BUDGET PRESENTATION

April 1, 2011

RevenueREVENUE F/Y/E June 30, 2012 750 Students  

Federal IDEA Funding $56,550.00Federal Money Paid for ESE, not

including gifted

Florida Finance Program (FTE) $2,883,802.50 Per student FTE

Instructional Materials $68,072.50 Textbooks Funds

Discretionary Lottery Funds $8,130.00

Reading Instruction $28,515.00Money received for following the

County’s Reading Plan

Misc State Revenue $168,660.00

Capital Outlay Funds $369,000.00Money to fund Charter School

Facilities via State

Class Size Reduction $684,352.50Money received for Maintaining 22

Students per Classroom

District School Taxes $1,179,060.00 $671,672.22 from Referendum

District Local Capital Imp $301,335.00Money that is reimbursed by the

County for Capital Expenses

Interest Income - Operating $7,704.02 Interest on Savings

Private Grants & Donations $6,000.00Total Revenues $5,761,181.52

Capital Outlay Explanation

Capital Outlay Explanation

Capital Outlay Funds $369,000.00 Money to fund Charter School Facilities via State

Designated with italicized expenses

District Local Capital Imp $301,335.00Money that is reimbursed by

the County for Capital Expenses

Designated with bold expenses

Expenses - Salaries

SSAS SALARIESAll SSAS Salaries without Stipends $2,665,941.63

including 3 additional Staff - based on average pay amount

Stipends $126,720.00

401K - Retirement 9% $239,932.05 9% of Base Pay

Social Security 7.65% $203,942.24

Insurance $298,080.00Medical, Vision & Dental and

LTD/STD/Life

Worker's Compensation $17,907.41

Total Expenditure $3,552,523.33

Salary Clarifications

All SSAS Salaries without Stipends $2,665,941.63

Including 3 additional Staff - based on average pay

amount

This amount includes a 1.5 percent step

increase for everyone.

This is based upon $45, 915.28 , which is our average teacher

base salary.

Stipend Breakdown

Teaming bonus - $500 (per each team and subject)

Team leader - $2000 Department head &

Liaisons - $2000 Clubs, Honor Roll, Study

Hall - $750 Sports - $1500 Morning Care – $4500 Detention – $2000 Data - $1500

Grants – $1500 Website - $1500 Celebration - $1500 Grade level Field

Trips - $750 Graduation - $750 PTSS Rep - $1500 Translation - $1000 First Responder -

$1000

Expenses – Instructional Instructional

Contract Svcs – Special* $10,000.00*Field Trips during instructional day - Mote, Selby, and GWIZ

Contract Svcs - Basic $55,000.00Substitute Teachers and

Lunchroom Aides

Travel - Basic Programs $2,500.00Travel other than Conference,

OM, JITS and moving expenses

Materials & Supplies $54,000.00 Consumables

Bonuses - not including 3%, Merit or A money $38,100.00

Thanksgiving, December and Spring Bonus amounts

Uniform Vouchers $17,000.00Uniform Vouchers given to

Children on Free/Reduced Lunch

Copier Paper $13,000.00

PE Materials $6,500.00 PE Materials and Sport Uniforms

Materials - 1st Week of School $6,325.00

Teacher Startup $3075.00, T-shirt, Lunches and Field Trip

Instructional Support

Copier Usage Fees $6,000.00

Usage amount over 125,000.00 copies per month – this is an extra

fee because of high numbers

Break Room Supplies $5,475.00 Coffee, tea, cups, etc.

Teacher Uniform Shirts $1,100.00 Uniform shirts purchased for Staff

Textbooks $91,000.00Textbooks, Read 180 R-books, Buckle Down, summer math

Periodicals $4,500.00 Classroom Magazines

A/V Materials $8,000.00Bulbs for Projectors, Cassette

players and Microphones

Professional Services - ESE $45,000.00

Psych Evaluation, Occupational and Speech Therapy

Total Expenses Instructional $363,500.00

Textbooks

TEXTBOOK CLARIFICATION

Textbook Revenue $68,072.50 Textbooks Funds

Textbooks Expense $91,000.00

Textbooks, Read 180 R-books, Buckle Down, summer math

Deficit - $22,927.50

Team Sports Only

EXTRACURRICULAR SPORTS & RECREATION

Contract Svcs - Sports/Rec $5,000.00Referees for all of our

sports, Contract Coaches

Facility Rent - Sports/Rec $5,000.00Rented facilities for our

sports

Total Sports/Recreation $10,000.00

Clinic Supplies

CLINIC SERVICES

Materials/Supplies - Health Services $2,000.00

Total Health Services $2,000.00

Technology Costs

COMPUTER SERVICES – Non CapitalRepairs & Maintenance - Media Svcs $78,000.00 Cost of Computer Tech Salary

Materials & Supplies - Media Svcs $8,000.00

Ink and Consumables used by Computer Tech

Computer Equip - Non Capitalized $4,000.00

Cords, Drives and other items used by Computer Tech

Computer Software - Non Cap $2,500.00

Computer Software used by Computer Tech

Total Media Services $92,500.00

Development & Advertising

DEVELOPMENT/TRAINING

Development Svc - Marketing $3,000.00

Advertisements & sponsorships

Training - Professional Fees* $15,000.00*

Education Reimbursement and Conference Registration

Training - Travel Costs $7,500.00 Conference Travel Cost

Total Development/Training $25,500.00

BOARD/SPONSOR EXPENSESThese costs are non-negotiable

– they are NOT paid to the board

Professional Services - Board $1,000.00

Attorneys used by the Board of Directors

Insurance & Bond - Board $1,500.00

Fiscal Services - Contracted Auditor $25,000.00

Dues & Fees - Board $1,000.00

5% School Board Management Fee $98,406.15

Money charged by the Sarasota County School

Board

Total Board/Sponsor Expense $126,906.15

ADMINISTRATION EXPENSE

Contracted - Support Personnel $10,000.00

Increased amount during building, Owner Representative

Travel - Administration $2,500.00Travel other than

Conferences

Communication/Postage - Admin $7,500.00

Contracted-Controller $30,000.00

Cavanaugh & Co. process Checks and Monthly

Financials

Total Administration Expense $50,000.00

TRANSPORTATION EXPENSE

Contract Svcs – TransportationSSAS Busses $30,000.00

Money paid for SSAS Bus drivers

Repairs – TransportationSSAS Busses $10,000.00

Repairs and Monthly Costs performed by the

Transportation

District Transportation Chgs $73,209.96Cost of using the County

Busses to and from school

Fuel – TransportationSSAS Busses $15,000.00

Cost of fuel to run our busses and the school van

Parts – TransportationSSAS Busses $12,500.00

Cost of Oil Changes, Parts and Tires for SSAS Buses

Total Transportation Expense $140,709.96

FACILITIES EXPENSES

Insurance - Facilities $130,000.00

General Liability & Facility Insurances, Non-Ad Valorem

TaxesRepairs & Maintenance - Facilities $60,000.00

Contract Custodians, Outside Repair Persons

Rental - Facilities $15,000.00Rental of Auditoriums and

Storage Space

Telephone $14,000.00Verizon Telephone and

Cellphone Cost

Utilities $27,500.00 Water, Recycling and DSL

Electric $75,000.00 Electric

Custodial Supplies $18,500.00

Improvements - Grounds $5,000.00Plant Maintenance -Contracts $45,000.00

Pest control, security alarms, AC, plumbing, & Cully

Total Facilities Expense $390,000.00

CAPITAL EXPENSE

Leased Capital Outlay $85,000.00Leased to Purchase Equipment,

copier, computers, bus

Interest on Debt Services $713,362.56 Mortgage Interest

Repayment of Loan - Mortgage $120,000.00 Mortgage Principal

Payment of Replacement Reserve $60,000.00

Mortgage - payment to replacement account

Remodeling & Renovation $250,000.00 Capital Improvement to Campus

Furniture & Equipment/Basic - Cap $67,500.00Computer Hardware - Capital $25,000.00

Computer Software - Capital $20,000.00

Total Capital Expenditures $1,340,862.56

Potential Additional Revenue Resources

PTSS Grants “A” School Money Celebration Fundraising

To Sum Up

Final Totals

Total Revenue $5,761,181.52

Total Expenses $6,094,502.00

Deficit -$333,320.50

Now it’s your turn…

We must have a balanced budget. In your table groups, please

brainstorm ways to “cut” the deficit.

Prioritize your list with the items that you want cut first listed first.

Transcribe to your chart paper.