Colorado Code § 22-11-604

Colorado school awards program - distribution of award
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(1) Any award
presented by the state board pursuant to this part 6 shall be spent or distributed for use within the
public school as the principal of the public school, after consultation with the school
accountability committee for the public school, deems appropriate.
(2) Any moneys made available to a district public school in the form of an award
pursuant to the provisions of this part 6 shall not supplant moneys made available to the public
school from funding received by the school district pursuant to article 54 of this title or pursuant
to the taxing authority of the school district. Any moneys made available to an institute charter
school in the form of an award pursuant to the provisions of this part 6 shall not supplant moneys
payable to the institute charter school pursuant to part 5 of article 30.5 of this title.

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