C.R.S. Section 22-43.7-110.3
Department

  • charter school facilities assistance account
  • distribution
  • definitions

(1)

Subject to annual appropriations, the department shall distribute the moneys credited to the charter school facilities assistance account created in section 22-43.7-104 (2)(d) as provided in this section. A qualified charter school may use moneys received from the charter school facilities assistance account for capital construction purposes.

(2)

Intentionally left blank —Ed.

(a)

The department shall annually distribute the moneys credited to the charter school facilities assistance account based on each school district’s certified charter school pupil enrollment and each institute charter school’s certified pupil enrollment for the applicable fiscal year.

(b)

Intentionally left blank —Ed.

(I)

Each school district that provides funding pursuant to section 22-30.5-112 or 22-30.5-112.1 to at least one qualified charter school in a fiscal year shall, for that fiscal year, receive an amount equal to the percentage of the total certified charter school pupil enrollment for all qualified charter schools statewide for the applicable fiscal year that is attributable to the district’s certified charter school pupil enrollment, multiplied by the amount credited to the charter school facilities assistance account for the applicable fiscal year.

(II)

A school district shall distribute the moneys received pursuant to this paragraph (b) to each qualified charter school of the school district in an amount equal to the percentage of the school district’s certified charter school pupil enrollment that is attributable to pupils expected to be enrolled in the qualified charter school, multiplied by the total amount of moneys received by the school district pursuant to this paragraph (b) for the applicable fiscal year. The school district shall not retain any portion of the moneys received pursuant to this paragraph (b) to defray administrative expenses or for any other purpose.

(c)

Intentionally left blank —Ed.

(I)

The state charter school institute, in each fiscal year in which it distributes moneys to at least one institute charter school that is a qualified charter school, shall, for that fiscal year, receive an amount equal to the percentage of the total certified charter school pupil enrollment for all qualified charter schools for the applicable fiscal year that is attributable to institute charter schools that are qualified charter schools, multiplied by the amount credited to the charter school facilities assistance account for the applicable fiscal year.

(II)

The state charter school institute shall distribute the moneys received pursuant to this paragraph (c) to each institute charter school that is a qualified charter school in an amount equal to the percentage of the total institute charter school certified pupil enrollment that is attributable to pupils expected to be enrolled in the qualified institute charter school, multiplied by the total amount of moneys received by the state charter school institute pursuant to this paragraph (c) for the applicable fiscal year. The state charter school institute shall not retain any portion of the moneys received pursuant to this paragraph (c) to defray administrative expenses or for any other purpose.

(d)

As used in this section:

(I)

“Capital construction” has the same meaning as provided in section 22-54-124 (1)(a).

(II)

“District’s certified charter school pupil enrollment” has the same meaning as provided in section 22-54-124 (1)(c).

(III)

“Institute charter school’s certified pupil enrollment” has the same meaning as provided in section 22-54-124 (1)(c.5).

(IV)

“Qualified charter school” has the same meaning as provided in section 22-54-124 (1)(f.6).

(V)

“Total certified charter school pupil enrollment” means the pupil enrollment certified by the department pursuant to section 22-54-124 (3)(b).

Source: Section 22-43.7-110.3 — Department - charter school facilities assistance account - distribution - definitions, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-22.­pdf (accessed Oct. 20, 2023).

22‑43.7‑101
Short title
22‑43.7‑102
Legislative findings and declarations
22‑43.7‑103
Definitions
22‑43.7‑104
Public school capital construction assistance fund - creation - crediting of money to fund - use of fund - emergency reserve - creation - reserve account - creation and use
22‑43.7‑105
Division of public school capital construction assistance - creation - director - function - powers and duties
22‑43.7‑106
Public school capital construction assistance board - creation - general powers and duties - rules
22‑43.7‑107
Public school facility construction guidelines - establishment by board - use
22‑43.7‑108
Statewide financial assistance priority assessment - public school facilities
22‑43.7‑109
Financial assistance for public school capital construction - application requirements - evaluation criteria - local match requirements - technology grants - career and technical education capital construction grants - rules - definitions - repeal
22‑43.7‑110
Financial assistance - grants - financed purchase of an asset agreements
22‑43.7‑110.3
Department - charter school facilities assistance account - distribution - definitions
22‑43.7‑110.5
Charter school matching moneys loan program - rules - definitions
22‑43.7‑111
Reporting requirements - auditing by state auditor
22‑43.7‑112
Attorney general as legal advisor
22‑43.7‑113
Colorado school for the deaf and blind - special rules
22‑43.7‑114
Capital construction assistance awarded for fiscal year 2007-08 - continued payment
22‑43.7‑115
Tax increases not required
22‑43.7‑116
Open record and open meetings
22‑43.7‑201
Full-day kindergarten facility capital construction fund - creation - grants - definitions
22‑43.7‑202
Applications for grants and matching grants - rules
22‑43.7‑203
Full-day kindergarten facility capital construction projects - prioritization
Green check means up to date. Up to date

Current through Fall 2024

§ 22-43.7-110.3’s source at colorado​.gov