Is pot tax money for Denver schools a myth? DPS video leaves out key fact
An animated video from Denver Public Schools hopes to remind voters that the district is not as flush with cash from marijuana tax money as some might think.
In the two school years since the state legalized marijuana, the district says it has seen zero of the state tax money earmarked for schools. Says the state: Hey, the district didn’t ask.
In 2015, the Colorado Department of Revenue gave nearly $24 million in marijuana excise tax money to the Building Excellent Schools Today grant program. The program funds school capital construction such as new roofs, major renovations and additions or new schools.
To get a BEST grant — available to all public and charter schools — schools or districts must apply, said Scott Newell, director of the division of capital...
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