The fiscal year 2010-2011 Financial Plan and Budget has been adopted by the Board of Education of Cherry Creek School District #5 at their regular meeting held on June 14, 2010. The Financial Plan and Budget is for the fiscal year beginning July 1, 2010 and ending June 30, 2011. The budget is completed in accordance with Board of Education policies and State requirements.
Copies of the 2010-11 Financial Plan and Budget are available at the office of Cherry Creek School District, Educational Services Center, 4700 South Yosemite Street, Greenwood Village, CO 80111.
The Financial Plan and Budget has been prepared based on current funding under the School Finance Act, and includes a comprehensive financial plan for the District as well as budgets for individual schools and support services departments.
You may review the 2010-2011 Financial Plan and Budget by selecting one of the following:
Executive Briefing for Board of Education - June 14, 2010
FY2010-11 Individual School and Departments Budgets
JUNE 2010 UPDATE
COST AND RESOURCE MANAGEMENT PLAN
As part of the budget process for FY2010-11, the District held Budget Town Hall meetings in April 2010 at four school sites to review a Cost and Resource Management Plan developed for the purposes of a budget solution to deal with State funding reductions under HB10-1369 and to achieve a balanced budget.
The updated Cost and Resource Management Plan includes expenditure budget reductions of $11.1 Million which have been adjusted to reflect input received at Budget Town Hall meetings. The updated figures have been incorporated in the 2010-11 Budget presented at the June 14, 2010 regular meeting of the Board of Education.
The detailed Cost and Resource Management Plan, as updated for the
June 14, 2010 Board of Education meeting is available by selecting the following link:
2010-2011 BUDGET – ADDITIONAL PUBLICATIONS
These additional publications provide summary information on the
FY2010-11 Financial Plan at a Glance
2010-2011 MILL LEVY
In December 2010, Cherry Creek Schools certified the local property tax levy in accordance with the School Finance Act. The property tax levy provides annual school funding as authorized by State statutes and local elections.
The property tax levy is collected by the Arapahoe County Treasurer, based on certifications of assessed value provided by the Arapahoe County Assessor, for properties within the boundaries of the Cherry Creek School District.
FY2010-11 Mill Levy Presentation
Your questions and comments are welcome by contacting Guy Bellville, Chief Financial Officer at the Cherry Creek School District office (720)554-4344 or the Director of Budget at the following address:
Dan Huenneke, Director of Budget
4850 South Yosemite Street
Greenwood Village, Colorado 80111