Colorado Department of Education

Financial Transparency

Fiscal Year
2020 - 2021

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San Luis Valley BOCES (9055)

2261 ENTERPRISE DR
ALAMOSA, CO 81101

Students Info
0
Total Students Served
Rural
SCHOOLS IN DISTRICT

Narrative

quotes A message from:
Staci Turner
Business Manager
San Luis Valley BOCES
June 1, 2022
The San Luis Valley BOCES is a Regional Education Agency located in the San Luis Valley of south central Colorado and serves all 14 school districts within the region. Special Education providers are assigned to districts based upon the number of students served. The BOCES is committed to the basic premise that the purpose of a public-school education is to help each child, including those with disabilities, develop to ... The San Luis Valley BOCES is a Regional Education Agency located in the San Luis Valley of south central Colorado and serves all 14 school districts within the region. Special Education providers are assigned to districts based upon the number of students served. The BOCES is committed to the basic premise that the purpose of a public-school education is to help each child, including those with disabilities, develop to the limit of their own capacity. The BOCES goal is to provide full educational opportunities to all children with disabilities. Each child with a disability shall be offered an individual education program to meet their needs. The SLV BOCES provides a free and appropriate public education to all eligible students from 3 to 21 years of age. The BOCES financial status is stable. The beginning fund balance on July 1, 2020 was $1,217,768 and ending fund balance on June 30, 2021 was $1,186,341; which is a decrease of $31,427. During the 2020/2021 fiscal year, the world continued to experience the COVID-19 pandemic; which brought much instability to the budget, as well as how services were provided to students throughout the San Luis Valley. The budget faired pretty well, but the economic impact of the pandemic will be felt for several years. The BOCES did receive $43,402 in COVID-19 funding that was used for expenses associated with COVID such as personal protective equipment, cleaning supplies, technology, extra duty/hazard stipends, etc. The financial position of the BOCES remained fairly strong during the fiscal year even with a slight decrease to the beginning fund balance. Monthly, the Executive Director and finance staff reviewed financial reports to track expenditures within budget categories. Any problems noted were attended to immediately. Quarterly reports of the fiscal position of the BOCES are supplied to the Board of Directors as required by state law. The financial information is available online at www.slvboces.org. The operations of the BOCES during the 2020/2021 fiscal year showed a wide variety of programs that were funded. The department of Exceptional Student Services remains the largest operation in the BOCES with approximately 50 staff members. The Alternative Teacher Licensure Program remained a success with eight candidates completing the program in 2020/2021. This program provides an alternative option for local residents to earn a Colorado teacher’s license while on the job. Member school districts utilize this option to find quality people who have knowledge and skills that can benefit students. Another great program offered through the BOCES is the Induction Program with 29 candidates in 2020/2021. This is a collaborative endeavor between the BOCES and member school districts. New teachers and/or principals, as well as administrators are enrolled in the program and work with mentors in their district. The induction program is designed to aid their transition into the district and enhance their professional capacity. Successfully completing the program allows the participants to be eligible to apply for a professional license from the Colorado Department of Education (CDE). Participation in an induction program is required by CDE in order to convert a three-year initial teaching, special services, or administrative license to a professional one with a five-year term. The BOCES continued to receive IDEA Part B and Federal Preschool dollars for the 2020/2021 fiscal year. In addition, the BOCES continued to receive EARSS, SWAP, CO-MTSS, McKinney-Vento, Gifted & Talented, Universal Screening, Title III and various other federal and state funds to support students in the San Luis Valley. The BOCES began billing for Medicaid in 2020/2021. The BOCES supports the salaries of speech therapists, school psychologists, occupational therapists, physical therapists, an audiologist, special education teachers, paraprofessionals, records, administration, etc. The board initiated no new construction projects during this fiscal year. Some outdoor maintenance did take place in June 2021. Currently Known Facts Having Effect on Financial Position Member school districts of the BOCES are facing unstable enrollment, as well as having to continuously cut their budgets. Since there were extreme decreases in revenue at the district level, the BOCES was also required to make cuts in its budget, and will need to continue to look at budget cuts. Just to reiterate, there is also concern over what future budgets will look like due to the economic impact of the COVID-19 pandemic. The continual cost due to the increase in health insurance, PERA and other employee benefits continues to be a concern. Since the BOCES covers an 8,000 square mile area, the fluctuating price of fuel and upkeep of vehicles is also a concern. Questions regarding this report should be directed to Staci Turner, Business Manager at (719) 587-5405, sturner@slvboces.org or by mail at San Luis Valley BOCES, 2261 Enterprise Drive, Alamosa, CO 81101.

Spending

Current Spending Per Student
$0
Current Spending per Student
$12,542
State Average

School Level Spending per Student
  • Federal
    $0
  • State/Local
    $0
  • Total
    $0
School Share of Central Spending per Student
  • Federal
    $0
  • State/Local
    $0
  • Total
    $0

Current District Spending

  1. Learning Environment
    Learning Environment
    83%
  2. Operations
    Operations
    17%
Learning Environment Expenditures
Learning Environment
$3,924,030

View Learning Environment Breakdown

Operations Expenditures
Operations
$794,606

View Operations Breakdown

$4,718,637

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.

$3,077

Total

Total District-Allocated Spending

$4,721,713

Totals may not sum due to rounding

Funding and Revenues

Funding

  1. Local
    Local
    20%
  2. State
    State
    54%
  3. Federal
    Federal
    26%
Local Fundings and Revenues
Local
$908,716

View Local Fund Breakdown

State Fundings and Revenues
State
$2,522,611

View State Fund Breakdown

Federal Fundings and Revenues
Federal
$1,225,723

View Federal Fund Breakdown

$4,657,050

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.

$0

Total

Total Funding

$4,657,050

View Property Tax Breakdown