(Denver) – Tonight, the Denver School Board voted to refer a mill and bond measure to the ballot this November, kicking off the “Yes on 3A and 3B” campaign.
The mill and bond will expand enrichment programs and support services that increase student achievement and go toward capital investments like renovating and updating dilapidated facilities around the district, greening schools so they’re more energy efficient and upgrading technology. Two oversight committees will be created, one for the mill and one for the bond, to ensure tax dollars are spent properly and that the process is transparent and accountable.
For more information about the specifics of the proposal, visit the mill and bond section of the Denver Public Schools website here.
The referred measures would invest $49 million from the mill levy override and authorize $466 million in bond capacity. Combined, the typical Denver residential property owner would see an increase in their property taxes by $143 per year, or about $12 per month for a home valued at $225,000.
The campaign will unite members of the education community, business leaders and parents committed to investing in our children’s future together for Denver’s schools. Information about and updates from the campaign can be found at www.yeson3A3B.com.
The campaign is currently in formation and an official campaign launch will be announced next week.