BVSD Board of Education · Document
Colorado ETRANs 2025-26 School District Resolution No. 26-08 (Exhibit A - increase borrowing to $110M).pdf (103 KB)
Work Session, March 24, 2026 · item 4.02: Resolution 26-08 Additional Cash Management through the State Interest Free Loan Program · 2 pages
This is the text extracted from the file, without its layout, tables, or images. Use the original for anything that matters.
1
FY 25/26
2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17
Annual Total 27.000 $9,594,871,164 $10,254,793,645 6.88% 27,406.0 27,077.4 -1.20% $11,553.96 $312,851,274 0 1 27.000 Update Resolution $109,999,379 $100,000,000
18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66
Boulder - Pro Forma 1 FY 25/26 estimated School Finance Act Levy FY 24/25 Assessed Value (exclude Tax Increment District AV) FY 25/26 projected Assessed Value (exclude Tax Increment District AV) Assessed Value Growth FY 24/25 Funded Pupil Count FY 25/26 projected Funded Pupil Count Pupil Growth FY 25/26 projected Per Pupil Total Program Funding FY 25/26 projected Total Program Funding
$22,353,897 $276,879,428 $180,000,000 $13,617,949 $10,680,003 $32,095,365 $44,022,822 $1,380,604 $581,030,069 $253,263,130 $90,497,964 $22,802,063 $44,414,146 $18,819,840 $63,716,889 $14,597,348 $22,155,162 $530,266,543
March Day 1 - 9
March Day 10 - 20
March Day 21 - end
($35,707,610) $1,630,730
($35,707,610) $1,630,730
($43,681,511) $1,504,638
($18,661,202) $26,524,947
$124,691,324 $1,682,934
$25,000,000
March Check
Beginning General Fund/Other Funds/Capital Reserve/Ins. Reserve Cash Balance (JULY 1, 2024 - PRIOR YEAR) Beginning General Fund Cash Balance (JULY 1, 2025 - CURRENT YEAR) (plus) Beginning Other Funds Cash Balance (JULY 1, 2025 - CURRENT YEAR) (see note 2 below) (plus) Capital Reserve and/or Risk Mgmt./Insurance Reserve Cash Balances (JULY 1, 2025 - CURRENT YEAR) (less) TABOR Reserve (see note 1 below) Beginning Month Cash Balances (WITHOUT Cash Flow Loan Amount) Beginning Month Cash Balances (WITH PRIMARY Cash Flow Loan Amount) Beginning Month Cash Balances (WITHOUT SECONDARY Cash Flow Loan Amount) Beginning Month Cash Balances (WITH SECONDARY Cash Flow Loan Amount)
61% 39% 56% 44%
March
Monthly Property Tax Total (Net Cash Received) Monthly Specific Ownership Tax Total (Net Cash Received) (plus) Current Month State Equalization Payment (plus) Current Month Property Taxes (School Finance Act Portion Only) (plus) Current Month Hold Harmless, and Override Property Taxes (plus) Current Month Specific Ownership Taxes ( School Finance Act Portion Only) (plus) Current Month Other Specific Ownership Taxes (Other Than From School Finance Act) (plus) Current Month Other General Fund Revenue (plus) Current Month Other Funds Revenue (see note 2 below) (plus) Current Month Other Capital Reserve and/or Risk Mgmt./Insurance Reserve Revenue (Exclude GF Transfers Into) Current Month Revenue (less) Current Month Salaries Expense (General Fund) - exclude charter schools (less) Current Month Benefits Expense (General Fund) - include district share only - exclude charter schools (less) Current Month Other General Fund Expenses (less) Current Month Salaries Expense (Other Funds) - exclude charter schools (less) Current Month Benefits Expense (Other Funds) - include district share only - exclude charter schools (less) Current Month Other Funds Expense (see note 2 below) (less) Current Month Capital Reserve and/or Risk Mgmt./Insurance Reserve Expense (less) Current Month Deposit To Note Repayment Account (less) Charter School Transfer (Net) Current Month Expenses
$149,691,324 $1,682,934 $0 $90,716,381 $58,974,943 $943,212 $739,722 $397,420 $3,271,344 $5,500 $155,048,522
$0 $0 $0 $0 $0 $198,710 $1,635,672 $1,250 $1,835,632
$75,565,807 $49,125,517 $943,212 $739,722 $198,710 $1,635,672 $4,250 $128,212,890
$0 $15,150,574 $9,849,426 $0 $0 $0 $0 $0 $25,000,000
OK OK OK OK OK OK OK OK
$21,380,032 $7,094,059 $750,000 $3,619,901 $1,447,492 $4,859,988 $257,596 $99,999,379 $463,596 $139,872,043
$0 $6,100,339 $250,000 $0 $1,244,304 $1,619,996 $131,298 $0 $463,596 $9,809,533
$0 $993,720 $250,000 $0 $203,188 $1,619,996 $126,298 $99,999,379 $0 $103,192,581
$21,380,032 $0 $250,000 $3,619,901 $0 $1,619,996 $0 $0 $0 $26,869,929
OK OK OK OK OK OK OK
$54,813,230
$54,813,230
$54,813,230
$54,813,230
($20,531,131) $24,655,018 $7,847,809 $45,186,149
($43,681,511) $1,504,638 $7,847,809 $45,186,149
($18,661,202) $26,524,947 $0 $45,186,149
($20,531,131) $24,655,018 $0 $45,186,149
$99,999,379
$99,999,379
$99,999,379
$99,999,379
$0 $0 $0 $0 $0 $0
$99,999,379 $54,813,230 $54,813,230 $45,186,149 $45,186,149 $124,691,324 $124,691,324
$99,999,379 $0 $54,813,230 $0 $45,186,149 $25,000,000 $149,691,324
$99,999,379
$0
$0
OK
ENDING MONTH AVAILABLE BALANCES (WITHOUT Cash Flow Loan Amount) ENDING MONTH AVAILABLE BALANCES (WITH PRIMARY Cash Flow Loan Amount) CURRENT MONTH CASH FLOW LOAN BORROWING - Primary CUMULATIVE CASH FLOW LOAN BORROWING - Primary ENDING MONTH AVAILABLE BALANCES (WITHOUT SECONDARY Cash Flow Loan Amount) ENDING MONTH AVAILABLE BALANCES (WITH SECONDARY Cash Flow Loan Amount) CURRENT MONTH CASH FLOW LOAN BORROWING - Secondary CUMULATIVE CASH FLOW LOAN BORROWING - Secondary Update Resolution $109,999,379 $100,000,000
CUMULATIVE CASH FLOW LOAN BORROWING - Primary & Secondary CASH FLOW LOAN RESOLUTION AMOUNT CUMULATIVE NOTE PAYMENT ACCOUNT NOTE PAYMENT ACCOUNT REQUIREMENT - Primary CUMULATIVE NOTE PAYMENT ACCOUNT BALANCE - Primary NOTE PAYMENT ACCOUNT REQUIREMENT - Secondary CUMULATIVE NOTE PAYMENT ACCOUNT BALANCE - Secondary MARCH-MAY-JUNE PROPERTY TAX COLLECTIONS CUMULATIVE MARCH-MAY-JUNE PROPERTY TAX COLLECTIONS CASH FLOW LOAN BALANCE
OK OK OK OK
1
FY 25/26
2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17
Annual Total 27.000 $9,594,871,164 $10,254,793,645 6.88% 27,406.0 27,077.4 -1.20% $11,553.96 $312,851,274 0 1 27.000 Update Resolution $109,999,379 $100,000,000
18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66
Boulder - Pro Forma 1 FY 25/26 estimated School Finance Act Levy FY 24/25 Assessed Value (exclude Tax Increment District AV) FY 25/26 projected Assessed Value (exclude Tax Increment District AV) Assessed Value Growth FY 24/25 Funded Pupil Count FY 25/26 projected Funded Pupil Count Pupil Growth FY 25/26 projected Per Pupil Total Program Funding FY 25/26 projected Total Program Funding
$22,353,897 $276,879,428 $180,000,000 $13,617,949 $10,680,003 $32,095,365 $44,022,822 $1,380,604 $581,030,069 $253,263,130 $90,497,964 $22,802,063 $44,414,146 $18,819,840 $63,716,889 $14,597,348 $22,155,162 $530,266,543
April Day 1 - 9
April Day 10 - 20
April Day 21 - end
April Check
($20,531,131) $24,655,018
($20,531,131) $24,655,018
($30,871,856) $14,314,293
($25,051,358) $20,134,791
$6,223,830 $259,178 $1,529,478 $3,771,784 $2,452,046 $145,258 $113,920 $3,713,595 $3,428,561 $246,924 $15,401,566
$0 $0 $0 $0 $0 $1,237,865 $784,370 $82,308 $2,104,543
$6,223,830 $259,178 $1,529,478 $3,771,784 $2,452,046 $145,258 $113,920 $1,237,865 $929,370 $82,308 $10,262,029
$0 $0 $0 $0 $0 $1,237,865 $1,714,821 $82,308 $3,034,994
OK OK OK OK OK OK OK OK
$23,186,808 $7,038,852 $466,866 $3,591,840 $3,036,703 $9,500,000 $1,500,000
$0 $6,054,333 $155,622 $0 $2,235,313 $3,500,000 $500,000
$0 $984,519 $155,622 $0 $801,390 $2,000,000 $500,000
$23,186,808 $0 $155,622 $3,591,840 $0 $4,000,000 $500,000
OK OK OK OK OK OK OK
$1,735,515 $50,056,584
$0 $12,445,268
$0 $4,441,531
$1,735,515 $33,169,785
OK
$54,813,230
$54,813,230
$54,813,230
$54,813,230
($55,186,149) $0 $10,000,000 $55,186,149
($30,871,856) $14,314,293 $0 $45,186,149
($25,051,358) $20,134,791 $0 $45,186,149
($55,186,149) $0 $10,000,000 $55,186,149
$109,999,379
$99,999,379
$99,999,379
$109,999,379
$99,999,379 $0 $54,813,230 $0 $45,186,149 $0 $149,691,324
$99,999,379 $0 $54,813,230 $0 $45,186,149 $0 $149,691,324
$99,999,379 $0 $54,813,230 $0 $45,186,149 $0 $149,691,324
$0
$0
$10,000,000
Beginning General Fund/Other Funds/Capital Reserve/Ins. Reserve Cash Balance (JULY 1, 2024 - PRIOR YEAR) Beginning General Fund Cash Balance (JULY 1, 2025 - CURRENT YEAR) (plus) Beginning Other Funds Cash Balance (JULY 1, 2025 - CURRENT YEAR) (see note 2 below) (plus) Capital Reserve and/or Risk Mgmt./Insurance Reserve Cash Balances (JULY 1, 2025 - CURRENT YEAR) (less) TABOR Reserve (see note 1 below) Beginning Month Cash Balances (WITHOUT Cash Flow Loan Amount) Beginning Month Cash Balances (WITH PRIMARY Cash Flow Loan Amount) Beginning Month Cash Balances (WITHOUT SECONDARY Cash Flow Loan Amount) Beginning Month Cash Balances (WITH SECONDARY Cash Flow Loan Amount)
61% 39% 56% 44%
April
Monthly Property Tax Total (Net Cash Received) Monthly Specific Ownership Tax Total (Net Cash Received) (plus) Current Month State Equalization Payment (plus) Current Month Property Taxes (School Finance Act Portion Only) (plus) Current Month Hold Harmless, and Override Property Taxes (plus) Current Month Specific Ownership Taxes ( School Finance Act Portion Only) (plus) Current Month Other Specific Ownership Taxes (Other Than From School Finance Act) (plus) Current Month Other General Fund Revenue (plus) Current Month Other Funds Revenue (see note 2 below) (plus) Current Month Other Capital Reserve and/or Risk Mgmt./Insurance Reserve Revenue (Exclude GF Transfers Into) Current Month Revenue (less) Current Month Salaries Expense (General Fund) - exclude charter schools (less) Current Month Benefits Expense (General Fund) - include district share only - exclude charter schools (less) Current Month Other General Fund Expenses (less) Current Month Salaries Expense (Other Funds) - exclude charter schools (less) Current Month Benefits Expense (Other Funds) - include district share only - exclude charter schools (less) Current Month Other Funds Expense (see note 2 below) (less) Current Month Capital Reserve and/or Risk Mgmt./Insurance Reserve Expense (less) Current Month Deposit To Note Repayment Account (less) Charter School Transfer (Net) Current Month Expenses ENDING MONTH AVAILABLE BALANCES (WITHOUT Cash Flow Loan Amount) ENDING MONTH AVAILABLE BALANCES (WITH PRIMARY Cash Flow Loan Amount) CURRENT MONTH CASH FLOW LOAN BORROWING - Primary CUMULATIVE CASH FLOW LOAN BORROWING - Primary ENDING MONTH AVAILABLE BALANCES (WITHOUT SECONDARY Cash Flow Loan Amount) ENDING MONTH AVAILABLE BALANCES (WITH SECONDARY Cash Flow Loan Amount) CURRENT MONTH CASH FLOW LOAN BORROWING - Secondary CUMULATIVE CASH FLOW LOAN BORROWING - Secondary
Update Resolution $109,999,379 $100,000,000
CUMULATIVE CASH FLOW LOAN BORROWING - Primary & Secondary CASH FLOW LOAN RESOLUTION AMOUNT CUMULATIVE NOTE PAYMENT ACCOUNT NOTE PAYMENT ACCOUNT REQUIREMENT - Primary CUMULATIVE NOTE PAYMENT ACCOUNT BALANCE - Primary NOTE PAYMENT ACCOUNT REQUIREMENT - Secondary CUMULATIVE NOTE PAYMENT ACCOUNT BALANCE - Secondary MARCH-MAY-JUNE PROPERTY TAX COLLECTIONS CUMULATIVE MARCH-MAY-JUNE PROPERTY TAX COLLECTIONS CASH FLOW LOAN BALANCE
OK OK OK OK