Two state grants will fund school roof replacement projects
District continues to leverage bond funds with state grants
The Five Star District has continued its recent run of success in earning state grants to help cover the costs of school improvement projects.
The district learned in June 2021 it had been awarded a pair of matching grants in the latest funding cycle of the state’s Building Excellent Schools Today (BEST) Grant. The state approved 65 grant requests in this cycle valued at more than $665 million.
The matching grants will support roof replacement projects at North Mor Elementary ($564,315) and Arapahoe Ridge Elementary ($390,986). Both projects - estimated at more than $1 million each - will take place in Summer 2022 as the district wraps up its five-year bond program.
This marks the fourth consecutive year where the district has received grant money as part of the BEST funding cycle - all designated for roof replacement projects. Roof projects are underway or already have been completed using BEST Grant funds at Northglenn High School, Thornton Middle School and Hillcrest Elementary School, with more than $2.2 million coming from the grants. The district identified about 20 roof replacement and repair projects as part of the 2016 Bond Program.
The annual pursuit of BEST grant funding has been a strategic decision by the Five Star District, since the passage of the 2016 Bond Program, to leverage the investment of district voters with additional funding.
A school district must be able to identify a matching fund source to be considered for a BEST grant. Thanks to the 2016 Bond Program, Five Star Schools has the ability to present previously identified bond funds for the projects as a funding source.
The BEST Program, established in 2008, provides an annual amount of funding in the form of competitive grants to school districts, charter schools, and boards of cooperative educational services. 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. The BEST program combines annual revenue from several sources including the School Trust Lands, additional State Lottery revenues and marijuana excise taxes.
Click here to learn more about the bond program and individual school investment plans at www.adams12.org/bond.