The deadline to sign, date and return the form to your student’s school is Tuesday, Oct. 31, 2023.
How Impact Aid Funding affects Academy District 20
The state of Colorado has a number of federal properties (i.e. military bases, offices, and subsidized housing) that are exempt from some local and state taxes. Because this land and these employers are not taxed, Academy District 20 (ASD20) loses critically needed tax revenues. Every year, ASD20 applies for aid to make up for taxes lost for children whose parents are in the military, employed on a federal property and/or live on a federal property, or civilian employed on federal property. We do this through a federal program that was established in the 1950’s called the Federal Impact Aid program.
The district must participate in the survey each year and provide information to the federal government in the form of a grant application. Your individual family information is kept confidential. The revenue received directly supports the high-quality education provided to all ASD20 students. To maximize funding for Academy District 20 students, we are striving for a 100% return rate of surveys.
If you did not receive a survey or have questions about Impact Aid, please contact your school.