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Cherry Creek School District Board of Education calls for bond and budget election

On April 16 the Cherry Creek School District Board of Education unanimously approved a resolution calling for a bond and budget election on Nov. 6, 2012.

“After $40 million in budget reductions for the last four years, we will no longer be able to sustain and strengthen the excellence that the Cherry Creek School District is known for without a voter approved budget override,” said Board President Jennifer Churchfield. “This election is critical to making a difference in the lives of more than 51,000 students.”

The bond election was recommended by the district’s Long Range Facility Planning Committee, a group of citizens and district employees, after it completed a Five-Year Needs Assessment, covering 2012 to 2017.

The budget election would provide $25 million for operating expenses to:
• Maintain class size
• Provide curriculum and instruction necessary for success in college and the workplace
• Continue the district's commitment to academic excellence
• Utilize technology to ensure student success in the 21st century

The bond election would provide $125 million for long-term costs, including:
• Science, Technology, Engineering, and Math (STEM) focused classrooms
• Renovations and building additions across the district
• New technology
• Safety and security

The committee recommended expansions to Grandview and Cherokee Trail high schools, along with STEM focused programming at the remaining high schools instead of building a new high school at an estimated cost of $125 million. 

See a list of the individual schools and facility projects here.

The bond and budget election would cost the owner of an average home in the district about $8 per month in additional property taxes.

Cherry Creek’s Chief Financial Officer Guy Bellville told board members that without a budget election, the district will face a budget shortfall of more than $16.4 million for the 2012-2013 school year. Currently, the district is operating on about the same funding levels as the 2006-2007 school year despite adding 2700 students and other increasing costs.

"We have 13 grades of students being educated in our schools,” board member Jim O’Brien said. “That’s the equivalent of a generation.  I am worried about whether they will have the classroom experience they need without the passage of the budget and bond issues.”

Former Cherry Creek School District Board president Aagje Barber volunteered to lead a citizens’ committee supporting the bond and budget election.

Read the Long Range Facility Planning Committee recommendation here.

Budget Development & Financial Planning 2012-2013

Financial Planning Executive Summary.pdf

Funding Overview 2012-2013.pdf

Projected Revenues and Expenditures 2012-2013.pdf

Proposed School Finance Act 2012-2013.pdf

Analysis of Reserves.pdf

Posted 4/18/2012 11:01 AM
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