CO HB1183

Creates a pilot program allowing school districts and charter schools to collect data on alternative school funding models while continuing to receive actual funding under the existing Public School Finance Act of 1994.

Participating schools must collect data for at least two budget years showing how an alternative funding model would affect their finances compared to current per-pupil funding, then submit findings to an advisory council by September 1 annually.

Schools may propose alternative models addressing high-needs students, gifted and talented students, online program students, dropout recovery students, dual-enrolled high school and college students, and achievement-based rather than attendance-based funding.

Establishes an 11-member Advisory Council (appointed by July 1, 2010) consisting of four legislators, state board members, representatives from teachers, school boards, and school executives, plus the Commissioner of Education.

Article repeals effective July 1, 2015; advisory council must submit annual summary reports to state board, governor, and legislature education committees by January 15 each year through 2015.