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SB 25-153

signed

Public School Financial Reporting Requirements

Plain-English Summary

AI-generated

Senate Bill 25-153 requires Colorado school districts to publicly report more detailed financial information online starting July 1, 2027. This includes additional details on marketing, student recruitment, lobbying activities, contractor payments, and revenue sources for both the district and its traditional public schools. The bill affects all school districts in Colorado and aims to provide greater transparency about how educational funds are being used. Since it has been signed into law, these new reporting requirements will go into effect as scheduled.

Official Summary

Under current law, the state charter school institute and each school district, board of cooperative services, and charter school is required to publicly report certain financial information online. The bill requires a school district to report all information for itself and for each of its traditional public schools beginning July 1, 2027. Each report must include additional information concerning actual marketing, student recruitment, lobbying, contractor, and education management provider expenditures and all sources of revenue.(Note: This summary applies to this bill as introduced.)

Details

Chamber
Senate
First action
2025-04-29
Latest action
2025-02-05
Last action desc.
Introduced In Senate - Assigned to Education
OpenStates
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