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Colorado Department of Education

Financial Transparency

Fiscal Year
2023 - 2024

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districtSummit Re-1

Silverthorne Elementary School (8376)

101 HAMILTON CREEK ROAD
SILVERTHORNE, CO 80498

Student Info
349
Total Students Served
Serves Elementary School Grades rural-school-colored

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
$18,278
Current Spending per Student

View Per Student Spending Calculation

$15,805
State Average

School Level Spending per Student
  • Federal
    $569
  • State/Local
    $10,724
  • Total
    $11,293
School Share of Central Spending per Student
  • Federal
    $426
  • State/Local
    $6,559
  • Total
    $6,985
Current School Spending
  1. Learning Environment
    Learning Environment
    93%
  2. Operations
    Operations
    7%
Learning Environment Expenditures
Learning Environment
$3,683,934

View Learning Environment Breakdown

Operations Expenditures
Operations
$257,452

View Operations Breakdown

$3,941,387

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.

$56,523

Total

Total School-Allocated Spending

$3,997,910

Totals may not sum due to rounding

Current School Share of Central Spending

  1. Learning Environment
    Learning Environment
    33%
  2. Operations
    Operations
    67%
Learning Environment Spending
Learning
Environment

$795,360
Central Operations Expenditures
Operations
$1,642,269
$2,437,629

Total

$6,435,539

Grand Total of Spending at this school