Colorado Department of Education

Financial Transparency

Fiscal Year
2020 - 2021

Home

Fremont RE-2 (1150)

403 WEST 5TH STREET
FLORENCE, CO 81226

Students Info
1,368
Total Students Served
Serves Elementary School Grades Serves Middle School Grades Serves High School Grades Rural
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
$12,542
State Average

School Level Spending per Student
  • Federal
    $924
  • State/Local
    $6,144
  • Total
    $7,068
School Share of Central Spending per Student
  • Federal
    $790
  • State/Local
    $2,294
  • Total
    $3,085

Current District Spending

  1. Learning Environment
    Learning Environment
    68%
  2. Operations
    Operations
    32%
Learning Environment Expenditures
Learning Environment
$9,486,131

View Learning Environment Breakdown

Operations Expenditures
Operations
$4,402,387

View Operations Breakdown

$13,888,518

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.

$4,683,077

Total

Total District-Allocated Spending

$18,571,595

Totals may not sum due to rounding

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