|
What does SAFE mean for schools?
- Dedicates a permanent source of funding to public education.
- Enables the state to protect schools during economic downturns.
What does SAFE mean for the rest of the state budget?
- Buffers the impact of revenue slowdowns and high inflation on health care, higher education and other core services.
- Allows the legislature to balance the budget without constitutional spending mandates.
How do I sign a petition ?
What is the text of the Initiative?
|
What is the wording of the Initiative?
Ballot Title Setting Board
Proposed Initiative 2007-2008 #1261
The title as designated and fixed by the Board is as follows:
An amendment to the Colorado constitution concerning the manner in which the state funds
public education from preschool through the twelfth grade, and, in connection therewith, for the
2010-11 state fiscal year and each state fiscal year thereafter, requiring that any revenue that the state
would otherwise be required to refund pursuant to the constitutional limit on state fiscal year
spending be transferred instead to the state education fund; eliminating the requirement that, for the
2011-12 state fiscal year and each state fiscal year thereafter, the statewide base per pupil funding for
public education from preschool through the twelfth grade and the total state funding for all
categorical programs increase annually by at least the rate of inflation; creating a savings account in
the state education fund; requiring that a portion of the state income tax revenue that is deposited in
the state education fund be credited to the savings account in certain circumstances; requiring either
a two-thirds majority vote of each house of the general assembly or, in any state fiscal year in which
Colorado personal income grows less than six percent between the two previous calendar years, a
simple majority vote of the general assembly to use the moneys in the savings account; establishing
the purposes for which moneys in the savings account may be spent; establishing a maximum
amount that may be in the savings account in any state fiscal year; and allowing the general
assembly to transfer moneys from the general fund to the state education fund, so long as certain
obligations for transportation funding are met.
The ballot title and submission clause as designated and fixed by the Board is as follows:
Shall there be An amendment to the Colorado constitution concerning the manner in which
the state funds public education from preschool through the twelfth grade, and, in connection
therewith, for the 2010-11 state fiscal year and each state fiscal year thereafter, requiring that any
revenue that the state would otherwise be required to refund pursuant to the constitutional limit on
state fiscal year spending be transferred instead to the state education fund; eliminating the
requirement that, for the 2011-12 state fiscal year and each state fiscal year thereafter, the statewide
base per pupil funding for public education from preschool through the twelfth grade and the total
state funding for all categorical programs increase annually by at least the rate of inflation; creating a
savings account in the state education fund; requiring that a portion of the state income tax revenue
that is deposited in the state education fund be credited to the savings account in certain
circumstances; requiring either a two-thirds majority vote of each house of the general assembly or,
in any state fiscal year in which Colorado personal income grows less than six percent between the
two previous calendar years, a simple majority vote of the general assembly to use the moneys in the
savings account; establishing the purposes for which moneys in the savings account may be spent;
establishing a maximum amount that may be in the savings account in any state fiscal year; and
allowing the general assembly to transfer moneys from the general fund to the state education fund,
so long as certain obligations for transportation funding are met?
1 Unofficially captioned “Education Funding” by legislative staff for tracking purposes. Such caption is not part of the titles set
by the Board.
|
