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 projects planned for Summer 2020

Thursday, February 27, 2020 - 10:30am

Improvements to continue at district schools, facilities

Summer 2020 will be another busy season of bond work in the Five Star District with 20 projects planned at schools and facilities across the district.

Planned work includes critical building systems improvements including plumbing repairs and mechanical systems such as building HVAC; safety and security improvements such as replacement and installation of digital security cameras, ...

FutureForward construction trudges on through weather

Thursday, February 27, 2020 - 9:45am

Construction remains on schedule despite cold, wet weather

Construction moved forward on the FutureForward at Washington Square construction site in February despite a prolonged spate of cold weather and moisture.

Work on concrete slab pours as well as the installation of the building roof were both slowed down in February but construction of the building remained on schedule to open for the 2020-2021 school year.

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