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Colorado Education Cuts will Exceed Initial Expectations,

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Projected cuts in state aid to K-12 education next school year keep rising, and school administrators fear they will get even bigger.

Todd Herreid, a legislative staff analyst, told members of the House Education Committee Thursday that recent calculations indicate "a decrease in total program spending of at least $431 million compared to current law. This represents a decrease of 7.5 percent.

Herreid made his comments as he presented the committee with a required annual report on the condition of the State Education Fund, kind of a piggy bank that is one of the sources of state aid to school districts. The report estimates that the SEF will be down to only about $6 million

Read the whole story at EdNewsColorado