Teller County referendum 3B asks:
Starting in 2003, the bond debt would raise property taxes by $84 a year for every $100,000 of value on a home.
It would exempt the new revenue from constitutional revenue caps and make money available to construct new buildings, repair existing facilities and expand and remodel the high school, middle school and other school buildings in the school district.
Supporters say the Referendum will help reduce class sizes, provide critical life safety repairs in existing buildings, and expand existing buildings.
Those against it say the $14.6 million bond will cost the people of teller county $31.7 million during the life of the bond.
They say the district should have saved money, and ask why voters should reward irresponsible budgets.
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