underfunded by $4 billion, according to two adequacy studies.
