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Colorado Department of Education

Financial Transparency

Fiscal Year
2023 - 2024

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Adams 12 Five Star Schools (0020)

1500 E 128TH AVENUE
THORNTON, CO 80241

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Historical Data Historical Data
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Students Info
34,998
Total Students Served
31,184
Non-Charter School Students
Serves Elementary School Grades Serves Middle School Grades Serves High School Grades Charter
54 View School List
SCHOOLS IN DISTRICT

Narrative

quotes A message from:
Gina Lanier
Chief Financial Officer
Adams 12 Five Star Schools
July 01, 2025
Adams 12 Five Star Schools is accredited as a Performance District in Colorado, serving students from preschool through 12th grade. We are a caring, inclusive, and engaging district committed to helping students gain the knowledge and skills they need to pursue the future of their choosing and thrive in a rapidly changing world. Our mission is to engage and inspire all students to innovate, achieve, and succeed in a safe environment ... Adams 12 Five Star Schools is accredited as a Performance District in Colorado, serving students from preschool through 12th grade. We are a caring, inclusive, and engaging district committed to helping students gain the knowledge and skills they need to pursue the future of their choosing and thrive in a rapidly changing world. Our mission is to engage and inspire all students to innovate, achieve, and succeed in a safe environment by ensuring high-quality instruction in every classroom, every day. Located just seven miles north of downtown Denver, Adams 12 Five Star Schools is the sixth-largest school district in Colorado, serving more than 32,000 students and their families. While large, the district maintains a close-knit community feel—reflected in the many opportunities available to students, staff, and families across our more than 50 unique learning centers. The “Five Stars” represent the five cities we proudly serve: Broomfield, Federal Heights, Northglenn, Thornton, and Westminster. This Financial Transparency Website was created in response to legislation passed in 2014, which directed the Colorado Department of Education to present school district financial data in a clear and user-friendly format. To align with federal reporting requirements established by the U.S. Department of Education, some financial records are excluded from this website’s revenue and expenditure totals. These exclusions help prevent duplication or inflation of reported amounts and include items such as indirect costs, overhead, interfund transfers, and flow-through funds. As a result, the data presented here differs from what is reported in Adams 12's Annual Comprehensive Financial Report (ACFR) and budget documents. The ACFR follows Generally Accepted Accounting Principles (GAAP) as defined by the Governmental Accounting Standards Board (GASB) and includes all district revenues and expenditures. For the most complete understanding of Adams 12’s financial picture, we encourage you to review the following documents in addition to this website: https://www.adams12.org/our-district/financials/financial-transparency These include the ACFR, budget reports, and other resources that offer a comprehensive look at our district’s finances.

Spending

Current Spending Per Student
$15,885
Current Spending per Student
$15,752
State Average
School Level Spending per Student
  • Federal
    $533
  • State/Local
    $10,890
  • Total
    $11,423
School Share of Central Spending per Student
  • Federal
    $475
  • State/Local
    $3,987
  • Total
    $4,462

Current District Spending

  1. Learning Environment
    Learning Environment
    76%
  2. Operations
    Operations
    24%
Learning Environment Expenditures
Learning Environment
$421,114,512

View Learning Environment Breakdown

Operations Expenditures
Operations
$134,827,668

View Operations Breakdown

$555,942,180

Total

Long-Term Spending
Construction, Debt, Refinancing & Other
Construction, Debt, Refinancing & Other

View Construction Funds Breakdown

These expenditures are those not associated with day-to-day operation of school activities and, therefore, are not included in the per-student spending calculation. They are comprised of major construction projects, debt payments, acquisition of land, and other programs.

$81,506,552

Total

Total District-Allocated Spending

$637,448,732

Totals may not sum due to rounding

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Funding and Revenues

Funding

  1. Local
    Local
    48%
  2. State
    State
    44%
  3. Federal
    Federal
    8%
Local Fundings and Revenues
Local
$327,015,671

View Local Fund Breakdown

State Fundings and Revenues
State
$298,991,900

View State Fund Breakdown

Federal Fundings and Revenues
Federal
$53,491,121

View Federal Fund Breakdown

$679,498,692

Total

Other Fundings and Revenues

Other revenues not received through local, state, or federal sources. They include proceeds from the sale of bonds, accrued interest, and other extraordinary items.

$2,684,203

Total

Total Funding

$682,182,894

View Property Tax Breakdown

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