Assumptions
Revenue Growth
0.025
0.025
0.025
0.025
State & local government price
deflator (COLA)
0.025
0.025
0.025
0.025
Number of additional students/staff
ESTIMATED REVENUES
State and local foundation aid
$1,176,000
$1,205,400
$1,235,535
$1,266,423
$1,298,084
State categorical funding
98,000
100,450
102,961
105,535
108,174
Federal categorical funding
98,000
100,450
102,961
105,535
108,174
Grants and fundraising
65,000
66,625
68,291
69,998
71,748
Total Revenues
$1,437,000
$1,472,925
$1,509,748
$1,547,492
$1,586,179
ESTIMATED EXPENDITURES
Salaries
Director
$ 65,000
$ 66,625
$ 68,291
$ 69,998
$ 71,748
Teachers
525,000
538,125
551,578
565,368
579,502
Instructional aides
154,000
157,850
161,796
165,841
169,987
Secretary
24,000
24,600
25,215
25,845
26,492
Benefits
Retirement
76,800
78,720
80,688
82,705
84,773
Health
66,240
67,896
69,593
71,333
73,117
FICA
11,136
11,414
11,700
11,992
12,292
Other
19,200
19,680
20,172
20,676
21,193
Books and Supplies
Texts and instructional materials
35,000
35,875
36,772
37,691
38,633
Other books
21,000
21,525
22,063
22,615
23,180
Software
10,000
10,250
10,506
10,769
11,038
Classroom paper and supplies
28,000
28,700
29,418
30,153
30,907
Office supplies
2,400
2,460
2,522
2,585
2,649
Janitorial supplies
3,600
3,690
3,782
3,877
3,974
Services and Contracts
Custodial
12,350
12,659
12,975
13,300
13,632
Bookeeping & Audit
12,000
12,300
12,608
12,923
13,246
Legal
8,000
8,200
8,405
8,615
8,831
Liability & property insurance
10,000
10,250
10,506
10,769
11,038
Waste disposal
1,800
1,845
1,891
1,938
1,987
Student testing & assessment
7,000
7,175
7,354
7,538
7,727
Staff development
22,500
23,063
23,639
24,230
24,836
Special education consultant
56,000
57,400
58,835
60,306
61,814
Travel & conferences, board retreat
13,750
14,094
14,446
14,807
15,177
Internet provider
8,640
8,856
9,077
9,304
9,537
Postage
1,440
1,476
1,513
1,551
1,589
Copier lease
3,000
3,075
3,152
3,231
3,311
Facilities and Capital
Rent/lease/mortgage
185,640
190,281
195,038
199,914
204,912
Replace furnishings & equipment
28,000
28,700
29,418
30,153
30,907
Gas/electric
5,400
5,535
5,673
5,815
5,961
Phone
2,400
2,460
2,522
2,585
2,649
Security alarm
1,200
1,230
1,261
1,292
1,325
Total Expenditures
$1,420,496
$1,456,008
$1,492,409
$1,529,719
$1,567,962
Surplus/(Deficit)
$ 16,504
$ 16,917
$ 17,340
$ 17,773
$ 18,217
© 2002-2009 Charter Schools Development Center