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Amid Looming Cuts, Cherry Creek District to Vote on Tax Increase, Bond

from Centennial Citizen

Amid Looming Cuts, Cherry Creek District to Vote on Tax Increase, Bond Centennial Citizen The Cherry Creek school board voted unanimously Aug. 3 to call for a November election for residents to vote on a tax increase and bond that would help close the gap torn in the district's budget by the effects of the coronavirus pandemic, according to a letter to the community from Superintendent Scott Siegfried. To use a bond is to issue a debt to investors that the district eventually will pay back with interest. School districts often use bonds for projects such as construction and building maintenance. READ MORE

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