Budget > Highlights

Expenditure Highlights

• Expenditures include a total of 5.9 new teaching positions: 3.9 elementary teachers, 1 secondary teacher and 1 special education teacher.
• Instructional technology initiatives and enhancements impact the budget by $1,307,325.
• The expenditure total includes payment of $1,122,993 to regular charter and cyber charter schools for the cost of tuition for district residents enrolled in these State approved schools. This is a requirement as a result of Act 22 of 1997.
• Salary and employee benefits represent approximately 63% of the district's total expenditure budget.
• Over 63% of the district's budget is budgeted for direct instruction and instructional support.
• The budget includes over $487,200 for operation and maintenance projects and equipment to maintain and enhance district buildings.

Revenue Highlights

• The millage rate for 2007/08 was established at 24.46 mills. This represents a 3.5% increase over the 2006/07 rate of 23.63, or an annual increase of $125 for the average home assessed at $150,000.
• Over 78% of the district's revenue comes from local sources, State sources represent 19%, Federal sources represents1%, and the balance (2%) comes from the accumulated fund balance.
• State instructional subsidy for 2006/07 represents approximately $1,068 per student.