Each year, the Conservation Trust Fund (CTF) receives 40% of Lottery proceeds; Colorado Parks and Wildlife (CPW) receives 10% for state parks; and Great Outdoors Colorado (GOCO) receives up to 50%, and that amount of funding is capped at $35 million in 1992 dollars, adjusted for inflation. Most years, the GOCO cap is met, and surplus funds go to the Colorado Department of Education’s school capital construction fund Building Excellent Schools Today (BEST).
Read on to learn more about these Lottery beneficiaries, working to put Lottery profits to great use for communities across the state.
DEPARTMENT OF LOCAL AFFAIRS (DOLA), ADMINISTRATION OF THE CONSERVATION TRUST FUND (CTF)
DOLA distributes CTF dollars quarterly, on a per capita basis, to over 470 eligible local governments in Colorado: counties, cities, towns, and Title 32 special districts that provide park and recreation services. Funding helps these entities acquire, develop, and maintain conservation sites, or make capital improvements and maintain recreational amenities at public sites. In fiscal year 2016 the Lottery distributed more than $56.9 million to the fund.
colorado parks and wildlife (CPW)
Lottery funding improves the state park experience for more than 13.5 million annual visitors. Colorado’s 41 state parks use Lottery proceeds for trail construction and maintenance, land acquisition, equipment and facility purchases, and facility maintenance. The Lottery distributed approximately $14.3 million to CPW in fiscal year 2016. CPW also receives funding from GOCO, as noted below.
GREAT outdoors colorado (GOCO)
GOCO funds land conservation and outdoor recreation projects that impact communities across the state. GOCO works with CPW each year on an investment plan to allocate half of its total funding across state parks and wildlife programs, and the organization also offers a range of competitive grant programs for parks, trails, wildlife, and open space each year. In fiscal year 2016, GOCO received $63.7 million in Lottery funds.
DIVISION OF PUBLIC SCHOOL CAPITAL CONSTRUCTION ASSISTANCE – BUILDING EXCELLENT SCHOOLS TODAY (BEST)
In fiscal year 2016, more than $8 million in Lottery proceeds was contributed to BEST, the Colorado Department of Education’s Public School Capital Construction Assistance Fund. These dollars affect positive educational change through needed capital construction projects.