School funding on the ballot: Colorado election results 2024
DENVER (KDVR) — Colorado voters will decide on funding for local school districts across 12 different ballot measures in different communities.
Many of the initiatives are mill levy override, capital mill levy, or bond measures.
Capital mill levies do not increase taxes, but instead extend taxes already in place to pay for school expenses.
Mill levy overrides are approvals of an additional property tax to fund the school district.
are paid off over time and school districts use the funding from the bond for one-time expenses, usually building maintenance or security.
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Plans for spending the money vary by district, and FOX31 has broken that down below.
Aurora Public Schools Issue 5A and 5B
If passed, Issue 5A would fund Aurora Public Schools $30 million with a capital mill levy. If Issue 5B is passed, it will also fund Aurora Public schools, but by investing in an annual bond program worth $1 billion over time.
Aurora Public School's website said the capital mill levy — Issue 5A — would pay for building maintenance and smaller-scale improvements, opening up general funding to increase teacher salaries, mental health resources and trade classes for students.
The $1 billion bond — Issue 5B — would fund infrastructure and technology. Aurora Public Schools specified it would put the money toward new facilities, repairs and renovations across several buildings and adding skills training for healthcare and technical professions.
If Issue 5A and 5B fail, taxes on the current mill levy will decrease and there will be no new bond for Aurora Public Schools.
Adams 12 Five Star Schools 5D and 5E
If passed, Issue 5D would fund Adams County 12 Five Star Schools $34.5 million with a mill levy override. If Issue 5E is passed, it will also fund Adams County 12 Five Star schools, but by investing in an annual bond program worth $830 million over time.
Since Issue 5D is a mill levy override, if passed, it would increase taxes specifically for homeowners who have a home valued at $500,000 or more. The increased property tax would fund $34.5 million toward staff salaries, computer sciences, and more career-focused courses in middle and high schools.
If passed, Issue 5E would open up a bond program to raise $830 million over time and be spent on increased security, building maintenance, rebuilding Thornton High School and creating career training facilities.
If Issue 5D fails, property taxes will not increase, and if Issue 5E fails, no bond will be created and funded with Adams County 12 Five Star Schools.
St. Vrain Valley Schools: Issue 5C
If passed, Issue 5C would create and fund a bond program worth $740 million over time. St. Vrain Valley School's website said the bond would fund skilled trade courses, school security and safety, building maintenance and the construction of new buildings.
If Issue 5C fails, no bond program will be created to fund St. Vrain Valley Schools.
Douglas County School District: Issue 5A
If passed, Issue 5A would create and fund a bond program worth $490 million over time for the Douglas County School District.
The school district's website said the money would be allocated to build new neighborhood elementary schools, building and transportation maintenance, security, skilled trade and career courses, technology, special education and extracurriculars.
If Issue 5A fails, no bond program will be created to fund the Douglas County School District.
Thompson School District: Issue 5A and 5B
If passed, Issue 5A would increase property taxes for some homeowners to fund a total of $13 million toward Thompson School District. Issue 5B would create and fund a bond worth $220 million if passed.
The $13 million tax increase is similar to a mill levy override, called a special levy, that would increase existing property taxes for houses valued over $500,000. The bond measure would also increase taxes for those households but by a lesser amount.
The school district said the money from the special levy would go toward capital projects, technology, and maintenance repairs. The bond money would fund security, educational offerings, maintenance and a building addition.
If Issue 5A and 5B fail, property taxes will not increase and no additional funding would go to the Thompson School District.
Denver Public Schools: 4A
If passed, Denver 4A would create and fund Denver Public Schools with a bond worth $975 million.
The school district said the money will be allocated across maintenance, security, technology, new facilities, extracurriculars and upgrades to learning environments.
If it fails, no bond program would be created to fund Denver Public Schools.
Cherry Creek Schools: Issue 4A and 4B
If passed, Issue 4A would increase property taxes for some homeowners to fund a total of $9 million toward Cherry Creek Schools. Issue 4B would create and fund a bond worth $950 million if passed.
The mill levy override — Issue 4A would increase property taxes by around 1%, and together they will increase monthly property taxes by less than $3 for every $100,000 of property value in Cherry Creek. Cherry Creek Schools said the bond and levy package, both measures, together will fund security, expanded programs for career pathways, construction and renovations, technology and maintenance.
If the measures fail, property taxes will not increase and no bond will be created and funded in Cherry Creek.
Poudre School District: Issue 4A
If passed, Issue 4A would increase property taxes for homeowners with houses valued starting at $300,000 to raise $49 million for the Poudre School District.
The Poudre School District said the money will go toward teacher salaries, technology, classroom materials, maintenance, and increased skilled trade and career courses.
If Issue 4A fails, there will be no property tax increase and Poudre School District will not receive increased funding.
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