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Public School Finance Act of 1994 - FY2018-19

FY 2018-19

Mill Levy Certification Form

 

 

Payments

 

 

 

 

Funding Calculation

  • FY 2018-2019 District Funding Calculation Worksheet

    • Due to timing of meeting the statutory deadline of December payments, additional updates occur in January.
    • These include the December numbers based on October counts and most but not all final assessed valuations.
    • As approved by the Financial Policies and Procedures Advisory Committee, a section has been added to the calculation worksheet (beginning on row 300) with the estimated rescission and Total Program after application of the rescission.  This amount is currently an estimated amount based on the FY17-18 rescission.  Once the actual number is determined in July/August, it will be updated.  Since the calculation for each districts rescission amount is a percent of Total Program, this number will also adjust for each district as numbers are finalized in December/January.  Having the rescission included in the funding calculation will assist districts with budgeting and will eliminate the need to take the full amount from districts in January as it will now be part of the monthly adjusted payments.

 

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Colorado Dept. of Education
201 East Colfax Ave.
Denver, CO 80203
Phone: 303-866-6600
Fax: 303-830-0793
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