State cost-of-living funding change could cut district funding by about $1 million

What happened

At the May 7, 2026 meeting the finance director explained proposed changes to the cost-of-living factor in Colorado's school funding formula. If adopted, Widefield could lose about $1 million in funding. In April the state deficit was reported at $1.5 billion. The board said it remained committed to the salary and benefit recommendations from the Employee Input Process, and approved those recommendations and the memo of understanding on May 14.

Why it matters to families

A funding cut of this size could limit raises, staffing and programs even as the district takes on bond projects.

The evidence

The May 7 minutes record the $1 million estimate; the April 9 work session minutes record the $1.5 billion state deficit; the May 14 minutes record the approvals.

The source