Scenario 3

Revenue and expenses reflect adjusted figures based on estimates of average salaries for independent schools (included are revenue generating activities from continuing education and facility usage, reduced staffing rates; not included are regional school board administrative service costs).

Expenses

Administration & Instruction
1 principal @ $50,000, 6 teachers @ $40,000,
1 secretary @ $25,000 & substitute teachers $20,000--------------------------------------$335,000.00

Contracted services
3 staff members, 1 @ $25,000 & 2 @ $30,000-----------------------------------------------$85,000.00

Instructional aids
increased due to expressed community concerns--------------------------------------------$40,000.00

Property services
oil, electric, water, telephone & insurance-------------------------------------------------- $70,000.00

Operations
supplies & services @ 25,000 & library @ $25,000------------------------------------------- $50,000.00

TOTAL EXPENSES------------------------------------------------------------------------ $580,000.00

PER CAPITA COSTS------------------------------------------------------------------------------- $4,793.39