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

2016 Bond Program nears completion

Tuesday, November 16, 2021 - 9:45am

The 2016 Bond Program is rapidly reaching its completion after nearly five years and more than $350 million invested in district schools and facilities.

The capital funding program, approved by voters in November 2016, prioritized improvements in six areas: aging buildings, safety and security, classroom needs, overcrowding, educational opportunities and technology.

With the ...

Bond improvement work to continue in Summer 2021

Friday, November 6, 2020 - 10:45am

Projects planned at nearly 30 schools, facilities

Construction and school improvement work will continue across the Five Star District in Summer 2021 as part of the 2016 Bond Program with projects at nearly 30 schools and facilities.

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 ...