The Education Fund Board (EFB) administers the funds collected from the half-cent sales tax and exists to facilitate, govern and provide accountability for the allocation of the funds. Click here for the current operating agreement with the City of Steamboat Springs. There are 11 voting members of EFB, nine at-large and two Grant Commission representatives. Board members are appointed for two-year terms. The Grant Commission, which also has 11 members, reports to the EFB and is primarily responsible for reviewing grant applications and recommending funding allocations to the board. The Grant Commission is also responsible for reviewing accountability reports from grantees each fall following the academic school year in which SSEF funds are spent. Grant Commission members also are appointed for two-year terms.