As marijuana revenues trickle into the state, slow to meet projections, a few Colorado school districts are among the first to see some impact from the state’s new funds.
The state Department of Education’s program to fund capital projects — known as Building Excellent Schools Today, or BEST, grants — had received more than $1.1 million from marijuana taxes in May when it made the annual award recommendations.
The state also is readying another $2.5 million from pot taxes so interested schools can hire health professionals.
The additional capital project money has been welcomed as the state fund for the BEST grants has been declining and the program reached a cap for the financed grants it could issue through bonds…
The marijuana excise tax — which is 15 percent on unprocessed recreational pot sales on its first sale – — netted about $3 million from January through June 30. The education department receives the funds monthly and will dole out the awards recommendations every May.
Next year, officials estimate the pot contribution to the BEST grants will be about $10 million. But some school officials say there’s a misconception about where the pot money is going.
“I feel like the word on the streets is marijuana funding is going to schools, but certainly it’s not going to schools for operating costs,” said Ryan Elarton, director of business services for the Pueblo district. “And not every district gets it.”
Besides the new marijuana funds, BEST grants have been funded by sources including money from the state land trust and spillover from Powerball profits after funding the Great Outdoors Colorado fund…
From other marijuana revenue appropriated by the legislature, $2.5 million has been set aside to increase the presence of health professionals in schools.
Schools that apply for those grants and win could have that money by January.
It’s hilarious that schools may get back some of the necessities cut by conservative politicians — and they’ll be getting it from profits generated by legal ganja.
The sad part remains that folks trapped in the two-party belief system can’t get any results from simply going to the polls on election day. Frankly, issues like school safety, healthcare for the student population, reasonable curricula dedicated to learning and all that entails — are a natural for independent political organizing. Yes, just like legalizing marijuana.
Then, you’re not required to shove a natural local response to problems into a cookie cutter mold designed by seventeen lobbyists employed by a Congressional action committee.