House Bill 18-1379 Summary

• Sets statewide base per-pupil funding at $6,768.77 ($6,546.20 base plus $222.57 inflation adjustment) for the 2018-19 budget year.

• Establishes minimum total program funding of $7,088,776,230 for all districts and charter schools in 2018-19 after budget stabilization factor application, with requirement that 2019-20 variance not exceed 2018-19 variance.

• Appropriates $30 million for additional rural school funding in 2018-19, distributing 55% to large rural districts and 45% to small rural districts, with restrictions on use for nonrecurring educational expenses.

• Increases Colorado preschool program enrollment by 1,000 children for 2018-19 and thereafter, to total of 29,360 annually.

• Appropriates total of $380,586,911 for 2018-19 from general fund and state education fund for district total program funding, rural school funding, kindergarten funding, and preschool program expansion.