General Fund and DB.pdf (187 KB)

This is the text extracted from the file, without its layout, tables, or images. Use the original for anything that matters.

GENERAL OPERATING FUND

BOULDER VALLEY SCHOOL DISTRICT RE-2 SUMMARY OF EXPENDITURE CHANGES FROM 2025-26 ADOPTED TO REVISED BUDGET GENERAL OPERATING FUND Resources: Actual Beginning Balance Addition in Ongoing Revenue Addition in One-Time Revenue Total Resources

$ 23,828,358 (994,236) 8,309,372 $ 31,143,494

Expenditures: Standard Carryover One-Time Carryover Requests One-Time Requests Ongoing Expenditures Total Expenditures

9,831,354 357,647 3,335,623 (1,565,954) $ 11,958,670

Reserves:

TABOR & Contingency Multi Year Reserve Total Reserves

One-Time Transfers Ongoing Transfers Total Transfers

$ $

4,788,101 605,691 5,393,792

Net Change to Ending Fund Balance

1,893,255

2025-26 Adopted Ending Balance

756,873

Adopted General Operating Fund Balance

2,650,128

837,107 11,060,670 $ 11,897,777

2025-26 Revised Budget

General Fund Summary 2021-22

2022-23

2023-24

2024-25

2025-26

Audited Actual

Revised Budget

Generally Accepted Accounting Principles (GAAP) Fund Balance (Inc Unspent Reserves)

$ 73,399,443

$ 71,224,954

$ 75,797,321

$ 82,366,205

$ 83,057,587

GAAP BASIS BEGINNING BALANCE & RESERVES Total One-Time Funds

31,978,900

$ 23,551,797

$ 28,928,674

$ 26,409,379

$ 26,419,793

Carryover Funds Subtotal Beginning Balance

7,760,254 7,760,254

10,226,949 10,226,949

9,001,227 9,001,227

10,354,173 10,354,173

10,189,001 10,189,001

Warehouse GAAP Reserve Information Technology GAAP Reserve Climate Reserve Multi Year Contract Reserve Multi Year Projects Other GAAP Reserves Contingency Reserve District Reserve - Unrestricted Emergency Reserve (TABOR) Subtotal Reserves

585,961 500,000 100,000 475,469 12,170,777 10,700,000 9,128,082 33,660,289

455,062 1,939,931 500,000 285,884 999,187 12,894,939 10,700,000 9,671,205 37,446,208

761,773 234,963 500,000 286,150 786,422 14,056,064 10,700,000 10,542,048 37,867,420

580,959 124,004 500,000 314,946 4,206,210 3,409,510 14,724,014 10,700,000 11,043,010 45,602,653

574,914 1,999,044 500,000 315,100 4,679,594 15,817,223 10,700,000 11,862,918 46,448,793

73,399,443

$ 71,224,954

$ 75,797,321

$ 82,366,205

$ 83,057,587

TOTAL REVENUE

371,075,033

384,025,439

415,139,489

431,413,013

441,895,103

TOTAL SOURCES

$ 444,474,476

$ 455,250,393

$ 490,936,810

$ 513,779,218

$ 524,952,690

TOTAL EXPENDITURES

$ 306,484,891

$ 326,860,662

$ 342,333,558

$ 365,653,117

$ 391,349,026

TOTAL BEGINNING BALANCE & RESERVES

TOTAL RESERVES

TOTAL TRANSFERS

54,112,301

66,764,631

52,592,410

66,237,047

65,068,514

76,841,235

TOTAL USES

$ 373,249,522

$ 379,453,072

$ 408,570,605

$ 430,721,631

$ 522,302,562

BUDGET BASIS ENDING FUND BALANCE

71,224,954

$ 75,797,321

$ 82,366,205

$ 83,057,587

Generally Accepted Accounting Principles (GAAP) Fund Balance (Inc Unspent Reserves)

71,224,954

$ 75,797,321

$ 82,366,205

$ 83,057,587

$ 56,762,429

2025-26 Revised Budget

2,650,128

General Fund (continued) Revenue Summary 2021-22

2022-23

2023-24

2024-25

2025-26

Audited Actual

Revised Budget

$ 207,157,558 75,635,637 1,762,696 507,433 6,757,513 11,294,976 1,034,448 200,585 5,502,498 617,562 569,503 1,943,854 $ 312,984,263

$ 209,631,872 75,860,069 1,379,312 440,573 6,821,056 11,542,487 1,339,189 1,905,853 5,959,314 377,482 640,086 1,358,180 $ 317,255,473

$ 254,320,646 80,383,281 1,377,931 422,419 7,569,743 11,547,781 1,413,139 3,729,788 6,670,472 217,826 2,060,023 2,167,991 $ 371,881,040

$ 254,539,822 80,826,044 2,944,847 593,917 7,758,667 12,694,791 1,603,211 3,403,864 6,616,444 444,486 2,002,202 2,640,924 $ 376,069,219

$ 274,110,634 82,862,630 6,801,635 300,000 6,776,618 13,617,949 834,000 3,250,000 7,429,698 180,000 2,067,875 1,924,798 $ 400,155,837

45,818,548 1,387,160 7,554,445 193,943 537,476 296,976 482,406 56,270,954

$ 51,408,884 1,682,249 10,004,770 394,911 550,587 284,900 (40,327) $ 64,285,974

$ 25,204,897 1,620,720 11,487,957 380,313 674,317 297,503 790,166 $ 40,455,873

$ 36,515,370 1,552,642 12,946,560 406,202 729,519 294,898 (333,341) 94,278 $ 52,206,128

$ 22,353,897 1,540,457 13,816,768 497,182 764,973 290,989 (25,000) $ 39,239,266

1,819,816 1,819,816

REVENUE Local Sources Property Taxes - Current Property Taxes - Election Property Tax - Credits/Abatements Property Taxes - Delinquent Specific Ownership Taxes - Non-equalized Specific Ownership Taxes - Equalized Tuition and Student Fees Interest Services Provided to Charters Lease Proceeds Miscellaneous Revenue Indirect Cost Reimbursement Subtotal Local Sources State Sources Finance Act Career and Technical Reimbursement Special Education Reimbursement READ Act ELPA Reimbursement Gifted and Talented Reimbursement CDE Audit Adjustments/Assessment Other State Revenue Subtotal State Sources Federal Sources Medicaid Reimbursements Subtotal Federal Sources TOTAL REVENUE

$ 371,075,033

2,483,992 2,483,992

$ 384,025,439

2,802,576 2,802,576

$ 415,139,489

3,137,666 3,137,666

$ 431,413,013

2,500,000 2,500,000

$ 441,895,103

2025-26 Revised Budget

General Fund (continued) Expenditures, Reserve & Transfer Summary 2021-22

2022-23

2023-24

2024-25

2025-26

Audited Actual

Revised Budget

25,261,392 197,798,227 14,090,632 10,076,687 5,375,992 18,678,911 14,517,080 16,258,526 $ 302,057,447

$ 26,055,034 204,417,561 14,949,721 11,865,408 5,597,245 21,224,063 14,709,747 17,004,656 $ 315,823,435

$ 28,566,028 214,590,654 16,350,930 13,730,951 6,590,695 22,017,667 16,168,521 18,665,224 $ 336,680,670

$ 30,525,054 223,503,941 18,045,513 15,493,732 6,668,433 24,036,848 16,553,365 19,545,256 $ 354,372,142

$ 31,472,811 235,131,475 21,024,189 15,427,976 7,427,229 24,592,781 16,657,658 21,008,384 $ 372,742,503

Purchased Prof & Tech Services Purchased Property Services Other Purchased Services Supplies Cost Allocated to Operation and Technology Fund Capital Outlay - Copiers Property and Other Uses of Funds Subtotal Non Personnel Expenditures

6,631,822 3,859,012 2,553,704 15,333,539 (28,491,083) 617,562 3,922,888 $ 4,427,444

5,358,514 3,562,009 2,710,074 21,073,275 (26,536,720) 377,482 4,492,593 $ 11,037,227

6,192,988 3,870,775 3,153,686 15,826,302 (28,781,037) 100,105 5,290,069 $ 5,652,888

6,852,385 4,709,852 3,830,681 19,809,150 (29,414,537) 444,485 5,048,959 $ 11,280,975

Standard Carryover Items One-Time Carryover Items One-Time Expenditures Ongoing Expenditures

EXPENDITURES: 101-125 Administrators & Principals 201-224 Teachers and Instructional Support 231-250 Other Licensed Student Support Staff 300-359 Professional Support Staff 360-390 Technical Support Staff 401-490 Para educators & Aides 500-516 Office & Admin Support Staff 600-637 Crafts/Trades Services Subtotal Salaries and Benefits

TOTAL EXPENDITURES RESERVES: Contingency Reserve % of Expenditures Emergency Reserve % of Expenditures District Reserve - Unrestricted Multi Year Projects Multi Year Contract Reserve Climate Reserve Information Technology GAAP Reserve Warehouse Inventory GAAP Reserve TOTAL RESERVES TRANSFERS TO: Risk Management Fund Capital Reserve Fund Charter Fund Preschool Fund Health Insurance Fund Food Services Transportation Fund Athletic Fund Differentiated School Support TRANSFERS FROM: Community Schools Fund

6,969,171 3,777,460 2,722,157 19,238,817 (29,414,537) 180,000 3,174,785 $ 6,647,853 9,831,354 357,647 3,335,623 (1,565,954)

$ 306,484,891

$ 326,860,662

$ 342,333,558

$ 365,653,117

$ 391,349,026

0.0% 0.0% -

$ 15,653,961 4.0% 11,740,471 3.0% 10,700,000 14,355,746 487,123 500,000 250,000 425,000 $ 54,112,301

0.0% 0.0% -

6,915,896 2,781,574 27,588,816 6,155,223 5,452,046 2,222,576 15,814,000

4,915,896 2,677,961 29,838,384 6,845,156 6,474,403 2,040,610 -

4,965,896 3,677,961 32,768,059 4,966,568 517,139 7,148,206 2,448,218 10,000,000

7,410,366 2,802,961 34,852,743 6,713,200 2,500,000 2,048,269 6,926,629 2,619,821 -

7,840,366 2,966,961 35,922,969 7,177,740 2,868,561 8,974,307 2,895,806 9,000,000

(165,500)

(200,000)

(255,000)

(805,475)

TOTAL TRANSFERS

66,764,631

$ 52,592,410

$ 66,237,047

$ 65,068,514

$ 76,841,235

TOTAL USES

$ 373,249,522

$ 379,453,072

$ 408,570,605

$ 430,721,631

$ 522,302,562

2025-26 Revised Budget

Summary of One Time Uses of Funds and Policy DB Calculation Budget Numbers - Policy DB Calculation $ 441,895,103 Total Revenues (468,190,261) Less Total Expenditures & Transfers (8,339,372) Less One-Time Revenue 8,788,101 Plus One-Time Transfers 25,886,493 Plus One Time Expenditures & Carryover 40,064 Total Policy DB Ongoing Available $

37,443 Net available Ongoing funds after 7% reserves

Adopted Budget: Proposed Budget - One-Time Revenues $ 30,000 Impact on Education donation for credit recovery $ 30,000 Total One-time Revenues Proposed Budget - One-Time Transfers $ 4,000,000 Differentiated Funding $ 4,000,000 Total One-time Transfers Proposed Budget - One-Time Expenditures $ 4,000,000 Staffing Reserve (FTE) 3,970,329 Staff Compensation per Negotiations 1,056,083 Special Education Staffing Needs (FTE) 1,000,000 Sub Teacher Pay 1,000,000 Strategic Plan Implementation Year 2 of 3 388,621 Grad Plus Building Coordinators (FTE) Year 1 of 2 request 200,000 Textbook and Materials - English Language Arts 130,000 BVSD is the Place to be Showcase 112,000 Human Resource Staffing and Recruitment (FTE) 111,512 Grad Plus Support Stipends Year 3 of 5 109,127 Unit C Snow Stipend 84,180 Security PD and Badging 50,000 Grad Plus Software 35,000 Health Curriculum 30,000 Credit Recovery 25,000 Communications Marketing and Support 36,500 Curricular Software Support 10,600 Bilingual Materials 7,920 Family Engagement Team Support 5,000 Seal of Climate Literacy $ 12,361,872 Total One-Time Expenditures

2025-26 Revised Budget

Revised Budget: Revised Budget - One-time Revenues $ 5,423,085 Property Tax - Credits/Abatements 1,250,000 Interest 1,186,526 Impact on Education Donation 349,238 E-Rate Reimbursement 106,356 JUUL Settlement 49,872 READ ACT Carryover 16,770 BVCEA President Grant (72,475) Services Provided to Charters $ 8,309,372 Total One-time Revenues Revised Budget - One-time Transfers $ 5,000,000 Differentiated Funding 164,000 Capital Reserve 62,810 Charter Fund 2024-25 Reconciliation 3,096 Transportation Fund (441,805) Preschool Fund $ 4,788,101 Total One-time Transfers Revised Budget - Carryover Expenditures $ 6,134,779 Textbook Carryover 1,508,417 Medicaid Carryover 1,089,991 Special Education Staffing Reserve (FTE) 380,110 SRA Carryover 317,647 Prepaid Accounting items - Information Technology, Health Services and Deputy Sup 216,026 Heatherwood STEAM Program FY26-28 195,347 Performance Improvement Support 166,708 Computer Refresh 81,000 Election Fees 40,000 Operations and Maintenance Carryover 1,257 Board Travel Carryover 57,716 BVPA Tuition Reimbursement $ 10,188,998 Total Carryover Expenditures Revised Budget - One-time Expenditures $ (1,302,099) Staffing Reserve (FTE) and Negotiation Staffing 385,613 Instructional Staff - October Count adjustment (FTE) 110,378 Curriculum - Health and PE Materials 210,723 Campus Monitors (FTE) 184,000 Impact on Education (donation) 351,000 Special Education Out of District Placements 550,690 Summer Summit (FTE) - partially from Impact on Education donation 450,000 Operations and Maintenance 400,000 PERA Audit 660,595 Mental Health Advocates (FTE) 100,000 Market Survey and Salary Adjustments 300,000 Legal Office 175,000 Translation 49,872 READ Act 329,851 Information Technology 60,000 Concurrent Enrollment 320,000 Special Education Settlements $ 3,335,623 Total One-time Expenditures

2025-26 Revised Budget

District-Wide Enrollment Changes:

2024-25 Submitted

2025-26 Adopted Budget

2025-26 Revised Budget

COMPARISONS 2024-25 Submitted 2025-26 Adopted to to 2025-26 Revised 2025-26 Revised

Total Enrollment (Heads)

27,913.0

27,738.0

27,461.0

-452.0 / -1.62%

-277.0 / -1.00%

Total Student Full Time Equivalent (FTE)

27,062.5

26,845.5 26,581.1

-481.4 / -1.78%

-264.4 / -0.98%

-354.0 / -1.29%

-13.4 / -0.05%

Add'l FTE due to averaging Total Funded Pupil Count (FTE)*

368.9 27,431.4

245.3

496.3

27,090.8 27,077.4

* If the Total Funded Pupil Count FTE exceeds the Total Student Full Time Equivalent, the district is averaging due to decline. Student FTE by Fund:

2024-25 Submitted

2025-26 Adopted Budget

2025-26 Revised Budget

COMPARISONS 2024-25 Submitted 2025-26 Adopted to to 2025-26 Revised 2025-26 Revised

K-12 General FTE

24,459.0

24,245.5

24,001.1

-457.9 / -1.87%

-244.4 / -1.01%

K-12 Charter FTE*

2,377.5

2,390.0

2,359.0

-18.5 / -0.78%

-31.0 / -1.30%

Online FTE Total Student Full Time Equivalent Add'l FTE due to Averaging Total Funded Pupil Count

226.0

210.0

221.00

-5.0 / -2.21%

11.0 / 5.24%

-481.4 / -1.78%

-264.4 / -0.98%

-354.0 / -1.29%

-13.4 / -0.05%

27,062.5 368.9 27,431.4

26,845.5 26,581.1 245.3

496.3

27,090.8 27,077.4

*Funded enrollments may vary slightly from actual enrollments if a charter school enrolls students above the contracted amount. Preschool Students Enrolled:

2025-26 Adopted Budget

2025-26 Revised Budget

Special Education

309.0

293.0

-16.0 / -5.18%

Colorado Universal Preschool (UPK)

332.0

336.0

355.0

23.0

19.0

Not-eligible for funding

0.0

6.0

0.0

0.0 / 0.00%

-6.0 / 0.00%

129.0 770.0

174.0 825.0

181.0 829.0

52.0 / 40.31% 59.0 / 7.66%

7.0 / 4.02% 4.0 / 0.48%

Tuition and Other Funding Total PK Enrollment

COMPARISONS 2024-25 Submitted 2025-26 Adopted to to 2025-26 Revised 2025-26 Revised

2024-25 Submitted

100.00%

5.65%

2025-26 Revised Budget

Changes in Per Pupil Revenue From June Adopted Budget to Revised Budget

Per Pupil Revenue (PPR)

2025-26 Revised Budget

Adopted 2025-26 11,576

Revised 2025-26 11,554

Change (22)