Proposed Budget for 2015-2016


On Tuesday April 21, the proposed PTAC budget for 2015-2016 was presented. Full details of the proposed budget for INCOME and EXPENSES can be accessed via the links and on the PTAC noticeboard at school. The proposed budget will be voted on at the May 19 PTAC meeting. The intervening 28 days is intended to provide an opportunity for discussion and revision if required. With 27 income sources and 58 expense lines it is never easy to give a quick overview of these numbers, but the outline below will provide an idea of how the funds are raised and spent. Pease feel free to contact PTAC treasurer Jennifer Wilby if you have questions.

The number to keep in mind for the 2015-16 budget is $109,635.
That is the proposed total income and because we have a balanced budget, the proposed total expense. It is 3% increase on this year’s budget.


Where does the income come from?

Income Sources 2015-16

$

%

Cougar Campaign and Matching Contributions

43,396

40

Fundraising (Silent Auction, Book Fairs, Trot and Directory sponsorship, Spirit Wear, School Supplies)

35,175

32

Corporate cash (Grocery shopping, Box Tops, Dining for $$, Target Red Card, Whole Foods Bags)

21,900

20

Community Events (Sock Hop, Talent Show, Summer Learning, Yearbook)

9,150

8

Interest Income

14

0

109,635
To better understand where the money is spent, we looked at how much we spend on each student at the school. To get to these figures we simply divided the total budget by our projected number of students for next school year:

$109,635 divided by 475 = $230.81 per child.

That in itself is a significant amount to enhance our kids’ education, but treasurer, Jennifer Wilby then did some further analysis to see just where that money is spent:

How is the budget spent:

$

% of total

Para salaries

106.76

46.3

Experiential Grants (Field Trips, Science Garden, Guest speakers)

33.16

14.4

Family Events (Sock Hop/Talent Show etc)

14.63

6.3

Music/PE/Art/Library

12.63

5.5

Teacher Grants

10.16

4.4

For the kids (Spelling Bee/Summer Learning/OM etc)

9.68

4.2

Technology

7.58

3.3

Operating Expenses

3.79

1.6

Services & Activities & Hospitality (Spirit Wear stock, Directory printing, Trot T shirts, WatchDOGS etc)

32.421

14.0

230.81

100.0
To summarize:
  • Budget total a little higher than 2014-15
  • Para Support still key
  • Continued Emphasis on Differentiated and Experiential Learning
  • More support for Arts (Artist in Residence program)
  • Support for Safe Routes to School
  • Introduction of WATCHD.O.G.S program – encouraging more Dads to volunteer in school

Please ask treasurer, Jennifer Wilby or any Board member if you have questions or comments about the budget.