Marijuana revenue

Medical and recreational marijuana did not solve the school funding problem.

In reality, very little marijuana revenue goes to education.

  • Medical vs Recreational

    Medical marijuana carries the same sales tax as other goods purchased in the store (approx. eight percent in Colorado Springs). Recreational marijuana carries an additional 15 percent state excise tax that goes into the state general fund budget. School districts do not receive sales tax revenue.

  • Education Funding

    Only $40 million of marijuana revenue is guaranteed to fund education (about ½ of one percent of the state budget) and that money is restricted to capital construction/school repairs and renovation.

  • Grant Based

    The $40 million capital construction money is a grant based program. Most urban districts like District 11 will never qualify for these grants.