FPP Legislative Update

FPP Legislative Update Over 70 Education Related Bills Approximately 35 bills will require CDE/SBE implementation Approximately 15 bill may require rulemaking Approximately 16 bills have financial implications for districts

FPP Legislative Update HB18-1379 School Finance Increase in estimated funded pupils by 5,624.2 from FY17-18 pupil counts Increase in local share of $35.3M from FY17-18 Inflation rate of 3.4% Decrease Budget Stabilization Factor to $672.4M - 8.68% ($155.9M from FY17-18 appropriation) Statewide Average Per Pupil Funding is $8,137 (increase of $475 from FY17-18) Total Program is $7.08B Comparisons to FY17-18 with Supplemental changes. BSF was $822.4M after Supplemental. Original appropriation was $828.3

School Finance Historical Recap 2016-17 Budget Stabilization Factor = $828.3M Average Per Pupil Funding = $7,420 Total Program = $6.37B 2017-18 Supplemental Budget Stabilization Factor = $822.4M (-5.9M) Average Per Pupil Funding = $7,662 (+$242) Total Program = $6.63B (+250M) 2018-19 Budget Stabilization Factor = $672.4M (-$150M) Average Per Pupil Funding = $8,131 (+$475) Total Program = $7.08B (+450M)

FPP Legislative Update HB18-1379 School Finance Continued ELPA funding allocated proportional to NEP/LEP and FEP Monitor 1 and 2 students Distributes $30M on a per-pupil basis to large rural districts (55%) and small rural districts (45%) including charter schools in these districts 1,000 ECARE slots (Note: Allocations are estimates and will be adjusted after allocations)

FPP Legislative Update SB18-200 PERA Reform 5 year HAS Assess PERA benefit on gross salary for members after 7/1/19 Direct distribution of $225M every year Automatic adjustments to contribution rate, COLA, and direct distribution with blended total contribution is <98% and >120% 3-year COLA freeze COLA at 1.5 percent (2.0 percent now) 64 retirement age with 30 years of service/65 with 5 years Employee contribution increases: July 2019 – 0.75%, July 2020 – 0.75%, July 2021 – 0.5% Employer contribution increase: July 2019 – 0.25%

FPP Legislative Update Teacher Related Bills HB18-1002 Rural School District Teaching Fellowship Programs HB18-1189 Expanding Effective Teacher Residency Programs HB18-1309 Programs Addressing Educator Shortages HB18-1332 Collaborative Educator Prep Initiatives HB18-1412 Retaining Teachers Grant Program SB18-229 CDE Student Teacher Criminal History Records BEST Related Bills HB18-1070 Additional Capital Construction Funding HB18-1277 BEST Grant Application Requirements

FPP Legislative Update Program Funding Related Bills HB18-1193 Extend AP Incentives Program HB18-1266 Career Development Success Program Expansion HB18-1306 Ensure Stability for Students in Foster Care HB18-1393 Effective Implementation of READ Act SB18-085 Financial Incentives for Education in Rural Areas Misc Other Funding Related Bills HB18-1101 Retail MJ Sales Tax Appropriations for Schools