Policy Overview

2008-2009 Colorado

Charter Schools

Metrics #
Charter Law
State Has Charter Law Yes
Year of Charter School Law 1993
Charter Cap
State-Imposed Cap on Charter Schools No
Charter Funding
State Provides Funding for Charter Schools Yes
Description of Funding

The state provides capital construct funds to qualified schools on a per pupil basis. For FY 2008, $5 million was appropriated; The legislature also provides a mechanism for limited credit enhancement for eligible, highly rated bond transactions for charter schools, by using the state’s moral obligation to back up to $400 million in debt.