Colorado Revised Statutes Title 22. Education § 22-60.5-112. Fees--fund--report--repeal

(1)(a) The fee for the examination and review of an application for any license, endorsement, or authorization, or any renewal or reinstatement, shall be established by the state board of education and is nonrefundable. Upon determination of eligibility, such license, endorsement, or authorization must be issued without an additional fee. The state board of education shall adjust, if necessary, all such fees annually so that they generate an amount of revenue that approximates the direct and indirect costs of the state board of education and of the department for the administration of this article 60.5; however, the state board of education shall establish and adjust such fees for licenses issued pursuant to section 22-60.5-201(1)(a) so that the fees generate an amount of revenue that approximates the direct and indirect costs of the state board of education and the department for the administration of sections 22-60.5-201(1)(a) and 22-60.5-205. All fees collected pursuant to this section must be transmitted to the state treasurer and credited to the educator licensure cash fund, which fund is hereby created and referred to in this subsection (1) as the “cash fund”. The general assembly may designate general fund money to the educator licensure cash fund to supplement educator fees. The general assembly shall make annual appropriations from the general fund or cash fund for expenditures of the state board of education and of the department incurred in the administration of this article 60.5. At the end of any fiscal year, all unexpended and unencumbered moneys in the cash fund remain in the cash fund and must not be credited or transferred to the general fund or any other fund.