When there is a reorganization under the provisions of this article and the final approved plan of organization requires an election concerning financial matters, the chair of the committee shall call for a special election concerning financial matters in the new or annexing school district. The special election shall be held on the date specified in the final approved plan of organization and may be held in conjunction with the election on the approved plan of organization. If a mill levy increase is required under the final approved plan of organization for any territory affected by the final approved plan of organization, approval of such a mill levy increase by the eligible electors residing in such territory is a prerequisite to adoption of the final approved plan of organization.
Source: L. 96: Entire section added, p. 58, § 12, effective July 1.
Structure Colorado Code
Article 30 - School District Organization Act of 1992
Part 1 - New or Annexing School District Organization
§ 22-30-102. Legislative Declaration
§ 22-30-104. Conduct of Elections
§ 22-30-105. Activation of the School District Organization Planning Process
§ 22-30-106. School Organization Planning Committee
§ 22-30-107. Duties of the Committee
§ 22-30-107.5. Duties of Affected School Districts
§ 22-30-109. Meetings - Notice
§ 22-30-110. Names Certified to Commissioner
§ 22-30-111. Compensation - Expenses
§ 22-30-112. Department Consultants
§ 22-30-113. Duties of the Attorney General
§ 22-30-114. Requirements for Plan of Organization
§ 22-30-115. Hearing on a Plan of Organization
§ 22-30-116. Approval of the Plan and Submission to the Commissioner
§ 22-30-117. Special School District Organization Election Scheduled
§ 22-30-118. Meeting to Explain Final Approved Plan
§ 22-30-119. Certificate of Return - Map
§ 22-30-120. New School District - Powers
§ 22-30-120.5. Effective Date for Purposes of School Finance
§ 22-30-121. Rejection of Final Approved Plan
§ 22-30-121.5. New School District - Election Concerning Financial Matters
§ 22-30-122. Election of School Directors in New School Districts
§ 22-30-123. Status of Old School District - Assets
§ 22-30-124. Existing Bonded Indebtedness
§ 22-30-125. Election on Assuming the Existing Bonded Indebtedness
§ 22-30-126. Limit of Bonded Indebtedness - New School District