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CO Regular Public School District 7 Schools

School District No. Re-1 Valley

STERLING, CO 80751 • Logan County • 7 Operating Schools
(970) 522-0792
Official Website

Fiscal Year 2024 Financial Balance Sheet

Surveyed Enrollment: 1,887 students
Census F-33 • FY 2024
Total Revenue
$31,586,000
Total Expenditure
$31,361,000
Classroom Instruction
$15,831,000
Outstanding Debt
$10,465,000

Revenue Sources

State Government Funds: $16,578,000 (52.5%) Local Taxes & Fees: $10,869,000 (34.4%) Federal Aid: $4,139,000 (13.1%)
State Government Funds $16,578,000 52.5%
Local Taxes & Fees $10,869,000 34.4%
Federal Aid $4,139,000 13.1%
Total Revenue $31,586,000 100.0%

Expenditure Allocation

Classroom Instruction: $15,831,000 (50.5%) Support Services: $11,863,000 (37.8%) Capital Outlays: $1,915,000 (6.1%) Other / Operations: $1,752,000 (5.6%)
Classroom Instruction $15,831,000 50.5%
Support Services $11,863,000 37.8%
Capital Outlays $1,915,000 6.1%
Other / Operations $1,752,000 5.6%
Total Expenditure $31,361,000 100.0%

Financial Comparison & Trends Chart

$0$5,000$10,000$15,000$20,000FY 2020 Revenue/Student: $11,553$11,553FY 2020 Expenditure/Student: $10,568$10,568FY 20202,258 stdsFY 2021 Revenue/Student: $12,457$12,457FY 2021 Expenditure/Student: $11,980$11,980FY 20212,104 stdsFY 2022 Revenue/Student: $13,923$13,923FY 2022 Expenditure/Student: $11,477$11,477FY 20221,996 stdsFY 2023 Revenue/Student: $14,788$14,788FY 2023 Expenditure/Student: $13,048$13,048FY 20231,972 stdsFY 2024 Revenue/Student: $16,739$16,739FY 2024 Expenditure/Student: $16,620$16,620FY 20241,887 stds
Revenue per Student Expenditure per Student
Peak Per-Pupil: $16,739

Multi-Year Financial History

Census F-33 Historical Cohorts
Fiscal Year Enrollment Total Revenue Total Expenditure Instruction Exp. Capital Outlay Debt Balance
FY 2024 1,887 $31,586,000 $31,361,000 $15,831,000 $1,915,000 $10,465,000
FY 2023 1,972 $29,161,000 $25,730,000 $13,432,000 $373,000 $11,915,000
FY 2022 1,996 $27,791,000 $22,908,000 $11,765,000 $0 $13,310,000
FY 2021 2,104 $26,210,000 $25,206,000 $13,090,000 $57,000 $10,680,000
FY 2020 2,258 $26,087,000 $23,863,000 $13,273,000 $515,000 $11,760,000