8 Colo. Code Regs. § 1306-3-IV
Current through Register Vol. 47, No. 20, October 25, 2024
Part 8 CCR 1306-3-IV - Expenditures - Guidance regarding allowable expenditures of Conservation Trust Fund revenues to facilitate eligible entities' complianceA. Allowable expenditures of Conservation Trust Funds include the following: 1. Acquisition, development, and maintenance of new conservation sites.2. Capital improvements or maintenance for recreational purposes on any public site.3. Operation of a system of television relay and translator facilities and the use, acquisition, equipping, and maintenance of land, buildings, and other recreational facilities therefore.B. Unallowable expenditures of Conservation Trust Funds include, but are not limited to the following: 1. Operating expenditures, including salaries, except those operating expenditures, including salaries, that are considered to be for maintenance purposes.2. Expenditure for activities such as athletic teams, fireworks, recreational programs, and public associations or clubs.