10.22.18

Community Foundation Boulder County Endorses Amendment 73

Community Foundation Boulder County is proud of its history of supporting educational equity for Boulder County's students. The foundation affirms that history through its vision of increasing equity so Boulder County is a place of just and fair inclusion where all can participate, prosper and reach their potential.

 
We strive for that day of educational equity when it is no longer possible to predict a student's success by where she lives, her family's income, or her race or ethnicity.
 
During the past 13 years, the Community Foundation has supported eight ballot initiatives related to protecting or increasing funding for public education. Since 2008, the foundation has worked to close the academic opportunity and achievement gap through its School Readiness Initiative.
 
Consistent with its longstanding commitment to education, Community Foundation Boulder County is endorsing Amendment 73 which, as described by the Bell Policy Center, proposes to "raise funding for public education by enacting a graduated income tax increase and adjusting the property tax assessment rates for school districts."
 
Colorado is challenged by teacher shortages due to uncompetitive salaries, and the state spends approximately $2,800 less per pupil than the national average. There is a $672M shortfall in Colorado's education funding for fiscal year 2018-19 and half of Colorado's districts have one or more schools relying on 4-day school weeks. Amendment 73 would raise $1.6B in revenue for public schools. Boulder County's two school districts each stand to receive $40-50M annually should the amendment pass.
 
Opponents of the amendment argue that passage would further complicate Colorado's tax system and that the proposed tax increases might inhibit economic growth.
 
The foundation's view is that Amendment 73 will support a more equitable and adequate funding source for public schools, and keep decision-making about how to use funds at the local level. Amendment 73 aims to:
  • Increase base funding for all students
  • Provide for full-day kindergarten and increase the amount of revenue for early childhood education
  • Expand the definition of "at-risk" students to include kids receiving free and reduced-cost lunch
  • Increase the amount of funds from the state to local districts for English Language Learners, Special Education, and Gifted and Talented Students
 
Community Foundation Boulder County encourages you to learn more about Amendment 73 (see below list of resources), support this step toward equity, and vote for Amendment 73 on Nov. 6.