Sunday, September 19, 2010

Annual Finance Seminar

On Friday more than 150 people attended the annual Finance Seminar hosted by CDE at the Adams 12 Training Center in Thornton. The morning plenary session featured panelists Sen. Keith King and State Board of Education member Randy DeHoff. Moderator Vinny Badolato from the League of Charter Schools asked questions about the future reauthorization of the Elementary and Secondary Education Act (ESEA).

Randy DeHoff said he didn't think there would be many competitive grant programs in the next ESEA due to the controversy surrounding Race to the Top this year. Both panelists talked about the two assessment consortia in the country and funded through federal grants. Colorado is a partner in both consortia. Only one of the consortia has a writing component planned.

The afternoon plenary session featured Vinny Badolato; Russ Caldwell, DA Davidson; John Griego, Colo Springs 11; and Sen. Keith King, administrator of Colorado Springs Early College. Each of the panelists talked about what they thought would be in the next legislative session impacting charter schools. Russ Caldwell said he thought the moral obligation pool in the State Treasurer's office should be increased. Keith King talked about the formula used to project the School Finance Act and the specific figures used for next year. The Governor's office is projecting a slower economic recovery than was originally expected and so next year's School Finance Act will probably contain at least a 6.35% rescission, which is currently expected.

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