Colorado State Archives
Executive Orders from the Administration of Governor Bill Owens 1999-2005
MONDAY, October 30, 2000
Amy Jewett Sampson
GOVERNOR OWENS ANNOUNCES $4.3 BILLION
EDUCATION BUDGET FOR FISCAL YEAR 2001-02
The Governorís FY 2001-02 budget requests $4.3 billion for K-12 education, an increase of $218.6 million over the prior year. Since Gov. Owens took office, annual funding for K-12 education has increased by 18 percent - $590 million - in Colorado.
"Today, school districts have more money for teachersí salaries, more money for equipment, more money for construction. We are investing in the future of our children and the future of our state. While dollars alone do not guarantee that students will receive a quality education, making sure that schools receive proper funding continues to be my highest priority," Owens said.
Of the $4.3 billion, $2.3 billion is from the stateís General Fund with the remainder primarily from local funds.
Included in the Governorís K-12 budget is an additional $189 million to fully cover inflation (3.6 percent) and increases in enrollment (1.4 percent).
Other highlights of the Governorís education budget include:
"Almost one-third of Coloradoís eight-year olds cannot read at grade level. This is a tragedy that Read to Achieve is designed to address. The goal is to provide up to $1,100 per pupil in additional funding - above and beyond the regular appropriation - for every third grade student reading below proficiency. My hope is that every child in Colorado will be able to read at or above grade level by the time they enter fourth grade," Owens said.
The budget also includes $1.3 million for the education initiatives the Governor will introduce during the 2001 legislative session and $2.5 million to provide transportation assistance for low income students in low-performing public schools so those students will have a choice of being able to commute to alternate public schools.
The K-12 education budget is part of the entire state budget that the Governor will deliver to the General Assembly on November 1.
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