Budget Summary & Tuition Rates
Highlights
- 6% match for 403(b) retirement plan
- $425 increase in tuition
- 3% salary increase
- Step increase for eligible faculty
- 5% increase in health insurance
Budget Summary & Comparisons
| 2024-2025 Proposed (579 FTE) | 2023-2024 Budget (564 FTE) | |||||
|---|---|---|---|---|---|---|
| Revenues | ||||||
| Net Tuition & Fees K-8 | $5,743,270 | $5,389,195 | ||||
| Annual Fund Income | $380,000 | $350,000 | ||||
| Foundation/Endowment | $661,516 | $673,662 | ||||
| All Other Revenue | $166,000 | $156,000 | ||||
| Total Revenues | $6,950,786 | $6,568,857 | ||||
| Wages & Benefits Expenses | ||||||
| Instructional | $4,714,427 | $4,345,251 | ||||
| Administrative | $583,333 | $554,425 | ||||
| Operational | $114,303 | $110,599 | ||||
| Transportation | $55,201 | $53,548 | ||||
| Total | $5,467,264 | $5,063,822 | ||||
| Other Expenses | ||||||
| Instructional & Technology | $475,530 | $499,915 | ||||
| Administrative | $201,000 | $198,000 | ||||
| Operational | $572,000 | $572,000 | ||||
| Transportation | $43,000 | $68,000 | ||||
| Capital Reserve Allocations | $191,991 | $167,119 | ||||
| Operational Reserve | - | - | ||||
| Total | $1,483,521 | $1,505,034 | ||||
| Total Expenses | $6,950,785 | $6,568,856 | ||||
| Net Income, (Loss) | $1 | $1 | ||||
2024-2025 Tuition Rates
| Number of Children and Grades | Required Tuition | Requested Donation | Full Cost Tuition |
|---|---|---|---|
| 3-4-5 Progressive K (part-time) | $9,375 | $2,500 | $11,875 |
| 5-Day K-Grade 4 | $9,875 | $2,500 | $12,375 |
| Grades 5-8 | $10,125 | $2,500 | $12,625 |