New Schools and Facilities Improvements

Bond Projects Now Underway

PSD voters approved a bond and mill levy override in November 2016. The $375 million bond will pay for building three new schools, an athletics complex, transportation maintenance facility, and an addition to Zach Elementary School. The bond will also fund $40 million of improvements to every existing school. The $8 million mill levy override will pay for operating costs of the new buildings, as well as technology refresh and other materials and operating costs associated with growth.

The new schools and facilities improvements are part of the district's long-range plan to accommodate anticipated student growth over the next few years.  

Court cases delayed the work, but PSD ultimately prevailed in litigation in fall 2018. PSD's Board of Education in September approved the issuance of bonds, clearing the way for construction.


PSD hard at work on bond projects

This summer, PSD is making improvements across the district by renovating media centers, replacing furniture, updating heating and ventilation systems, and adding space to Zach Elementary School to increase the school’s enrollment capacity to 600 students, to name just a few projects. You can read about the latest projects and watch video updates in this 2016 Bond and Mill Summer News Update.


2016 Bond

$375 million bond financing (no increase to current tax rate) will pay for:

  • New Schools/Addition: $295.6 million
  • New Athletic Complex: $6.225 million
  • Transportation Maintenance Facility- North Terminal: $11.3 million
  • Ongoing Facilities Improvements: $40 million
  • Bond Issue Expenses: $2 million
  • Bond Project Coordination: $7.875 million
  • Bond Project Reserve: $12 million

 

    New schools and construction

    • New Middle/High School on Prospect Road -  opening fall 2022

    • New Middle/High School in Wellington - opening fall 2022

    • New Southeast Elementary School - opening fall of 2021

    • Additional Construction:

      • Zach Elementary School addition - opening winter 2019

      • New Athletics Complex at the Prospect Site - opening fall 2021

      • New Transportation Maintenance Facility, North Terminal  - opening fall 2022

      • New Futures Lab - educational programming begins in 2019 with classes located at Fort Collins High School until a permanent location is established. Funding for this program will include multiple sources and may include a portion of the 2016 bond premium. All projects included in the original 2016 bond program will be fully funded.

     

    Facilities improvements

    See the "Ongoing Facilities Improvements" list and schedule here.

    $40 million:

    • School-based requests: $12 million
    • Facilities deferred maintenance: $28 million


    2016 Mill Levy Override

    $2 million - $8 million (phased in over two years) will pay for:

    • Start-up costs for new buildings

    • School-based staff salaries (principals, assistant principals, Integrated Services coordinators, English Language Learners staff, mental health staff, school resource officers, Child Nutrition staff, etc.)

    • Facilities staff salaries 

    • Materials and equipment for operations tied to growth (buses, custodial, staff, etc.)

    • Technology refresh costs associated with growth