CO
Regular Public School District
2 Schools
Otis School District No. R-3
OTIS, CO 80743
•
Washington County
•
2 Operating Schools
(970) 246-3486
Official Website
Fiscal Year 2024 Financial Balance Sheet
Surveyed Enrollment: 198 students
Total Revenue
$4,537,000
Total Expenditure
$4,834,000
Classroom Instruction
$2,308,000
Outstanding Debt
$1,469,000
Revenue Sources
| State Government Funds | $3,064,000 | 67.5% | |
| Local Taxes & Fees | $1,334,000 | 29.4% | |
| Federal Aid | $139,000 | 3.1% | |
| Total Revenue | $4,537,000 | 100.0% |
Expenditure Allocation
| Classroom Instruction | $2,308,000 | 47.7% | |
| Support Services | $1,484,000 | 30.7% | |
| Capital Outlays | $762,000 | 15.8% | |
| Other / Operations | $280,000 | 5.8% | |
| Total Expenditure | $4,834,000 | 100.0% |
Financial Comparison & Trends Chart
Revenue per Student
Expenditure per Student
Peak Per-Pupil: $24,414
Multi-Year Financial History
Census F-33 Historical Cohorts| Fiscal Year | Enrollment | Total Revenue | Total Expenditure | Instruction Exp. | Capital Outlay | Debt Balance |
|---|---|---|---|---|---|---|
| FY 2024 | 198 | $4,537,000 | $4,834,000 | $2,308,000 | $762,000 | $1,469,000 |
| FY 2023 | 201 | $4,390,000 | $3,896,000 | $2,084,000 | $4,000 | $1,609,000 |
| FY 2022 | 211 | $4,137,000 | $3,507,000 | $1,932,000 | $9,000 | $1,745,000 |
| FY 2021 | 224 | $3,936,000 | $3,547,000 | $2,057,000 | $79,000 | $1,877,000 |
| FY 2020 | 216 | $3,810,000 | $3,258,000 | $1,668,000 | $50,000 | $2,006,000 |