District 49 strives to remain a trustworthy recipient of taxpayer investment. Throughout continued growth, the district’s financial outlook remains fundamentally sound.
|Statement of Purpose
|The District 49 business office creates a firm foundation for our district as good stewards of stakeholder trust and taxpayer investment to this community. We accomplish this through exceptional customer service, efficient and effective processes, with comprehensive strategic planning. Working as a team, we commit to communicating effectively and treating each other respectfully in all of our interactions.
From a business perspective, we benefit from inspiring teamwork initiatives and professional development. Highly qualified financial staff members work in close collaboration with educational leaders. That collaboration is a key contributor to the district’s solid financial position. When its community asks for more efficiency, the district responds. The values with which we manage our district financially reflect the values of our community. The district’s culture is ensuring we operate responsibly with taxpayer dollars.
From a financial perspective, we point to a couple of items:
- District 49, like all public entities, is subject to an annual financial audit by an independent audit firm. For the last couple of years, Hoelting and Company Inc., an external auditor, has consistently provided opinions stating District 49 finances are sound and follow appropriate accounting principals.
- We have the sophistication to self-prepare the audit report, titled “Comprehensive Annual Financial Report,” which includes relevant statistical information to supplement the financial data normally presented.
- All school districts are measured against each other and against an expectation of fiscal responsibility by the Office of the State Auditor. District 49 compares favorably. Among our peers, the 20 largest school districts in Colorado, District 49 has consistently ranked in the top five for overall fiscal health. We do this with one of the lowest levels of funding from the state formula, and with relatively little override funding from local taxpayers. District 49 is one of the most efficient districts in Colorado.