Otis R-3 (3050)
518 DUNGAN STREET
OTIS, CO 80743
224
Total Students Served
SCHOOLS IN DISTRICT
Narrative
A message from:
Bookkeeper
Otis School District R-3
June 1, 2022
Please consider the context when evaluating financial transactions. Some transactions may appear improper on the surface but are perfectly normal and justifiable when placed in the proper context. We welcome your questions regarding our financial transactions or records.

Spending
$15,577
Current Spending per Student
Current Spending per Student
School Level Spending per Student
-
Federal$299
-
State/Local$6,344
-
Total$6,642
School Share of Central Spending per Student
-
Federal$2,229
-
State/Local$6,705
-
Total$8,935
Current District Spending
-
Learning Environment78%
-
Operations22%
$3,416,800
Total
Long-Term Spending

Construction, Debt, Refinancing & Other
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.
$266,057
Total
Total District-Allocated Spending
$3,682,856
Totals may not sum due to rounding

Funding
-
Local25%
-
State60%
-
Federal15%
$3,936,057
Total

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