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Colorado Department of Education

Financial Transparency

Fiscal Year
2021 - 2022

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Center 26 JT (2810)

550 S. SYLVESTER AVENUE
CENTER, CO 81125

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Students Info
617
Total Students Served
Serves Elementary School Grades Serves Middle School Grades Serves High School Grades Rural
5 View School List
SCHOOLS IN DISTRICT

Narrative

quotes A message from:
Coleen "Betty" Salazar
Director of Finance
Center Schools 26JT
July 01, 2023
The Center Consolidated School District 26JT (CCSD) fiscal year begins July 1 and ends on June 30. Our District uses a modified accrual method of fund accounting and our chart of accounts aligns with that of the Colorado Department of Education (CDE). Our Board of Directors review financial statements each month during the Regular Board of Director’s meeting. Quarterly Statements are currently being fashioned for Board review ... The Center Consolidated School District 26JT (CCSD) fiscal year begins July 1 and ends on June 30. Our District uses a modified accrual method of fund accounting and our chart of accounts aligns with that of the Colorado Department of Education (CDE). Our Board of Directors review financial statements each month during the Regular Board of Director’s meeting. Quarterly Statements are currently being fashioned for Board review as well. These financial statements are unaudited and are not adopted by the Board but are available to the public on the District’s website within the “Financial Transparency” module under “Other District-Specific Financial Information”. CCSD is required to submit a budget for Board adoption prior to May 31. The Final version of the current fiscal year’s budget must be submitted by January 31. All budget information is available for public inspection. The budgets are posted on the District’s website within the “Financial Transparency” module under “District Adopted Budgets”.

Spending

Current Spending Per Student
$19,260
Current Spending per Student
$13,509
State Average
School Level Spending per Student
  • Federal
    $2,043
  • State/Local
    $11,548
  • Total
    $13,591
School Share of Central Spending per Student
  • Federal
    $2,085
  • State/Local
    $3,584
  • Total
    $5,669

Current District Spending

  1. Learning Environment
    Learning Environment
    78%
  2. Operations
    Operations
    22%
Learning Environment Expenditures
Learning Environment
$9,313,062

View Learning Environment Breakdown

Operations Expenditures
Operations
$2,570,430

View Operations Breakdown

$11,883,492

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.

$1,675,769

Total

Total District-Allocated Spending

$13,559,261

Totals may not sum due to rounding

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Funding and Revenues

Funding

  1. Local
    Local
    14%
  2. State
    State
    54%
  3. Federal
    Federal
    32%
Local Fundings and Revenues
Local
$2,290,609

View Local Fund Breakdown

State Fundings and Revenues
State
$8,502,486

View State Fund Breakdown

Federal Fundings and Revenues
Federal
$5,026,108

View Federal Fund Breakdown

$15,819,203

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.

$314

Total

Total Funding

$15,819,516

View Property Tax Breakdown

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