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CO SB221
Bill
AI Summary
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School districts must report the total dollar amount of additional mill levy revenue distributed to institute charter schools within their geographic boundaries, beginning in the 2025-26 budget year
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Amends existing reporting requirements under Colorado Revised Statutes section 22-2-113.8 regarding additional local property tax revenues
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Existing requirement continues: districts report additional local property tax revenues collected beyond the total program mill levy and amounts distributed directly to district schools
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Excludes certain revenues from reporting, including amounts authorized under sections related to bonds (22-40-110) and specific articles 42 and 43 of Title 22
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Includes a safety clause declaring the act necessary for immediate preservation of public peace, health, or safety
Legislative Description
School District Reporting Additional Mill Levy Revenue
Education & School Finance (Pre & K-12)
Last Action
Governor Signed
4/28/2025