DAKA School District

2014-2015 Simulated Budget

Amy Jager
Dave Mroue
Andi Steaban
Kristen Weber

Assumptions
Approximately 30 square miles
Population: 84,300 people
Median Household Income: $65,000

Assumptions
Total Taxable Value: $3,238,856,280
Non Homestead Taxable Value: $1,067,884,371
Non Homestead Mills: 0.018
Hold Harmless Mills: 0.0094872
Total Pupils: 10,577
Foundation Allowance: $10,008
Non Homestead Per Pupil: $1,966
Hold Harmless Per Pupil: $2,067
State Aid Foundation Per Pupil: $5,975

Assumptions
$70,000 average teacher compensation
Insurance: 24%
Retirement: 25%
FICA: 7.65%

Facilities
(2)

Early Childhood Centers

(9)

K-4 Elementary Buildings

(2)

5-6 Upper Elementary Schools

(2)

7-8 Middle Schools

(3)

9-12 High Schools

(2)

Special Education Centers

(1)

Community School-Head Start Preschool, Alternative High School, and

Adult Education

(1)

Training Center

Budget Overview

Budget Overview

Budget Overview

Factors Influencing Next Years Budget

$60

drop in foundation allowance per student

Enrollment
4%

declining by 200 students

increase in insurance costs

Goal

is to maintain fund balance

Contracts

are open

Proposed Budget Reductions

Eliminate 8 teaching positions

$878,244

Eliminate 1 central office position

$150,000

Eliminate

$102,800

Eliminate

1 secretary

$78,500

Eliminate

2 custodians

3 paraprofessionals

$141,300

Proposed Budget Reductions

Reduce salaries by 4%
Teachers
Central
School

$2,827,987

Office $21,126

Administration $184,629

Non-Teaching
Fiscal

Instructional Staff $319,017

Services $26,895

Proposed Budget Reductions

Reduce professional development subs by $25,573

Reduce school budgets

$89,978
Total

to be divided amongst all buildings

Proposed Budget Reductions

Required Reduction Amount

$4,846,049

Proposed Reductions
$4,846,049