Joint Budget Committee. At the November 2022 general
election, Colorado voters approved proposition FF. Proposition FF created the healthy school meals for all programs (program) and increased taxes to pay for the program.
The bill creates the healthy school meals for all program general
fund exempt account (account). The department of revenue will deposit the revenue resulting from the tax increase in proposition FF into the account. The department of education (department) will use the tax revenue in the account to implement the program. To the extent there is not enough money in the account for the department to implement the program, the department may expend money from the general fund for amounts appropriated for the program.
The bill also allows for expenditures in excess of appropriations
from the fund for limited purposes and clarifies how the appropriations made for the program will be shown in the annual general appropriations bill.
Appropriations from the account are excluded from the amount
that is used to calculate the statutory general fund reserve, and the unrestricted balance in the account at the end of a fiscal year is excluded from state surplus.
