What is a Mill Levy?

Both a bond and mill levy are types of funding drawn from property taxes to support public projects and services. A mill levy funds ongoing operational needs such as teachers, software, school nurses, and social-emotional supports. While a bond funds the physical building of schools and classrooms, the mill levy funds bring the classrooms to life.

In August of 2020 the Board of Education will vote on the funding package that was recommended by the Community Planning and Advisory Committee and decide whether to include a bond measure and mill levy override on Denver’s November 2020 ballot. Included in the mill levy package is allocated funding for: supporting workers at the low end of the wage scale, and increasing nursing, counseling, psychology and special education services.

Visit the FAQs for more details on the bond and mill levy, and see below for an informational video: