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.
Want to know everything that's taken place since the community supported the Adams 12 Five Star Schools bond question in November 2016? Interested in what's still ahead at your school or your community?
Look for the 2016 Bond Program Community update headed to your mailbox in early March. The publication includes updates on:Bond construction projects currently under way Projects ...
The two-year renovation and reconstruction of STEM Lab is by all definitions a marathon, not a sprint but, as phase one of the project nears completion, construction is reaching a frenetic pace.
Over the past month, masonry work on the exterior of the building's 25,000-square-foot east expansion has surpassed the halfway complete mark. Inside the building - both new and existing - ...