Work Session - May 27, 2026

The Colorado Springs School District 11 held a work session on May 27, 2026, focused primarily on discussing financial strategies related to a potential bond package. The session included presentations from district officials and financial advisors from RBC regarding options for structuring a bond issuance to fund capital improvement projects and teacher compensation increases. Key topics included the proposed bond amount of up to $775 million, phased issuance to mitigate tax impacts, and the tax implications for residential and commercial property owners. The board discussed amortization schedules ranging from 20 to 30 years, weighing the trade-offs between total repayment costs and annual tax impacts. The bond proceeds are intended for significant capital projects such as rebuilding Holmes Middle School, HVAC upgrades across schools, and increasing teacher salaries to be competitive in the region. The session also addressed how bond funds would be allocated to charter schools under the same restrictions as district schools. Board members expressed a preference for a balanced approach that minimizes taxpayer burden while ensuring adequate funding for district needs. No formal vote was taken, but the discussion aimed to guide future ballot language and financial structuring decisions.