Tag: School Bonds

By Nico Brambila | The Denver Gazette Denver Public Schools officials are already talking about the next borrowing after Denver voters just approved a nearly $1 billion bond 11 months ago. As previously reported by The Denver Gazette, DPS has grown increasingly dependent on voter-approved borrowing to fund the district’s basic needs. Over the past three decades, voters have approved billions in bond measures and mill levy overrides. During the board of education’s finance and audit committee meeting Monday, a finance official discussed “refunding” $67 million in bonds to “save” Denver taxpayers money. “It allows for the opportunity to create capacity for a future bond election without the district needing to increase the amount of money that we are paying in debt service and...