1 / 0

HOLLIDAYSBURG AREA SCHOOL DISTRICT

Learn about the 2014-2015 budget developments and revenue sources, including a $4.7 million real estate tax assessment increase resulting in a net rise of $450,000. Attend the information sessions to stay informed.

anoush
Télécharger la présentation

HOLLIDAYSBURG AREA SCHOOL DISTRICT

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. HOLLIDAYSBURG AREA SCHOOL DISTRICT

    2014-2015 BUDGET INFORMATION SESSIONS
  2. NOTEWORTHY DEVELOPMENTSREVENUES Real Estate Taxes - Real Estate Tax Assessment Increase 4.7 million dollars creating net increase $450,000 Real Estate Transfer Taxes – Based on current collections $ 89,500 Earned Income Taxes – Based on current collections $ 78,000 Ready To Learn Block Grant – Omitted from Proposed Budget due to uncertainty
  3. NOTEWORTHY DEVELOPMENTSSALARIES (OBJECT 100’s) SAVINGS GENERATED FROM RETIREMENTS 9 Teacher Retirements (Net of Retirement Incentive) ($131,538) POSITIONS ELIMINATED Business Office Administrator ($ 58,000) POSITIONS CREATED Business Office Assistant $ 20,800 Director of Technology $ 60,000
  4. NOTEWORTHY DEVELOPMENTSBENEFITS (OBJECT 200’s) HEALTH INSURANCE Consortium Increase of 4% $208,800 Health Insurance Conversion to High Deductible Plan (Teacher and Administrator Employee Groups) ($778,000) Health Savings Account-District Contribution $314,050 RETIREMENT CONTRIBUTION Rate increase from 16.93% to 21.40% $861,835
  5. NOTEWORTHY DEVELOPMENTSPURCHASED SERVICES (OBJECTS 300-500’s) Copier Upgrade from Xerox to Savin ($50,737) Teacher Substitute Services Conversion $60,000 Legal Services $11,500 Electricity $17,300 Transportation $32,000 Charter School Tuition at Other Charter Schools $126,000
  6. NOTEWORTHY DEVELOPMENTS SUPPLIES & EQUIPMENT(OBJECTS 600-700’s) Supplies – Reductions generated by administrative districtwide review of each department ($32,000) Natural Gas – Based on current consumption ($36,000) Transportation Fuel Adjustment Clause ($12,500) Books – Reductions generated by administrative districtwide review of each department ($19,200) Equipment – Determinations made by administrative team upon building visits and assessments Total Equipment Budgeted $114,287
More Related