What You Need to Know About Marijuana Tax Money and Colorado Schools
In 2012, backers of Colorado’s landmark constitutional amendment legalizing recreational marijuana pressed their case by touting the financial benefits to the state’s schools.
Four years later, backers of a record number of school tax measures on this year’s ballot are finding the need to explain to voters — yet again — that the benefits haven’t been many.
The reality is that the bulk of the money goes to a school construction fund that doesn’t come close to meeting the state’s needs. That money can’t be used to pay for things like teacher salaries and books.