Budget
In 2007, the average teacher salary in the district was $58,120 for 180 days worked. The district ranked fourth in Allegheny County for average teacher salary in 2007. The average teacher salary in Pennsylvania was $54,977. The average salary in Allegheny County was $57,755. As of 2007, Pennsylvania ranked in the top 10 states in average teacher salaries. When adjusted for cost of living Pennsylvania ranked fourth in the nation for teacher compensation.
In 2009, the district employed over 118 teachers. The average teacher salary in the district was $59,402 for 180 days instructing students. The beginning salary was $37,728, while the highest salary was $114,737. The beginning salary was whole the highest salary was $147,000. Additionally, the teachers receive a defined benefit pension, health insurance, professional development reimbursement, paid personal days, 10 paid sick days, and other benefits. According to State Rep. Glen Grell, a trustee of the Pennsylvania Public School Employees’ Retirement System Board, a 40-year educator can retire with a pension equal to 100 percent of their final salary.
The district reported that its per pupil spending was $13,577. This ranked 131st among 501 Pennsylvania public school districts.
Carlynton School District administrative costs per pupil in 2008 were $924 per pupil. The district ranked 88th of 500 school districts for per pupil administrative spending. The lowest administrative cost per pupil in Pennsylvania was $398 per pupil. In September 2008, the school board gave Superintendent Michael Panza a five-year extension of his contract after awarding him a 3% raise. He will continue to receive the same health insurance benefits the teachers and a $50,000 life insurance policy. The Pennsylvania School Boards Association reports statistics on salaries of public school district employees in Pennsylvania. According to the association, the average salary for a superintendent for the 2007-08 school year was $122,165.
In 2008, the district reported an unreserved designated fund balance of zero and an unreserved-undesignated fund balance of $8,457,208.00. In 2010, the reserves had increased to an unreserved designated fund balance of zero and an unreserved-undesignated fund balance of $12,189,295.00.
In August 2009, the Pennsylvania Auditor General conducted a performance audit on the district. Several findings were reported to the school board and administration.
The district is funded by a combination of: a local earned income tax, a property tax, a real estate transfer tax 0.5%, coupled with substantial funding from the Commonwealth of Pennsylvania and the federal government. Grants can provide an opportunity to supplement school funding without raising local taxes. In the Commonwealth of Pennsylvania, pension income and Social Security income are exempted from state personal income tax and local earned income tax, regardless of the income level.
Read more about this topic: Carlynton School District
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