District Adopted Budget
State law requires the Board of Education to adopt and appropriate a budget for all District funds each year. The Budget serves three primary purposes:
- It is a planning document for the Board of Education, the Superintendent, and District staff for financing educational programs.
- It enables the Board of Education to determine the dollars necessary for funding various programs and to make appropriations consistent with state laws and District policies.
- It is an instrument of control in spending practices. It indicates the current year’s relative position of expenditures to estimated available dollars, and identifies the expenditures for preceding years.
The St. Vrain Valley School District’s annual General Fund operating budget is used to teach students, to purchase textbooks and other classroom supplies, for student transportation, and to maintain school buildings and grounds. It funds special education programs, school-based focus programs, charter schools and programs for students for whom English is a second language. It is used to pay salaries for teachers and other staff, provide health and retirement benefits, and support additional ongoing professional training.
In addition to the FY23 General Fund expenditure budget of $404.8 million, the District manages 11 other funds. Separate from the General Fund, expenditure budgets for all other funds total approximately $159.7 million. A summary and description of some of these funds are listed below.
Dedicated Revenue Funds such as the Colorado Preschool Program Fund are directed to schools to support students for specifically identified reasons. The Bond Redemption Fund is made up of dedicated local property tax revenues, held in trust by Wells Fargo Bank, that are used to pay the principal and interest commitments resulting from voter-approved capital school bond sales. The Capital Reserve and Risk Management Funds contain a per-student allocation transferred from total state funding to purchase land, construct or improve facilities, and to provide liability insurance coverage. The Community Education Fund provides such activities as Community Schools programming, enrichment activities, and other community activities. This fund is self-supporting as a result of participant fees. The Grants Fund is funded primarily from federal sources that have been awarded to the District for specific programs such as Title I (additional support for students in poverty), hearing impaired, special education, English as a Second Language, and other special projects and grants. The Nutrition Services Fund provides resources for student meals. St. Vrain Valley schools serves tens of thousands of lunches each day in addition to providing a breakfast program, summer lunch program, and snack program. This fund receives income from cash sales and from the Federal School Lunch and Breakfast Program. The Student Activity Fund contains funds from student fundraisers, donations and gate receipts that support school-sponsored interscholastic and intrascholastic athletic, performing arts and other student-related events.
Budget Report Archive
A listing of adopted budgets and subsequent amended budgets are made available to the public.