Colorado Code
Article 54 - Public School Finance Act of 1994
§ 22-54-124. State Aid for Charter Schools - Use of State Education Fund Money - Definitions

(III) (A) The total amount of state education fund moneys to be appropriated for all eligible districts and for all eligible institute charter schools for the 2003-04 through 2011-12 budget years shall be an amount equal to five million dollars; except that, for the 2006-07 budget year, an additional two million eight hundred thousand dollars shall be appropriated from the state education fund and shall be used for the purposes of this section, and for the 2008-09 budget year, an additional one hundred thirty-five thousand dollars shall be appropriated from the state education fund and shall be distributed pursuant to section 22-54-133, as said section existed prior to its repeal in 2010. The total amount of state education fund moneys to be appropriated for all eligible districts and for all eligible institute charter schools for the 2012-13 budget year is six million dollars. The total amount of state education fund moneys to be appropriated for all eligible districts and for all eligible institute charter schools for the 2013-14 budget year is seven million dollars.
(B) Repealed.
(IV) (A) The total amount of state education fund moneys to be appropriated for all eligible districts and for all eligible institute charter schools for the 2014-15 budget year is thirteen million five hundred thousand dollars.
(B) The total amount of state education fund money to be appropriated for all eligible districts and all eligible institute charter schools for the 2015-16 budget year and for each budget year thereafter through the 2018-19 budget year is twenty million dollars.
(C) The total amount of state education fund money to be appropriated for all eligible districts and all eligible institute charter schools for the 2019-20 budget year and for each budget year thereafter is twenty million dollars multiplied by the quotient of the number of students included in the statewide funded pupil count who were enrolled in charter schools for the school year immediately preceding the budget year and the number of students included in the statewide funded pupil count who were enrolled in charter schools for the 2017-18 school year.
(V) For the 2004-05 budget year, and each budget year thereafter, the amount of state education fund moneys to be distributed to any eligible district and any eligible institute charter school shall be an amount equal to the percentage of the sum of the district's certified charter school pupil enrollment and the institute charter school's certified pupil enrollment for all eligible districts and eligible institute charter schools in the state that is attributable to the eligible district or eligible institute charter school multiplied by the total amount of state education fund moneys distributed to all eligible districts and eligible institute charter schools for the same budget year pursuant to subparagraphs (III) and (IV) of this paragraph (a).

(4.5) Repealed.

Source: L. 2001: Entire section added, p. 346, § 9, effective April 16. L. 2002: (1)(c), (1)(f), and (3) amended and (1)(f.5) and (8) added, pp. 1752, 1768, 1767, §§ 28, 37, 38, effective June 7. L. 2003: (3)(a)(II), (3)(a)(III), and (4) amended and (4.5) added, p. 518, § 9, effective March 5; (1)(f.5), (3)(a)(III)(A), and (3)(b) amended and (1)(f.6) added, pp. 2132, 2133, §§ 27, 28, effective May 22. L. 2004: (1)(b), (1)(e), (2), (3)(a)(III), (3)(b), (4), and IP(6) amended and (1)(c.5) added, p. 1644, § 52, effective July 1. L. 2006: (1)(c), (1)(c.5), and (3)(a)(III)(A) amended, p. 701, § 50, effective April 28; (1)(f), (1)(f.5), (3)(a)(I), (3)(a)(II), (3)(a)(III)(B), and (4.5) repealed, p. 625, § 48, effective August 7. L. 2007: (1)(f.6)(I) and (1)(f.6)(II)(C) amended, p. 744, § 24, effective May 9. L. 2008: (3)(a)(III)(A) amended, p. 1199, § 11, effective May 22. L. 2009: (3)(a)(III)(A) amended, (SB 09-215), ch. 134, p. 579, § 3, effective April 17; (4) amended and (9) added, (SB 09-256), ch. 294, p. 1554, §§ 9, 10, effective May 21. L. 2010: (3)(a)(III)(A) amended, (HB 10-1013), ch. 399, p. 1907, § 19, effective June 10. L. 2012: (3)(a)(III)(A) amended, (HB 12-1345), ch. 188, p. 716, § 2, effective May 19. L. 2013: (3)(a)(III)(A) amended, (SB13-260), ch. 236, p. 1140, § 5, effective May 17. L. 2014: (3)(a) amended, (HB 14-1292), ch. 243, p. 914, § 17, effective May 21. L. 2015: (1)(f.6)(I)(C) and (1)(f.6)(II)(C) amended, (SB 15-270), ch. 296, p. 1215, § 13, effective June 5. L. 2016: (1)(a) amended, (HB 16-1422), ch. 351, p. 1436, § 14, effective June 10. L. 2017: (3)(b) amended, (HB 17-1267), ch. 242, p. 998, § 18, effective August 9. L. 2019: (3)(a)(IV)(B) amended and (3)(a)(IV)(C) added, (HB 19-1055), ch. 246, p. 2406, § 4, effective May 21.
Cross references: (1) For the legislative declaration contained in the 2008 act amending subsection (3)(a)(III)(A), see section 1 of chapter 286, Session Laws of Colorado 2008.
(2) For the short title ("Student Success Act") in HB14-1292, see section 1 of chapter 243, Session Laws of Colorado 2014.