Important Announcement for all Charter Schools Wishing to Access BEST Funding

Important Announcement for all
Charter Schools Wishing to
Access BEST Funding
To: Charter School Directors, District Superintendents, Business Managers, and Grant Writers
Re: Eligibility Requirements for the CDE Capital Construction Assistance FY2017-18 BEST Grant Cycle
Pursuant to 22-43.7-103(7) C.R.S., an eligible charter school means a charter school as described in section 22-54-124
(1)(f.6)(I)(A) or (1)(f.6)(I)(B) C.R.S. and which has been in existence for at least three years at the time the application is
submitted. Pursuant to 22-43.7-109(b) C.R.S., the Board may only provide financial assistance to public schools meeting
this three-year criteria;
AND
Pursuant to 22-43.7-109(3) C.R.S., a charter school shall notify its authorizer if the school applies for financial assistance.
The applying charter school shall submit its application directly to the Board. The authorizer for an applying charter
school may choose to submit a letter to the Board stating its position on the application, though a letter is not required.
A charter school intending to apply for financial assistance must notify the Division of Capital Construction of its
intentions before the online application opens on January 3rd, 2017 in order to apply for BEST funds. The Division must
collect data from a charter school wishing to apply in order to generate a match percentage for the charter school. Once
the online application opens, the Division will be unable to generate match calculations. Charter schools are encouraged
to notify the Division as early as possible even if they are not certain they will apply.
For more information or to notify the Division of your intent so a match percentage can be calculated, please contact:
Anna Fitzer
CSCC / Regional Program Manager
Division of Capital Construction
Colorado Department of Education
1580 Logan St, Suite 310
Denver, CO 80203
P. (303)866-6184
[email protected]
cde.state.co.us/cdefinance/CapConstMain.htm