After researching previous bonds passed by voters, it becomes clear that the total debt is substantial. The Rise Denver bond in 2021 was $260 million, and the Elevate Denver Bond in 2017 was $937 million.
The current bonds, 2A to 2E, total up to $950 million.
The total for all of these Denver bonds adds up to more than $2 billion.
The mill levy could decrease if voters reject the bonds, but it may also increase to pay for the debt if property values decrease. As a resident of Denver County, where expenses have risen significantly this year, it's essential to consider the financial implications.
Author's summary: Rejecting Denver's bonds can help avoid irresponsible debt.