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Penrose Elementary School (6858)

100 ILLINOIS
PENROSE, CO 81240

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Historical Data

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298

Total Students Served

Narrative

A message from:

Jacque Corsentino

Director of Business Services

Fremont RE-2

July 01, 2024

Fremont School District RE-2 serves close to 1300 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, ... Fremont School District RE-2 serves close to 1300 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%. Fremont Re-2 has just completed an air quality improvement project at our elementary school through BEST and matching district funds. ESSER III funds were been utilized to make this project possible. The district also utilized several grants this year. The School Workforce Nursing Grant which allowed the addition of two additional nurses year one and 1.5 nurses in year two. This grant goes through June 2024. We received a Fremont Multi District Initiative Grant for medical and other pathways to improve programming for schools in Florence, Canon City and Cotopaxi school districts as well as Pueblo Community College. We were also awarded the School Counselor Corp Grant that can be utilized for three years to improve mental health services to each of our schools by adding an additional counselor beginning in 2022-2023 and going through 2024-2025. We are working on completing several large capital projects in the district thanks to our voters passing a 25 million dollar bond initiative in 2022-2023. We were able to build a new cafeteria on-site at Fremont Elementary School, added a new CTE Building and an additional gym at Florence Jr/Sr High School and did some major safety upgrades at Penrose Elementary. All three buildings are getting upgrades to their vestibules for added safety.

Spending

$12,538
Current Spending per Student

View Per Student Spending Calculation

$14,845

State Average

School Level Spending per Student

Federal

$122
State/Local

$8,363
Total

$8,485

School Share of Central Spending per Student

Federal

$1,020
State/Local

$3,033
Total

$4,053

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Current School Spending

Learning Environment

86%
Operations

14%

Learning Environment
$2,164,580

View Learning Environment Breakdown

Operations
$363,990

View Operations Breakdown

$2,528,570

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.

$271,918

Total

Total School-Allocated Spending

$2,800,487

Totals may not sum due to rounding

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Current School Share of Central Spending

Learning Environment

42%
Operations

58%

Learning
Environment
$511,115

Operations
$696,483

$1,207,598

Total

$4,008,085

Grand Total of Spending at this school