Date: 07/29/2009
Final
Tracie Rainey
INTERIM COMMISSION TO STUDY FISCAL STABILITY
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10:47 AM -- Presentation by Tracie Rainey on School Finance
Tracie Rainey, Executive Director of the Colorado School Finance Project, discussed the history of school finance in Colorado. A copy of her presentation is provided as Attachment F. She discussed the interaction between TABOR and the Gallagher Amendment and their impact on school finance. She also provided hypothetical scenarios of school funding levels without TABOR and Gallagher. She compared Colorado's education system to other states and recommended the commission coordinate in its efforts with the school finance interim committee.
10:59 AM
Ms. Rainey continued by recommending that students be offered the same educational opportunities regardless of geographic location. She commented on issues specific to school districts, such as enrollment fluctuations, differences in teacher compensation, and varying needs of students.