§ 22-54-113 — County public school fund

Colorado § 22-54-113

• Jurisdiction: Colorado
• Title 22: Education
• Art.: Public School Finance Act of 2025

Text

(1) There is hereby created in the
office of the county treasurer of each county a continuing fund, to be known as the
county public school fund, into which shall be paid the proceeds of all county
school moneys.

(2) Each district in the county shall be entitled to receive distribution during
a budget year of moneys in the county public school fund in the proportion that its
funded pupil count in the county is to the aggregate of the funded pupil counts of
all districts in the county.

(3) The department of education shall determine the proportionate part of
the county public school fund to be paid during the budget year to each district in
the county and, on or before the first day of each budget year, shall certify such
determination to the county treasurer. The certified proportions shall be the basis
upon which the moneys in the fund shall be distributed during the ensuing budget
year. At the end of each month during such year, the county treasurer shall credit or
pay over the proper proportions of the moneys in the fund to the general funds of
the districts in the county.

(4) For the purpose of determination and certification by the state board and
distribution of moneys in the fund, the funded pupil count of a joint district shall be
apportioned and assigned to the portion of the district in each county having
territory in the district in the same proportion as the portion of the district's funded
pupil count attributable to pupils resident in each county bears to the total funded
pupil count of the joint district. The secretary of the board of education of each joint
district shall certify to the state board the required information applicable to each
county.

Legislative History

Source: L. 94: Entire article added with relocations, p. 799, � 2, effective April 27.