New figures released for decade's worth of state funding cuts to Colorado education
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The Colorado School Finance Project released on Monday updated numbers on how much money the state’s 178 public school districts have lost in the past decade from state funding cuts.

What was called the “negative factor” and is now known as the “budget stabilization factor” meant lawmakers diverted dollars earmarked for schools to other needs, such as transportation, as a result of the recession.

The amount equals how much Colorado underfunds its schools when compared to the constitutional requirement that spending on education increase every year based on student count and inflation.

This year, state legislators agreed to “buy down” $150 million of the education debt, leaving $672 million remaining of the shortfall.

Here’s the tally for Pikes Peak region school districts, of how much state revenue they’ve lost from 2008 to 2018:

Colorado Springs D-11: $261 million

Academy D-20: 195 million

Falcon D-49: $158 million

Harrison D-2: $98 million

Widefield D-3: $73 million

Fountain-Fort Carson D-8: $63 million

Lewis-Palmer D-38: $50 million

Cheyenne Mountain D-12: $40 million

Woodland Park RE-2: $21 million

Manitou Springs D-14: $13 million

Ellicott D-22: $9 million

Peyton 23-JT: $6.1 million

Calhan RJ-1: $5.4 million

Miami-Yoder JT-60: $3.4 million

Hanover D-28: $3.3 million

Edison 54-JT: $3 million

Cripple Creek-Victor RE-1: $3 million

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