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Fulton Academy of Excellence (3272)

755 FULTON ST
AURORA, CO 80010

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Historical Data

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396

Total Students Served

Narrative

A message from:

Brett Johnson

Chief Financial Officer

Adams-Arapahoe 28J

July 01, 2024

Aurora Public Schools (APS) is one of the largest and most diverse school districts in Colorado. APS students come from more than 130 countries and speak over 160 different languages. Our community is rich in culture, assets and opportunity. APS is in Aurora, a city on the eastern border of Denver, Colorado, and covers 160 square miles. In the 2022-23 school year, APS provided a wide range of educational programs ... Aurora Public Schools (APS) is one of the largest and most diverse school districts in Colorado. APS students come from more than 130 countries and speak over 160 different languages. Our community is rich in culture, assets and opportunity. APS is in Aurora, a city on the eastern border of Denver, Colorado, and covers 160 square miles. In the 2022-23 school year, APS provided a wide range of educational programs to 38,687 students. This financial transparency website is the result of state legislation passed in 2014. It requires the Colorado Department of Education to create a website that translates the expenditures and revenues for school districts into a format that is easily understandable. 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. For example, indirect costs, overhead costs, interfund transfers and flow through of funds are not included. This method is in contrast to the presentation in the APS Annual Comprehensive Financial Report and the district’s budgetary reporting. APS reports include all expenditures and revenues as required by the Generally Accepted Accounting Principles (GAAP) defined through the Governmental Accounting Standards Board (GASB). Below are links to documents on the APS website that provide a comprehensive financial profile. These documents should be reviewed along with this financial transparency website for greatest clarity. The APS Annual Comprehensive Financial Report includes financial statements presented under GAAP along with management’s discussion and analysis: https://acounting.aurorak12.org The budget is a comprehensive document for all APS funds: https://budget.aurorak12.org/documentation

Spending

$20,126
Current Spending per Student

View Per Student Spending Calculation

$14,845

State Average

School Level Spending per Student

Federal

$690
State/Local

$13,408
Total

$14,098

School Share of Central Spending per Student

Federal

$993
State/Local

$5,035
Total

$6,028

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Current School Spending

Learning Environment

89%
Operations

11%

Learning Environment
$4,977,837

View Learning Environment Breakdown

Operations
$605,155

View Operations Breakdown

$5,582,992

Total

Long-Term Spending

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.

$33,732

Total

Total School-Allocated Spending

$5,616,724

Totals may not sum due to rounding

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Current School Share of Central Spending

Learning Environment

59%
Operations

41%

Learning
Environment
$1,397,205

Operations
$990,169

$2,387,375

Total

$8,004,099

Grand Total of Spending at this school