Budget
In 2009, the district reported employing over 80 teachers with a salary range of $35,000 to $90,000. In 2010 the district reported the average teacher salary was $48,731.
In 2007, the district employed 66 teachers. The average teacher salary in the district was $46,993 for 182 days worked. 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. Additionally, the teachers receive a defined benefit pension, health insurance, professional development reimbursement, personal days, sick days, and other benefits. Teachers receive additional pay for extracurriculars, coaching, head teacher work, days past 182 worked and more.
Jefferson-Morgan School District administrative costs per pupil in 2008 was $779.08 per pupil. The lowest administrative cost per pupil in Pennsylvania was $398 per pupil. The Pennsylvania School Boards Association keeps statistics on salaries of public school district employees in Pennsylvania. According to the association's report, the average salary for a superintendent for the 2007–08 school year was $122,165. Superintendents and administrators receive a benefit package commensurate with that offered to the district's teachers' union.
Reserves In 2008, the district reported a $1,580,711 in a unreserved-undesignated fund balance. The designated fund balance was reported as zero.
In 2008, the district reported per pupil spending was $13,259 which ranked 155th among Pennsylvania's 501 school districts.
In July 2009, the Pennsylvania Auditor General conducted a performance audit of the district. The findings were reported to the administration and the school board.
The district is funded by a combination of: a local earned income tax, a property tax, a real estate transfer tax, coupled with substantial funding from the Commonwealth of Pennsylvania and the federal government. In the Commonwealth of Pennsylvania, pension income and Social Security income are exempted from state personal income tax and local earned income tax, regardless the of person's wealth.
Read more about this topic: Jefferson-Morgan School District
Famous quotes containing the word budget:
“A budget takes the fun out of money.”
—Mason Cooley (b. 1927)
“The United States is the only great nation whose government is operated without a budget. The fact is to be the more striking when it is considered that budgets and budget procedures are the outgrowth of democratic doctrines and have an important part in developing the modern constitutional rights.... The constitutional purpose of a budget is to make government responsive to public opinion and responsible for its acts.”
—William Howard Taft (1857–1930)
“You can fool all the people all the time if the advertising is right and the budget is big enough.”
—Joseph E. Levine (b. 1905)