Denver-area faculties will break up greater than $14 million raised by way of marijuana taxes and lottery income for tasks starting from changing roofs to increasing their buildings.
The Colorado State Board of Training accredited $229 million in grants by way of the Constructing Glorious Faculties Immediately program in June.
Greater than half might be within the type of conventional grants — money given to colleges for particular makes use of — funded by marijuana excise taxes, Colorado Lottery income and different sources. The districts should pay matching funds to obtain the grants.
The remaining $100 million entails a type of “rent-to-own” relationship. Districts lease a constructing to the state for the upfront money, then pay step by step till they’ve reached a predetermined matching stage. The state theoretically might take possession of a constructing if the district didn’t pay its matching funds, however that’s extremely unlikely, stated Jeremy Meyer, spokesman for the Colorado Division of Training.
The record of tasks contains:
Denver Public Faculties: $1,471,517 for upgrades to the fireplace suppression system at George Washington Excessive Faculty; $3,344,136 to interchange piping at Gilpin Elementary Faculty
Board of Cooperative Academic Companies: $4,404,556 for a constructing addition and security upgrades at Rocky Mountain Faculty of Expeditionary Studying
Jeffco Public Faculties: $2 million for fiber community infrastructure
Sheridan Faculty District: $930,877 for roof alternative at SOAR Academy
Boulder Valley Faculty District: $921,525 for well being and security enhancements at Justice Excessive Faculty
St. Vrain Valley Faculty District: $667,567 for roof repairs
Westminster Public Faculties: $342,517 to interchange the boiler at Shaw Heights Center Faculty
Douglas County Faculty District: $128,652 for roof alternative at Trailblazer Elementary Faculty
Byers Faculty District: $35,668 for asbestos abatement
Again-up tasks, ought to any of the chosen tasks fail to lift matching funds:
Aurora Public Faculties: $17,680,732 for an addition to East Center Faculty
Mapleton Public Faculties: $17,414,794 to interchange Valley View Elementary Faculty