Redbud School Grants
In 2021, the Legislature enacted Senate Bill 229 – the Redbud School Funding Act. This bill directs a portion of medical marijuana tax revenue for annual distribution to eligible charter schools and public school districts for acquiring and improving school buildings. For Fiscal Year 2022, $38.5 million was apportioned to be used for these grants. School districts and eligible charter schools that are below the state average in local property taxes and the county-wide millage per student are eligible to receive these funds. Additionally, to be considered “eligible,” a charter school must provide in-person or blended instruction to a minimum of two-thirds of enrolled students as the primary means of instruction.
School districts and eligible charter schools that are below the state average in local property taxes for the building fund and the county-wide millage per student are eligible to receive these funds.
