GREAT OUTDOORS COLORADO (GOCO)
Great Outdoors Colorado gives money to projects that impact communities across the state. The Colorado Lottery is GOCO’s only funding source and gives GOCO 50 percent of our proceeds, up to a $35 million cap in 1992 dollars, adjusted for inflation. If this percentage exceeds the adjusted cap, the remainder goes to under-funded public school districts to address facility safety issues. In FY14, the distribution to GOCO was $60.3 million.
DEPARTMENT OF LOCAL AFFAIRS (DOLA), ADMINISTRATION OF THE CONSERVATION TRUST FUND (CTF)
The Conservation Trust Fund receives 40 percent of our proceeds. Then local parks and recreation providers receive money from the Conservation Trust Fund in proportion to their population so that every town, city, county and special district in Colorado benefits from Lottery funds. We distributed more than $52 million through the fund in FY14 for open space and land acquisition, equipment purchases, facility development, park maintenance and renovation or restoration of local facilities.
COLORADO PARKS AND WILDLIFE
DIVISION OF PUBLIC SCHOOL CAPITAL CONSTRUCTION ASSISTANCE – BUILDING EXCELLENT SCHOOLS TODAY (BEST)
Any proceeds money beyond the GOCO cap is directed to the Colorado Department of Education’s Public School Capital Construction Assistance Fund and is used to address health and safety issues in public schools. In FY14, $4.7 million was distributed to improve conditions at some of Colorado’s under-funded schools.