Charter School Bond Investment Information

Updated on Mon, 10/03/2016 - 4:01pm
Charter School Investments

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.

Recent News

Bond accountability committee presents annual board report

Friday, May 24, 2019 - 11:30am

LRPAC members update board on status of bond projects, future planning work

The 2016 Bond Program is moving forward on time and within budget.

That was the message from members of the district's community-led Long Range Planning and Advisory Committee as they shared their annual report with the Board of Education May 22.

LRPAC, which is made up of about 25 parents and community members, serves a dual role. They advise the district on future facility ...

STEM Lab pushes closer to completion two years after start

Tuesday, May 28, 2019 - 11:15am

Construction process focused on finishing touches

Two years ago, STEM Lab students used hand-made robots to churn ceremonial dirt for the start of the renovation and expansion of their Northglenn school.

Students and staff headed out for the summer this month with slightly less fanfare but with the expectation of a new, completed school to call home when they return in August.

STEM Lab Construction Update - May 2019 ...