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Media Release: DPS Board of Education Unanimously Approve 2024 Bond Proposal

August 16, 2024

Denver Public Schools Board of Education Unanimously Approves

$975 Million Bond Package


DENVER — On Thursday, Aug. 15, 2024, the Denver Public School’s Board of Education unanimously approved a $975 million dollar bond package for the state’s largest school district.


This significant investment in the future of DPS was formulated by the Community Planning and Advisory Committee (CPAC), a group of 72 members, led by six co-chairs, who dedicated six months as volunteers to help prioritize the needs of our schools.

The bond package, which will be presented to Denver voters on Nov. 5, 2024, aims to address crucial areas such as safety and security, innovation, teachers, and major maintenance projects.


If approved, this one-time investment in capital projects will be funded by existing property tax dollars and will support air conditioning, critical maintenance, accessibility, safety, technology, and quality learning environment upgrades in DPS schools.


The DPS 2024 bond proposal will require an increase in the district’s bond debt but will not increase property taxes.


The financial breakdown of the 2024 bond package is as follows:


Critical maintenance: $301 million

Air conditioning: $240 million

Arts, athletics, and innovation: $127 million

New facilities: $124 million

Learning environments: $100 million

Safety and technology: $83 million


"As President of the Denver Board of Education and a former DPS teacher of 33 years, it is my honor to approve the 2024 bond package proposal that was created by the volunteer-led Community Planning and Advisory Committee,” said Board of Education President Dr. Carrie A. Olson. “The Board is confident that this bond package will positively impact the lives of our DPS students, and will help to ensure that a world-class education is available for every student, right here, in our beloved city of Denver."


Denver Public Schools is committed to providing the best possible educational experience for its students. This bond package will play a vital role in ensuring that our schools have the necessary resources to create a safe, innovative, and inclusive learning environment where all students thrive.


For more information about the bond package and its impact on Denver Public Schools, please visit www.ourwordourbonddps.org/2024-bond.


-DPS-

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