GVAC & Our Network » GVAC Expenses & Revenue

GVAC Expenses & Revenue

Revenue Sources
The majority of GVAC funding comes from its member schools sharing the costs.
Shared Costs
As a public charter school, each Global Village Academy receives an average of $6,700 per pupil in state funds.

The costs for GVAC services are shared by each of the schools based on a percentage of their respective general fund revenues. The GVAC Board, which includes voting members from each local school’s Board, has currently established the cost-sharing amount at eight percent.

Similarly sized Colorado school districts in 2013 paid an average of 16.2% more per pupil for comparable central administrative services. (Source: CDE financial reports for school districts with total enrollment of 2,400 to 3,200 students)