Adams 12 Bond on November Ballot

posted Apr 13, 2017, 11:47 AM by Lisa Griffin   [ updated Apr 13, 2017, 12:07 PM ]
10/31/16 - C Notes update

Adams 12 Bond - The Adams 12 Five Star Schools Board of Education approved the placement of a $350 million bond on the November ballot at no tax rate increase to residents. The 2016 Bond proposal (Ballot Issue 3D) provides funding to Adams 12 Five Star Schools and will impact every student, school and community. A bond is a voter-approved funding source that is used for capital improvements such as building repairs or new schools and cannot be used for salary or operational needs. The funding that Stargate received for our expansion was from private bonds that we must pay back out of our operating dollars over the next 30 years. If the Bond passes Stargate will receive over $5.1 million dollars that we could use toward additional improvements and upgrades to our new campus.