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.
Construction moved ahead in September on FutureForward at Washington Square, the district's new career and technical education campus, with work mainly focused on concrete foundation work.
Watch a video update for more information on construction progress for the new school scheduled to open in the 2020-21 school year.
FutureForward at Washington Square - September 2019 ...
There's plenty of work happening at the construction site for the district's new FutureForward at Washington Square campus in Thornton.
But most of the work happening now can be easily missed by the average site passerby and it will also ultimately be invisible to students and staff who will call the new career and technical education campus home.
As is almost always the ...