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.
Planning is reaching the final stages on more than 30 construction and improvement projects planned for Summer 2019 as part of the ongoing 2016 Bond Program.
Projects range from new construction such as the start of work on a new district Career and Technical Education Center to ongoing projects, including the completion of a two-year renovation of STEM Lab in Northglenn and larger ...
As a new calendar year began, interior work on the second of two, 25,000-square-foot expansions to the building got under way as exterior work continued.
By mid-January, the new main entry to the building was being framed, providing a look at the final shape of the building. Exterior brick work was more than a quarter complete with much of the building wrapped in a thick sheet of ...