Where Does The Money Come From?

The majority of revenue, 78 percent, becomes available through the Colorado Public School Finance Act, local sources account for 19 percent and 3 percent from other sources. This revenue is determined through the school finance formula which utilizes local property taxes, state-equalized specific owernership taxes, and state funds.

Beginning Fund Balance	$19,333,147
Revenues:
Property Taxes	47,930,323
Specific Ownership Taxes	5,111,186
Interest Income	900,000
Other Local Income	3,124,159
State/Federal Revenue	66,396,968
Transfers In	247,397
Total Revenues	123,710,033
Total Funds Available	$143,043,180

Where Does The Money Go?

Approximately $.74 of every dollar is devoted to instructional activities. Included are salaries and benefits, supplies, and other costs related to instruction of students, as well as building administration and special programs. Total support services account for $.23 of every dollar spent. The largest areas of expenditure in the component are human resources, instructional services, and property management. Transfers to the Insurance Reserve Fund and Student Athletics and Activities Fund account for $.03 of every dollar spent.

Expenditures/Expenses
Salaries	$82,106,551
Benefits	18,959,021
Purchased Services	9,123,465
Supplies	6,310,995
Capital Outlay	987,578
Other Expenditures	205,233
Charter Schools	5,963,257
Transfers Out	3,365,646
Total Expenditures	$127,021,746
Ending Fund Balances	16,021,434
Total Appropriation	$143,043,180

Salaries	65%
Benefits	15%
Purchased Services	7%
Supplies	5%
Charter Schools	5%
Transfers	2%
Capital/Other	1%