The Steamboat Springs Education Fund is a non profit organization created to manage the proceeds of a half-cent city sales tax that was originally approved by Steamboat voters in 1993 to fund “public k-12 educational purposes.” In 2009, voters extended the tax and expanded the purpose to share a portion of the proceeds of the tax with other Routt County public schools.
Grants are awarded to public schools and nonprofits in Routt County through a competitive grant process managed by the Education Fund Grants Commission (Commission) and approved by the EFB.
Grants must benefit K-12 public education in Routt County and be in line with the Fund’s mission. In 2016-2017, direct-to-school grants were approximately 90% of granted funds, Community Grants were approximately 5%, 4% went to Collaborative Grants, and 1% was used to fund administration.
The EFB hopes to renew the half-cent sales tax by ballot initiative in 2018, becoming effective in 2019.