Local measure · El Paso County
Colorado Springs School District 11 4AD11 $775 million bond
In plain words
- Up to $775 million in general obligation bonds; total repayment up to $1.48 billion; annual taxes up to $49.8 million with no rate cap.
- Would fund prepaying lease-purchase obligations tied to teacher pay, about $800 million of deferred maintenance, and modern and career-technical facilities.
- Independent oversight committee. Current district debt: $0; no bond passed since 2006 (TABOR notice).
Cost: No household figure in notice.
Our summary of the official materials and local reporting.
What your vote means
YES
Authorizes the bond.
NO
No bond.
Our plain-words summary.
Why people want it, and why others object
Why supporters want it
- TABOR notice comment: addresses deferred maintenance and teacher pay obligations; no bond since 2006. source: epc-assets.elpasoco.com
Why opponents object
No public statement found.
Who backs each side
No public record found of a campaign committee or campaign money for either side.
In each side's own words where we could find them, quoted or summarized with a link to the source. We don't endorse either side.
Official ballot wording
Official ballot wording, word for word (tap to open)
Word for word from the El Paso County sample ballot (PDF ).
Colorado Springs School District 11 Ballot Issue 4A
SHALL COLORADO SPRINGS SCHOOL DISTRICT 11 DEBT BE INCREASED $775 MILLION, WITH A REPAYMENT COST OF NOT TO EXCEED $1.48 BILLION, AND SHALL DISTRICT TAXES BE INCREASED NOT MORE THAN $49.8 MILLION ANNUALLY TO PAY SUCH DEBT, ALL FOR THE PURPOSE OF PROVIDING CAPITAL IMPROVEMENTS FOR DISTRICT PURPOSES, INCLUDING BUT NOT LIMITED TO: - ATTRACTING AND RETAINING HIGH-QUALITY TEACHERS BY INCREASING SALARIES WITH MONEY SAVED BY ACQUIRING ENCUMBERED FACILITIES THROUGH EXERCISING THE DISTRICT'S OPTION TO PREPAY ANY LEASE PURCHASE FINANCINGS; - RENOVATING CAREER AND TECHNICAL EDUCATION FACILITIES THAT PREPARE STUDENTS FOR JOBS IN HEALTHCARE, ENGINEERING, SKILLED TRADES, AND TECHNOLOGY; - REMOVING HAZARDOUS MATERIALS, INCLUDING ASBESTOS AND LEAD PIPES; - INSTALLING MODERN COOLING, HEATING, AND AIR-FILTRATION SYSTEMS IN DISTRICT SCHOOLS; - IMPROVING SCHOOL AND STUDENT SAFETY AND SECURITY; - RENOVATING ALL DISTRICT SCHOOLS INCLUDING SIGNIFICANT RENOVATIONS TO DOHERTY, CORONADO, MITCHELL, AND PALMER HIGH SCHOOLS; AND SHALL THE EXPENDITURES BE MONITORED BY AN INDEPENDENT BOARD-APPOINTED CITIZENS' OVERSIGHT COMMITTEE TO REVIEW AND CONFIRM THAT ALL FUNDS ARE USED ONLY FOR VOTER APPROVED PROJECTS, WITH NO MONEY GOING TO ADMINISTRATOR SALARIES; AND FOR ACQUIRING, CONSTRUCTING OR IMPROVING ANY CAPITAL ASSETS AUTHORIZED BY LAW; AND SHALL THE MILL LEVY BE IMPOSED IN ANY YEAR WITHOUT LIMITATION AS TO RATE BUT ONLY IN AN AMOUNT SUFFICIENT TO PAY THE PRINCIPAL, PREMIUM, AND INTEREST ON SUCH DEBT OR ANY REFUNDING DEBT (OR TO CREATE A RESERVE FOR SUCH PAYMENT); SUCH DEBT TO BE EVIDENCED BY THE ISSUANCE OF GENERAL OBLIGATION BONDS TO BE SOLD IN ONE SERIES OR MORE, FOR A PRICE ABOVE OR BELOW THE PRINCIPAL AMOUNT OF SUCH SERIES, ON TERMS AND CONDITIONS AND WITH SUCH MATURITIES AS PERMITTED BY LAW, INCLUDING PROVISIONS FOR REDEMPTION OF THE BONDS PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF THE PREMIUM; AND SHALL THE REVENUES FROM SUCH DEBT AND TAXES AND ANY EARNINGS FROM THE INVESTMENT THEREOF BE COLLECTED AND SPENT AS A VOTER APPROVED REVENUE CHANGE UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION AND ANY OTHER LAW?
- YES / FOR
- NO / AGAINST
Latest news
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What people are saying
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