Ballot Issue 4A

Denver Public Schools Bond Issue

WITHOUT IMPOSING ANY NEW TAX, SHALL DENVER PUBLIC SCHOOLS DEBT BE INCREASED BY $975 MILLION WITH A REPAYMENT COST OF $1900 MILLION TO FINANCE CAPITAL IMPROVEMENTS OF THE DISTRICT, INCLUDING BUT NOT LIMITED TO:

• IMPROVING STUDENT SAFETY IN SCHOOL BUILDINGS AND IMPROVING SCHOOL SECURITY WITH MORE SECURE ENTRANCES, WEAPONS DETECTION, AND CRISIS COMMUNICATIONS TECHNOLOGY;
• MAINTAINING AND RENOVATING EXISTING SCHOOL BUILDINGS BY REPLACING LEAKING ROOFS, MAKING CRITICAL STRUCTURAL REPAIRS, AND ADDRESSING OUTDATED ELECTRICAL AND FIRE SYSTEMS;
• PROVIDING COOLING SYSTEMS FOR HIGH-TEMPERATURE CLASSROOMS AND SCHOOLS THAT LACK AIR CONDITIONING;
• ADDRESSING OVERCROWDING AND REDUCING CLASS SIZE BY BUILDING NEW SCHOOLS AND EXPANDING CAPACITY IN EXISTING SCHOOLS;
• IMPROVING LEARNING ENVIRONMENTS IN OLDER SCHOOL BUILDINGS BY UPGRADING SCIENCE AND COMPUTER LABS AND MODERNIZING CLASSROOM INSTRUCTIONAL TECHNOLOGY;
• BUILDING AND IMPROVING SPACES FOR WORKFORCE AND CAREER READINESS COURSES, AS WELL AS VOCATIONAL, TECHNICAL, AND TRADE PROGRAMS;

AND OTHER CAPITAL ACQUISITIONS OR IMPROVEMENTS; AND SHALL THE TAXES AUTHORIZED AT THE DISTRICT’S BOND ELECTIONS IN 1998, 2003, 2008, 2012, 2016, AND 2020 BE EXTENDED AND AUTHORIZED TO BE USED TO PAY THE DEBT AUTHORIZED AT THIS ELECTION IN ADDITION TO THE DEBT AUTHORIZED AT SUCH PRIOR ELECTIONS; AND SHALL THE MILL LEVY BE INCREASED IN ANY YEAR, WITHOUT LIMITATION OF RATE BUT ONLY IN AN AMOUNT SUFFICIENT TO PAY THE PRINCIPAL OF, PREMIUM, IF ANY, AND INTEREST ON SUCH DEBT OR ANY REFUNDING DEBT (OR TO CREATE A RESERVE FOR SUCH PAYMENT); AND MAY SUCH DEBT BE EVIDENCED BY THE ISSUANCE OF GENERAL OBLIGATION BONDS OR OTHER MULTIPLE FISCAL YEAR OBLIGATIONS THAT BE SOLD IN ONE SERIES OR MORE, FOR A PRICE ABOVE OR BELOW THE PRINCIPAL AMOUNT THEREOF, ON TERMS AND CONDITIONS, AND WITH SUCH MATURITIES AS PERMITTED BY LAW AND AS THE DISTRICT MAY DETERMINE?