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November 30th: ALL potential 2021-22 BEST applicants, please notify BEST of your intent to apply.
All Charter Schools and Institute Charter Schools must submit the below forms annually to be eligible to receive Charter School Capital Construction funding.
- December 4, 2020: CSCC-02 Eligibility Report due
- September 30, 2020: CSCC-01 Expenditure Report due
Charter School Capital Construction Program
Pursuant to C.R.S. 22-54-124, each year the State Education Fund and a percentage of the marijuana excise tax provides an appropriation for Charter School and Institute Charter School Capital Construction. The funding purpose is to promote a safe and healthy learning environment for all Colorado students. Charter Schools or Institute Charter Schools can use the funding for school construction, renovation, or facility purchase or leasing.
Funds are distributed on a per FTE basis, and the final FTE count is taken directly from the October pupil count data submitted by a district to the Division. The funds are distributed on a monthly basis; the first six months' calculation determines the distribution amount per charter school based on FTE projections that the charter school provides. Adjustments are made to the distribution schedule annually in February to reflect actual FTE provided in the October pupil count data.
BEST Grant Program
Established in 2008 with the signing of C.R.S.22-43.7, BEST provides an annual amount of funding in the form of competitive grants to school districts, charter schools, institute charter schools, boards of cooperative educational services, and the Colorado School for the Deaf and the Blind. BEST funds can be used for the construction of new schools as well as general construction and renovation of existing school facility systems and structures.
Charter School Eligibility
Qualified Charter Schools, as defined in § 22-54-124 (1)(f.6)(I)(A) or (1)(f.6)(I)(B), C.R.S., that meet the following requirements are eligible for the BEST grant.
- Must have been in existence for at least 3 years prior to the date of submission of the BEST grant application.
- Must notify its authorizer and acquire authorizer signature on the grant application. The authorizer has the option to submit a letter to the Board stating its position on the application, but a letter is not required.
- The applicant must meet the requirements of § 22-43.7-109(1)(a), C.R.S. and either own or will have the right to own the public school facility.
- To determine that your school meets these requirements, applicants must provide Articles of Incorporation and Bylaws for both the charter school and building corporation to be reviewed by the Attorney General. Additional guidance provided HERE.
Considering applying for BEST in FY21-22?
- ALL potential 2021-22 applicants: Please notify BEST of your intent to apply prior to November 30th.
- BEST 2021-2022 Timeline
- Online Grant Application Process
- Reach out to your Regional Program Manager to provide additional assistance and answer any questions.
For additional information, contact: Meg Donaldson Phone: 720-595-4866 Email: email@example.com