Budget Introduction

The Mesa County Valley School District 51 budget for the fiscal year beginning July 1, 2016 and ending June 30, 2017 was adopted June 21, 2016. It was re-adopted on January 17, 2017. The budgets presented are in compliance with applicable Colorado Revised Statutes and Colorado Department of Education regulations.

We are pleased to present the 2016-2017 budget for Mesa County Valley School District 51. The District continually strives to provide a quality education for all children while prudently managing our financial resources. Revenues are expected to increase by $129 per pupil for 2016-17.

The budget presented incorporates the current Board Long Term Plan as the underlying drivers of spending decisions. They are the basis for prioritizing spending and program opportunities. The budget includes spending for a multi-year maintenance plan, salary increases for all employee groups, a transition to a Performance Based Learning philosophy and a non-designated general fund balance of approximately 4% of general fund expenditures.

The Board of Education in cooperation with the Mesa Valley Education Association negotiated an agreement that is a first major step in an overhaul of the District's compensation system. The new system will reward teachers for demonstrating best practice teaching and increasing student performance, a significant change from the traditional salary schedule, which rewarded years of service.

Performance Based Learning helps prepare all K-12 students for college and career by ensuring that they meet or exceed standards at a pace that is appropriately challenging, rather than waiting for their peers to catch up or moving on without having fully mastered the standards. Students demonstrate mastery in a set of standards within a subject before advancing.

This agreement places District 51 among the finest in Colorado, leading education reform.

The Board of Education and Administration will continue to maintain sound fiscal policies resulting in a strong financial position for the District. The District will focus resources on strategic goals while accepting responsibility for the stewardship of public funds. This new budget represents the efficient and responsible spending of taxpayer funds focused on providing our students with a high quality education for every student, everyday learning for life.

FUNDS

The District has many funds and each is considered a separate accounting entity. They are each used for a specific purpose to benefit the students in the district. There are six fund categories:

Governmental Funds:

General Fund

Colorado Preschool Program Fund

Independence Academy Charter School

Juniper Ridge Community School

Mesa Valley Community School

Special Revenue:

Nutrition Services

Physical Activities

Beverage

Governmental Designated Purpose Grants

Career Center Grant

Other Local Projects/Grants

Debt Service:

Bond Redemption

Capital Projects Fund:

Building

Capital Projects

Enterprise Fund:

Prior to the 14-15 school year, Nutrition Services was recorded as an Enterprise Fund. CDE regulations now require that Nutrition Services be recognized as a Special

Revenue Fund.

Internal Service Fund:

Insurance

Dental Insurance

Medical Insurance

If you would like further information, please contact the Financial Services department or drop by and pick up a copy of the most recent Adopted budget.

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