Residential Assessment Rate at 7.15% Could Benefit Public Schools, Students, Says Baca-Oehlert

FOR IMMEDIATE RELEASE

Apr. 10, 2019

DENVER – Statement from Amie Baca-Oehlert, president of the Colorado Education Association, on today’s DOLA report estimating a Residential Assessment Rate (RAR) of 7.15%:
“Legislators who ran for office on public education issues could have a golden opportunity to honor students and educators by aggressively addressing the decade-long underfunding of Colorado public schools. Historical evidence shows setting the Residential Assessment Rate at 7.15% is within the margin of error. The legislature must use any extra funding that may be freed up to bring badly needed resources to school districts still reeling from past budget cuts and a crippling educator shortage.

“Our 38,000 members have been disappointed so far that no progress has been made beyond a $77 million buy-down of the budget stabilization factor, a starting-point proposal that has not changed by a penny since November. With news of this potential revenue, legislators who say they want to do more for students have a tremendous opportunity to make good on that promise. Colorado has one of the strongest economies in the country, yet continues to ignore needs in the classroom, shortchanging every Colorado student by $2,800 against the national average. We heard candidates say they wanted quality teachers, new textbooks and technology, enhanced school security, and mental health supports for all Colorado students. We now want to hear legislators reaffirm that same support by providing the funding for school resources to help every Colorado student thrive.

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