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State funding for Telluride is projected to fall by $3.9 million

Financial

What happened

The adopted 2026-27 budget book projects that, starting in 2027-28 and over six years, the district's total program funding and existing override will shrink by about $3.88 million because of the new state school finance formula.

Why it matters to families

A drop this size would force cuts or new local money, which is why the board sent an override to voters.

The evidence

The June 9 packet's budget assumptions page states the projected decrease, and lists Title I funding down about $40,700 after a census change. The Jan 20 minutes also record an estimated $525,000 current-year revenue shortfall.

The source

June 9, 2026 monthly meeting packet (adopted budget assumptions)

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