The Jared Polis Education Report Spring 2003 discusses the severe budget crisis faced by the St. Vrain School District, resulting in significant cuts including administrative positions and teacher pay. It highlights the impact of Colorado's economic downturn on education funding and mentions various initiatives aimed at providing educational support, including an interest-free loan to the district and online learning opportunities for students. The report also addresses upcoming ballot measures to amend state tax laws which affect school funding, as well as the rise of 'cyberstudents' benefiting from online courses.