Colorado Lottery is Good for the Enviroment
The Colorado Lottery sold its first Scratch ticket in January 1983. Lotto began in January 1989, and Cash 5 in September 1996. On August 2, 2001, the Colorado Lottery introduced the mega-jackpot game Powerball. Now, more than two decades since the Lottery began, more than $1.7 billion has been returned to the people of Colorado through parks, open space, recreation, wildlife projects and more, not to mention more than $3.4 billion in the way of prizes.
Lottery dollars—$11.6 million through Great Outdoors Colorado—are being put to use in preserving parcels like the Red Mountain Ranch north of Fort Collins, in the Laramie Foothills Mountains to Plains Legacy project.
Photo by Wayne Lewis
Colorado Lottery
Proceeds
Every time you visit a park, walk on a trail, or paddle a kayak course, thank people who play the games of the Colorado Lottery. The entire state benefits from funds generated by the Lottery. More than $1.7 billion has been returned to the state for parks, recreation, open space, conservation education and wildlife projects since the Lottery started in1983. In 2005 alone, more than $113.7 million went back to the state.
Conservation Trust Fund
Local parks and recreation providers – towns, cities, counties and special districts – receive money from the Conservation Trust Fund (CTF) in proportion to their population. More than $45.5 million was distributed through the fund in 2005 for open space and land acquisition, equipment purchases, facility development, park maintenance, and renovation or restoration of local facilities.
Colorado Division of Parks and Outdoor Recreation
Colorado’s 40 state parks use Lottery money for trail construction and maintenance, land acquisition, equipment and facility purchases and maintenance of state parks facilities. More than $11.4 million was distributed directly to Colorado Division of Parks and Outdoor Recreation in 2005.
Great Outdoors Colorado
Great Outdoors Colorado (GOCO) gives money to projects across the state that impact communities. Funds have built trails, helped open recreation facilities, preserved ranchlands and view corridors, improved and expanded river quality and access, and conserved wildlife habitat.
The Colorado Lottery is GOCO’s only funding source, and gives GOCO 50 percent of proceeds, capped at $35 million in 1992 dollars, and adjusted for inflation. If this percentage exceeds the adjusted $35 million cap, the remainder goes to underfunded public school districts to address facility safety issues. In 2005, the distribution to GOCO was $55.1 million.
School Health and Safety
When the Colorado Lottery joined Powerball in1992, the distribution formula changed to include funding for school health and safety issues. Referendum E mandates that GOCO receive 50 percent of Lottery proceeds up to $35 million (in 1992 dollars), with the spillover being used to address health and safety issues in public schools. In 2005, more than $1.7 million was distributed to the public schools.
Resource
A Colorado Rental Property Resource for both landlords and tenants can be found at http://www.coloradorentalproperty.net . Online land lords can post detailed information regarding their rental property, including 5 color photos. The ad can be self directed by the landlord to their cell phone or property management company. This is a service provided FREE by RealEstateColorado.Net and the ad will remain on line until it is asked to be removed.
REAL ESTATE
If you would like additional information about real estate in Breckenridge Colorado as well as anywhere in Summit County Colorado contact us at 1-800-791-3990 ext 421.
Jeffery McClintock is a real estate broker in Summit County and prides himself on providing clients with professional guidance in all phases of residential new construction, including market research, product development, consulting, marketing and advertising. His personal mission is to bring to you a level of knowledge, experience, commitment, high standards and results to answer your real estate needs. He believes, the most effective way to provide superior service is to build a strong working relationship with you. His system includes regular consultations and feedback, which is the best tool for identifying and clarifying your real estate objectives and help define strategic solutions.
