Poudre School District voters will be asked this November whether to approve an $18 million property tax increase, after the PSD Board of Education voted at its Aug. 27, 2019, meeting to refer the measure to the 2019 ballot.
If the mill levy override passes, PSD will collect $18 million annually starting in the 2019-2020 budget year.
The $18 million generated annually would be used for:
- Increasing first-year teacher salaries to a competitive level, beginning in the 2020-2021 budget year,
- Restructuring the teacher salary schedule to maintain competitive wages and allow PSD to recruit and retain high-quality teachers,
- Maintaining competitive wages for support staff, including classified employees such as bus drivers, paraprofessionals, child nutrition staff and custodians.
- Supporting students’ mental health, by hiring mental health professionals, such as counselors, and
- Enhancing safety and security.
PSD-authorized charter schools would receive their pro rata share per state statute. No revenue from this tax will be used for administration salaries or capital improvements. A Mill Levy Override Committee will monitor expenditures.
Colorado ranks among the lowest in the nation in state K-12 education funding. PSD is a floor-funded district, which means it gets the lowest amount of per-pupil revenue (PPR) allowed by law. PSD is among about a dozen floor-funded districts that receive less PPR from the state than the vast majority of Colorado’s 178 districts.
For more factual information from PSD, including answers to "Frequently Asked Questions," visit the 2019 Mill Levy Override web page.