Colorado’s school finance bill promises to fully fund K-12 education by the 2024-25 academic year

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This might be the last year that Colorado lawmakers hold back money from K-12 schools to fund other budget priorities.

Legislators have toyed with the idea of fully funding Colorado schools several times in recent years, but always held back amid economic uncertainty. While Colorado’s constitution requires school funding to go up each year by the rate of population and inflation, lawmakers haven’t met that requirement since the start of the Great Recession. 

Since 2009, Colorado has withheld more than $10 billion from its schools.

Now the school finance act that passed unanimously out of the Senate Education Committee Wednesday includes a provision…