Budget
In 2009, the district reported employing over 200 teachers with a salary range of $32,476 to $89,000 for 180 days. The median teacher salary is $56,090. Additionally, teachers receive an extensive benefits package including: life insurance, health insurance, defined benefit pension, paid professional development, paid sick days and paid personal days.
In 2007, the district employed 172 teachers. The average teacher salary in the district was $54,104 for 180 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.
The Somerset Area School District administrative costs per pupil in 2008 was $813.88 per pupil. This ranked 179th for per pupil administrative spending in the state. The lowest administrative cost per pupil in Pennsylvania was $398 per pupil. In June 2010, Krista Mathais was awarded a five contract as superintendent with an annual salary of $110,000. Former Superintendent, David Pastrick, resigned March 15, 2010 after a paid, 19-week leave of absence.
Per Pupil spending In 2008, the district reported spending $12,564 per pupil which ranked 215th among Pennsylvania's 500 school districts.
Reserves In 2008, the district reported a $3,443,176 in a unreserved-undesignated fund balance. The designated fund balance was reported as zero.
In September 2010, the Pennsylvania auditor General conducted a performance audit of the district. The findings were reported to the school board and the administration. It was concluded that the District did take appropriate corrective action to address the deficit fund balance of 2006.
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. 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 person's wealth.
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