Budget
In 2007, the district employed 138 teachers. The average teacher salary in the district was $51,143 for 180 days worked. The district's average teacher salary was the second highest of all the Columbia County school districts in 2007.
The district administrative costs per pupil in 2008 were $612.80 per pupil. The lowest administrative cost per pupil in Pennsylvania was $398 per pupil. In 2005, the school board awarded a five-year contract to Harry C Mathias Jr. with an initial salary of $95,500; and an annual raise of $3,000 - $5,000. Additionally, Mathais receives an extensive benefits package. Mathais pays 5% of the cost of his health insurance. On July 20, 2009 the school board voted to extend Mathias' contract beginning July 1, 2010 and ending June 30, 2015.
Reserves - In 2008, the district reported an unreserved designated fund balance of $703,500.00 and an unreserved-undesignated fund balance of $5,215,089.00.
The district is funded by a combination of: a local income tax, a property tax, a real estate transfer tax - 0.5%, grants, coupled with substantial funding from the Commonwealth of Pennsylvania and the federal government. In Pennsylvania, pension income and social security income is exempt from both: state income tax and local earned income taxes, regardless of income level.
Read more about this topic: Central Columbia 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)
“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)
“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)