Capital Improvement Planning
2006 Bond wraps up
In November 2006, Boulder Valley School District voters generously authorized a bond issue allowing the district to borrow $296.8M for critical repairs and capital improvements to district infrastructure. The 2006 measure was different from many prior Bonds both in the unprecedented amount and because the money would be used to fund improvements in every school in the District.
The successful election was the fruition of nearly four years of work by the Capital Improvement Planning Committee and District staff which produced the Educational Facility Master Plan describing the improvements slated for each school. The work outlined in the master plan was completed in June 2012.
The program can be considered a success by many measures. The Bond Program finished ahead of schedule, and through interest earnings and project savings, provided more than $14M in added value to schools above the original $296.8M.