SHALL LAKE COUNTY SCHOOL DISTRICT NO. R-1 TAXES BE INCREASED UP TO $1,200,000 ANNUALLY COMMENCING IN COLLECTION YEAR 2025 AND IN EACH YEAR THEREAFTER THROUGH DECEMBER 31, 2040, AND INCREASED IN ANY YEAR FOR INFLATION BASED ON THE ANNUAL CHANGES IN THE DENVER-BOULDER CONSUMER PRICE INDEX FOR GENERAL FUND PURPOSES, INCLUDING BUT NOT LIMITED TO:
-ATTRACTING AND RETAINING QUALITY TEACHERS AND STAFF;
-PROVIDING FUNDING FOR FACILITIES, MAINTENANCE AND CAPITAL RENEWAL;
-ANY FUNDS EXPENDED PURSUANT TO THIS QUESTION SHALL BE SUBJECT TO STATE LAWS, REGULATIONS AND DISTRICT POLICIES FOR ACCOUNTABILITY AND TRANSPARENCY;
-AND SHALL SUCH TAX INCREASE BE AN ADDITIONAL PROPERTY TAX MILL LEVY IN EXCESS OF THE LEVY AUTHORIZED FOR THE DISTRICT'S GENERAL FUND, PURSUANT TO AND IN ACCORDANCE WITH SECTION 22-54-108, C.R.S.;
AND SHALL THE DISTRICT BE AUTHORIZED TO COLLECT, RETAIN AND SPEND ALL REVENUES FROM SUCH TAXES AND THE EARNINGS FROM THE INVESTMENT OF SUCH REVENUES AS A VOTER APPROVED REVENUE CHANGE UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION?