Upload
brendan-walsh
View
1.937
Download
0
Embed Size (px)
Citation preview
School District
On Schedule
Payments
Off-Schedule
Payments
Longevity
Payments
Retirement/
Severance
Payments
Salary Sub-
Total
MPSERS/FICA
(24.59%) TOTAL
Cost Compared
to GPPSS
District
Rev/Pupil
GPPSS
Students in
2007-8
Pro-Rated
Revenue
Annual
Transportation
Expense
Bloomfield Hills $44,456,053 $0 $0 $300,000 $44,756,053 $11,005,513 $55,761,566 ($3,272,996) $15,957 8,853 $141,267,321 $3,457,729
Birmingham $44,723,441 $0 $222,200 $240,000 $45,185,641 $11,111,149 $56,296,790 ($2,737,773) $13,841 8,853 $122,534,373 $3,748,857
Farmington $43,064,066 $0 $230,500 $90,000 $43,384,566 $10,668,265 $54,052,831 ($4,981,732) $12,514 8,853 $110,786,442 $6,882,911
GPPSS $46,273,480 $462,735 $646,852 $0 $47,383,066 $11,651,496 $59,034,562 $0 $12,104 8,853 $107,156,712 $681,749
2007-8 Teacher Salary Grid and Other Data Comparison
Summary: In response to the theory that GPPSS teachers have a higher average salary in comparison to other districts because they have more years of experience, this report summarizes the financial
impact of arraying the GPPSS teacher population into the salary grids of three other local and comparable school districts; Bloomfield Hills, Birmingham, and Farmington. Translated: If teachers from
GPPSS were transported into the salary grids of these schools with the same years of service and educational credits/credentials, this report compares the total aggregate cost. It also factors other
contract established compensation tools. Longevity payments are incremental to steps and lanes, but are also based on years of service. Some districts also have embedded retirement or severance
payments. (Sources: GPPSS data, teacher contracts from comparison districts, and State of Michigan Dept. of Education)
Prepared by: Brendan Walsh
Assumptions: 20 teachers would retire each year in all retirement calculations. Assumed Birminham teachers retired with 30 years of
service. Assumed half of Bloomfield teachers received grandfathered retirement incentive for an average of $15,000 per teacher. It was
otherwise capped at $10,000. All other projections use actual GPPSS teacher data.
This grid shows what GPPSS revenue would if we received
the same per pupil funding as the comparison district. It
also shows each district's transportation expense.