Surplus Colorado marijuana tax revenue could soon benefit your kids, as the state is set to distribute millions to schools in the next few months.
More: Colorado marijuana tax news
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The money comes from Proposition BB, passed by voters last November, which allows the state to keep surplus marijuana tax revenues. The surplus funds currently amount to about $66 million.
One of the programs benefiting from the surplus funds will be a new bully prevention grant from the Colorado Department of Education.
“As far as we know, we’re the only state that is providing such significant funds to prevent bullying in schools,” said Dr. Adam Collins, bullying prevention and education grant coordinator for the CDE. “We are excited to have these funds.”
