COLORADO SPRINGS, COLO. -- Your kid's school could be facing big cuts, and the they may find themselves in extremely crowded classrooms come school year.

It's because a bond measure put up by District 49 failed during last week's election, and now students in D-49 may pay the price.

The bond would have given the district $125 million to fund new construction and reduce class size, but voters said no to the property tax increase.

The head of the D-49 school board said since the bond failed, the district will have to keep using leased modulars and other temporary buildings for classrooms.

District leaders said the money they will spend to continue leasing modulars will take money out of the classroom.

"We are growing, and have been growing and expect to continue," district spokeswoman Stephanie Meredith said.

The head of the D-49 school board said he hoped the bond would pass so they could reduce class size because there is a direct link between class size and student achievement.

Now D-49 said not only will overcrowded classes likely get bigger, but there will have to be other cuts to balance the budget.

Bus service could be reduced or cut altogether, and sports, music programs and clubs could also face elimination.

District leaders stress the coming cuts will be extreme, and they say everything is on the table.

"These are gonna be painful cuts because we've already cut a lot because of state budget cuts," Meredith said.

The school board president said the state will likely ask his district to return $2.5 million in funds so the state can balance its budget.