HB 1174 Colorado House · 2026 Regular Session

School Finance Mid-Year Adjustments

Summary
Compared to what was anticipated when appropriations were established in the 2025 regular legislative session for the 2025-26 budget year, the general assembly finds that for the 2025-26 budget year the actual funded pupil count and the at-risk pupil count are lower than anticipated; the local share of total program funding is higher than anticipated; and therefore, the general assembly intends to decrease the state share of districts' total program funding by $103,472,508 for the 2025-26 budget year.     Under current law, there are 2 total program formulas to finance public schools, commonly referred to as the old formula and the new formula. For the 2025-26 budget year, a district's total program is the greater of:The district's total program amount for the 2024-25 budget year; orThe amount calculated for the 2025-26 budget year under the old formula plus an amount equal to 15% of the difference between the amounts calculated between the old formula and the new formula.     The act clarifies that for the 2025-26 budget year, if the calculation under the new formula is less than the calculation under the old formula, then that district's total program for the 2025-26 budget year is the greater of:The district's total program amount for the 2024-25 budget year; orThe amount calculated for the 2025-26 budget year under the old formula.     The act reduces appropriations to the department of education for the 2025-26 budget year by $103,472,508.(Note: This summary applies to this bill as enacted.)
Bill status signed all 5 stages cleared
Introduction
Feb 2026
Committee Review
Feb 2026
House Passage
Mar 2026
Senate Passage
Mar 2026
Signed into Law
Mar 2026
Introduced Feb 6, 2026 Signed Mar 26, 2026
Maddy AI version diff · 5 comparisons

What changed between versions

Rerevised Final Act · 4 edits · Mar 11, 2026
MODERATE
This bill adjusts school funding for the 2025-26 budget year because actual student enrollment and local tax revenue differed from initial projections. It reduces the state's financial contribution to school districts by over $103 million while increasing the local share of funding. The bill also clarifies the calculation method for 'total program' funding to ensure consistency when the new funding formula yields a lower amount than the old formula.
Scope change
The bill applies specifically to the 2025-26 budget year for public school districts and institute charter schools in Colorado.
FISCAL

Decreased the state share of total program funding by $103,472,508 for the 2025-26 budget year to align with lower-than-anticipated pupil counts and local revenue.

Increased the local share of total program funding by $69,924,480 for the 2025-26 budget year.

DEFINITION

Clarified the calculation for a district's 'total program' funding: if the new formula results in a lower amount than the old formula, the district receives the greater of the prior year's amount or the old formula amount, rather than the new formula amount.

TECHNICAL

Added a note indicating the bill is ready for signature and directing readers to official legislative status sheets for final action.

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
12
Key actions
7
Committee
2
Mar 26, 2026
Signed into law
Governor Signed
executive
Mar 17, 2026
Upper · Passed
Signed by the President of the Senate
upper
Mar 16, 2026
Lower · Passed
Signed by the Speaker of the House
lower
Feb 20, 2026
Upper · Passed
Senate Third Reading Passed - No Amendments
upper
Feb 18, 2026
Upper · Passed
Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole
upper
Feb 17, 2026
Introduced
Introduced In Senate - Assigned to Appropriations
upper
Feb 12, 2026
Lower · Passed
House Third Reading Passed - No Amendments
lower
Feb 10, 2026
Lower · Passed
House Committee on Appropriations Refer Unamended to House Committee of the Whole
lower
Feb 6, 2026
Introduced
Introduced In House - Assigned to Appropriations
lower
6 primary · 3 co-sponsors

Sponsors