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Colorado Department of Education

Financial Transparency

Fiscal Year
2022 - 2023

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districtThompson R2-J

Monroe Elementary School (5992)

1500 MONROE AVENUE
LOVELAND, CO 80538

Student Info
258
Total Students Served
Serves Elementary School Grades

Narrative

quotes A message from:
Gordon Jones
Chief Financial Officer
Thompson School District R2-J
July 01, 2024
Thompson School District R2-J (TSD) is the 16th largest school district in Colorado based on pupil headcount, with approximately 15,050 students from pre-kindergarten to 12th grade (2023-24). District boundaries include portions of 3 counties in northern Colorado (Larimer, Weld, Boulder) and 5 cities/towns (Loveland, Berthoud, Windsor, Fort Collins, Johnstown). Students and families are served by 13 Early Childhood locations, 16 elementary schools, 3 K-8 schools, 4 middle schools, 5 high ... Thompson School District R2-J (TSD) is the 16th largest school district in Colorado based on pupil headcount, with approximately 15,050 students from pre-kindergarten to 12th grade (2023-24). District boundaries include portions of 3 counties in northern Colorado (Larimer, Weld, Boulder) and 5 cities/towns (Loveland, Berthoud, Windsor, Fort Collins, Johnstown). Students and families are served by 13 Early Childhood locations, 16 elementary schools, 3 K-8 schools, 4 middle schools, 5 high schools, 1 vocational career campus and 2 charter schools. Enrollment and per pupil revenue from the charter schools is reflected in the District's overall figures, as are the expenditures resulting from the transfer of funds to the charters as required by state statute. Information provided here can be very informative but should be considered with caution when making comparisons between schools and districts. Differences can and do exist from the standpoint of programs offered, student demographics, presence (or lack) of voter approved funding initiatives, recording of centralized versus site-specific costs, staff tenure, age of facilities, economies of scale, and other unique characteristics of a school or district. The District's reports include all expenditures and revenues as required by Generally Accepted Accounting Principles (GAAP) as defined by the Governmental Accounting Standards Board (GASB). The District's budget, Annual Comprehensive Financial Report (including audited financial statements and Management Discussion and Analysis), and various other financial resources are located at the District website (www.tsd.org) under the Financial Transparency section. Those reports should be reviewed in conjunction with the use of this comparative website in order to provide a more robust, thorough and realistic view of total and per pupil spending across schools and districts. Please visit the TSD website to learn more or contact the TSD Business Services Department with any questions you may have regarding this data.

Spending

Current Spending Per Student
$15,481
Current Spending per Student

View Per Student Spending Calculation

$14,845
State Average

School Level Spending per Student
  • Federal
    $1,373
  • State/Local
    $8,454
  • Total
    $9,827
School Share of Central Spending per Student
  • Federal
    $660
  • State/Local
    $4,994
  • Total
    $5,654
Current School Spending
  1. Learning Environment
    Learning Environment
    91%
  2. Operations
    Operations
    9%
Learning Environment Expenditures
Learning Environment
$2,306,001

View Learning Environment Breakdown

Operations Expenditures
Operations
$229,299

View Operations Breakdown

$2,535,301

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.

$1,793

Total

Total School-Allocated Spending

$2,537,093

Totals may not sum due to rounding

Current School Share of Central Spending

  1. Learning Environment
    Learning Environment
    62%
  2. Operations
    Operations
    38%
Learning Environment Spending
Learning
Environment

$901,968
Central Operations Expenditures
Operations
$556,736
$1,458,704

Total

$3,995,798

Grand Total of Spending at this school