"Proposition MM increases taxes on wealthy households earning more than $300,000 annually. The measure supplements a previously passed referendum from 2022 that also called for increases in taxes in order to help fund schools, but which fell short of its funding goals. The tax increases will affect around 200,000 households across the state. Affected households can expect to pay an additional tax of $327 annually for single filers and $574 per year for joint filers."
"The new measure will guarantee free breakfasts and lunches for all kids attending public schools. It also provides support for school districts to buy food that is local, and gives raises for school meal staffers, a profession that is drastically underpaid across the country. The measure passed with support from nearly 6 in 10 voters (58.1 percent), as of Wednesday morning's vote count."
Colorado voters approved two ballot measures guaranteeing free meals for every public school child and allowing excess school meal funds to support the state-managed SNAP program. Proposition MM raises taxes on households earning more than $300,000 annually to fund the program, affecting about 200,000 households with average additional taxes of $327 for single filers and $574 for joint filers. The measure guarantees free breakfasts and lunches, supports local food purchasing, and raises pay for school meal staff. Proposition LL permits surplus school meal funds to be directed to SNAP. The measures are expected to raise roughly $95 million and passed with broad county-level support.
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