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Executive Budget Summary updated

Changes do not impact the Adopted Budget passed by Board of Education

CASTLE ROCK – Douglas County School District’s Financial Plan & Budget Executive Summary, which was presented to the Board of Education during its June 9, 2016 Special Meeting, has been updated.

A community member noticed an issue with the numbers in the FY 2015-2016 Estimated Actuals presented within the Executive Summary. Due to an issue with a formula in the Excel spreadsheet, the Ending Fund Balance showed a $35.3 million discrepancy.

The DCSD Budget team is dedicated to accuracy and immediately fixed the error, posting a corrected version on the District’s Transparency page and in the notes for the June 9 Board meeting.

The error and corresponding correction in no way change the FY 2016-2017 Budget that was approved by the Board during their June 9 meeting. The Estimated Actuals are a projection, provided as a tool to the Board, but are not used to determine the budget. 

“The Douglas County School District thanks the community member that brought the issue to its attention. We appreciate the scrutiny, as DCSD’s goal is to provide the public with accurate financial information about the District,” said Chief Financial Officer Bonnie Betz.

CLICK HERE to read the FY 2016-2017 Financial Plan & Budget Executive Summary. The FY 2016-2017 Budget Book is expected to be completed this fall.

June 24, 2016 | By rmbarber | Category: Board of Education

District News

graduates standing in line outside, smiling

DOUGLAS COUNTY – Graduation rates in the Douglas County School District (DCSD) continue to climb. Data released today by the Colorado Department of Education (CDE) shows the on-time, four-year graduation rate is now 90.4 percent.

DCSD students also made an impressive showing at graduation. The class of 2017 earned more than $82 million in scholarships.

DCSD has one of the highest graduation rates in the Denver metro area. According to CDE, DCSD graduation rates have risen steadily from 81.9 percent in 2009 to 90.4 percent in 2017.

Five female students standing on stage smiling and laughing at the awards ceremony

The top two-percent of female athletes in Douglas County School District (DCSD) were honored at the annual Girls and Women in Sports Luncheon last week at Chaparral High School. This year represented the 30th national celebration of Girls and Women in Sports Day, created to encourage and promote the participation of girls in athletics. The girls who were honored were selected by their school’s coaches, athletic directors and principals for their outstanding achievements.

Superintendent Search text based logo

Working through the recent winter break, the Douglas County School District Board of Education has kicked off its search for DCSD’s next permanent superintendent. Following a thorough vetting of potential search firms, Ray & Associates (no relation to Board Director David Ray) has been hired to conduct the national search. The cost of the firm, excluding travel expenses, is $40,000. The money will come from the school board's budget, which is used for costs such as legal expenses and conferences.