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AUSTINTOWN Schools budget



Published: Thu, February 13, 2003 @ 12:00 a.m.



Some of the figures from the revised 2002-2003 Austintown schools budget, approved Monday:

Carry-over from 2001-2002: $4.4 million

Total revenue for 2002-2003: $33.8 million

State funds and unrestricted grants: $14.8 million

Real estate tax: $14.4 million

Personal property tax: $1.5 million

Total expenditures for 2002-2003: $37.2 million

Salaries, wages and personal services: $22.4 million

Starting salary for a full-time teacher: $26,940*

Maximum salary: $60,642**

Average: $46,000

Employee retirement and insurance benefits: $9 million

Purchased services: $2.9 million

Supplies and materials: $1.4 million

Capital improvements: $1.1 million

Expected general fund balance at end of 2002-2003: $603,409

*Bachelor's degree required.

** Master's degree and minimum of 27 years' experience required.

Source: Austintown Board of Education




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