School district · Arapahoe County, CO

Cherry Creek School District 5's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Cherry Creek School District 5 took in $995 million and spent $1.03 billion.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

State tax money50%School district taxes44%Fees for services (school lunches, school tuition and transportation)3.1%Fines and other2.3%County and local tax money0.3%

What stands out

44%

of Cherry Creek School District 5's money comes from property tax.A typical school district with 25,000+ students gets 33%.

School district taxes44%

Property tax
44%$439 million
Other taxes
<0.1%$549 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$549 thousand

Amounts are by Census tax category.

Fees for services3.1%

Fees for services
3.1%$30.7 million
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$28.7 million
  • School lunches$1.6 million
  • School tuition and transportation$356 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
<0.1%$23 thousand

State tax money50%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
50%$499 million

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$2.6 million

Fines and other2.3%

Interest, rents and other
2.3%$22.9 million

Where it goes

Schools and colleges97%Interest on debt2.8%

Spending by category100%

Schools and colleges
97%$1.00 billion
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$1.00 billion
Interest on debt
2.8%$29.3 million
Sent to other local governments
<0.1%$15 thousand
What's in sent to other local governmentsSent to the state government
  • Sent to the state government$15 thousand
Sources and moreWhere these numbers come from and what they cover

Cherry Creek School District 5. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Cherry Creek School District 5 itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.