What Colorado’s 2023 School Finance Act Means for Pueblo Schools

Finance


Jessica Budels, a second grade teacher at Liberty Point Elementary School in Pueblo West, Colorado, teaches her students to spell on May 3, 2023.

Thanks to Colorado’s passage of the 2023-24 School Finance Act on Monday, May 1, Pueblo school districts will be able to raise additional funding.

Statewide, the School Finance Act allocates $180 million to “buy out” the state budget stabilizer. This is a budgeting tool that cuts the funding received by state public school districts since 2009. Pueblo County School District 70 is next year’s results by Buydown. Pueblo School District 60 will receive approximately $12.7 million.

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