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Colorado Department of Education

Financial Transparency

Fiscal Year
2024 - 2025

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Summit RE-1 (3000)

0150 SCHOOL ROAD
FRISCO, CO 80443

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Historical Data Historical Data
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Students Info
3,475
Total Students Served
3,475
Non-Charter School Students
Serves Elementary School Grades Serves Middle School Grades Serves High School Grades Rural
9 View School List
SCHOOLS IN DISTRICT

Narrative

quotes A message from:
Kara Drake
Chief Financial Officer
Summit School District
July 01, 2025
Summit School District was formed in 1958 by a statewide reorganization of school districts. This reorganization combined six (6) small school districts in Summit County into one large district. Summit School District covers approximately 516 square miles of mountainous terrain in the central Colorado Rockies. The towns and communities of the school district include: Breckenridge, Copper Mountain, Dillon, Frisco, Keystone, Montezuma, Silverthorne and Summit Cove. ... Summit School District was formed in 1958 by a statewide reorganization of school districts. This reorganization combined six (6) small school districts in Summit County into one large district. Summit School District covers approximately 516 square miles of mountainous terrain in the central Colorado Rockies. The towns and communities of the school district include: Breckenridge, Copper Mountain, Dillon, Frisco, Keystone, Montezuma, Silverthorne and Summit Cove. Summit School District is nestled between the ski areas of Arapahoe Basin, Breckenridge, Copper Mountain and Keystone. It is located 75 miles west of Denver and 25 miles east of Vail. The school district serves approximately 3,500 students with six (6) elementary schools, one (1) middle school and one (1) high school and (1) alternative junior/senior high school. The information contained on this financial transparency website can be very informative. However, comparisons of schools and districts should be done with caution as no two schools are alike. Please contact the Summit School District Business Services Department if you have any questions regarding this data.

Spending

Current Spending Per Student
$20,799
Current Spending per Student

View Per Student Spending Calculation

$16,845
State Average
School Level Spending per Student
  • Federal
    $120
  • State/Local
    $13,132
  • Total
    $13,252
School Share of Central Spending per Student
  • Federal
    $333
  • State/Local
    $7,214
  • Total
    $7,547

Current District Spending

  1. Learning Environment
    Learning Environment
    72%
  2. Operations
    Operations
    28%
Learning Environment Expenditures
Learning Environment
$52,283,091

View Learning Environment Breakdown

Operations Expenditures
Operations
$19,992,735

View Operations Breakdown

$72,275,826

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.

$15,276,793

Total

Total District-Allocated Spending

$87,552,619

Totals may not sum due to rounding

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Funding and Revenues

Funding

  1. Local
    Local
    82%
  2. State
    State
    13%
  3. Federal
    Federal
    5%
Local Fundings and Revenues
Local
$65,033,271

View Local Fund Breakdown

State Fundings and Revenues
State
$10,317,134

View State Fund Breakdown

Federal Fundings and Revenues
Federal
$3,887,289

View Federal Fund Breakdown

$79,237,695

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.

$328,670

Total

Total Funding

$79,566,365

View Property Tax Breakdown

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