Required Financial Transparency Colorado Revised Statutes, 22-44-304 (Commencing July 1, 2020)

District Adopted Budget - Including Uniform Budget Summary (current and prior two years)

District Financial Audit (current and prior two years)

Salary Schedules or Policies (current and prior two years)

Financial Data File for FY May 1st current year* (current and prior two years: FY18-19 & FY17-18)

List of Waivers Received by the School District - Item does not apply to Weld RE-1

Standardized Description and Rational for Each Automatic Waiver - Item does not apply to Weld RE-1

Federal Form 990, 990-EZ, or 990-PF and any associated schedules - Item does not apply to Weld RE-1

Plan for Distributing Additional Mill Levy Revenue or Statement of Intent to Distribute - Weld County School District RE-1 has been fortunate to have tremendous community support that has passed regular mill levy override initiatives. The District passed a mill levy override ballot in the 2001 November election. This levy increased the general fund revenues by $2,073,000, to provide operating revenue for increasing salaries and for implementing and expanding instructional programs. In November of 2012, an additional $1,831,000 was approved by voters to restore staff compensation and critical programs. The District receives a total of $3,904,000 in mill levy override funding per year.

Financial Transparency

Link to Financial Transparency website View: https://coloradok12financialtransparency.com

All documents must be posted or updated within 60 days (30 days for waiver information) after completion or receipt of the applicable report, statement, or document

*Financial Data File for FY19-20 is required to be posted no later than March 1st, 2021

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.