ACC Student Bond Fee - RESULTS Update

LITTLETON, CO (November 21, 2016)

The results of the student vote are in for the student fee referendum and it did not pass. The vote was 145 No to 143 Yes.


November 14 - 18
Vote for a new ACC Campus in Castle Rock!

There will be a student vote concerning the proposal of an incremental student bond fee for the purpose of constructing a new building for a Castle Rock  collaboration campus to serve ACC student needs. ACC will have a variety of forums available for students to ask questions prior to the voting week. Check our events page for dates, times and locations.

The new Castle Rock collaboration campus is an exciting opportunity for ACC to provide more opportunities to our service area, bring a four-year educational opportunity through a collaboration partnership with CSU, and serve Douglas County schools, employers and industry in the Castle Rock area.

The Castle Rock collaboration campus partially funded by this fee will include ACC instructional space, space leased by Colorado State University Fort Collins with the purpose of offering courses towards bachelor’s degrees, a partnership with Douglas County Schools, and collaborative space for companies and industry to partner with ACC and CSU to offer students hands-on, integrated work-specific labs, learning and internships. The collaboration campus will be available for all ACC students. The intent is to have the campus open Fall 2019.
 
Per SBCCOE Board Policy 4-20 bond fees are defined as: A new fee or fee increase (in excess of inflation only) assessed for the construction, renovation, and /or operation of auxiliary or academic facilities or operations.

Currently, students who attend courses on the Littleton campus pay a bond fee of $2.80 per credit hour. This referendum would initially expand this fee to all students who take ACC courses effective Fall 2017.
 
From November 14 through November 18, 2016 all enrolled ACC students will have the opportunity to vote yes or no on the following:

ACC Student Election Concerning Fees
November 14 – 18, 2016

Referendum

Shall the current bond fee of $2.80 per credit be assessed to all students, incrementally increased and be paid by all enrolled students for the purpose of constructing a new collaboration campus in Castle Rock? The construction project bond will be a 30-year bond.

All students shall be assessed the bond fee start fall semester 2017 and the fee incrementally increase each fall semester per credit hour not to exceed 12 credit hours per semester under the following schedule:

Timeline for fees Fee Amount per credit hour Maximum total fee per term if enrolled in 12 or more credits Annual Collected Fees
Current fee Fall 2017 $2.80 $34.20 $352,254
Fall 2018 $2.91 $34.92 $359,670
Fall 2019 $4.00 $48.00 $494,392
Fall 2020 $6.00 $72.00 $741,588
Fall 2021 $8.00 $96.00 $988,784

 

After fall 2021 the fee may only be increased by the annual cost of inflation without a vote of the students. For reference, the cost of inflation increase allowable for 2016-17 was 1.2%.

 

Read the FAQs about the Bond Fee and ask your questions.