Charter school advocates say a bill passed by the Colorado legislature that requires districts to split local tax dollars with charter schools is the first of its kind in the nation.
Should the governor sign the bill into law, charters would get access to voter-approved tax increases but would also have to be more transparent with their finances. According to the Denver Post, charter school supporters say “only about a third of Colorado’s 178 school districts share mill-levy-override revenue.”
Under the measure, districts would have to draft plans to share mill-levy funds, the newspaper said, and charters would have to post some tax documents on their websites.
A version of this article appeared in the May 30, 2017 edition of Education Week as Colo. Districts Must Split Funds with Charters Under Passed Bill