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2024 Bond: Building for Tomorrow

The Summit School District Board of Education is considering placing bond and mill-levy override (MLO) questions on the November 5, 2024 ballot. If approved by voters, the additional funding will support the district’s highest priority needs, including building maintenance, teacher and staff housing, career and technical education, and teacher and staff retention. 

The proposed bond investments will prioritize housing to support teacher and staff recruitment and retention; critical building maintenance across the district; investments in career and technical education through a dedicated Innovation Center; and safety, security and technology improvements. 

The MLO will provide additional teachers and resources for CTE programs in skilled trades; business and marketing; computer science; health sciences; natural resources and outdoor leadership, and education. The MLO will also allow the district to further invest in its teachers and staff and provide safe, secure and healthy classrooms and school environments.

The following pages/links will provide additional information about these priority areas and how the district will invest community resources to support students, families, teachers and staff.

2024 Proposed Bond Initiative

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Dedicated educational spaces for career and technical education
Future-Ready Students- Job Ready Job Skills in High Demand Career Sectors

  • Develop a CTE and Innovation facility to support exceptional learning environments with high-quality, hands-on classrooms for career and technical education that will open pathways for employment in high demand jobs locally and statewide.

  • Provide the education that today’s students will need for tomorrow’s jobs and careers, including access to Future-Ready Pathways such as Healthcare, Business/Mktg/Entrepreneurship, Computer Science, Advanced Manufacturing/Engineering, Skilled Trades, and Natural Resources/Outdoor Leadership, Human Services & Education.

  • Snowy Peaks- Rebuild and relocate school on SHS site in order to increase access to CTE and Pathway learning.

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Workforce Housing for Teachers & Staff

  • Develop employee housing on the old Summit Education Center site in Silverthorne. Considering up to  60 units of affordable housing to be built on the former site of the Silverthorne Elementary School building in Silverthorne for staff and teachers.

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Safe & High Quality Learning Environments

  • Address building safety, critical repairs, security technology and internet connectivity.

  • Upgrade existing spaces including HVAC systems, roofs, restrooms, athletic spaces and kitchen equipment.

  • Provide additional space for student mental health support and other services.

  • Breckenridge Elementary- Explore options related to extending the life of the building, consolidating with Upper Blue Elementary or rebuilding on the existing site or exploring alternative options. It is not an unsafe place for kids, but the building is at a point where we need to consider fiscally responsible options for the future. 

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Fiscal Impact

The District took advantage of incredibly low interest rates and its Aaa bond rating in 2021, when it refinanced existing bonds and saved Summit taxpayers over $623,000 in interest expense.  

Summit School District will make the final payment on its 2004 bond issue this December. This payoff of a portion of the District’s bonds will result in a reduction of $1. million in district taxes next year.

This upcoming drop in the bond payment and a nearly 2 mill drop in the total mill levy paid to SSD in 2024 has provided an opportunity to present the community with the 2024 bond proposal to address the District’s most critical facility and instructional needs at a low cost to taxpayers.

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Students and teachers engaged in dynamic learning environments at Summit School District

 

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Get Involved: Your Voice Matters

Join us in this essential conversation to refine our facilities for future generations. Participate in surveys, attend community meetings, and learn how you can support the bond initiative. Email communications@summitk12.org.