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

Summer of bond work finishes

Thursday, August 30, 2018 - 1:00pm

Students return to updated, enhanced schools

Some improvements they could see, some they could not, but students at a dozen district schools returned to schools this month that were updated, safer, and, in some cases, bigger thanks to community support of the 2016 Bond Program.

The largest summer of work since a $350 million bond question was approved by voters in November 2016, which included new construction and renovations at ...

District School Connectivity Project underway

Thursday, August 30, 2018 - 1:00pm

Project will build new district fiber network

A recently started fiber construction project is designed to meet the network and Internet connectivity needs of Adams 12 Five Star Schools for years to come.

Construction work for the district’s School Connectivity Project got underway in August. A new district-wide dark fiber network was identified as part of the 2016 Bond Program. Dark fiber refers to a network where the district ...