HB 24-1183 Summary

• Appropriates $7,009,724,442 total to the Colorado Department of Education for fiscal year 2023-24, with $3,332,189,032 from the General Fund and $1,366,593,191 from cash funds.

• Increases funding for the State Share of Districts' Total Program Funding by $4,653,150 to support public school operations and student programs.

• Allocates $2,800,000 additional funding for public school capital construction assistance, including lease payments and cash grants to school districts.

• Increases funding for early literacy programs by approximately $1,500,000 and provides supplemental funding for educator recruitment and retention programs.

• Amends prior appropriation bills to increase funding for public school finance administration by $2,800,000 and carries forward $50,000 in unexpended funds to the 2024-25 fiscal year.