Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • 3 Federated Hermes Mutual Funds to Add to Your Portfolio
    • CAPM BDBL Mutual Fund-01 unitholders approve conversion to open-end fund
    • Debt mutual fund turn volatile on RBI repo rate hike
    • Thailand Open the Door to Bitcoin, Ether ETFs on Stock Exchange
    • US bonds: What will you actually earn?
    • 3 Carillon Mutual Funds to Consider Amid Evolving Economic Trends
    • Regular vs direct mutual funds: Higher expense ratio isn’t the only drawback; what else investors should know
    • Battery ETFs among top performers this month: market data
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Bonds»$975 million bond for DPS schools is headed to Denver voters
    Bonds

    $975 million bond for DPS schools is headed to Denver voters

    August 16, 2024


    1. Home
    2. Denver news

    Denver news

    The most expensive element in the bond package — $300 million — is for critical maintenance at 154 DPS buildings.

    Three yellow school buses, in a row, seen from behind.

    Denver Public Schools buses parked in a lot off Federal Boulevard. July 17, 2024.

    Kevin J. Beaty/Denverite

    Denver voters will decide on the largest bond in Denver Public Schools’ history this November.

    The board of education unanimously approved Thursday sending the $975 million measure to the ballot.

    The bond measure is a one-time investment in capital projects that was approved by a group of 72 community members after an exhaustive review.

    It wouldn’t raise taxes and would pay for air conditioning, safety upgrades, upgrades and several middle and high schools, including athletic facility upgrades, career and technical education, new school buses, and critical maintenance.

    The most expensive element in the package — $300 million — is for maintenance at 154 buildings. On average, DPS facilities are 55 years old.

    That’s followed by $240 million for air conditioning for the 21,000 students in 29 buildings without air conditioning. It also means that 20 more buildings will be upgraded to get climate-conscious heat humps — a top priority for student advocates.

    Third, $124 million would be for new school construction, including a new elementary school in far northeast Denver and expanding a campus near the airport.

    The bond also includes:

    • $100 million for school upgrades that would include upgrading outdoor classrooms, cafeterias, restroom and one new health clinic.
    • $55 million is allocated for technology, including classroom sets of Chromebooks for grades K-5, replacing student and teacher devices and hotspots that allow students access to the internet at home.
    • $51 million for specialized career and technical education programs like aerospace engineering and other fields. It includes money for performance arts hubs and theater and auditorium upgrades in South and Manual High Schools.
    • $28 million for security upgrades so schools can have secure entryways that screen visitors before entry, including for several major high schools. It also includes weapons detection and crisis communication systems.
    • $33 million for athletic field upgrades at 10 schools.

    The city’s voters have approved bonds in the last four presidential election years.

    Several local civic organizations have endorsed the bond measure. Denver Families for Public Schools, a nonprofit that carries out community organizing campaigns and whose board is composed of charter school leaders, is backing the measure.

    The nonprofit released a poll in July showing the majority of sampled Denver voters would support the bond measure.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    US bonds: What will you actually earn?

    October 8, 2026

    Bonds To Outperform Stocks? BofA’s Savita Subramanian Says S&P 500 Returns May Fall Below 5% Over 10 Years

    October 7, 2026

    Why Retirees Ditching Bonds for SPYI Are Missing the Real Reason to Own Bonds

    October 7, 2026
    Leave A Reply Cancel Reply

    Top Posts

    3 Federated Hermes Mutual Funds to Add to Your Portfolio

    October 9, 2026

    Thailand Open the Door to Bitcoin, Ether ETFs on Stock Exchange

    October 8, 2026

    Liberty Mutual Investments Forms Long-Term Partnership With Zenith Asset Management

    October 7, 2026

    Battery ETFs among top performers this month: market data

    October 8, 2026
    Don't Miss
    Mutual Funds

    3 Federated Hermes Mutual Funds to Add to Your Portfolio

    October 9, 2026

    Federated Hermes is a global investment management firm with over 71 years of experience managing…

    CAPM BDBL Mutual Fund-01 unitholders approve conversion to open-end fund

    October 9, 2026

    Debt mutual fund turn volatile on RBI repo rate hike

    October 9, 2026

    Thailand Open the Door to Bitcoin, Ether ETFs on Stock Exchange

    October 8, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Investors turn to gold, not bonds, as Iran war widens

    March 3, 2026

    This mutual fund turned Rs 20,000 monthly SIP into Rs 1 crore in just over 12 years: Details

    June 17, 2025

    Apax Funds fait une offre pour Norva24 – évalue la société à 6,63 milliards de couronnes suédoises (mise à jour) -Le 10 mars 2025 à 07:49

    March 9, 2025
    Our Picks

    3 Federated Hermes Mutual Funds to Add to Your Portfolio

    October 9, 2026

    CAPM BDBL Mutual Fund-01 unitholders approve conversion to open-end fund

    October 9, 2026

    Debt mutual fund turn volatile on RBI repo rate hike

    October 9, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.