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Posted by Brooke Gilmore | May 25, 2021 The Colorado Supreme Court has ruled that HB21-1164, Total Program Mill Levy Tax Credit, is constitutional and does not violate the Colorado Taxpayer Bill of Rights, or what is commonly referred to as TABOR. This could be good or bad news for Colorado’s schools, depending upon the school district. This decision has been a long time in the making. In 1992, Colorado voters approved TABOR, which limits the creation of new taxes or tax increases without the approval of voters. Starting in approximately 1994, local school districts went to their voters ...

Tue, 05/25/2021 - 11:45am AUGUSTA — Governor Janet Mills and State Treasurer Henry Beck announced Monday that Moody’s Investors Service and S&P Global Ratings, global companies that analyze and issue reports of credit worthiness, have affirmed Maine’s strong credit ratings and stable outlooks on the State of Maine’s general obligation debt. Moody’s affirmed both their Aa2 rating and stable outlook while S&P affirmed their AA rating and stable outlook. In its affirmation, S&P praised Maine’s “active budget management” and the State’s “steady progress in strengthen...

The proposal includes historic investment in Maine schools, achieving 55% of education costs for the first time in Maine history.

What They Are Saying: Leaders Praise Governor Mills’ Budget Proposal For Fully Funding Education May 12, 2021 “Today is a historic day for students, educators, and the people of Maine.” “Today’s announcement exemplifies the kind of leadership and commitment to education that Maine students deserve from their Governor.” “Incredible news.” Governor Janet Mills today released her Administration’s Part 2 budget proposal for the Fiscal Year 2022-2023 biennium, which – for the first time in Maine’s history – meets the State’s obligati...

AUGUSTA — Governor Janet Mills unveiled Wednesday her Administration’s Part 2 budget for the Fiscal Year (FY) 2022-2023 biennium, a proposal that makes a historic investment in Maine public schools and meets the State’s obligation to pay 55 percent of the cost of K-12 education for the first time in Maine’s history. If approved by the Legislature, the achievement would come more than 15 years after Maine voters first passed a referendum directing State government to pay 55 percent of local school costs. The Governor’s proposal would not only finally meet the State’s obligation for...