Budget Assumptions
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EDUCATION FUND
BUDGET ASSUMPTIONS
OCTOBER 20,2022
Revenue Assumptions:
- Projected enrollment: Increase by 359 students to 9,430
- Special Education Projected Pupil Count: Increase from the prior year
- Vocational Education: Increase from last year
- Academic Honors Diplomas: Decrease from last year; smaller graduating class
- Summer School: About the same as last year
Total Funding as follows:
Expenditure Assumptions:
Staff Changes:
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Administrators: No change
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Teachers: 13 classroom teachers
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Support staff: 4 classroom aides
Group Health Insurance:
- An average increase of 5.1% in the corporation's share of the premium for January 1, 2023
- An average increase of 2.1% in the employee share of the premium for January 1, 2023
Total Expenses: $60,180,000
Tax Rate/Levy Assumptions:
This fund has no tax rate or levy. It is funded mostly by the state basic grant formula.