School district · Teller County, CO

Cripple Creek-Victor School District Re-1's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Cripple Creek-Victor School District Re-1 took in $11.4 million and spent $10.5 million.

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

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Where it comes from

School district taxes57%State tax money25%Federal tax money11%Fines and other3.5%Fees for services (school lunches, school tuition and transportation)2.5%County and local tax money1.3%

What stands out

11%

of Cripple Creek-Victor School District Re-1's money comes from federal tax money.Most school districts with fewer than 5,000 students get none.

School district taxes57%

Property tax
54%$6.2 million
Sales tax
2.6%$300 thousand

Fees for services2.5%

Fees for services
2.5%$290 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$148 thousand
  • School lunches$137 thousand
  • School tuition and transportation$5 thousand

Amounts are by Census type of charge.

Federal tax money11%

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

From the federal government
11%$1.3 million

State tax money25%

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

From the state
25%$2.8 million

County and local tax money1.3%

Money passed on by the county or other local governments.

From the county and other local governments
1.3%$149 thousand

Fines and other3.5%

Interest, rents and other
3.5%$399 thousand

Where it goes

Schools and colleges98%Interest on debt1.9%Sent to other local governments0.5%

Spending by category100%

Schools and colleges
98%$10.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$10.2 million
Interest on debt
1.9%$195 thousand
Sent to other local governments
0.5%$48 thousand
What's in sent to other local governmentsSent to the state government
  • Sent to the state government$48 thousand
Sources and moreWhere these numbers come from and what they cover

Cripple Creek-Victor School District Re-1. 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 Cripple Creek-Victor School District Re-1 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.