Budget
In 2009, the district reported employing over 300 teachers with a starting salary of $39,000 to $124,4300 for a 189 day work year. The average teacher salary is $53,412. By contract the teachers work a 6 hour 50 minute day. Additionally, the teachers receive a defined benefit lifetime pension, health insurance (employee pays 10% of the monthly premium), vision insurance, dental insurance, college course reimbursement, 3 paid personal days, sick days - 10 to 12, a retirement bonus payment of unused sick days or a bonus lump sum of up to $7,500 and other benefits. sabbatical leave. Teachers are paid for extra instructional services at an hourly rate.
In 2007, the district employed 266 teachers. The average teacher salary in the district was $48,364 for 180 days worked.
Lebanon School District administrative costs per pupil in 2008 were $743.62 per pupil. The district ranked 265th of 500 school districts for per pupil administrative spending. The lowest administrative cost per pupil in Pennsylvania was $398 per pupil.
The district administration reported that per pupil spending in 2008 was $11,150 which ranked 385th in the state's 501 school districts.
Reserves - In 2008, the district reported a deficit of -$431,292 in a unreserved-undesignated fund balance. The designated fund balance was repoted as zero.
In December 2010, 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 for Lebanon City of 1.9%, a property tax, a real estate transfer tax 0.5%, 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 personal wealth.
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