Financial Transparency Organizations
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Colorado Department of Education

Financial Transparency

Fiscal Year
2024 - 2025

Home
Students Info
192
Total Students Served
192
Non-Charter School Students
Serves Elementary School Grades Serves Middle School Grades Serves High School Grades Rural
SCHOOLS IN DISTRICT

Narrative

quotes A message from:
Hannah Fiscus
Contracted Finance
Otis R-3
July 01, 2026
Otis School District R-3 is committed to fostering academic rigor, creativity, and effective communication, while ensuring a safe, supportive, and challenging learning environment. Through strong partnerships with parents and the community, we strive to prepare every student with the knowledge, skills, and mindset to become contributing community members. Otis School District R-3 is committed to fostering academic rigor, creativity, and effective communication, while ensuring a safe, supportive, and challenging learning environment. Through strong partnerships with parents and the community, we strive to prepare every student with the knowledge, skills, and mindset to become contributing community members.

Spending

Current Spending Per Student
$22,402
Current Spending per Student

View Per Student Spending Calculation

$16,845
State Average

School Level Spending per Student
  • Federal
    $335
  • State/Local
    $10,739
  • Total
    $11,074
School Share of Central Spending per Student
  • Federal
    $905
  • State/Local
    $10,423
  • Total
    $11,328

Current District Spending

  1. Learning Environment
    Learning Environment
    70%
  2. Operations
    Operations
    30%
Learning Environment Expenditures
Learning Environment
$3,018,173

View Learning Environment Breakdown

Operations Expenditures
Operations
$1,283,028

View Operations Breakdown

$4,301,201

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.

$553,460

Total

Total District-Allocated Spending

$4,854,661

Totals may not sum due to rounding

Funding and Revenues

Funding

  1. Local
    Local
    26%
  2. State
    State
    71%
  3. Federal
    Federal
    3%
Local Fundings and Revenues
Local
$1,195,247

View Local Fund Breakdown

State Fundings and Revenues
State
$3,313,564

View State Fund Breakdown

Federal Fundings and Revenues
Federal
$140,440

View Federal Fund Breakdown

$4,649,251

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.

$201,813

Total

Total Funding

$4,851,064

View Property Tax Breakdown