Marijuana taxes can't come to the rescue this time.
members tomorrow, November 17.
This wording is important, notes DPS spokesperson Scott Pribble, since"funds that support education from marijuana are allocated for capital construction, not operating expenses" at existing schools. So that rules out immediate help for Denver Discovery School, Schmitt Elementary, Fairview Elementary, International Academy of Denver at Harrington and Math and Science Leadership Academy — the quintet currently on the chopping block.
The state collects both marijuana retail sales tax and an excise tax, and they're distributed differently. One-tenth of the 15 percent tax on marijuana retail sales is allocated to local governments, while the remainder is split up between the marijuana tax cash fund , the state's general fund and the state public school fund .. Its website boasts that"since 2008, BEST has awarded approximately $2.
Not much of this cash has reached Denver Public Schools, though."DPS has applied for BEST funds in the past, but these funds are typically allocated to rural schools," Pribble notes. The only exception he can recall occurred in the 2019-202 academic year, when"DPS was awarded $7.8 million in BEST funds for fire sprinklers at George Washington High School and to replace galvanized piping at Denver Language Middle School.
The next meeting of the DPS Board of Education is scheduled for 4:30 p.m. on Thursday, November 17, at 1860 Lincoln Street.
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