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School Funding Overhaul Clears Colorado Senate

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(credit: CBS)

(credit: CBS)

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DENVER (AP) – A sweeping overhaul to how Colorado funds schools has won final approval in the state Senate on a party-line vote.

The bill passed 20-15, with all Democrats in favor and all Republicans against. The bill takes effect only if voters approve about $1 billion in higher income taxes.

The bill aims to revise years of inequitable school funding and backfill schools damaged by years of deep budget cuts.

The bill aims to level funding in district across the state, with more money for districts with high numbers of needy students or English language learners. The bill would also lead to full-day kindergarten across the state.

It’s the biggest revision in decades to how Colorado funds K-12 public schools.

RELATED: School Finance Bill Aims To Revise Years Of Inequitable School Funding

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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