Cañon City Schools

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Financial Transparency

Financial TransparencyColorado Revised Statutes, 22-44-304

(commencing July 1, 2019)

Cañon City Schools (School District Fremont Re-1) serves over 3600 students in kindergarten through twelfth grades and employs roughly 500 teachers, education support professionals and administrators. Cañon City Schools has three K-5 elementary schools, one K-8 exploratory school, one K-8 school, one 6-8 middle school, one 9-12 high school and one K-8 charter school.

 

Cañon City Schools strives to provide open and honest communications with its many community stakeholders. In order to meet the requirements of The Public School Financial Transparency Act, we have posted required financial and other related information under the Financial Transparency link on the district’s website located at www.canoncityschools.org.

 

During fiscal year 2019 (July 1, 2018 – June 30, 2019), Cañon City Schools spent approximately $7,716 in General Fund monies to educate each of its students.  General Fund expenditures were $28,784,370.  Salaries and benefits for instructional, support and all other staff accounted for the majority of expenditures – approximately 81%.

 

Cañon City Schools receives revenues from local, state and federal sources.  State School Finance formula provides the majority of General Fund revenues with State equalization providing 60% and local property and specific ownership taxes accounting for 28%. Other local, State and federal sources provide the remaining 12% of General Fund revenues.

 

Cañon City Schools is one of the lowest funded school districts in the State of Colorado on a per pupil funding basis. This status as a ‘floor funded’ district continues to be a major challenge in educating our students.

 

Cañon City Schools continues to follow conservative operating, budgeting and investing practices utilizing its available resources in an effort to provide the best possible education to its students.

 

          Disclaimer: 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.


Contact Information:

Leslie F. "Buddy" Lambrecht
Director of Business Services
buddy.lambrecht@canoncityschools.org
719-276-5707

Keri Peterson
Payroll & Accounting Manager
keri.peterson@canoncityschools.org
Phone: 719-276-5712

Fremont Re-1 Schools
101 N. 14th Street
Cañon City, CO 81212
Phone: 719-276-5700
Fax: 719-276-5739