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Meeting Date:
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6/28/2022 - 5:30 PM
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Category:
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8.0 SPECIAL RESOLUTIONS
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Type:
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Action
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Subject:
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Resolution In Support of Initiative #63
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Strategic Plan Alignment:
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Enclosure
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File Attachment:
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Summary:
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The Board of Education is asked to adopt a Resolution In Support of Initiative #63. The measure will divert ⅓ of 1% of already collected taxable income (about $900 million) to the State Education Fund (SEF) and remove those dollars permanently from the TABOR surplus calculation. The SEF is already funded using this mechanism; Initiative 63 will double the current annual diversion to the Fund, and require the newly diverted dollars to be used to attract, retain and pay teachers and student support professionals.
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Funding:
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Recommendation:
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The Board of Education adopts a Resolution In Support of Initiative #63 as presented in the June 28, 2022 Board materials.
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Approvals:
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Recommended By:
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Signed By:
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Charlotte Macaluso - Superintendent
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