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Where Colorado spends marijuana taxes

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Where Colorado spends marijuana taxes


PUEBLO WEST, Colorado — Colorado set one other document in 2021 with greater than $2.2 billion in marijuana gross sales. All of that commerce translated to round $423 million in state income from taxes and costs.

One of the crucial seen makes use of of marijuana taxes for faculties is the Constructing Wonderful Faculties Immediately (BEST) grant program. It was launched in 2008 and has awarded greater than $2.5 billion in grants to assist restore or substitute getting older faculties across the state.

“Funds can be found to all Colorado public faculties. So, district faculties, constitution faculties, boards of cooperative academic providers, and the Colorado Faculty for the Deaf and the Blind,” defined Andy Stine, the Director of Capitol Building for the Colorado Division of Schooling.

This system receives funding from the Colorado Lottery, the Colorado Land Board, and a 15 p.c excise tax on wholesale marijuana transfers from growers to shops.

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“A number of years in the past marijuana excise tax did surpass state land board revenues coming into this system at about $80 million from the marijuana excise tax and about $75 million coming from the state land board,” Stine mentioned.

College students and employees at Swallows Constitution Academy in Pueblo West simply wrapped up their second faculty yr of their new constructing that was paid for with a BEST grant. Swallows is a Ok-12 campus and the state cash paid for a $20 million constructing to deal with the Kindergarten via eighth grades.

“I really feel like we’ve a constructing that each Spartan could be pleased with and whether or not they’re kindergarten or twelfth grade,” mentioned Dr. Cindy Compton, Govt Director of Swallows Constitution Academy.

The necessity usually exceeds the cash obtainable for BEST grant awards. So, the board provides precedence to functions the place the well being, security, and safety of scholars are on the biggest threat.

Compton mentioned her grant creator Dr. Kathryn Meyer utilized for six years in a row earlier than the varsity obtained the funding in 2018.

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“Earlier than the grant, we have been in seven completely different buildings at one time. A lot of them have been modulars and a few have been modulars that have been put collectively in a bigger facility after which we have been in an previous grocery retailer,” she mentioned.

Colorado additionally collects a particular 15 p.c excise gross sales tax cost when marijuana prospects pay at try.

“It will get divvied up into completely different locations primarily based upon statutory necessities,” defined Jennifer Okes, Chief Working Officer for the Colorado Division of Schooling.

The Division of Income splits that gross sales tax 90/10 with the native governments the place the taxes are collected. The remaining 90 p.c is then break up 3 ways between the Basic Fund, the State Public Faculty Fund, and the Marijuana Tax Money Fund.

Okes defined that a number of state legal guidelines dictate the place cash from the Marijuana Money Tax Fund could be spent.

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“It is likely to be bullying prevention, it is likely to be dropout prevention,” Okes mentioned. “There’s entire host of grant packages, however once more these are very type of area of interest packages.”

The newest appropriations report from the Joint Finances Committee of the state legislature lists 68 completely different packages that obtained cash from the Marijuana Tax Money Fund.

CLICK HERE TO DOWNLOAD THE FISCAL YEAR 2021-22 APPROPRIATIONS REPORT. (SEE APPENDIX E5)
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Colorado

Canadiens defeat sluggish Avalanche in shootout, snap Colorado’s six-game win streak

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Canadiens defeat sluggish Avalanche in shootout, snap Colorado’s six-game win streak


The Colorado Avalanche dug deep, fueled by some officiating-driven anger, and authored a wild, remarkable comeback two nights ago in an electric evening at Ball Arena.

This was not that.

The Montreal Canadiens ended Colorado’s six-game winning streak with a 2-1 shootout victory Saturday at Ball Arena. Cole Caufield and Kirby Dach scored for the Canadiens in the shootout.

There are some 2-1 thrillers, with great saves, end-to-end action and high drama.

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This was not that.

“We were just OK,” Avs coach Jared Bednar said. “We were good defensively, responsible, checked hard against a team that’s tops in the league right now in creating offense. But we didn’t do a good enough job creating offense ourselves.”

Maybe there was a letdown after the crazy 6-5 comeback win Thursday night against the Buffalo Sabres, but this contest felt like it was played at a slower pace at times. The Avs jumped out to an early lead and played well enough for the first 40 minutes, but also looked far from a crisp, surging outfit that has collected so many positive results in the past month.

At one point, the Avalanche had just seven shots on net across more than 35 minutes of play. The Avs created more scoring opportunities than Montreal, but also missed the net on several of their best looks.

Colorado had scored at least four goals in each of the six games during the winning streak.

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“We had a lot of zone time. We just didn’t create a lot of chances,” Bednar said. “Not enough of a shot mentality. That attack mentality just wasn’t there. Seemed like we were really selective on the shots we wanted to take.”

Montreal was playing the second half of a back-to-back and started rookie Jakub Dobes in net. Dobes, 23, was making his second career NHL start and stopped 22 of 23 Colorado shots. He had a 34-save shutout against the defending champion Florida Panthers in his first start.

The Avs are now 24-15-1 this season as they reach the midpoint Monday night against those Panthers. They will certainly need to be better with a significant step up in competition.

Mackenzie Blackwood didn’t have a lot of work, but he made three excellent saves when it was still a 1-0 game to give the Avs a chance. He and Scott Wedgewood have been outstanding since arriving in late November and early December. This is a game Colorado probably would have been chasing, given its lack of offense, but the new goalies have given this club a new pathway to win games.

Caulfield scored for Montreal with 6:35 remaining in the third period after an Avs turnover led to a 2-on-1. The Canadiens, who struggled to generate much offense for a lot of this contest, were pushing for an equalizer and the better of the play for the first time in the game leading up to Caufield’s goal.

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The Avalanche scored the lone goal of the opening period on its second power play of the contest. Mikko Rantanen cut to the net from the right flank and Nathan MacKinnon found him. Rantanen directed the puck into the net with his foot at 9:01 of the period.

It was Rantanen’s 23rd goal of the season. The guy they call “Moose” scored a goal in his fourth straight game, and now has a 13-game point streak. That ties the longest in the NHL this season and is one shy of the longest in his career.

“He’s been phenomenal,” Bednar said. “He’s one of those one-shot goal scorers. When you need a big goal, you’ve got a guy that can score from all kinds of areas on that side of the ice.”

FOOTNOTES: Avs coach Jared Bednar said goalie Scott Wedgewood does not have a high-ankle sprain on the team’s pregame show before this contest. Bednar hopes that Wedgewood is only going to miss 1-2 weeks after falling awkwardly on Buffalo forward Zach Benson in his crease Thursday night.

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First Alert Weather Day Saturday for snow and cold

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First Alert Weather Day Saturday for snow and cold


First Alert Weather Day Saturday for snow and cold – CBS Colorado

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Watch meteorologist Callie Zanandrie’s forecast.

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What Colorado man was thinking prior to Tesla Cybertruck explosion in Las Vegas

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What Colorado man was thinking prior to Tesla Cybertruck explosion in Las Vegas


What Colorado man was thinking prior to Tesla Cybertruck explosion in Las Vegas – CBS Colorado

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Investigators gathered evidence from a 10-day journal of activity belonging to Matthew Livelsberger of Colorado Springs, leading up to the Tesla Cybertruck explosion investigation in Las Vegas.

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