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Budget and Finance

The Cheyenne Mountain School District's tradition of excellence extends beyond academics, athletics, and the arts to all facets of the District including its financial operations. The Cheyenne Mountain School District has a proud history of being recognized as a leader in school district financial management, and proudly maintains a credit rating of Aa1, the highest possible rating for any public entity in the state.

How does District 12 spend taxpayer dollars?

Source: FY 2017 Independent Auditor's Report Schedule of Expenditures



Where does District 12 revenue come from?

Source: FY 2017 Independent Auditor's Report of Revenue



Mill Levy Override Revenue: Charter School Share

Beginning with the 2018-2019 school year, the District will share mill levy override revenue with The Vanguard School on a per pupil basis in accordance with C.R.S 22-32-108.5.  The per pupil mill levy share as defined in C.R.S. 22-32-108.5 (2) (g) shall be determined by dividing the total additional mill levy revenue collected by the school district each budget year by the school district’s funded pupil count for that budget year.  In accordance with C.R.S. 22-32-108.5 (8), 100% of the per pupil mill levy share shall be multiplied by the number of District 12 resident students included in in the Vanguard funded pupil count for that budget year to determine the amount to be distributed to Vanguard for that budget year.

Required Financial Transparency

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Disclaimer: Please consider the context when evaluating financial transactions. Some transactions may appear improper on the surface but are perfectly normal and justifiable when placed in the proper context. We welcome your questions regarding our financial transactions or records.


The Cheyenne Mountain School District is located in the southwest corner of beautiful Colorado Springs, Colorado. The District has a total enrollment of approximately 4,600 students in preschool through twelfth grade. There are a total of five elementary schools offering grades K-6, and one preschool. The District has one junior high school for grades 7-8, a high school for grades 9-12, and a charter school serving grades K-12.


Contact Information:

     Cheyenne Mountain School District #12

     1775 LaClede Street

     Colorado Springs, CO  80905


     Natalie Morin, Executive Director of Business Services

     Phone (719) 475-6100

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