By Jenna Sampson | Boulder Reporting Lab
The Boulder Valley School District is set to spend over $550 million on operating expenditures next school year. In lockstep with declining enrollment, fixed costs continue to rise, increasing the cost per student. Boulder spends over $4,000 more per pupil than the state average of $15,000, with some schools allocating over $22,000 per student.
This yearly enrollment decline of 1.5%, combined with a new funding law and a November 2024 ballot measure to cap property taxes — a major revenue source for BVSD — has sparked concerns about the district’s future budget. Although the new funding law may provide additional state aid, this will be offset by declining enrollment unless the district manages to reduce fixed costs. One potential solution is to shut down schools, raising anxiety that this may be in BVSD’s future.
“Uncertainty is not a great place to be,” Bill Sutter, the district’s chief financial officer, said in an interview.