HB 12-1201 Summary

• Adjusts total program funding for Colorado public schools in the 2011-12 budget year based on actual pupil enrollment and at-risk student counts being higher than originally anticipated.

• Increases the minimum total program funding for all districts and institute charter schools after application of the negative factor from $5,210,795,823 to $5,229,560,346 for the 2011-12 budget year.

• Establishes the same minimum funding floor of $5,229,560,346 for the 2012-13 budget year and requires mid-year revisions using actual enrollment, assessed valuations, and tax revenues to maintain funding consistency.

• Increases state education fund appropriation for districts' total program funding by $17,954,366 and decreases hold-harmless full-day kindergarten funding appropriation by $285,040 for fiscal year 2011-12.

• Declares the bill necessary for immediate preservation of public peace, health, and safety.