Take Back Control Of Your Community:
EDUCATION:
"Teach them all." A little-known California law allows a public school to become a privately operated, publicly funded charter school if more than 50 percent of the tenured teachers vote in favor of the switch.
http://www.cacharterschools.org/Resources/finance.html
Below from : http://www.cacharterschools.org/Library/bizplbud.html
Hypothetical Charter School Annual Operating Budget
Major Assumptions:
Number of students
280
Assuming K-6, 2 classes of 20 per grade
Facility square footage
18,200
Assuming 65 square feet per student
Student:teacher ratio
20:01
Average teacher salary
$ 37,500
REVENUES
State and local foundation aid
$ 1,176,000
Assuming $4,200 per student
State categorical funding
98,000
Assuming $350 per student
Federal categorical funding
98,000
Assuming $350 per student
Grants and fundraising
65,000
Total Revenues
$ 1,437,000
EXPENDITURES
Salaries
Director
$ 65,000
Teachers
525,000
14 teachers at average salary of $37,500
Instructional aides
154,000
7 at $22,000 each
Secretary
24,000
Benefits
Retirement
76,800
Assume state retirement system at 10 percent of salaries
Health
66,240
Assume $240/month per employee
FICA
11,136
Assume Medicare only, exempt from Social Security
Other
19,200
Assume 2.5 percent of salaries for workers' comp, unemployment insurance, and other payroll costs
Books and Supplies
Texts and instructional materials
35,000
Assume $125 per student
Other books
21,000
Assume $75 per student
Software
10,000
Assume 40 computers at $250 each
Classroom paper and supplies
28,000
Assume $100 per student
Office supplies
2,400
Assume $200/month
Janitorial supplies
3,600
Assume $300/month
Services and Contracts
Custodial
12,350
Assume 190 days at $65
Bookeeping & Audit
12,000
Assume $500/month bookeeping, $6,000 audit
Legal
8,000
Assume $6,000 retainer, $2,000 reserve
Liability & property insurance
10,000
Waste disposal
1,800
Assume $150/month
Student testing & assessment
7,000
Assume $25 per student
Staff development
22,500
Assume $1,500/teacher plus director
Special education consultant
56,000
Assume $200 per student average cost
Travel & conferences, board retreat
13,750
Assume $750 per teacher, plus $2,500 board retreat
Internet provider
8,640
Assume 40 accounts at $18/month
Postage
1,440
Assume $120/month
Copier lease
3,000
Assume $250/month
Facilities and Capital
Rent/lease/mortgage
185,640
Assume triple net least at $0.85/square foot
Replace furnishings & equipment
28,000
Assume $100/student
Gas/electric
5,400
Assume $450 per month
Phone
2,400
Assume $200 per month
Security alarm
1,200
Assume $100/ per month
Total Expenditures
1,420,496
Surplus (Deficit)
16,504