Cherry Creek Points 4A and 4B: College bond measure and mill levy


Poll measure 4A seeks to take a position $35 million in personnel throughout Cherry Creek College District, particularly enabling the district to recruit and retain academics, add personnel to maintain class sizes small, and add psychological well being professionals and nurses. The measure can be funded by a rise in property taxes. If accredited, the district estimates property taxes will improve by $1.65 per $100,000 of residence worth.
The case for: Cherry Creek College District estimates it is going to expertise a $60 million price range shortfall over the subsequent two years. This mill levy will guarantee colleges can present protected and supportive lecture rooms, a nurse in each faculty, psychological well being helps, and the know-how instruments essential to be taught, proponents say.
The case towards: No feedback have been filed towards the measure.
Poll query: “With the intention to make extra normal fund revenues out there for instructor compensation, sustaining class sizes, sustaining and including psychological well being professionals and nurses to assist college students, and offering for the safety and security of scholar and workers, shall Cherry Creek College District No. 5 taxes be elevated as much as $35 million in tax assortment 12 months 2021, with such quantity being adjusted yearly thereafter by the proportion change in inflation, by levying a property tax at a charge adequate to generate such quantity; pursuant to Part 22-54-108.7, C.R.S., shall such extra revenues by utilized for ongoing money funding for capital development, new tutorial know-how, current know-how upgrades, and upkeep wants of the district; and shall the district be licensed to gather, retain and spend all revenues of the district as a voter accredited income change and an exception to the bounds that might in any other case apply beneath Article X, Part 20 of the Colorado Structure or another regulation?”
Poll measure 4B seeks to fund enchancment initiatives throughout the district, together with development of a psychological well being/day remedy heart to assist college students, enhanced security and safety methods throughout the district, highschool renovations and a attainable new elementary faculty in southeast Aurora. Whole enhancements will price $150 million. If accredited, the district expects it won’t elevate property taxes based mostly on present and forecasted property values.
The case for: Proponents say this bond will assist college students by establishing a psychological well being day facility and upgrading each district highschool to create modern environments that assist studying. About $5 million would go to an enlargement of the Cherry Creek Innovation that features extra programming choices, new pathways for in-demand careers, and increasing nursing and psychological well being certification applications.
The case towards: No feedback have been filed towards the measure.
Poll query: “With out imposing any new tax, shall Cherry Creek College District No. 5 debt be elevated $150 million, with a most complete compensation price of no more than $293 million for the needs of: establishing a psychological well being day remedy facility to assist psychological well being wants of scholars; buying know-how to assist distant/on-line studying for all scholar together with decrease revenue college students; offering security enhancements in school buildings, together with deadbolt locks and cameras; buying, establishing, repairing, renovating and equipping faculty buildings and different faculty services to handle scholar progress; and offering different district capital enhancements; and shall the taxes licensed on the district’s bond elections in 2003, 2008, 2012, and 2016 be prolonged and licensed for use to pay the debt licensed at this election along with the debt licensed at such earlier elections; and shall the mill levy be elevated in any 12 months, with out limitation of the speed however solely in an quantity adequate to pay the principal of, premium, if any, and curiosity on such debt or any refunding debt (or create a reserve for such fee); and should such debt be evidenced by the issuance of normal obligation bonds or different a number of fiscal 12 months obligations to be offered in a single collection or extra, for a value above or beneath the principal quantity thereof, on phrases and situations, and with such maturities as permitted by regulation and because the district could decide?”


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