GREAT OUTDOORS COLORADO (GOCO)
Great Outdoors Colorado funds projects that impact communities across the state. The Colorado Lottery is GOCO’s only funding source and provides GOCO with 50 percent of its proceeds, up to a $35 million cap in 1992 dollars, adjusted for inflation. If this percentage exceeds the adjusted cap, the remainder is distributed to the State Public School Capitol Construction Assistance Fund. In FY15, the distribution to GOCO was nearly $62 million.
DEPARTMENT OF LOCAL AFFAIRS (DOLA), ADMINISTRATION OF THE CONSERVATION TRUST FUND (CTF)
The Conservation Trust Fund receives 40 percent of Lottery proceeds. 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. The Lottery distributed more than $51 million to the fund in FY15 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. In FY15, $1.9 million was distributed to improve conditions at some of Colorado’s under-funded schools.