Colorado is nearing the top of the Funds Stabilization Issue period.
Since 2009, Colorado lawmakers have channeled over $10 billion from colleges to different priorities, a coverage referred to as the “BS Issue.” Gov. Jared Polis and lawmakers need to cease diverting cash from colleges to “totally fund” the state’s obligation within the proposed 2024-25 finances.
However, some Democratic lawmakers argue Colorado received’t be spending at 2024-25 ranges. As a substitute, they level to 1989. And no, not the Taylor Swift album.
“Simply because we’ve paid off the finances stabilization issue and we’re lastly totally funding our colleges, we are literally totally funding them at 1989 ranges,” mentioned state Sen. Rachel Zenzinger, an Arvada Democrat and vice chair of the highly effective Joint Funds Committee, at Chalkbeat’s Legislative Preview occasion final month. “So we nonetheless have some extra work to do.”
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