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SB 25-221

signed

School District Reporting Additional Mill Levy Revenue

Plain-English Summary

AI-generated

Senate Bill 25-221, which has been signed into law, requires Colorado school districts to report how much extra money they collect through additional mill levies and distribute it to charter schools within their boundaries. This reporting starts for the budget year beginning in 2025-26. The bill affects all public school districts and charter schools in Colorado by ensuring transparency in funding distribution. Since the bill is signed, it is now law and school districts will need to start collecting this data as required.

Official Summary

The act requires each school district, beginning in the 2025-26 budget year, and each budget year thereafter, to report the total amount of additional mill levy revenue, stated as a dollar amount, that the school district is authorized to collect and that the school district distributes to the institute charter schools within the geographic boundary of the school district. (Note: This summary applies to this bill as enacted.)

Details

Chamber
Senate
First action
2025-04-28
Latest action
2025-03-31
Last action desc.
Introduced In Senate - Assigned to Appropriations
OpenStates
View source ↗

Sponsors

Related Legislation

This bill affects (7)

relates
HB 24-1394(2024A)· signed
Mill Levy Equalization
relates
HB 24-1448(2024A)· signed
New Public School Finance Formula
relates
SB 25-223(2025A)· signed
Mill Levy Equalization & Institute Charter Schools
relates
SB 23-287(2023A)· signed
Public School Finance
relates
SB 22-202(2022A)· signed
State Match For Mill Levy Override Revenue
relates
SB 17-061(2017A)· failed
Additional Funding Charter School Operating Costs
relates
HB 17-1375(2017A)· signed
Distributing Mill Levy Override Revenue To Schools

Affected by (1)

relates
SB 25-153(2025A)· signed
Public School Financial Reporting Requirements

Votes

BILL
2025-04-10 · House · passYes: 62 · No: 1 · Other:
BILL
2025-04-03 · Senate · passYes: 30 · No: 0 · Other: