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69 Legislators Commit to Fully Buying Down the Budget Stabilization Factor

Posted on: February 1, 2024
Posted By: CEA Communications
Posted in: Uncategorized
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69 Legislators Commit to Fully Buying Down the Budget Stabilization Factor

Denver, CO — The Colorado Education Association (CEA) today announced that 69 Colorado legislators in both chambers and across party lines signed a commitment to fully buy down the Budget Stabilization Factor (B.S. Factor) this legislative session.

“We’re thrilled to see legislators honoring their commitment to buy down the B.S. Factor to zero,” said Amie Baca-Oehlert, high school counselor and President of CEA. “This is a crucial first step towards shoring up the future of public education in Colorado and will go a long way toward ensuring that each and every student in Colorado receives an exceptional education.”

Since the introduction of the B.S. Factor in 2010, Colorado students have faced a funding gap of more than $10 billion. While buying down the BS Factor is a necessary and vital step towards fully funding Colorado’s public schools, education funding levels would only return to levels seen in 1989. This underscores the substantial challenges faced by the education system in Colorado, as bridging the gap requires rectifying historical inadequacies in funding.

“In confronting the longstanding problem of continual disinvestment in Colorado’s students and educators over the course of several decades, it is essential not only to eliminate the B.S. factor entirely but also to reassess the limitations imposed by Colorado’s tax code, which have played a role in exacerbating the crisis in education funding,” said Baca-Oehlert. “The challenges faced by our public schools are intricate and interlinked and have led us to the brink of a crisis in public education in Colorado with a massive educator shortage, students with little access to much needed mental health supports, and class sizes that are much too large to meet the growing needs of students, necessitating a sustained and systemic funding solution that would significantly alleviate these issues.”

For a full list of the legislators who signed on to the commitment to buy down the B.S. Factor to zero, click here.

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About the Colorado Education Association
The Colorado Education Association is a membership-based organization that represents nearly 40,000 Colorado education professionals. The CEA promise to our students and communities is that the members of the Association will lead the way in guaranteeing every student access to the best public education. By working collectively with all education stakeholders, we will provide the best public education for every student and assure Colorado’s standing as an excellent state in which to learn, live, work, and raise a family.

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