Budget
In 2009, the district reports employing over 300 teachers with a starting salary of $37,000 for 180 days for pupil instruction. The average teacher salary was $51,879 while the maximum salary is $117,00. 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. Teacher work a 7 hour 30 minute day which includes a 30-minute paid lunch break. Teachers are provided a 30 -80 minute planning period each day. Additionally, Bangor Area School District teachers receive a defined benefit pension, health insurance, professional development reimbursement, 2 paid personal days, 1 paid emergency day, 11 sick days, disability insurance and other benefits. Wen a teacher has no absences for one year they receive $250 at the close of the school year. Teachers are paid extra if they are required to work outside of the regular school day 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.
In 2007, the district employed 245 teachers. The average teacher salary in the district was $47,777 for 180 school days worked.
Bangor Area School District administrative costs per pupil in 2008 was $727.52 per pupil. The district was ranked 278th out of 500 in Pennsylvania for administrative spending. The lowest administrative cost per pupil in Pennsylvania was $398 per pupil.
In 2008, Bangor Area School District reported spending $11,690 per pupil. This ranked 136th in the Commonwealth.
- Reserves
In 2009, the district reported $3,920,950 in an unreserved-undesignated fund balance. The designated fund balance was reported as zero.
In August 2009, the Pennsylvania Auditor General conducted a performance audit of the district. Findings were reported to the administration and school board.
The district is funded by a combination of: a local income tax, a property tax, a real estate transfer tax, 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 and Social Security income are exempted from state personal income tax and local earned income tax regardless of the individual's wealth.
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