Somerset Area School District - Budget


In 2009, the district reported employing over 200 teachers with a salary range of $32,476 to $89,000 for 180 days. The median teacher salary is $56,090. Additionally, teachers receive an extensive benefits package including: life insurance, health insurance, defined benefit pension, paid professional development, paid sick days and paid personal days.

In 2007, the district employed 172 teachers. The average teacher salary in the district was $54,104 for 180 days worked. As of 2007, Pennsylvania ranked in the top 10 states in average teacher salaries. When adjusted for cost of living Pennsylvania ranked fourth in the nation for teacher compensation.

The Somerset Area School District administrative costs per pupil in 2008 was $813.88 per pupil. This ranked 179th for per pupil administrative spending in the state. The lowest administrative cost per pupil in Pennsylvania was $398 per pupil. In June 2010, Krista Mathais was awarded a five contract as superintendent with an annual salary of $110,000. Former Superintendent, David Pastrick, resigned March 15, 2010 after a paid, 19-week leave of absence.

Per Pupil spending In 2008, the district reported spending $12,564 per pupil which ranked 215th among Pennsylvania's 500 school districts.

Reserves In 2008, the district reported a $3,443,176 in a unreserved-undesignated fund balance. The designated fund balance was reported as zero.

In September 2010, the Pennsylvania auditor General conducted a performance audit of the district. The findings were reported to the school board and the administration. It was concluded that the District did take appropriate corrective action to address the deficit fund balance of 2006.

The district is funded by a combination of: a local income tax, a property tax, a real estate transfer tax, coupled with substantial funding from the Commonwealth of Pennsylvania and the federal government. In the Commonwealth of Pennsylvania, pension income and Social Security income are exempted from state personal income tax and local earned income tax, regardless of the person's wealth.

Read more about this topic:  Somerset Area School District

Other articles related to "budget":

Budget Types
... Sales budget – an estimate of future sales, often broken down into both units and dollars ... Production budget – an estimate of the number of units that must be manufactured to meet the sales goals ... The production budget also estimates the various costs involved with manufacturing those units, including labor and material ...
Angus King - Political Positions - Government Reform
... King supports the principle of the No Budget, No Pay Act, to prevent members of Congress from being paid until a budget is passed, but would seek a requirement that any passed budget "works" and is not ...
Finance Act
... the Chancellor of the Exchequer delivers an annual Budget speech on Budget Day, outlining changes in spending, as well as tax and duty ... changes to the law as a result of Gordon Brown's 2004 Budget form the Finance Act 2004 ...
Congressional Budget And Impoundment Control Act Of 1974
... The Congressional Budget and Impoundment Control Act of 1974 (Pub.L ... federal law that governs the role of the Congress in the United States budget process ...
Metropolitan Transportation Authority (New York) - Budget Issues
... The budget deficit of the MTA is a growing crisis for the organization as well as New York city and state residents and legislature ... and it also suffers from a $900 million gap in its operating budget for 2011 ...

Famous quotes containing the word budget:

    The United States is the only great nation whose government is operated without a budget. The fact is to be the more striking when it is considered that budgets and budget procedures are the outgrowth of democratic doctrines and have an important part in developing the modern constitutional rights.... The constitutional purpose of a budget is to make government responsive to public opinion and responsible for its acts.
    William Howard Taft (1857–1930)

    You can fool all the people all the time if the advertising is right and the budget is big enough.
    Joseph E. Levine (b. 1905)

    A budget takes the fun out of money.
    Mason Cooley (b. 1927)