Waterford Public Schools Adopted Budget 2018-2019

Page 162

Appendix N CONTEXT: 2018-2019 BUDGET % Increase Over – 3.14% Category $1,442,360FY18

$ Increase

FURTHER CONTEXT: 2018-2019 BUDGET % Increase Over – 3.14% Category $1,442,360FY18

$ Increase

Fixed Costs & Contractual Obligations

1.88%

$ 890,157

Total Budget Increase

2.15%

$ 1,018,808

All Other Line Items in Budget

.27%

$ 128,651

Reduction in Comm. Use of Schools Funding

0.18%

$ 85,524

Total Budget Increase

2.15%

$ 1,018,808

Net BOE Budget Increase

1.97%

$ 933,284

Collaborate, Innovate, Educate

Collaborate, Innovate, Educate

BUDGET DRIVERS

Category

$ Increase

BUDGET DRIVERS BY OBJECT

% of Overall % Increase Over Budget Increase FY18

Salaries

$ 575,928

1.87%

56.53%

Benefits Heat, Energy, Fuel

$ 250,140

3.94%

24.55%

$ 15,241

1.01%

1.50%%

Tuition

( 1.29% )

( $ 13,112 )

( .42% )

Transportation

$ 61,960

3.00%

6.08%

All Other Lines

$ 128,651

3.76%

12.63%

$ 1,018,808

Collaborate, Innovate, Educate

2.15%

FIXED COST & CONTRACTUAL OBLIGATIONS Certified & Support Salaries Health Insurance Professional/Technical Services ‐ Magnet/Charter Special Education Costs Reduction in Community Use of Schools Offset Student Transportation FICA Utilities – Heat, Energy, Fuel, Water, Sewer Reimbursements Workers’ Compensation Other Purchased Services Communications TOTAL

$ INCREASE $ 545,262 $ 293,934 $ 161,391 $ 85,524 $ 61,960 $ 17,265 $ 15,241 $ 13,400 $ 9,594 $ 8,850 $ 4,443 $ 1,216,864

-

Collaborate, Innovate, Educate $

141


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