Colorado Department of Education

Financial Transparency

Fiscal Year
2020 - 2021

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Fremont RE-2 (1150)

403 WEST 5TH STREET
FLORENCE, CO 81226

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Historical Data Historical Data
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Students Info
1,368
Total Students Served
Serves Elementary School Grades Serves Middle School Grades Serves High School Grades Rural
3 View School List
SCHOOLS IN DISTRICT

Narrative

quotes A message from:
Jacque Corsentino
Finance Director
Fremont RE-2
June 1, 2022
Fremont School District RE-2 serves over 1320 students in preschool through twelfth grades and employs approximately 220 teachers, administrative and support staff. Fremont RE-2 provides transportation to students in our district. These costs are not detailed by location/school but district-wide. Likewise, our Nutrition, Maintenance and Technology Departments do not make large purchases by school location but are also district wide. Fremont RE-2 strives to operate in a conservative manner, always with ... Fremont School District RE-2 serves over 1320 students in preschool through twelfth grades and employs approximately 220 teachers, administrative and support staff. Fremont RE-2 provides transportation to students in our district. These costs are not detailed by location/school but district-wide. Likewise, our Nutrition, Maintenance and Technology Departments do not make large purchases by school location but are also district wide. Fremont RE-2 strives to operate in a conservative manner, always with the focus of providing our students with the best educational opportunity. The majority of operating revenue (80%) comes from Total Program Funding. Tax Revenues make up 24.5% of the program funding with the remaining 75.5% from equalization funds. Local funding makes up 6%, state makes up 4% and federal revenue is approximately 10%.

Spending

Current Spending Per Student
$10,153
Current Spending per Student
$12,383
State Average
School Level Spending per Student
  • Federal
    $830
  • State/Local
    $6,113
  • Total
    $6,942
School Share of Central Spending per Student
  • Federal
    $884
  • State/Local
    $2,326
  • Total
    $3,211

Current District Spending

  1. Learning Environment
    Learning Environment
    70%
  2. Operations
    Operations
    30%
Learning Environment Expenditures
Learning Environment
$9,463,164

View Learning Environment Breakdown

Operations Expenditures
Operations
$4,131,978

View Operations Breakdown

$13,595,142

Total

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

View Contruction 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.

$4,976,453

Total

Total District-Allocated Spending

$18,571,595

Totals may not sum due to rounding

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Funding and Revenues

Funding

  1. Local
    Local
    33%
  2. State
    State
    52%
  3. Federal
    Federal
    15%
Local Fundings and Revenues
Local
$6,292,114

View Local Fund Breakdown

State Fundings and Revenues
State
$9,696,618

View State Fund Breakdown

Federal Fundings and Revenues
Federal
$2,828,988

View Federal Fund Breakdown

$18,817,720

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.

$2,541,184

Total

Total Funding

$21,358,904

View Property Tax Breakdown

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