Financial Transparency
Board Financial Statements
Every employee shares District 49's fiduciary responsibility to taxpayers; financial transparency is one part of that responsibility. Each month, the chief business officer reports the financial position of the district and the status of district expenditures and budgets to the Board of Education as part of the district's strategic plan to engage the community and maintain District 49 as a trustworthy recipient of taxpayer investment.
Year end results are preliminary, pending completion of the district audit.
Accounts Payable Registers
An important component of District 49's financial transparency includes showing how and where money is being disbursed from the general fund to operate the district. The disbursement registers contain top vendors by dollar amount for the individual month and fiscal year to date. Additionally, a detailed check register, including each check issued by the district and all purchases made on district cards are detailed for your analysis.
Investment Performance Reports
The investment performance reports located in the Google Shared folder, linked below, are intended to demonstrate cash flow cycles for the district, and how and where we invest our monies to meet those cash flow needs.
Financial Documents
District 49 is committed to remaining a trustworthy recipient of taxpayer investment and we know that financial transparency is paramount. The business office ensures that multiple sources of the district's financial information are publicly accessible.
The links below open shared Google Folders that contain the relevant financial information for District 49.
Accounts Payable Check Registers District Adopted Budget
District Financial Audit Financial Statements
Investment Performance Reports Salary Schedules
MLO Oversight Committee - 2014 3A MLO Oversight Committee - 2016 3B
Credit, Debit, and Purchase Card Statements are located in Accounts Payable Check Registers.
If you need assistance for accessibility with any of these documents, please contact the Business Office.
Public schools receive funding from a variety of sources in Colorado. However, most revenues to the state's 178 school districts are provided through the Public School Finance Act of 1994 (as amended). Moneys provided via the Public School Finance Act are available to each school district to fund the costs of providing public education. Find more information at the Colorado Department of Education School Finance Division. For more information about District 49 finances, download and view our financial reports and documentation.
Disclaimer: Please consider the context when evaluating financial transactions. Some transactions may appear improper on the surface but are perfectly normal and justifiable when placed in the proper context. We welcome your questions regarding our financial transactions or records.
District 49 Local Tax Revenue Information
Local funding to support the educational and operational efforts of District 49 is raised through taxes levied on property owners in District 49.
| Assessed Valuation - Mill Levies | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Fiscal Year |
Net Assessment
Rate
|
Market Valuation | Assessed Valuation | General Fund | Mill Levy Override | SB 184 Adj. | Bond Redemption Fund | Total Mills | Funded Pupil Count |
| 2011-2012 |
10.69% |
$6,200,983,265 |
$662,871,630 |
24.459 |
9.8 |
0.371 |
11.212 |
45.842 |
14,201.66 |
| 2012-2013 |
10.51% |
$6,317,740,713 |
$663,717,810 |
24.459 |
9.8 |
0.114 |
11.212 |
45.585 |
14,572.86 |
| 2013-2014 |
10.51% |
$6,321,813,966 |
$664,597,320 |
24.459 |
9.8 |
0.146 |
11.212 |
45.617 |
17,932.98 |
| 2014-2015 |
10% |
$6,594,766,136 |
$689,724,560 |
24.784 |
9.8 |
0.325 |
11.212 |
46.121 |
20,222.50 |
| 2015-2016 |
10% |
$7,318,389,792 |
$751,972,470 |
24.459 |
9.8 |
0.217 |
10.159 |
44.635 |
21,839.30 |
| 2016-2017 |
10.24% |
$7,649,045,141 |
$783,104,780 |
24.459 |
9.577 |
0.222 |
5.98 |
44.417 |
19,699.60 |
| 2017-2018 |
9.46% |
$8,885,347,862 |
$840,574,750 |
24.459 |
8.922 |
0.108 |
0 |
43.648 |
20,316.68 |
| 2018-2019 |
9.40% |
$9,389,791,154 |
$882,952,990 |
24.459 |
8.341 |
0.086 |
0 |
43.045 |
21,377.70 |
| 2019-2020 |
9.07% |
$11,572,795,889 |
$1,049,145,210 |
24.459 |
0 |
0.23 |
0 |
43.189 |
23,120.00 |
| 2020-2021 |
9.01% |
$11,994,723,269 |
$1,080,389,290 |
24.459 |
0 |
0.062 |
0 |
43.021 |
23,242.00 |
| 2021-2022 |
8.95% |
$14,404,331,585 |
$1,288,451,900 |
25.459 |
0 |
0.152 |
0 |
44.111 |
23,946.38 |
| 2022-2023 |
0.00% |
$15,072,743,985 |
$1,314,377,980 |
26.459 |
0 |
0.1999 |
0 |
45.1589 |
25,664.00 |
| 2023-2024 |
8.01% |
$20,788,361,026 |
$1,665,259,940 |
27.00 |
0 |
0.077 |
0 |
45.577 |
26,433.92 |