I use colored paper to identify different boards I am on when submitting a financial report to that board. It helps keep documents separate for each board.
I like the multi-color paper package. The only thing I would suggest is adding a purple or lavender color to the package. It is nice to have a selection of colors in one package.
I used the paper for a program for a springtime theater production. The variety of colors brightened everything up! And it could be stapled and folded by the machine making less work for me!