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Community task force discusses school finance

  • Community Investment
Community task force discusses school finance

About 30 community members representing different schools and  Five Star community stakeholder groups gathered for the final of three Blueprint Task Force meetings on March 7. Parents, high school students, elected leaders, industry and business partners along with representatives from other community groups gathered to provide feedback on the district’s long-range facilities and academic plan, Blueprint. 

The district’s Blueprint plan is the district’s long-range plan for its schools and buildings as well as academic programming. Making Blueprint a reality will take additional funding, which, if approved by voters, will come from both a bond and a mill levy override. Bonds are used to fund costs for things like construction and building repairs and maintenance. Mill levy overrides are used to fund operational costs, usually staffing.

Here are some key takeaways:

  • As property values rise, school district funding does NOT increase at the same rate. 
  • Out of 10 metro area school districts, Adams 12 Five Star Schools ranks 9th in mill levy override dollars per student.
  • A bond measure would likely result in no tax increase.
  • A mill levy override of $28 million would result in an increase of approximately 6.597 mills. That means annual taxes on a home valued at $500,000 would increase by about $197.


View the presentation slides online. (En español)

  • Blueprint