Published January 6, 2017
At the January 5 Focus on Achievement session, school board members discussed the district’s long-range financial forecast, including factors such as projected enrollment and anticipated cuts in state funding.They also heard from a panel of school leaders about budget flexibility and discussed allocation of 2016 mill levy override dollars.
Among the highlights of the financial forecast:
For more details, see slides 1-10 of tonight’s comprehensive presentation to the board by Chief Finance Officer Mark Ferrandino and his team.
Slides 11-13 provide a new spending summary of district dollars, an effort to improve understanding about how DPS allocates its funds. As shown, DPS continues to maintain a very lean central operation with central spending at only 5% of overall expenditures.
The full presentation also includes detailed information on how the district is funding work to achieve its Denver Plan 2020 goals, including mill levy allocations.