Budget Assumptions
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EDUCATION FUND
October 22, 2020
Revenue Assumptions:
- Projected enrollment: Increase by 115 students to 8,865
- Special Education Projected Pupil Count: Increase from the prior year
- Vocational Education: Increase from last year
- Academic Honors Diplomas: Increase from last year
- Summer School: About the same as last year
Total Funding as follows:
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2020 Budget Basic Grant Funding: $56,597,577 |
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2021 Budget Basic Grant Funding: $59,372,610 |
Expenditure Assumptions:
Staff Changes:
- Administrators: added 1 (Dir. Of Mental Health & School Counseling)
- Teachers: added 13.5 (9.5 classroom teachers, 3 social workers, SEL Specialist)
- Support staff: No change
Group Health Insurance:
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An average increase of 8.1% in the corporation share of the premium for January 1, 2021
- An average increase of 1.4% in the employee share of the premium for January 1, 2021
Total Expenses: $51,950,000
Tax Rate/Levy Assumptions:
This fund has no tax rate or levy. It is funded mostly by the state basic grant formula.