5A Bennett School District
Permits up to $125 million school borrowing and $235 million repayment, backed by up to $11 million in additional annual taxes.
A school borrowing question authorizes a district to issue bonds for buildings and grounds, repaid from property taxes over years. Most of these questions print three figures: the principal, the maximum repayment cost including interest, and the yearly ceiling on the tax that repays it. Colorado Springs School District 11's 4A is the largest, at $775 million of debt, up to $1.48 billion to repay and up to $49.8 million a year in taxes. Three extend a bond tax voters approved years ago instead of adding a new one: West Grand 5A extends taxes approved in 2006, Garfield RE-2 4B extends its 2006 tax at not more than $9.2 million a year, and Buffalo RE-4J 5A extends taxes approved in 2007. Bennett 5A, Colorado Springs 11 4A and Cheyenne Mountain 4B raise the tax. Archuleta 50JT 5A takes effect only if the district receives a state Building Excellent Schools Today grant. Garfield School District RE-2 asks both a bond and a tax question: 4B borrows up to $118 million, and 4A raises operating taxes.
Permits up to $125 million school borrowing and $235 million repayment, backed by up to $11 million in additional annual taxes.
Permits up to $125 million school borrowing and $235 million repayment, backed by up to $11 million in additional annual taxes.
The district could borrow up to $79.9 million for school facilities, repaid through property taxes, if it receives a state BEST grant that does not have to be repaid.
Up to $13.3 million of school district debt, up to $24.97 million to repay, by extending taxes approved in 2006.
$775 million of school district debt, up to $1.48 billion to repay, and up to $49.8 million a year in taxes.
$80 million of school district debt, up to $162 million to repay, and up to $8.8 million a year in taxes.
Authorizes up to $118 million in school debt and $225 million in repayment, funded by extending the 2006 bond tax at no more than $9.2 million annually.
Authorizes up to $13.3 million in school debt with up to $24.97 million in repayment, extending taxes approved in 2006 for facility improvements and a match for a conditional state grant.
The district could borrow up to $79.9 million for school facilities, repaid through property taxes, if it receives a state BEST grant that does not have to be repaid.
Lets Kiowa County School District RE-1 borrow up to $4.65 million, repaid up to $9.1 million, with taxes up to $410,000 a year, only if it wins a state BEST grant, for a unified PK-12 campus.
Buffalo School District RE-4J would borrow up to $1.25 million for school improvements and, as funds allow, refinancing its capital lease. Taxes approved in 2007 would be extended to repay up to $1.7 million.
Authorizes up to $37 million in Moffat County school debt and up to $67 million in total repayment, extending the 2007 bond tax to pay new obligations.
Buffalo School District RE-4J would borrow up to $1.25 million for school improvements and, as funds allow, refinancing its capital lease. Taxes approved in 2007 would be extended to repay up to $1.7 million.
Borrows $2.43 million for school facilities, with up to $4.8 million repayment funded by extending an existing tax.
Allows $1.35 million in school bonds, repaid by up to $120,000 a year in property taxes, only if the district wins a state BEST grant over $23 million.
Borrows up to $13.3 million for facilities and grant matching, repaying up to $24.97 million through extended taxes; the grant is conditional.