Colorado § 22-5-115 - Financing boards of cooperative services.
Full text of Colorado Colorado Revised Statutes § 22-5-115 — Financing boards of cooperative services., with citation guidance and answers to common questions.
§ 22-5-115. Financing boards of cooperative services.
(1) (a) No later than July 1, 1973, and July 1 of each year thereafter prior to July 1, 2007, the state board shall determine the number of eligible boards of cooperative services and, subject to available appropriations, award a ten-thousand-dollar grant to each such eligible board. For budget years commencing on or after July 1, 2007, the state board, subject to available appropriations, shall award at least ten thousand dollars to each eligible board of cooperative services.
(b) If available moneys are insufficient to award each eligible board the amount specified in paragraph (a) of this subsection (1), the state board shall reduce proportionately all awards for eligible boards for that year.
(2) The state board shall certify to the state treasurer the name and address of, and the amount payable to, each eligible board of cooperative services. Upon receipt of such certification, but no later than July 15, 1973, and July 15 of each year thereafter, the state treasurer shall make distribution of the amount so certified to the respective boards of cooperative services.
(3) The general assembly shall annually make a separate appropriation to the state board to cover the estimated cost of the basic grants to eligible boards of cooperative services as set forth in subsection (1) of this section.
(4) For budget years commencing on or after July 1, 1996, any amount received by a board of cooperative services pursuant to this section must be used to fund professional educator development in standards-based education, as implemented through part 10 of article 7 of this title, in each school district that is a member of such board and in any nonmember school district that chooses to participate in a professional educator development program with any board of cooperative services.
Source: L. 73: p. 1294, § 4. C.R.S. 1963: § 123-34-14. L. 93: (4) added, p. 1047, § 3, effective June 3. L. 97: (4) amended, p. 460, § 5, effective August 6. L. 2003: (1), (3), and (4) amended, p. 2124, § 15, effective May 22. L. 2006: (1) amended and (3) RC&RE, p. 1119, §§ 1, 2, effective May 25. L. 2015: (4) amended, (HB 15-1323), ch. 204, p. 721, § 23, effective May 20.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 22-5-115
What does Colorado Revised Statutes § 22-5-115 cover?
Section 22-5-115 ("Financing boards of cooperative services.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 22-5-115?
A common citation format is "Colorado Revised Statutes § 22-5-115" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 22-5-115 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
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