Colorado Department of Education

Financial Transparency

Fiscal Year
2020 - 2021

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districtLittleton 6

Peabody Elementary School (6814)

3128 EAST MAPLEWOOD AVENUE
CENTENNIAL, CO 80121

Student Info
346
Total Students Served
Serves Elementary School Grades

Narrative

quotes A message from:
Jonathan Levesque
Director of Finance
Littleton Public Schools
June 1, 2022
Arapahoe County School District Number Six, commonly referred to as Littleton Public Schools (LPS), has received the Colorado Department of Education’s (CDE) highest accreditation rating eight out of the nine years it has been offered. LPS has established a District Achievement Goal that states, "One hundred percent of LPS students will graduate prepared for meaningful post-secondary opportunities." The district operates one early childhood program at two facilities, thirteen elementary schools, ... Arapahoe County School District Number Six, commonly referred to as Littleton Public Schools (LPS), has received the Colorado Department of Education’s (CDE) highest accreditation rating eight out of the nine years it has been offered. LPS has established a District Achievement Goal that states, "One hundred percent of LPS students will graduate prepared for meaningful post-secondary opportunities." The district operates one early childhood program at two facilities, thirteen elementary schools, four middle schools, three high schools, one combined alternative middle school/high school program, and two charter schools. The number of students enrolled in fiscal year 2020–2021 was 13,912. The district encompasses approximately 28 square miles in western Arapahoe County in the southern portion of the Denver metropolitan area. The district’s boundaries include the town of Columbine Valley, the majority of the city of Littleton, and portions of the municipalities of Bow Mar, Centennial, Englewood, and Greenwood Village. This financial transparency website is the result of state legislation (HB 14-1292 The Student Success Act) that passed in 2014 for the Colorado Department of Education to create a website that translates the expenditures and revenues for school districts into a consistent format. To be consistent with federal reporting requirements established by the U.S. Department of Education, the method used on this website excludes certain records from revenue and expenditure totals. These records are excluded to avoid duplication or inflation of revenues and expenditures. This method is in contrast to the presentation in the district’s Annual Comprehensive Financial Report and the district’s budgetary reporting. The district’s reports include all expenditures and revenues as required by Generally Accepted Accounting Principles (GAAP) defined through the Governmental Accounting Standards Board (GASB). Below is a link to the district’s Annual Comprehensive Financial Report, which should be reviewed in conjunction with the use of this financial transparency website. The district’s Annual Comprehensive Financial Report includes audited financials presented under GAAP along with a Management Discussion and Analysis: https://littletonpublicschools.net/annual-comprehensive-financial-report

Spending

Current Spending Per Student
$12,801
Current Spending per Student

View Per Student Spending Calculation

$12,383
State Average

School Level Spending per Student
  • Federal
    $0
  • State/Local
    $8,615
  • Total
    $8,615
School Share of Central Spending per Student
  • Federal
    $598
  • State/Local
    $3,588
  • Total
    $4,186
Current School Spending
  1. Learning Environment
    Learning Environment
    83%
  2. Operations
    Operations
    17%
Learning Environment Expenditures
Learning Environment
$2,476,987

View Learning Environment Breakdown

Operations Expenditures
Operations
$503,808

View Operations Breakdown

$2,980,795

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.

$145,808

Total

Total School-Allocated Spending

$3,126,603

Totals may not sum due to rounding

Current School Share of Central Spending

  1. Learning Environment
    Learning Environment
    59%
  2. Operations
    Operations
    41%
Learning Environment Spending
Learning
Environment

$853,489
Central Operations Expenditures
Operations
$594,989
$1,448,477

Total

$4,575,080

Grand Total of Spending at this school