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Independent School District • CO
Cherry Creek School District 5
Public Bond Indebtedness, Interest Obligations & Debt Service Tax Pressure
98% Conf.
Tax Drift Index
60/ 100
Elevated Drift Risk
Cherry Creek School District 5 Bond Carrying Cost Briefing
MSRB EMMA Official Bond Filings & State Education AgencyAugust 2026
Cherry Creek School District 5 in Arapahoe County, CO carries 1400M in outstanding voter-approved capital bond indebtedness ($25,500/student), requiring an adopted millage rate of 0.510% to service ongoing facility and operational obligations.
M&O Rate: 0.4%I&S Debt Rate: 0.1%Combined Rate: 0.5%
Total Outstanding Bond Debt
$1.4B
Voter-Approved Capital Bonds
Debt Burden Per Student
$25,500
Among Top 5% Nationally
Student Enrollment
54,902
Active K-12 Student Population
Annual Debt Interest Service
$67.2M
Annual Interest & Sinking Outflow