BVSD - Colorado ETRANs 2026A - District Questionnaire - signed.pdf (145 KB)

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STATE OF COLORADO EDUCATION LOAN PROGRAM TAX AND REVENUE ANTICIPATION NOTES, SERIES 2026A PARTICIPATING SCHOOL DISTRICT QUESTIONNAIRE Name of School District: Boulder Valley School District RE-2 County(ies):

Boulder, Broomfield, Gilpin

Please attach additional sheets as necessary. 1.

Please provide the following information regarding any short-term borrowings of the District for the past five fiscal years plus current fiscal year, excluding borrowings pursuant to the State program. Include the issuance of tax anticipation notes by the District, borrowings from banks or other lenders and other similar cash flow borrowings. If the amount of such borrowings has increased by more than 10% from year to year, please explain the reasons therefor. Fiscal Year

Amount Borrowed

Date of Final Repayment

2020-21

$______________

_______________

2021-22 2022-23 2023-24 2024-25 2025-26

$______________ $______________ $______________ $______________ $______________

_______________ _______________ _______________ _______________ _______________

Has the District ever defaulted on any general obligation bonds, leases or other obligations, and if so please explain the circumstances? Yes____ No_x_

Is the District in compliance with the TABOR emergency reserve requirements, and if not please explain the reasons therefor? Yes_x_ No____

Please provide the components of the District’s most recent certified property tax mill levy (2025 levy year/2026 tax collection year):

School Finance Act

Bond Redemption

Overrides

Special Building and Technology

27.0 mills

7.498 mills

8.162 mills

0.000 mills

Other Abatement+Tra ns+capital 5.384 mills

Is any litigation currently pending or threatened against the District that, if resolved adversely to the District, could have a material adverse impact on the District’s financial condition, and if so please explain? Yes____ No_x__

The District’s General Fund cash balance (unaudited and including liquid investments, less any outstanding cash flow loan balance) as of __June 30_, 2025 (being the most recent data available) was $_157,912,197_. If this number is negative, please explain.

The Districts’ General Fund cash balance (unaudited and including liquid investments) as of June 30, 2026, is anticipated to be $_155,610,171_. If this number is negative, please explain.

The District’s General Fund cash balance (including liquid investments) as of June 30, 2027 (one year from now) is budgeted to be $_137,158,751_. If this amount is negative, please explain.

Has the District’s 2026-27 fiscal year budget been adopted?

Yes_x_ No____

If your answer is no, please state when the budget will be adopted and whether your answer to question 8 is subject to change upon adoption of the budget. 10. Please attach the District’s audited financial statements for the period ending June 30, 2025. 11. Does the District anticipate a decrease of 5% or more in its 2026 assessed valuation from its 2025 assessed valuation? Yes____ No_x__ 12. Were any taxpayers within the District responsible for paying more than 10% of the District’s property taxes in the 2025 levy year/2026 tax collection year? Yes____ No_x__ If your answer is yes, please list the taxpayer(s) and the assessed valuation of the property owned by such taxpayer(s) on a separate sheet. 13. Has the District loaned any money from any fund or account to its General Fund that will not be repaid by June 30, 2026? Yes____ No_x__ 14. Please complete the following table: Levy/Collection Year

Taxes Collected as a Percentage of All Taxes Levied

2022-2023

__99.6_%

2023-2024

__99.2_%

2024-2025

__98.3_%

2025-2026 (through July 10, 2026)

_96.6_%

15. Please describe any events that have occurred during the 2024-25 or 2025-26 fiscal years that have negatively impacted the District’s current financial condition or could be reasonably anticipated to negatively impact the District’s financial condition during the 2026-27 fiscal year. Projected declines in enrollment figures.

I hereby certify that the responses to this Questionnaire are true and accurate, and do not omit any information regarding the District which is important to understanding the current financial condition of the District.

Signature: Name and Title: Tip-arpar Karasudhi, Director of Finance & Accounting Date: July 20, 2026 Mailing Address: 6500 Arapahoe Rd, Boulder CO 80303

Phone: 720.561.5008 Fax: Email: tip-arpar.karasudhi@bvsd.org