Schools to Undergo Replacements, Additions, and Safety Improvements With Funding
Dec. 11, 2025 (DENVER) — The Colorado Department of the Treasury is issuing close to $123 million in Building Excellent Schools Today (BEST) program financing this year, supporting four school districts as they launch critical school construction and renovation projects.
“This year’s BEST financing positions Colorado to make meaningful, long-term investments in diverse communities across the state,” said Colorado State Treasurer Dave Young. “BEST continues to deliver on the school improvements our students deserve. These investments will support generations of Colorado students and their families.”
BEST financing supports K-12 infrastructure improvements, including new school buildings, major renovations, and health and safety upgrades. Voters in three of the four districts recently approved local ballot measures to help fund the projects.
This year’s financing supports the following districts:
- Aguilar Reorganized School District No. 6 - $16.05 million
- Haxtun RE-2J School District - $30 million
- Norwood School District No. R-2J - $60.3 million
- Widefield School District No. 3 - $16.32 million
Colorado achieved an interest rate just under four percent on the issuance, a notable outcome made possible by the coordinated work of the Treasury, the Attorney General’s Office, and financial advisors at Piper Sandler. With financing now underway, districts will begin working with architects and contractors to advance project design, planning, and construction.
“In a small town like Haxtun, the school and community are deeply interconnected. The planned additions and renovations will meaningfully improve our campus for decades to come,” said Haxtun Superintendent Aron Jones. “Without BEST funding, our district would not have the means to make these critical improvements in safety, accessibility, and educational quality.”
These investments mark another step in strengthening Colorado’s school infrastructure. The Treasury will continue to work with local communities to provide safe, modern facilities for Colorado students.
For more information on the BEST program, visit treasury.colorado.gov/programs/best-program
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About the Colorado Department of the Treasury
The Colorado Department of the Treasury is the constitutional guardian of the public’s funds. It is the Treasury’s duty to manage and account for the taxpayers’ dollars from the time they are received until the time they are disbursed. The Treasury’s staff is committed to safeguarding and managing the people’s monies with the same diligence and care as they do their own. For more information, visit colorado.gov/treasury.