Voters approve tax hike for Cherry Creek schools
Voters in the Cherry Creek school district said yes to two pricey ballot measures that will fund budget shortfalls.
According to unofficial election results, Question 3A, which authorizes a $25 million mill-levy override, passed with 58 percent of the vote.
The district says the tax is necessary to stabilize class size and fund instructional materials.
With 55 percent of the vote, 3B authorizes a bond that will put up to $125 million in the district’s pocket for new construction, as well as upgrades in technology and security throughout the district.
School officials point to budget reductions and a growing student population as prime reasons for the initiative, saying they’ve had to operate on the same funding levels as the 2006-2007 school year, despite adding 2,700 students.
Combined, the two measures would cost the owner of home valued at $300,000 in the district about $8 per month, or $96 per year, in additional property taxes, according to officials.