Budget
In 2007, the district employed 288 teachers. The average teacher salary in the district was $51,581 for 181 instructional days and 190 days worked.
Canon-McMillan School District administrative costs per pupil in 2008 was $735.84 per pupil. The administrative spending ranks 270th out of 500 school districts in the Commonwealth of Pennsylvania. The lowest administrative cost per pupil in Pennsylvania was $398 per pupil. In August 2011, the School Board granted a one year medical sabbatical to Superintendent Helen McCracken, who receive one half her salary and medical coverage while on leave. Additionally, she will continue to accrue benefits towards her state pension.
In 2008, the district administration reported spending $11,162 per pupil which ranked 382nd among Pennsylvania's 501 school districts.
In 2010, the district employed 452 teachers. The average teacher salary in the district was $49,951 for 187 days worked. The beginning salary was $37,000, while the highest salary was $140,000. Teachers work an 7 hour 30 minutes day, with one planning period and a paid 30 minute lunch included. Hours worked may not exceed 37.5 per week. Additionally, the teachers receive: a defined benefit pension, health insurance ($15 per month co pay (individual coverage)), dental insurance, life insurance, professional development reimbursement, 2 paid personal days, 10 paid sick days which accumulate, paid days of bereavement leave and many other benefits. The district offers an extensive retirement/longevity package. The Board and teachers' union agreed to a new on a contract for 2009-2012. According to Rep. Glen Grell, a trustee of the Pennsylvania Public School Employees’ Retirement System Board of Trustees, a 40-year educator can retire with a pension equal to 100 percent of their final salary.
In April 2011, the Pennsylvania Auditor General conducted a performance audit of the district. The findings were reported to the administration and the school board by state audit officials.
Reserves In 2008, the district reported a $1,738,440 in an unreserved-undesignated fund balance. The designated fund balance was repoted as zero.
The district is funded by a combination of: a local 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 individual's level of wealth.
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