Passing the school bond: a community solution to a local problem.
Government Finance Review › Vol. 8 Nbr. 2, April 1992
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Summary
Colorado's City of Montrose, County of Montrose and RE-1J School District's cooperative solution to deteriorating school facilities
The City of Montrose, County of Montrose and RE-1J School District have arrived at a cooperative agreement to finance the construction of school facilities in Montrose, CO. The failure of the city to get school bond approval from voters since 1973, has resulted in the deterioration of school facilities, prompting moves to create a cooperative solution. The City and the County of Montrose agreed to appropriate 1% of sales and use tax to the project while the RE-1J School District pledged a $4 million bond issue. The electorate approved the plan on Feb 5, 1991.See the full content of this document
Extract
Passing the school bond: a community solution to a local problem.
The City of Montrose, Colorado, home of the Black Canyon National Monument, is a progressive community located in a valley surrounded by mountains in the southwestern part of Colorado. Montrose was carved from the heritage of the old west, steeped in Indian, mining and cowboy lore, and...
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