Financial Transparency

About the Public School Financial Transparency Act

Section 22-44-300, et. seq., C.R.S.

With the passage of HB 10-1036 (PDF), The General Assembly enacted the "Public School Financial Transparency Act", which directs local education providers to post financial information on-line, in a downloadable format, for free public access.

Timeline for Compliance

All documents must be posted or updated within 60 days after completion or receipt of the applicable report, statement or document.
Prior two budget years' financial information shall be maintained on-line, in a downloadable format, for free public access, until the end of the current budget year.

Financial Transparency for Colorado Schools Website

Required Format

Pursuant to HB 14-1292 (PDF), the Financial Policies and Procedures Advisory Committee of the Department created templates included below for use by local education providers needing assistance with the on-line posting of the information specified.

Resources

Templates

Financial Transparency Webpage Template:

Icons

Download the Financial Transparency Icon

Small Rural School Districts

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Chart of Accounts

School Finance Expenditure Analytics

Expenditure Analytics

Required Financial Information

Annual Budgets:
- District Budget Document
- Uniform Budget Summary Sheet (XLSX)
  Although the Uniform Budget Summary Sheet does not meet mandatory budget content as required in 22-44-105 C.R.S., it is required to be included in the budget.
Financial Audit
Salary Schedules or Policies
Financial Data File for FY17-18 (current and prior year: e.g. FY16-17 and FY15-16)
List of Waivers Received by the School District / Charter School
Standardization Description and Rational for each waiver
Federal Form 990, 990-EZ, or 990-PF
Other Specific Financial Information
Link to Financial Transparency for Colorado Schools website: https://coloradok12financialtransparency.com
Link to Colorado Department of Education School Finance Division: http://www.cde.state.co.us/cdefinance

Data Redaction

Please ensure all bank account numbers, credit card account numbers and any other sensitive account information is redacted off the financial transparency information posted.