State grant will help fund school roof replacement project
New funding to support previously planned new roof for International School
A Colorado State Department of Education BEST Grant will help cover the cost of a new roof for the International School at Thornton Middle School.
The $1.3 million roof replacement project is one of about 20 school or facility roof replacement projects identified as part of the 2016 Bond Program. The district Business Services Department chose to pursue the matching state grant earlier this year to offset a portion of the project cost. The district learned this spring that they had received a grant for about $586,000, which will bring down the district’s bond contribution for the roof replacement to about $746,000.
Adams 12 Five Star Schools Chief Operations Officer Pat Hamilton credited voters for making the grant possible through their initial investment in district schools with the bond approval.
“As a matching grant, part of the BEST Grant criteria is the identification of a matching source of funding for the proposed project,” he said. “Without voter support of the 2016 Bond, we would not have the necessary funding source to support a matching grant application.”
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 leverages annual revenue from several sources including the School Trust Lands, additional State Lottery revenues and recreational marijuana excise taxes.
This marks the second consecutive year that Five Star Schools has been awarded a BEST Grant to support a bond roof replacement project. The district received a $532,000 matching grant in 2017 for the replacement of the Hillcrest Elementary roof and skylights in Northglenn, also a bond project.
Hamilton said the district will continue to be aggressive in pursuing alternative sources of funding - such as BEST Grants - to maximize the value of taxpayer investments. Supplementing bond projects through BEST Grants also gives the district the opportunity to re-prioritize money saved for other bond improvement projects.
School roof replacement projects have been packaged together throughout the bond plan to maximize cost efficiency. The International School replacement is scheduled for 2020 and Hillcrest for 2019. Learn more about the bond program and individual school investment plans at www.adams12.org/bond.