GOCO is funding solely by Colorado Lottery proceeds, and receives no general fund or taxpayer dollars. Per the Constitution, Lottery net proceeds are allocated as follows (current annual allocations in parentheses):
- 10% to Colorado state parks through Colorado Parks and Wildlife
- 40% to the Colorado Conservation Trust Fund, which allocates fund to eligible local governments on a per capita basis
- Up to 50% to GOCO, based on a formula and adjusted for inflation
- Surplus funds go to the state's school capital construction fund Building Excellent Schools Today
The Constitution requires GOCO to allocate its funds to four areas – state parks, wildlife, local governments, and open space – in substantially equal portions over time. State parks and wildlife funding is allocated through investments in Colorado Parks and Wildlife programs and facilities.
GOCO's fiscal year runs from July 1 through June 30. Each year, GOCO awards funding through competitive grant programs for:
- Local government park, outdoor recreation, and environmental education facilities projects
- Outdoor recreation and wildlife conservation projects through the Colorado Parks & Wildlife
- Open space projects
- Trail projects
- Special opportunity and “legacy” projects that integrate GOCO’s four constitutionally mandated funding categories
COLORADO PARKS and wildlife INVESTMENT PLAN
The CPW Investment Plan reflects CPW and GOCO's mutual commitment to the outdoors and describes how GOCO funding will be allocated across state parks and wildlife programs. It is approved each fiscal year by the GOCO Board. CPW's fiscal year runs from July 1 to June 30.
Download the CPW FY 2016-17 Investment Plan >>
GOCO FINANCIAL AUDITS
For other past financial reports, send a request to email@example.com.
Below is an overview of current revenues and expenditures.