Debt and Mill Levy
District’s Financial Obligations
Debt Authorized for Public Infrastructure:
Maximum Mill Levy to Repay Public Infrastructure Debt (Debt Service Mill Levy): ____ mills, subject to adjustment as set forth in the Service Plan
Types of Revenue Used to Repay Public Infrastructure Debt:
For additional information on property taxes, please visit the Colorado Property Tax Map. It was launched by the Department of Local Affairs (DOLA) in May 2025.
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District’s Financial Obligations
A. Maximum Debt Service Mill Levy: 50 mills, subject to adjustment as set forth in the Service Plan.
B. Current Debt Service Mill Levy: 0 mills
C. The District does not have any outstanding debt and anticipates issuing debt in the future.
G. The District is party to the following developer reimbursement agreements:
- Reimbursement Agreement with AIPA Colorado Investments, LLC, dated December 16, 2021
a. Term: Automatic annual renewal unless one party provides notice of its intent not to renew
b. Interest rate: 8% - Facilities Funding and Acquisition Agreement with AIPA Colorado Investments, LLC dated December 16, 2021
a. Term: December 31, 2051
b. Interest rate: 8%