Charter School Bond Investment Information
Adams 12 Five Star Schools charter schools are proposed to receive a percentage of the bond. Funding received is based on a per-pupil allocation formula that is built on the number of in-district students the school serves minus the capital construction funding they may already receive from the state. Formula: (Bond Amount * Space Offset / In-District Pupils) – (Capital Construction Assistance * Years) = Per Pupil Allocation.
Since the Five Star District is not responsible for ongoing charter school facility maintenance, charters are given one-time funding. Like all schools, charters can only use bond funding for capital expenditures like new buildings, maintenance, etc. It cannot be used for operational costs like salaries or instructional materials.
It wasn't perhaps the celebration envisioned when ground was broken on a new career and technical education campus more than a year ago but Five Star Schools staff gathered Aug. 24 to celebrate substantial completion of construction on FutureForward at Washington Square , the district's second CTE campus.
The ceremony featured remarks from district leaders and a timely, socially- ...
The Five Star District has continued its recent run of success in earning state grants to help cover the costs of school improvement projects.
The district learned in June 2021 it had been awarded a pair of matching grants in the latest funding cycle of the state’s Building Excellent Schools Today (BEST) Grant. The state approved 65 grant requests in this cycle valued at ...