The Colorado Drought Mitigation and Response Plan includes identification of current and potential sources of federal, state, local or private funding to implement drought mitigation activities. Colorado uses a variety of sources to fund state and local drought mitigation activities. Funding sources traditionally used have been energy impact funds, gaming funds, general funds, and severance tax. Many agencies have grant programs, including, but not limited to, the Water Conservation Board, State Forest Service, Division of Water Resources, Colorado Division of Emergency Management, and the Soil Conservation Service.
Section 4.5 of the Colorado Drought Mitigation and Response Plan
includes a table that lists drought mitigation funding sources. This includes funds that can be used for the development of drought mitigation and response plans as well as funding for relief during times of drought.