School Finance Unit

Finance Guidance During COVID-19

CDE has created guidance around finance during the COVID-19 pandemic, including guidance on School Finance Funding, Federal CARES Act Money, TABOR emergency reserve, non-reimbursed costs and more.

Federal COVID-19 Education Funding

About

Colorado public schools receive funding from a variety of sources. However, most revenues to Colorado's 178 school districts are provided through the Public School Finance Act of 1994 (as amended).

In budget year 2018-19, this legislation provides for over $7.0 billion of funding to Colorado school districts via state taxes ($4.5 billion), local specific ownership (vehicle registration) taxes ($183.8 million), and local property taxes ($2.36 billion). Moneys provided via the Public School Finance Act of 1994 are available to each school district to fund the costs of providing public education.