Watch CBS News

Unique Proposal To Raise Funding For Aspen Schools Draws Attention

By Matt Kroschel

ASPEN, Colo. (CBS4) - School board members in one of Colorado's wealthiest mountain towns are considering selling names rights to school building to help raise funds for the district.

Aspen Education Foundation
(credit: Aspen Education Foundation)

The Aspen Education Foundation executive director Brooke Bedingfield told CBS4 the proposal would help with a budget crisis many districts across the state currently face.

Bedingfield told reporter Matt Kroschel people who give $1 million or more could have the opportunity to possibly name a building. Officials estimate the unique proposal could net upwards of $15 million for the district.

Matt Kroschel covers news throughout Colorado working from the CBS4 Mountain Newsroom. Send story ideas to mrkroschel@cbs.com and connect with him on Twitter @Matt_Kroschel.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.