Ballot Questions

The following resolutions were unanimously approved by the Steamboat Springs Board of Education on August 26, 2019

The Board has determined that it is in the interest of the District to ask the voters to consider a tax increase for staff wages and benefits as described in Question 4A set forth below to provide additional funds for the District’s general operating expenses pursuant to Section 22-54-108, C.R.S.

QUESTION 4A – TAX INCREASE FOR WAGES AND BENEFITS:

SHALL STEAMBOAT SPRINGS SCHOOL DISTRICT NO. RE-2 TAXES BE INCREASED $1,200,000 IN 2019 (FOR COLLECTION OF TAXES IN 2020) AND IN EACH YEAR THEREAFTER AND INCREASED FOR INFLATION BASED ON THE ANNUAL CHANGES IN THE DENVER-BOULDER-GREELEY CONSUMER PRICE INDEX FOR GENERAL FUND PURPOSES SUCH AS:

  • PROVIDING WAGE AND BENEFIT INCREASES TO ATTRACT AND RETAIN QUALITY TEACHERS AND ALL STAFF;

AND SHALL SUCH TAX INCREASE BE AN ADDITIONAL PROPERTY TAX MILL LEVY IN EXCESS OF THE LEVY AUTHORIZED FOR THE DISTRICT’S GENERAL FUND, PURSUANT TO AND IN ACCORDANCE WITH SECTION 22-54-108, C.R.S.; AND SHALL THE DISTRICT BE AUTHORIZED TO COLLECT, RETAIN AND SPEND ALL REVENUES FROM SUCH TAXES AND THE EARNINGS FROM THE INVESTMENT OF SUCH REVENUES AS A VOTER APPROVED REVENUE CHANGE UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION?

The Board has determined that it is in the interest of the District to ask the voters to consider a tax increase described in Question 4B set forth below for operating dollars specifically related to the cost of operating the new school and building additions and will only be levied if the debt question in Question 4C is also approved.

QUESTION 4B - TAX INCREASE FOR OPERATION OF NEW PREK-8 AND OTHER FACILITIES:

SHALL STEAMBOAT SPRINGS SCHOOL DISTRICT NO. RE-2 TAXES BE INCREASED NOT MORE THAN $2,800,000 NOT EARLIER THAN COLLECTION YEAR 2022, AND IN EACH YEAR THEREAFTER FOR GENERAL FUND PURPOSES, INCLUDING BUT NOT LIMITED TO:

  • PROVIDING OPERATIONAL SUPPORT FOR NEW PREK-8 SCHOOL FACILITY, AND OPERATIONAL COSTS AT OTHER DISTRICT FACILITIES;

PROVIDED, HOWEVER, THAT SUCH TAX INCREASE SHALL ONLY TAKE EFFECT IF THE QUESTION TO APPROVE AN INCREASE IN DISTRICT DEBT TO CONSTRUCT A NEW PRE-K THROUGH 8TH GRADE FACILITY AND ADDING ADDITIONS TO, RENOVATING, AND/OR IMPROVING EXISTING FACILITIES IS APPROVED BY THE VOTERS AT THIS ELECTION;

AND SHALL SUCH TAX INCREASE BE AN ADDITIONAL PROPERTY TAX MILL LEVY IN EXCESS OF THE LEVY AUTHORIZED FOR THE DISTRICT’S GENERAL FUND, PURSUANT TO AND IN ACCORDANCE WITH SECTION 22-54-108, C.R.S.; AND SHALL THE DISTRICT BE AUTHORIZED TO COLLECT, RETAIN AND SPEND ALL REVENUES FROM SUCH TAXES AND THE EARNINGS FROM THE INVESTMENT OF SUCH REVENUES AS A VOTER APPROVED REVENUE CHANGE UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION?

The Board has determined that it is in the interest of the District to ask the voters to consider a debt increase for capital projects and improvements as described in Question 4B set forth below, all at a cost estimated at approximately $79,500,000 (the “Project”).

QUESTION 4C - DEBT FOR NEW PREK-8 AND CAPITAL IMPROVEMENTS AT OTHER DISTRICT SCHOOLS:

SHALL STEAMBOAT SPRINGS SCHOOL DISTRICT NO. RE-2 DEBT BE INCREASED $79.5 MILLION, WITH A REPAYMENT COST NOT TO EXCEED $137 MILLION AND SHALL DISTRICT TAXES BE INCREASED NO MORE THAN $8.3 MILLION ANNUALLY FOR DISTRICT CAPITAL PURPOSES, INCLUDING:

  • CONSTRUCTING AND EQUIPPING A NEW PREK-8 SCHOOL ON DISTRICT OWNED PROPERTY ON THE WEST SIDE OF TOWN;
  • ADDING ADDITIONS TO, RENOVATING, AND/OR IMPROVING EXISTING FACILITIES TO COMPLETE PRIORITY PROJECTS SUCH AS SAFETY AND SECURITY IMPROVEMENTS, INCLUDING IMPROVEMENTS TO SODA CREEK ELEMENTARY, STRAWBERRY PARK ELEMENTARY, NORTH ROUTT COMMUNITY CHARTER, STEAMBOAT SPRINGS MIDDLE SCHOOL AND STEAMBOAT SPRINGS HIGH SCHOOL, YAMPA VALLEY HIGH SCHOOL, AND OTHER SPACES SUCH AS THE HUMAN SERVICES CENTER;

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 REFUNDING DEBT (OR TO CREATE A RESERVE FOR SUCH PAYMENT), PROVIDED THAT SUCH AMOUNT SHALL NEVER EXCEED $8.3 MILLION ANNUALLY; SUCH DEBT TO BE EVIDENCED BY THE ISSUANCE OF GENERAL OBLIGATION BONDS OR OTHER MULTIPLE-FISCAL YEAR FINANCIAL OBLIGATIONS; TO BE SOLD IN ONE SERIES OR MORE, FOR A PRICE AT, ABOVE OR BELOW THE PRINCIPAL AMOUNT OF SUCH SERIES, ON TERMS AND CONDITIONS, AND WITH SUCH MATURITIES AS PERMITTED BY LAW AND AS THE DISTRICT MAY DETERMINE, INCLUDING PROVISIONS FOR REDEMPTION OF THE DEBT PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF THE PREMIUM OF NOT TO EXCEED THREE PERCENT; AND SHALL SUCH TAX REVENUES AND THE EARNINGS FROM THE INVESTMENT OF SUCH DEBT PROCEEDS AND TAX REVENUES BE COLLECTED, RETAINED AND SPENT AS A VOTER APPROVED REVENUE CHANGE UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW?