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Financial Services

The Financial Services division provides for the effective, transparent and timely management of the district’s resources. Its departments partner with schools and other central services departments to manage:

  • Financial forecasting to ensure resources are deployed strategically
  • Budgeting to develop the district's annual expense plan utilizing Student Based Budgeting for schools and Start, Stop, Continue identification process with departments.   
  • Grants accounting assists Jeffco departments and schools with grant applications and accounting for grant awards. Individual grant specialists can support with accounting, reimbursement requests and the preparation of financial reports.
  • Accounting provides rigorous focus on ensuring we are excellent stewards of taxpayer dollars, the district is committed to adhering to policies and procedures, generally accepted accounting principles, and all applicable regulations from authoritative governing bodies.
  • Payroll provides accurate and timely processing of monthly payroll for more than 14,000 employees. Payroll is responsible for processing pay adjustments due to leaves, terminations, garnishments, and other employee actions affecting pay.
  • Procurement resources supporting the district in ethical and fair competition in the acquisition of goods and services; vendor, contractor, service partner contracting opportunities; and goods resource management. 
  • Risk management assists principal and financial secretaries, business managers and departments with their fiscal processes. 
  • Internal audit provides independent, objective assurance and consulting services to improve district operations. The team helps Jeffco accomplish its objectives through systematic evaluation of governance, risk management and control processes.

Jeffco follows best practices, policies and procedures that provide responsible use of public funds. The primary Board of Education policies that relate to Financial Services’ work include EL-15 Budgeting, EL-16 Financial Administration and EL-17 Asset Protection.

Financial Publications

Financial publications can be found on the Financial Transparency webpage.

Financial Services Resources

Financial Services Committees

Audit Oversight Committee

The Audit Committee was established by the Board of Education to fulfill the district’s responsibilities to carefully and responsibly manage money and assets per policy DIEA.

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Financial Advisory Committee (FAC)

The Financial Advisory Committee (FAC) was established in December 1999. The committee typically meets monthly to assist the Jeffco Board of Education in fulfilling its fiduciary oversight responsibilities per district policy DIEE and DIEE-R.

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Boundary Study

Jeffco’s 2023-24 boundary study seeks to better understand enrollment trends so the district operates as efficiently as possible and provides a high-quality education to all students.

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Federal stimulus relief funds called Elementary and Secondary School Emergency Relief (ESSER) funds have been allocated by Congress to state education agencies and local school districts to help with the unexpected expenses from the COVID-19 pandemic.

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Financial Transparency

Jeffco provides a clear view of how tax dollars are spent and how the district operates. Use the searchable payment review database to track expenses and view salary schedules.

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Membership Projection Reports

The Jeffco Finance, Planning & Analysis department produces annual enrollment projections, an important tool used in district operations.

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The Procurement Department ensures that the products and services needed to operate Jeffco schools and departments meet district standards and are purchased at the best value.

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Student-Based Budgeting

Jeffco Public Schools provides budgetary resources to schools through a hybrid approach that combines student-based funds with staff that are allocated and funded from department budgets.

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Student Fees

The Financial Services team helps schools establish fair and transparent fees, consistent with state statute.

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