§ 22-30.5-119 — Mill levy for charter school operating revenues

Colorado § 22-30.5-119

• Jurisdiction: Colorado
• Title 22: Education
• Art.: Charter Schools

Text

(1) With the
agreement of all charter schools that will receive the revenues generated by a mill
levy to collect additional local revenues, the local board of education may, at any
time at which a ballot issue arising under section 20 of article X of the state
constitution may be decided, submit to the eligible electors of the school district a
question to authorize additional local revenues pursuant to section 22-40-102 (1.5)
or (1.7), 22-54-108, or 22-54-108.5 to provide operating revenues for one or more
charter schools chartered by the school district. The local board of education shall
consult with all affected charter schools that will receive the revenues before
determining the amount of the additional local revenues. The local board of
education has the discretion to combine the ballot question to authorize additional
local revenues with any other tax question that the school district is submitting to
the eligible electors of the district or to submit the ballot question as a separate
question.

(2) An election called pursuant to subsection (1) of this section shall be
conducted pursuant to the provisions of articles 1 to 13 of title 1, C.R.S. Each charter
school that is to receive a portion of the additional local revenues shall bear the
costs of submitting the ballot question in proportion to the amount of revenues it is
to receive unless the charter schools and the school district agree to other cost-sharing arrangements.

(3) If the majority of votes cast at an election held pursuant to this section
are in favor of the question, the mill levy of the school district for additional local
revenues is as approved by the eligible electors of the district, and taxes shall be
levied as approved. Additional local revenues that are approved pursuant to this
section by a ballot question submitted as provided in section 22-40-102 (1.5) or (1.7),
22-54-108, or 22-54-108.5 are subject to the limitations on the amount and use of
the revenues specified in section 22-40-102 (1.5) or (1.7), 22-54-108, or 22-54-108.5,
respectively.

(4) Notwithstanding the provisions of section 22-30.5-118 (6) and any
provisions of this section to the contrary, a school district shall not impose a mill
levy pursuant to this section to benefit a charter school unless the charter school
and the school district enter into a contract specifying that the ownership of any
items purchased by the charter school using the revenues received from the mill
levy automatically reverts to the school district if:

(a) The charter school's charter is revoked or not renewed;

(b) The charter school becomes insolvent and can no longer operate as a
charter school; or

(c) The charter school otherwise ceases to operate.

Legislative History

Source: L. 2014: Entire section added, (HB 14-1314), ch. 206, p. 760, � 1, effective August 6.