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Colorado Department of Education

Financial Transparency

Fiscal Year
2024 - 2025

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Platte Canyon 1 (2600)

57393 US HIGHWAY 285
BAILEY, CO 80421

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Historical Data Historical Data
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Students Info
688
Total Students Served
688
Non-Charter School Students
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:
Ashley Stephen
Director of Business Services
Platte Canyon School District 1
July 01, 2026
FY24/25 was a year of pivotal transformation and resilience for Platte Canyon School District 1. The District successfully navigated major operational updates, including the implementation of shared bus routes and the consolidation of middle and high school students into a single building. This milestone directly advances the District's long-term master plan to consolidate its campuses. Financially, the District capitalized on its state-awarded BEST Grant, utilizing voter-approved bond extension funds to fully ... FY24/25 was a year of pivotal transformation and resilience for Platte Canyon School District 1. The District successfully navigated major operational updates, including the implementation of shared bus routes and the consolidation of middle and high school students into a single building. This milestone directly advances the District's long-term master plan to consolidate its campuses. Financially, the District capitalized on its state-awarded BEST Grant, utilizing voter-approved bond extension funds to fully remodel the former middle school building into a modern, highly functional elementary school. Additionally, the District expanded its community services by opening the new Platte Canyon Early Learning Center on the main campus in the fall of 2024. The District expanded its academic programming by introducing a Hydrology Micro-Credential and increasing online course offerings. Students achieved high success rates in both AP and college-level courses. Additionally, elementary reading intervention services continued to thrive, providing vital support to young readers in grades heavily impacted by pandemic-related closures. While state funding remains challenging, the District is in a strong financial position due to strategic staffing adjustments, right sizing through natural attrition, reducing overhead costs in areas of technology and utilities, sales of surplus land, and efficient fund management. These efforts allow for continued campus renovations while pursuing the long-term savings and efficiencies of a consolidated PK-12 campus.

Spending

Current Spending Per Student
$18,466
Current Spending per Student

View Per Student Spending Calculation

$16,845
State Average
School Level Spending per Student
  • Federal
    $538
  • State/Local
    $11,293
  • Total
    $11,831
School Share of Central Spending per Student
  • Federal
    $29
  • State/Local
    $6,606
  • Total
    $6,635

Current District Spending

  1. Learning Environment
    Learning Environment
    71%
  2. Operations
    Operations
    29%
Learning Environment Expenditures
Learning Environment
$9,034,073

View Learning Environment Breakdown

Operations Expenditures
Operations
$3,670,496

View Operations Breakdown

$12,704,569

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.

$16,101,181

Total

Total District-Allocated Spending

$28,805,750

Totals may not sum due to rounding

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Funding and Revenues

Funding

  1. Local
    Local
    50%
  2. State
    State
    45%
  3. Federal
    Federal
    6%
Local Fundings and Revenues
Local
$9,034,833

View Local Fund Breakdown

State Fundings and Revenues
State
$8,117,122

View State Fund Breakdown

Federal Fundings and Revenues
Federal
$1,032,323

View Federal Fund Breakdown

$18,184,278

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.

$0

Total

Total Funding

$18,184,278

View Property Tax Breakdown

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