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District overview

Academy School District 20

Funding structure, how it compares to peers, and where major projects stand.

Maj. Danielle Hanke, a former 26th Space Aggressor Squadron adversary threat operator, now with the 428th Electromagnetic Warfare Flight, takes a student’s question during a community outreach event at Air Academy High School, Colorado, Jan. 13, 2025. The event was part of the 310th Space Wing’s "Year of Heritage" initiative which aims to share and celebrate the history and lineage of the wing with the local community. (U.S. Air Force photo by Tech. Sgt. Marko Salopek)
U.S. Air Force photo by Tech. Sgt. Marko Salopek · public-domain

How is Academy District 20 paid for?

State formula plus local property tax; state funding is among the lowest in Colorado

Academy District 20 serves about 26,500 students in 39 schools in northern Colorado Springs, next to the U.S. Air Force Academy. Its 2026-27 general fund budget plans about $360.7 million in revenue: $212.0 million from the state, $132.9 million from local taxes and $15.8 million from federal programs. District staff told the board the district ranks 177th of 178 Colorado districts in state funding for 2026-27. A five-member elected board governs using the Policy Governance model, with a non-voting member appointed by the Air Force Academy.

Property tax

The board set a total mill levy of 45.459 mills in Dec 2025, expected to raise about $144.0 million in 2026 if all is collected.

Voter-approved extras

A mill levy override of $26,750,862 a year is fully funded and cannot grow without a vote. Voters approved $83.14 million in new bonds in Nov 2024; $36.14 million was issued in Feb 2025.

Per-pupil revenue

The adopted 2025-26 budget used $11,035 per pupil, up from $10,728 the year before. October 2025 count: 26,471 students (25,369.5 full-time equivalent).

Spending plan

The 2026-27 budget plans about $367.9 million in spending and transfers, $250.5 million of it salaries and benefits, so about $7.2 million would come from savings.

The documents reviewed show the district's own figures and staff statements about its state funding rank; they do not compare it with other districts' budgets or say how much a higher rank would change.

Where the district stands

Students counted (Oct 2025 head count)verified
26,471 students
2026-27 general fund revenue (adopted budget)verified
360,674,479 dollars
2026-27 salaries and benefits (adopted budget)verified
250,523,642 dollars
Deferred maintenance needs, July 2026verified
533,600,000 dollars
Total mill levy certified Dec 2025verified
45.459 mills
Superintendent search firm fee (plus up to $10,000 expenses)verified
35,000 dollars

Major projects

Facilities planning and 2024 bond projects

planning underway; $533.6 million in deferred maintenance listed

The district is building a long-range facilities plan and a capital improvement plan with consultant Matrix, due summer 2027, while 2024 bond projects are under way. The 2016 bond ($230 million) is complete and closed.

Next: [object Object]
  1. Voters approve $83.14 million in bonds
  2. First $36.14 million of bonds issued
  3. Board considers 2026-27 capital reserve project list (Res. 290-26)
  4. Board hears facilities and deferred maintenance report

Funding

2024 voter-approved bonds ($36.14 million issued Feb 2025)

Board vacancy filled by appointment

completed; seat on the Nov 2027 ballot

Director Amy Shandy resigned effective Sept 3, 2026. After an open application period and interviews with three finalists, the board appointed Kelli Hawkins on Sept 3 to serve until the November 2027 election.

Next: [object Object]
  1. Board accepts the resignation
  2. Interviews of three finalists
  3. Kelli Hawkins appointed

Funding

No separate cost stated in the documents reviewed

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Resources

Practical guides to school phone policies, district budgets, and administrator hiring.

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Built from Board of Education agendas, agenda packets, minutes and meeting recordings posted on the district's Diligent Community portal and YouTube channel, November 2025 to November 2026.

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