Budget
In 2011, the average teacher salary in Brockway Area School District was $50,590 a year, while the cost of the benefits teachers receive was $17,018 per employee, for a total annual average teacher compensation of $67,609.
In 2009, Brockway Area School District reported employing 125 teachers and administrators with a starting salary of $31,840, a median salary of $52,968 and a top salary of $110,000. Brockway Area School District teachers work 7.5 hours a day with a 30 minute duty free lunch and a daily preparation period. The work year is 183 days. Additionally, the teachers receive a defined benefit pension, health insurance (employee contributes $360 per year), dental insurance, vision insurance, life insurance, group long term disability insurance, professional development reimbursement, 3 paid personal days, 10 paid sick days, up to 5 paid bereavement days, and other benefits.
In 2007, the district employed 81 teachers. The average teacher salary in the district was $50,185 for the 180 student 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.
Brockway Area School District administrative costs per pupil in 2008 was $754.44 per pupil. The lowest administrative cost per pupil in Pennsylvania was $398 per pupil. Superintendents and administrators receive a benefit package commensurate with that offered to the district's teachers' union.
In 2008, Brockway Area School District administration reported that per pupil spending was $11,529 which ranked 337th among Pennsylvania's 501 public school districts. In 2010, the District's per pupil spending had increased to $11,681.16 Among the states, Pennsylvania’s total per pupil revenue (including all sources) ranked 11th at $15,023 per student, in 2008-09. In 2007, the Pennsylvania per pupil total expenditures was $12,759.
Reserves In 2008, the Brockway Area School District reported a balance of $1,521,132 in an unreserved-designated fund. The unreserved-undesignated fund balance was reported as $8,798,727. In 2010, Brockway Area Administration reported an increase to $11,154,096 in the unreserved-undesignated fund balance, while the unreserved-designated fund having a balance of zero. Pennsylvania school district reserve funds are divided into two categories – designated and undesignated. The undesignated funds are not committed to any planned project. Designated funds and any other funds, such as capital reserves, are allocated to specific projects. School districts are required by state law to keep 5 percent of their annual spending in the undesignated reserve funds to preserve bond ratings. According to the Pennsylvania Department of Education, from 2003 to 2010, as a whole, Pennsylvania school districts amassed nearly $3 billion in reserved funds.
In October 2010, the Pennsylvania Auditor General conducted a performance audit of the District. The findings were reported to the school board and administration. In December 2012, the Pennsylvania Auditor General conducted another performance audit of the District.
Students who live in the District's attendance range may choose to attend one of Pennsylvania's 157 public charter schools. Or a student living in a neighboring public school district may seek admission to Brockway Area School District. For these cases, the Pennsylvania Department of Education sets an annual tuition rate for each school district. It is the amount the public school district pays to a charter school for each resident student that attends the charter and it is the amount a nonresident student's parents must pay to attend the District's schools. Elementary School - $8,985.70, High School - $10,087.22
The district is funded by a combination of: a local income tax - 1%, 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 of the level of the individual’s personal wealth.
Read more about this topic: Brockway Area School District
Famous quotes containing the word budget:
“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)
“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)
“We might come closer to balancing the Budget if all of us lived closer to the Commandments and the Golden Rule.”
—Ronald Reagan (b. 1911)