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Revenue Estimate Worksheet for Virtual EducationPrograms Based on the Second Calculation of the FEFP 2011-

School District: Palm Beach District Funding

Base Funding $ 681,153,469

Lab School Dicretionary $ - 0.748 Discretionary Local Effort $ 86,084,429 0.748 Mills Compression $ - Reading Allocation $ 6,326,863 Instructional Materials $ 13,619,493

Subtotal $ 787,184,254

District FTE 174,217.35

Funding Per FTE $ 4,518.40 Virtual Education Contribution Per FTE $ 281.60 Total Funding Per FTE $ 4,800.00 Projected Increase from Previous Year 2.50%

Total Funding Per FTE $ 4,920.00

Revenue Estimate Worksheet for Virtual EducationPrograms

Based on the Second Calculation of the FEFP 2011-12

School District: Palm Beach District Funding

Base Funding $ 681,153,469

Lab School Dicretionary $ - 0.748 Discretionary Local Effort $ 86,084,429 0.748 Mills Compression $ - Reading Allocation $ 6,326,863 Instructional Materials $ 13,619,493

Subtotal $ 787,184,254

District FTE 174,217.35

Funding Per FTE $ 4,518.40 Virtual Education Contribution Per FTE $ 281.60 Total Funding Per FTE $ 4,800.00 Projected Increase from Previous Year 2.50%

Total Funding Per FTE $ 5,043.00

Revenue Estimate Worksheet for Virtual EducationPrograms

Based on the Second Calculation of the FEFP 2011-12

School District: Palm Beach District Funding

Base Funding $ 681,153,469

Lab School Dicretionary $ - 0.748 Discretionary Local Effort $ 86,084,429 0.748 Mills Compression $ - Reading Allocation $ 6,326,863 Instructional Materials $ 13,619,493

Subtotal $ 787,184,254

District FTE 174,217.35

Funding Per FTE $ 4,518.40 Virtual Education Contribution Per FTE $ 281.60 Total Funding Per FTE $ 4,800.00 Projected Increase from Previous Year 2.50%

Total Funding Per FTE $ 5,169.08

Revenue Estimate Worksheet for Virtual EducationPrograms

Based on the Second Calculation of the FEFP 2011-12

School District: Palm Beach District Funding

Base Funding $ 681,153,469

Lab School Dicretionary $ - 0.748 Discretionary Local Effort $ 86,084,429 0.748 Mills Compression $ - Reading Allocation $ 6,326,863 Instructional Materials $ 13,619,493

Subtotal $ 787,184,254

District FTE 174,217.35

Funding Per FTE $ 4,518.40 Virtual Education Contribution Per FTE $ 281.60 Total Funding Per FTE $ 4,800.00 Projected Increase from Previous Year 2.50%

Total Funding Per FTE $ 5,298.30

Revenue Estimate Worksheet for Virtual EducationPrograms

Based on the Second Calculation of the FEFP 2011-12

Five Year Budget

School District of Palm Beach County 1

Yr1 Yr2 Yr3 Yr4 Yr5

2012-13 2013-14 2014-15 2015-16 2016-17

Number of Students 300 450 600 600 600

Grade Levels K-5

Expense Inflation 101.0% 101.0% 101.0% 101.0%

Estimated Revenue

FEFP Basic Gross - 3310 $ 1,440,000.00 $ 2,214,000.00 $ 3,025,800.00 $ 3,101,445.00 $ 3,178,981.13

Instructional Materials - 3336 $ - $ - $ - $ - $ -

Discretionary Lottery Funds - 3344 $ - $ - $ - $ - $ -

Class Size Reduction - 3355 $ - $ - $ - $ - $ -

Discretionary Local Effort - 3411 $ - $ - $ - $ - $ -

Transportation - 3354 $ - $ - $ - $ - $ - 0.0% of students - See transportation for additional information Other funds $ - $ - $ - $ - $ - Fundraising/Loans/Other Source of Funds

100 General Funds Total Revenue: $ 1,440,000.00 $ 2,214,000.00 $ 3,025,800.00 $ 3,101,445.00 $ 3,178,981.13 Account

Code Description Units Rate Total Total Total Total Total

100 Salaries Rate = Your Average Teacher Salary

Virtual Teachers 6 $ 25,000.00 $ 150,000.00 $ 227,250.00 $ 306,030.00 $ 309,090.30 $ 312,181.20 Range: $35,000-$48,000 ESE Specialist 0 $ 35,000.00 $ - $ - $ - $ - $ - Range: $40,000-$53,000

Permanent Floating Substitute Teachers 6 $ 1,100.00 $ 6,600.00 $ 9,999.00 $ 13,465.32 $ 13,599.97 $ 13,735.97 Units = # of hours. Rate: Average $20-25/hour Curriculum directors (english/ Math/ Science ) 0 $ 25,000.00 $ - $ - $ - $ - $ - Curriculum directors (english/ Math/ Science )

Total Salaries & Units of Full Time Personnel 6 $ 156,600.00 $ 237,249.00 $ 319,495.32 $ 322,690.27 $ 325,917.18

Hourly Instructional Personnel (Tutoring/Part-time Teachers) 0 $ - $ - $ - $ - $ - $ - Units = # of hours. Rate: Average $20-25/hour Total Instructional Personnel 6 $ 156,600.00 $ 237,249.00 $ 319,495.32 $ 322,690.27 $ 325,917.18

210 Retirement $ 156,600.00 3.00% $ 4,698.00 $ 7,117.47 $ 9,584.86 $ 9,680.71 $ 9,777.52 Company match 401(k) 3% of pay 220 Social Security $ 156,600.00 7.65% $ 11,979.90 $ 18,149.55 $ 24,441.39 $ 24,685.81 $ 24,932.66 Percent of Total Salaries plus Substitutes

230 Health Insurance (includes dental, life, etc.) 6 $ 4,620.00 $ 27,720.00 $ 41,995.80 $ 56,554.34 $ 57,119.89 $ 57,691.09 Avg Company contribution of $385/month = $4,620/employee 240 Workers' Compensation $ 156,600.00 1.25% $ 1,957.50 $ 2,965.61 $ 3,993.69 $ 4,033.63 $ 4,073.96 Total Instructional Salaries x rate. Average rate = 1.25% 250 Unemployment Compensation 6 $ 189.00 $ 1,134.00 $ 1,701.00 $ 4,536.00 $ 2,268.00 $ 2,268.00 Number of employees x rate (based on 2.7% of first $7,000 = $189) 310 Professional Services (contracted instructional services)

Speech Therapy 30 $ 175.00 $ 5,250.00 $ 7,953.75 $ 10,711.05 $ 10,818.16 $ 10,926.34 Units = # Number of ESE students, @ $175 per student Occupational/Physical Therapy 30 $ 175.00 $ 5,250.00 $ 7,953.75 $ 10,711.05 $ 10,818.16 $ 10,926.34 Units = # Number of ESE students, @ $175 per student Physical Education, Art, Technology $ - $ - $ - $ - $ - Units = # of hours. Rate = average hourly rate. Range: $15-$30 350 Computer Repairs $ 50.00 $ - $ - $ - $ - $ - Units = # of hours. Average rate = $90

510 Student Instructional Material 300 $ 60.00 $ 18,000.00 $ 27,270.00 $ 36,723.60 $ 37,090.84 $ 37,461.74 Units = number of students. Average rate = $100 per student 520 Instructional Materials (textbooks, workbooks, etc.) 300 $ - $ - $ - $ - $ - $ - $0 per student

641-642 Classroom Equipment (desks, chairs, etc.) 6 $ - $ - $ 4,500.00 $ 6,000.00 $ 6,000.00 $ 6,000.00 Variable, based on need

643-644 Computer Equipment - For students qualifing for F&R lunch 120 $ 290.00 $ 34,800.00 $ 52,200.00 $ 69,600.00 $ 69,600.00 $ 69,600.00

Cost forecast on leasing a per unit laptop with the necessary software including accidental damage, loss prevention insurance, anti-virus & office product support for Student qualifing for F&R lunch meals. The rate is based on $290/year per student for three years. Replacements are budgeted after year three years of service.

690 Virtual Instruction Provider 300 $ 2,500.00 $ 750,000.00 $ 1,125,000.00 $ 1,500,000.00 $ 1,500,000.00 $ 1,500,000.00 $2500 per student-(Course license, materials, LMS, SIS)-Middle School 690 Virtual Instruction Provider 0 $ 2,140.00 $ - $ - $ - $ - $ - $2140 per student-(Course license, materials, LMS, SIS)-High School

Total Instruction $ 1,017,389.40 $ 1,534,055.93 $ 2,052,351.31 $ 2,054,805.46 $ 2,059,574.83

100 Salaries Rate = Your Average Salary

ESE Contact 0 $ 35,000.00 $ - $ 17,675.00 $ 35,703.50 $ 72,121.07 $ 72,842.28

Guidance Counselors 1 $ 14,000.00 $ 14,000.00 $ 14,140.00 $ 28,562.80 $ 28,848.43 $ 29,136.91 Range: $35,000-$42,000

School Nurse 0 $ - $ - $ - $ - $ - $ - Average = $20/hr for 7 hrs/182 days = $25,480 Health Assistant 0 $ - $ - $ - $ - $ - $ - Average = $12/hr for 7 hrs/182 days = $15,288 Parent Liason 0 $ - $ - $ - $ - $ - $ - Average = $10/hr for 6 hrs/182 days = $10,920 Total Pupil Personnel Staff 1 $ 14,000.00 $ 31,815.00 $ 64,266.30 $ 100,969.50 $ 101,979.19

210 Retirement $ 14,000.00 3.00% $ 420.00 $ 954.45 $ 1,927.99 $ 3,029.08 $ 3,059.38 Company match 401(k) 3% of pay 220 Social Security $ 14,000.00 7.65% $ 1,071.00 $ 2,433.85 $ 4,916.37 $ 7,724.17 $ 7,801.41 Percent of Total Salaries

230 Health Insurance (includes dental, life, etc.) 1 4620.00 $ 4,620.00 $ 6,999.30 $ 14,138.59 $ 19,039.96 $ 19,230.36 Avg Company contribution of $385/month = $4,620/employee 240 Workers' Compensation $ 14,000.00 1.22% $ 170.80 $ 388.14 $ 784.05 $ 1,231.83 $ 1,244.15 Total Salaries x rate. Average rate = 1.22%

250 Unemployment Compensation 1 $ 189.00 $ 189.00 $ 283.50 $ 567.00 $ 756.00 $ 756.00 Number of employees x rate (based on 2.7% of first $7,000 = $189) 310 Professional Services

Counseling Services 30 $ 50.00 $ 1,500.00 $ 2,272.50 $ 3,060.30 $ 3,090.90 $ 3,121.81 Units = # Number of ESE students, @ $50 per student Contracted Nurse (Health Department) $ - $ - $ - $ - $ - Based on 6.5 hrs/day/180 day contract with Health Dept = $27,600 Total Pupil Personnel Services $ 21,970.80 $ 45,146.74 $ 89,660.60 $ 135,841.44 $ 137,192.30

Fiscal Year 2013 - 2017

Budget Notes

Budget Worksheet

Somerset Virtual Academy Charter Elementary School

Classroom Instruction (5000)

Pupil Personnel Services (6100) Instructional Support Services (6000)

Five Year Budget

School District of Palm Beach County 2

Yr1 Yr2 Yr3 Yr4 Yr5

2012-13 2013-14 2014-15 2015-16 2016-17 Number of Students 300 450 600 600 600 Grade Levels K-5 Expense Inflation 101.0% 101.0% 101.0% 101.0% Fiscal Year 2013 - 2017 Budget Worksheet

Somerset Virtual Academy Charter Elementary School

100 Salaries

Total Media Personnel 0 $ - $ - $ - $ - $ -

210 Retirement $ - 3.00% $ - $ - $ - $ - $ - Company match 401(k) 3% of pay 220 Social Security $ - 7.65% $ - $ - $ - $ - $ - Percent of Total Salaries

230 Health Insurance (includes dental, life, etc.) 0 $ 4,620.00 $ - $ - $ - $ - $ - Avg Company contribution of $385/month = $4,620/employee 240 Workers' Compensation $ - 1.22% $ - $ - $ - $ - $ - Total Salaries x rate. Average rate = 1.22%

250 Unemployment Compensation 0 $ 189.00 $ - $ - $ - $ - $ - Number of employees x rate (based on 2.7% of first $7,000 = $189) 610 Library Books 300 $ - $ - $ - $ - $ - $ - Range: $10-$18 per hardbound book

620 Audio-Visual Materials $ 220.00 $ - $ - $ - $ - $ - Average cost of overhead projector = $200 Total Media Services $ - $ - $ - $ - $ -

100 Salaries

Curriculum Specialist 0 $ 40,000.00 $ - $ - $ - $ - $ - Range: $40,000-$60,000 210 Retirement $ - 3.00% $ - $ - $ - $ - $ - Company match 401(k) 3% of pay 220 Social Security $ - 7.65% $ - $ - $ - $ - $ - Percent of Total Salaries

230 Health Insurance (includes dental, life, etc.) 0 $ 4,620.00 $ - $ - $ - $ - $ - Avg Company contribution of $385/month = $4,620/employee 240 Workers' Compensation $ - 1.22% $ - $ - $ - $ - $ - Total Salaries x rate. Average rate = 1.22%

250 Unemployment Compensation 0 $ 189.00 $ - $ - $ - $ - $ - Number of employees x rate (based on 2.7% of first $7,000 = $189) 310 Professional Services (ESP Provided Service) 300 $ 115.00 $ 34,500.00 $ 51,750.00 $ 69,000.00 $ 69,000.00 $ 69,000.00 $110 per student.

Total Curriculum Development $ 34,500.00 $ 51,750.00 $ 69,000.00 $ 69,000.00 $ 69,000.00

100 Workshop Stipends 6 $ 1,000.00 $ 6,000.00 $ 9,090.00 $ 12,241.20 $ 12,363.61 $ 12,487.25 Average = $180/day stipend for teachers to attend workshop 220 Social Security $ 6,000.00 7.65% $ 459.00 $ 695.39 $ 936.45 $ 945.82 $ 955.27 Percent of Total Salaries

310 Professional Services (workshop, consultants, training, etc.) $ - $ - $ - $ - $ - Average fee per day = $800 330 Travel (workshop registration, lodging, etc.) 6 $ 500.00 $ 3,000.00 $ 6,750.00 $ 9,000.00 $ 9,000.00 $ 9,000.00 Variable, based on need

Total Staff Development $ 9,459.00 $ 16,535.39 $ 22,177.65 $ 22,309.43 $ 22,442.52

100 Instructional Technology Support Salaries 0 $ 35,000.00 $ - $ 17,675.00 $ 35,703.50 $ 72,121.07 $ 72,842.28 Average = $180/day stipend for teachers to attend workshop 210 Retirement $ - 3.00% $ - $ 530.25 $ 1,071.11 $ 2,163.63 $ 2,185.27 Company match 401(k) 3% of pay

220 Social Security $ - 7.65% $ - $ 1,352.14 $ 2,731.32 $ 5,517.26 $ 5,572.43 Percent of Total Salaries 230 Health Insurance (includes dental, life, etc.) 0 $ 4,620.00 $ - $ 2,333.10 $ 4,712.86 $ 9,519.98 $ 9,615.18 $110 per student.

240 Workers' Compensation $ - 1.22% $ - $ 215.64 $ 435.58 $ 879.88 $ 888.68 Total Salaries x rate. Average rate = 1.22%

250 Unemployment Compensation 0 $ 189.00 $ - $ 94.50 $ 189.00 $ 378.00 $ 378.00 Number of employees x rate (based on 2.7% of first $7,000 = $189) 310 Professional Services (workshop, consultants, training, etc.) $ - $ - $ - $ - $ - $ - Average fee per day = $800

330 Travel (workshop registration, lodging, etc.) $ - $ - $ - $ - $ - Variable, based on need 643-644 Computer Equipment 6 $ 400.00 $ 2,400.00 $ 6,750.00 $ 9,000.00 $ 9,000.00 $ 9,000.00 Variable, based on need

Total Staff Development $ 2,400.00 $ 28,950.62 $ 53,843.37 $ 99,579.82 $ 100,481.84

310 Professional Services (Legal) 1 $ 2,500.00 $ 2,500.00 $ 2,500.00 $ 2,500.00 $ 2,500.00 $ 2,500.00 Range: Hourly rate $150-$250 - 10-15 Hours 320 Insurance

Liability/Errors & Omissions/Crime 500 $ 16.00 $ 8,000.00 $ 9,000.00 $ 12,000.00 $ 12,000.00 $ 12,000.00 Quotes from other Somerset Campuses Officers and Directors 100 $ 16.00 $ 1,600.00 $ 9,450.00 $ 12,600.00 $ 12,600.00 $ 12,600.00 Partially covered by other Somerset Schools 310 Audit $ 7,750.00 $ 7,750.00 $ 7,827.50 $ 7,905.78 $ 7,984.83 $ 8,064.68

330 Governance Training $ - $ - $ - $ - $ - 330 Travel (workshop registration, lodging, etc.) 1 $ 500.00 $ 500.00 $ 2,000.00 $ 2,000.00 $ 2,000.00 $ 2,000.00

Total Board $ 20,350.00 $ 30,777.50 $ 37,005.78 $ 37,084.83 $ 37,164.68

310 Professional Services-Management 500 $ 10.00 $ 5,000.00 $ 50,625.00 $ 67,500.00 $ 67,500.00 $ 67,500.00 $225 / Student - ($10 year one and $112.5 year 2) 730 Administrative Fee $ 1,440,000.00 5% $ 72,000.00 $ 110,700.00 $ 151,290.00 $ 155,072.25 $ 158,949.06 Based on total revenue

Total General Administration $ 77,000.00 $ 161,325.00 $ 218,790.00 $ 222,572.25 $ 226,449.06 General Support Services

Board (7100) General Administration (7200) Instructional-Related Technology(6500) Media Services (6200) Curriculum Development (6300) Staff Development (6400)

Five Year Budget

School District of Palm Beach County 3

Yr1 Yr2 Yr3 Yr4 Yr5

2012-13 2013-14 2014-15 2015-16 2016-17 Number of Students 300 450 600 600 600 Grade Levels K-5 Expense Inflation 101.0% 101.0% 101.0% 101.0% Fiscal Year 2013 - 2017 Budget Worksheet

Somerset Virtual Academy Charter Elementary School

100 Salaries

Principal 0.75 $ 85,000.00 $ 63,750.00 $ 85,850.00 $ 86,708.50 $ 87,575.59 $ 88,451.34 Range: $80,000-$100,000 Assistant Principal 0 $ 60,000.00 $ - $ - $ - $ - $ - Range: $52,000-$70,000 Secretary / Business Manager 0 $ 24,960.96 $ - $ - $ - $ 25,717.30 $ 25,974.48 Range: $25,000-$30,000 Office Assistant 0 $ 22,880.88 $ - $ - $ 23,340.79 $ - $ 23,809.94 Range: $8-$14 per hour/196 days Other Office Personnel 0 $ 20,800.80 $ - $ - $ - $ - $ -

Total Office Personnel 0.75 $ 63,750.00 $ 85,850.00 $ 110,049.29 $ 113,292.89 $ 138,235.75

210 Retirement $ 63,750.00 3.00% $ 1,912.50 $ 2,575.50 $ 3,301.48 $ 3,398.79 $ 4,147.07 Company match 401(k) 3% of pay 220 Social Security $ 63,750.00 7.65% $ 4,876.88 $ 6,567.53 $ 8,418.77 $ 8,666.91 $ 10,575.03 Percent of Total Salaries

230 Health Insurance (includes dental, life, etc.) 0.75 $ 4,620.00 $ 3,465.00 $ 4,666.20 $ 9,425.72 $ 9,519.98 $ 14,422.77 Avg Company contribution of $385/month = $4,620/employee 240 Workers' Compensation $ 63,750.00 1.22% $ 777.75 $ 1,047.37 $ 1,342.60 $ 1,382.17 $ 1,686.48 Total Salaries x rate. Average rate = 1.22%

250 Unemployment Compensation 0.75 $ 189.00 $ 141.75 $ 189.00 $ 378.00 $ 378.00 $ 567.00 Number of employees x rate (based on 2.7% of first $7,000 = $189) 360 Lease-Copy Machine 10 $ - $ - $ - $ - $ - Per month: 10,000 copies: $100-300/mo. 50,000 copies $400-675/mo. 370 Postage 300 $ 6.00 $ 1,800.00 $ 2,727.00 $ 3,672.36 $ 3,709.08 $ 3,746.17 Average = $6.00 per student

390 Printing (includes advertising) 300 $ 5.00 $ 1,500.00 $ 2,272.50 $ 3,060.30 $ 3,090.90 $ 3,121.81 Recruitment/Report Cards/Annual Reports, etc. Average = $40/Student 510 Office Supplies 300 $ 10.00 $ 3,000.00 $ 4,545.00 $ 6,120.60 $ 6,181.81 $ 6,243.62 Average: $4,000 per year

641-642 Office Equipment $ 2,000.00 $ 2,000.00 $ 2,020.00 $ 2,040.20 $ 2,060.60 $ 2,081.21 Average: $1,000 - $5,000 643-644 Computer Equipment 0.75 $ 750.00 $ 562.50 $ 750.00 $ 1,515.00 $ 1,515.00 $ 2,272.50 Average: $750/computer plus printer

730 Dues and Fees 300 $ 4.00 $ 1,200.00 $ 1,818.00 $ 2,448.24 $ 2,472.72 $ 2,497.45 Professional association dues 330 Travel (workshop registration, lodging, etc.) 0.75 $ 1,000.00 $ 750.00 $ 1,000.00 $ 1,000.00 $ 1,000.00 $ 1,000.00 Average: $2,500 per year per administrator

Total School Administration $ 85,736.38 $ 116,028.10 $ 152,772.56 $ 156,668.85 $ 190,596.87

350 Repairs and Maintenance $ - Based on age of building/equipment

360 Building Lease 2500 $ 12.00 $ 30,000.00 $ 30,300.00 $ 30,603.00 $ 30,909.03 $ 31,218.12

* As a virtual charter school, the school will not require a physical facility for day-to-day instruction. Students will work from a setting of choice, such as home or a supervised community location. The school does anticipate leasing space to serve as a teaching center where administrative and teaching staff will work and where families may periodically meet with staff and use school resources.

630 Buildings and Fixed Equipment Purchase of building

660 Land Purchase of land

670 Improvements Other than Buildings Fencing, landscaping, playground equipment, paving, etc.

680 Remodeling and Renovations Carpet replacement, AC replacement, fire alarm systems, etc.

Total Facilities Acquisition and Construction $ 30,000.00 $ 30,300.00 $ 30,603.00 $ 30,909.03 $ 31,218.12

310 Professional Services:

Bookkeeping/Accountant/Research & Development 300 $ 110.00 $ 33,000.00 $ 49,995.00 $ 67,326.60 $ 67,999.87 $ 68,679.86 Additional Services Provided by ESP 730 Bank Fees/Payroll Processing Fees $ 30.00 $ - $ - $ - $ - $ - Range: $0- $20 per month

Total Fiscal Services $ 33,000.00 $ 49,995.00 $ 67,326.60 $ 67,999.87 $ 68,679.86

310 Professional Services $ - $ - $ - $ - $ - $ - Independent Evaluation. Cost Range: $1,500-$4,000

Marketing/Staff Recruiting and Placement Information Services. Cost Range: $1,000-$10,000

730 Dues and Fees 8 $ 75.00 $ 581.25 $ 909.00 $ 1,377.14 $ 1,545.45 $ 1,638.95 Staff Leasing Fees, Fingerprint Fees Total Central Services $ 581.25 $ 909.00 $ 1,377.14 $ 1,545.45 $ 1,638.95

Central Services (7700) Facilities Acquisition and Construction (7400)

School Administration (7300)

Five Year Budget

School District of Palm Beach County 4

Yr1 Yr2 Yr3 Yr4 Yr5

2012-13 2013-14 2014-15 2015-16 2016-17 Number of Students 300 450 600 600 600 Grade Levels K-5 Expense Inflation 101.0% 101.0% 101.0% 101.0% Fiscal Year 2013 - 2017 Budget Worksheet

Somerset Virtual Academy Charter Elementary School

100 Salaries- Bus Drivers 0 $ 12,000.00 $ - $ - $ - $ - $ - Range: $12-$14 per hour/4-6 hours per day 210 Retirement - 3.00% $ - $ - $ - $ - $ - Company match 401(k) 3% of pay 220 Social Security - 7.65% $ - $ - $ - $ - $ - Percent of Total Salaries

230 Health Insurance (includes dental, life, etc.) 0 $ 4,620.00 $ - $ - $ - $ - $ - Avg Company contribution of $485/month = $5,820/employee 240 Workers' Compensation $ - 8.62% $ - $ - $ - $ - $ - Total Salaries x rate. Average rate = 8.62%

250 Unemployment Compensation 0 $ 189.00 $ - $ - $ - $ - $ - Number of employees x rate (based on 2.7% of first $7,000 = $189) 310 Professional Services-Contracted Transportation 720 $ - $ - $ - $ - $ - Range: $114-$195 per route/day

320 Insurance $ - Auto Liability Insurance per bus. No accidents Avg: $1,500 per bus

350 Repairs and Maintenance $ - Bus Repairs. Average $1,500 per bus

371 Phone $ - Radios/Cell Phones- Average $720 annual per radio

390 Contracted Transportation Service 300 $ 25.00 $ 7,500.00 $ 11,362.50 $ 15,301.50 $ 15,454.52 $ 15,609.06 For school events requiring attendance - $25/Student

450 Gasoline $ - Per bus/per year (variable, based on distance) Average = $5,000

651 Buses $ - Range: $6,500-$50,000. 12-yr old bus = $12,500

730 Dues and Fees 0 $ - $ - $ - $ - $ - $ - Drug Testing & License Fees/driver = $125 750 Substitutes 0 $ - $ - $ - $ - $ - $ - Average Rate: $10 per hour

Total Pupil Transportation Services $ 7,500.00 $ 11,362.50 $ 15,301.50 $ 15,454.52 $ 15,609.06

320 Property Insurance $ 3,240.00 $ 3,240.00 $ 4,860.00 $ 6,480.00 $ 6,480.00 $ 6,480.00 Variable, based on location/type of building. $.60/100 of Bldg Value 371 Phone 12 $ 250.00 $ 3,000.00 $ 3,030.00 $ 3,060.30 $ 3,090.90 $ 3,121.81 Includes fax, internet. Average: $1000 per month

381 Water and Sewage 12 $ 150.00 $ 1,800.00 $ 1,818.00 $ 1,836.18 $ 1,854.54 $ 1,873.09 Average = $200-$700 per month 382 Garbage 12 $ 50.00 $ 600.00 $ 606.00 $ 612.06 $ 618.18 $ 624.36 Range: $200-$400 per month 390 Other Purchased Services

Custodial Services (contracted) 0 $ 1,000.00 $ - $ - $ - $ - $ - Includes groundskeeping Fire Alarm Monitoring 4 $ 75.00 $ 300.00 $ 303.00 $ 306.03 $ 309.09 $ 312.18 Average: $200 per quarter Security System Monitoring 4 $ 75.00 $ 300.00 $ 303.00 $ 306.03 $ 309.09 $ 312.18 Average: $375 per quarter Fire Inspections 2 $ - $ - $ - $ - $ - Average: $250 per year Carpet Cleaning 12 $ - $ - $ - $ - $ - Variable, based on need

Grounds Maintenance Average: $6,000/yr

Pest Control 4 $ 225.00 $ 900.00 $ 2,727.00 $ 2,754.27 $ 2,781.81 $ 2,809.63 Range:$750 per year

410 Natural Gas 12 $ - $ - $ - $ - $ - $ -

430 Electricity 12.00 $ 500.00 $ 6,000.00 $ 6,060.00 $ 6,120.60 $ 6,181.81 $ 6,243.62 Average: $1 per square foot 510 Supplies 1 $ - $ - $ - $ - $ - Average: $1000-$1500 per year 641-642 Equipment Variable, based on need Total Operation of Plant $ 16,140.00 $ 19,707.00 $ 21,475.47 $ 21,625.42 $ 21,776.88 350 Repairs and Maintenance $ 1,000.00 $ 1,000.00 $ 1,010.00 $ 1,020.10 $ 1,030.30 $ 1,040.60 A/C, Plumbing, Electrical Repairs 510 Supplies $ - $ - $ - $ - $ - Paint, Fertilizer, etc. Total Maintenance of Plant $ 1,000.00 $ 1,010.00 $ 1,020.10 $ 1,030.30 $ 1,040.60 310 Consultants - Administrative Networks 1 $ - $ - $ - $ - $ -

350 Repairs and Maintenance 1 $ - $ -

510 Supplies 1 $ - $ - $ - $ - $ -

641-642 Offcie Equipment 1 $ - $ - $ - $ - $ -

643-644 Computer Equipment 0.75 $ 750.00 $ 562.50 $ 757.50 $ 1,530.15 $ 1,545.45 $ 2,341.36 Network equipment/Admin computers 690 Software 1 $ - $ - $ - $ - $ - $ - Network Software - Annual Licence

Total Administrative Technology Services 1 $ 750.00 $ 562.50 $ 757.50 $ 1,530.15 $ 1,545.45 $ 2,341.36

710 Redemption of Principal $ - $ 25,000.00 Payment of Principal

720 Interest Expense 6% $ 16,053.85 $ 24,682.80 $ 33,733.16 $ 34,576.49 $ 35,440.90 Long Term Debt (loans, mortgage) Interest - Cash Flow Line Total Debt Service $ 16,053.85 $ 49,682.80 $ 33,733.16 $ 34,576.49 $ 35,440.90

Reserve Fund $ 1,440,000.00 3.00% $ 43,200.00 $ 66,420.00 $ 90,774.00 $ 93,043.35 $ 95,369.43 2-5% of Revenue

Total Budgeted Expenditures $ 1,416,843.18 $ 2,185,762.45 $ 2,904,899.00 $ 2,966,012.14 $ 3,015,535.44

Balance $ 23,156.82 $ 28,237.55 $ 120,901.00 $ 135,432.86 $ 163,445.69 Operation of Plant (7900)

Pupil Transportation Services (7800)

Maintenance of Plant (8100)

Debt Service (9200) Administrative Technology Services (8200)

Five Year Budget

School District of Palm Beach County 5

Yr1 Yr2 Yr3 Yr4 Yr5

2012-13 2013-14 2014-15 2015-16 2016-17 Number of Students 300 450 600 600 600 Grade Levels K-5 Expense Inflation 101.0% 101.0% 101.0% 101.0% Fiscal Year 2013 - 2017 Budget Worksheet

Somerset Virtual Academy Charter Elementary School

Capital Projects Fund Students Allocation Students Students Students Students

390 Capital Outlay Funds 300.00 $ -

FEFP for Capital Projects - 3310 - $ - $ - $ - $ - $ - $ - Not Eligible Capital Outlay - 3397 - $ - $ - $ - $ - $ - $ -

Total Capital Revenue $ - $ - $ - $ - $ -

350 Repairs and Maintenance Based on age of building/equipment

360 Building Lease 0 $ - $ - $ - $ - $ - $ - Funds available for Building Lease

630 Buildings and Fixed Equipment Purchase of building

660 Land Purchase of land

670 Improvements Other than Buildings Fencing, landscaping, playground equipment, paving, etc.

680 Remodeling and Renovations Carpet replacement, AC replacement, fire alarm systems, etc.

Total Facilities Acquisition and Construction $ - $ - $ - $ - $ -

320 Property Insurance $ - $ - Variable, based on location/type of building. Range $4,000-$8,000

641-642 Equipment Variable, based on need

Total Operation of Plant $ -

Total Budgeted Expenditures $ - $ - $ - $ - $ -

Balance $ - $ - $ - $ - $ - Operation of Plant (7900)

Five Year Budget

School District of Palm Beach County 6

Yr1 Yr2 Yr3 Yr4 Yr5

2012-13 2013-14 2014-15 2015-16 2016-17 Number of Students 300 450 600 600 600 Grade Levels K-5 Expense Inflation 101.0% 101.0% 101.0% 101.0% Fiscal Year 2013 - 2017 Budget Worksheet

Somerset Virtual Academy Charter Elementary School

Special Revenue Fund 410

Food Service

Student Meals 0% - - - - - 60% student participation in program

3450 NSLP & Paid Reimbursement $ 2.77 $ 2.80 $ 2.83 $ 2.85 $ 2.88 Total Revenue: $ - $ - $ - $ - $ -

100 Salaries

Lunchroom Manager 0 $ 14,000.00 $ - $ - $ - $ - $ - Range: $12-$15 per hour

Lunchroom Worker 0 $ 12,000.00 $ - $ - $ - $ - $ - Range: $6-$9 per hour (part-time - two for 250 students) Total Lunchroom Personnel 0 $ - $ - $ - $ - $ -

210 Retirement - 3.00% $ - $ - $ - $ - $ - Company match 401(k) 3% of pay 220 Social Security - 7.65% $ - $ - $ - $ - $ - Percent of Total Salaries

230 Health Insurance (includes dental, life, etc.) 0 $ 4,620.00 $ - $ - $ - $ - $ - Avg Company contribution of $485/month = $5,820/employee 240 Workers' Compensation $ - $ 0.08 $ - $ - $ - $ - $ - Total Salaries x rate. Average rate = 8.38%

250 Unemployment Compensation 0 $ 189.00 $ - $ - $ - $ - $ - Number of employees x rate (based on 3% of first $7,000 = $210)

510 Materials and Supplies Disposable napkins, utensils, etc. Average: $1,000/yr

570 Food - $ 2.25 $ - $ - $ - $ - $ - Food Service provider contracted amount. 641-642 Equipment

750 Substitutes $ - $ - Average rate = $5.50 per hour. Average 5 days per employee Total Food Services $ - $ - $ - $ - $ -

Balance Food Service $ - $ - $ - $ - $ - Food Services (7600)

Five Year Budget

School District of Palm Beach County 7

Yr1 Yr2 Yr3 Yr4 Yr5

2012-13 2013-14 2014-15 2015-16 2016-17 Number of Students 300 450 600 600 600 Grade Levels K-5 Expense Inflation 101.0% 101.0% 101.0% 101.0% Fiscal Year 2013 - 2017 Budget Worksheet

Somerset Virtual Academy Charter Elementary School

420 IDEA

***Federal IDEA funds are to supplement and not supplant expected expenditures through the general funds. Expenditures are related to only disabled students. Gifted Students expenditures are not reimbursable through IDEA

Total ESE Students 60.00 45.00 60.00 60.00 60.00

3230 Allocation per Student $ 1,175.00 $ 1,175.00 $ 1,175.00 $ 1,175.00 $ 1,175.00 Pk funding $439/student - K-12 $1,175/student Total Revenue $ 70,500.00 $ 52,875.00 $ 70,500.00 $ 70,500.00 $ 70,500.00

100 Salaries Rate = Your Average Teacher Salary

Interpreters for Hearing Impaired 0 $ - $ - $ - $ - $ - $ - Range: $27,000-$35,000

Teacher Aides 0 $ - $ - $ - $ - $ - $ - Average: $13/hr for 7.5hrs/182 days = $17,745 Total Instructional Personnel 0 $ - $ - $ - $ - $ -

210 Retirement $ - 3.00% $ - $ - $ - $ - $ - Company match 401(k) 3% of pay 220 Social Security $ - 7.65% $ - $ - $ - $ - $ - Percent of Total Salaries plus Substitutes

230 Health Insurance (includes dental, life, etc.) 0 $ 4,620.00 $ - $ - $ - $ - $ - Avg Company contribution of $485/month = $5,820/employee 240 Workers' Compensation $ - 1.22% $ - $ - $ - $ - $ - Total Instructional Salaries x rate. Average rate = 1.25% 250 Unemployment Compensation 0 $ 189.00 $ - $ - $ - $ - $ - Number of employees x rate (based on 2.7% of first $7,000 = $189) 310 Professional Services (contracted instructional services)

Speech Therapy $ - $ - $ - $ - $ - $ - Units = # of hours. Rate = average hourly rate. Range: $50-$65 Occupational/Physical Therapy $ - $ - $ - $ - $ - $ - Units = # of hours. Rate = average hourly rate. Range: $45-$65 350 Computer Repairs $ - $ - $ - $ - $ - $ - Units = # of hours. Average rate = $90

510 Classroom Supplies 60.00 $ - $ - $ - $ - $ - $ - Units = number of students. Average rate = $70 per student

641-642 Classroom Equipment (desks, chairs, etc.) Variable, based on need

643-644 Computer Equipment 60.00 $ - Units = number of computers. Average cost per computer = $750

690 Software Variable, based on need

750 Substitute Teachers 0 $ - $ - $ - $ - $ - $ - Per day/ Average 5 days per teacher. Average cost per day $85

Total Instruction $ - $ - $ - $ - $ -

100 Salaries Rate = Your Average Salary

Psychologist 0 $ - $ - $ - $ - $ - $ - Average = $60-$65/hour x7.5hrx182 days Behavior Intervention 0 $ - $ - $ - $ - $ - $ - Average = $60-$65/hour x7.5hrx182 days Speech/Language 0 $ - $ - $ - $ - $ - $ - Average = $60-$65/hour x7.5hrx182 days Total Pupil Personnel Staff 0 $ - $ - $ - $ - $ -

210 Retirement $ - 0.00% $ - $ - $ - $ - $ - Florida Retirement (9.85%) or Company match 401(b) 220 Social Security $ - 7.65% $ - $ - $ - $ - $ - Percent of Total Salaries

230 Health Insurance (includes dental, life, etc.) 0 $ - $ - $ - $ - $ - $ - Avg Company contribution of $485/month = $5,820/employee 240 Workers' Compensation $ - 0.00% $ - $ - $ - $ - $ - Total Salaries x rate. Average rate = 1.22%

250 Unemployment Compensation 0 $ - $ - $ - $ - $ - $ - Number of employees x rate (based on 2.7% of first $7,000 = $189) 310 Professional Services

Psychologist $ - $ - $ - $ - $ - $ - Units = number of hours. Range = $32-$60 Behavior Intervention

Speech/Language 60.00 $ 700.00 $ 42,000.00 $ 31,500.00 $ 42,000.00 $ 42,000.00 $ 42,000.00 Based on 6.5 hrs/day/180 day contract with Health Dept = $27,600 510 Materials & Supplies

Total Pupil Personnel Services $ 42,000.00 $ 31,500.00 $ 42,000.00 $ 42,000.00 $ 42,000.00

100 Salaries

ESE Contact 0 $ - $ - $ - $ - $ - $ - Range: $40,000-$60,000 Behavior Intervention Analyst 0 $ - $ - $ - $ - $ - $ - Range: $40,000-$60,000

210 Retirement $ - 0.00% $ - $ - $ - $ - $ - Florida Retirement (9.85%) or Company match 401(b) 220 Social Security $ - 7.65% $ - $ - $ - $ - $ - Percent of Total Salaries

230 Health Insurance (includes dental, life, etc.) 0 $ - $ - $ - $ - $ - $ - Avg Company contribution of $485/month = $5,820/employee 240 Workers' Compensation $ - 0.00% $ - $ - $ - $ - $ - Total Salaries x rate. Average rate = 1.22%

250 Unemployment Compensation 0 $ - $ - $ - $ - $ - $ - Number of employees x rate (based on 2.7% of first $7,000 = $189)

310 Professional Services (consultants, etc.) Curriculum Consultants

510 Materials & Supplies $ 28,500.00 $ 21,375.00 $ 28,500.00 $ 28,500.00 $ 28,500.00 Total Curriculum Development $ 28,500.00 $ 21,375.00 $ 28,500.00 $ 28,500.00 $ 28,500.00

Total Budgeted Expenditures $ 70,500.00 $ 52,875.00 $ 70,500.00 $ 70,500.00 $ 70,500.00

Balance IDEA $ - $ - $ - $ - $ - Pupil Personnel Services (6100) Diagnostic

Instruction/Curriculum Development (6300) ESE Contact & Support Exceptional Education Instruction (5200)

Five Year Budget

School District of Palm Beach County 8

Yr1 Yr2 Yr3 Yr4 Yr5

2012-13 2013-14 2014-15 2015-16 2016-17 Number of Students 300 450 600 600 600 Grade Levels K-5 Expense Inflation 101.0% 101.0% 101.0% 101.0% Fiscal Year 2013 - 2017 Budget Worksheet

Somerset Virtual Academy Charter Elementary School

Title I

Total Students 300 450 600 600 600

3240 Total Revenue Allocation $ - $ - $ - $ - $ - See table for Tier Funding

100 Salaries Rate = Your Average Teacher Salary

Other Instructional Staff 0 $ - $ - $ - $ - $ - $ - PE, Music, Foreign Language, Technology Hourly Instructional Personnel (Tutoring/Part-time Teachers) 0 $ - $ - $ - $ - $ - $ - Units = # of hours. Rate: Average $20-25/hour Total Instructional Personnel 0 $ - $ - $ - $ - $ -

210 Retirement $ - 0.00% $ - $ - $ - $ - $ - Florida Retirement (9.85%) or Company match 401(b) 220 Social Security $ - 7.65% $ - $ - $ - $ - $ - Percent of Total Salaries plus Substitutes

230 Health Insurance (includes dental, life, etc.) 0 $ - $ - $ - $ - $ - $ - Avg Company contribution of $485/month = $5,820/employee 240 Workers' Compensation $ - 0.00% $ - $ - $ - $ - $ - Total Instructional Salaries x rate. Average rate = 1.25% 250 Unemployment Compensation 0 $ - $ - $ - $ - $ - $ - Number of employees x rate (based on 2.7% of first $7,000 = $189) 310 Professional Services (contracted instructional services) 0 $ - $ - $ - $ - $ - $ -

510 Classroom Supplies 0 $ - $ - $ - $ - $ - $ - Units = number of students. Average rate = $70 per student 520 Instructional Materials (textbooks, workbooks, etc.) 0 $ - $ - $ - $ - $ - $ - Units = number of students. Average rate = $125 per student

641-642 Classroom Equipment (desks, chairs, etc.) Variable, based on need

643-644 Computer Equipment $ - Units = number of computers. Average cost per computer = $750

690 Software Variable, based on need

750 Substitute Teachers 0 $ - $ - $ - $ - $ - $ - Per day/ Average 5 days per teacher. Average cost per day $85

Total Instruction $ - $ - $ - $ - $ -

100 Salaries Rate = Your Average Salary

Parent Liason 0 $ - $ - $ - $ - $ - $ - Average = $10/hr for 6 hrs/182 days = $10,920 Total Pupil Personnel Staff 0 $ - $ - $ - $ - $ -

210 Retirement $ - 0.00% $ - $ - $ - $ - $ - Florida Retirement (9.85%) or Company match 401(b) 220 Social Security $ - 7.65% $ - $ - $ - $ - $ - Percent of Total Salaries

230 Health Insurance (includes dental, life, etc.) 0 $ - $ - $ - $ - $ - $ - Avg Company contribution of $485/month = $5,820/employee 240 Workers' Compensation $ - 0.00% $ - $ - $ - $ - $ - Total Salaries x rate. Average rate = 1.22%

250 Unemployment Compensation 0 $ - $ - $ - $ - $ - $ - Number of employees x rate (based on 2.7% of first $7,000 = $189)

Total Pupil Personnel Services $ - $ - $ - $ - $ -

100 Workshop Stipends $ - $ - $ - $ - $ - $ - Average = $180/day stipend for teachers to attend workshop 220 Social Security $ - 7.65% $ - $ - $ - $ - $ - Percent of Total Salaries

310 Professional Services (workshop, consultants, training, etc.) $ - Average fee per day = $800 330 Travel (workshop registration, lodging, etc.) $ - $ - $ - $ - $ - Variable, based on need

Total Staff Development $ - $ - $ - $ - $ -

310 Field Trips -Contracted Transportation-Chartered Buses $ - $ - $ - $ - $ - $ - Range: $114-$195 per route/day Total Pupil Transportation Services $ - $ - $ - $ - $ -

Total Budgeted Expenditures $ - $ - $ - $ - $ -

Balance Title I $ - $ - $ - $ - $ -

23,156.82

$ $ 28,237.55 $ 120,901.00 $ 135,432.86 $ 163,445.69 Classroom Instruction (5000)

Net Balance for General Funds and Special Revenue Funds Pupil Personnel Services (6100)

Staff Development (6400)

Pupil Transportation Services (7800) Instructional Support Services (6000)

Start Up Before School Opens

School District of Palm Beach County 1

Start-Up Budget Before Schools Open

Total Revenue Allocation ** $ 25,000.00

Account

Code Description Units Rate Total

100 Salaries Rate = Your Average Teacher Salary

Lead Teacher (3 months before school opens) 0 $ - $ - Range: $35,000-$48,000 Total Instructional Personnel 0 $ -

210 Retirement $ - 0.00% $ - Florida Retirement (9.85%) or Company match 401(b) 220 Social Security $ - 7.65% $ - Percent of Total Salaries plus Substitutes

230 Health Insurance (includes dental, life, etc.) 0 $ - $ - Avg Company contribution of $485/month = $5,820/employee 240 Workers' Compensation $ - 0.00% $ - Total Instructional Salaries x rate. Average rate = 1.25% 250 Unemployment Compensation 0 $ - $ - Number of employees x rate (based on 2.7% of first $7,000 = $189) 310 Professional Services (contracted instructional services)

Speech Therapy $ - $ - Units = # of hours. Rate = average hourly rate. Range: $50-$65 Occupational/Physical Therapy $ - $ - Units = # of hours. Rate = average hourly rate. Range: $45-$65 Physical Education, Art, Technology $ - $ - Units = # of hours. Rate = average hourly rate. Range: $15-$30 350 Computer Repairs $ - $ - Units = # of hours. Average rate = $90

510 Classroom Supplies $ - $ - Units = number of students. Average rate = $70 per student 520 Instructional Materials (textbooks, workbooks, etc.) $ - $ - Units = number of students. Average rate = $125 per student 641-642 Classroom Equipment (desks, chairs, etc.) Variable, based on need

643-644 Computer Equipment $ - Units = number of computers. Average cost per computer = $750

690 Software Variable, based on need

Total Instruction $ -

610 Library Books $ - $ - Range: $10-$18 per hardbound book 620 Audio-Visual Materials $ - $ - Average cost of overhead projector = $200

Total Media Services $ -

310 Professional Services (consultants, etc.) Curriculum Consultants Total Curriculum Development $ -

100 Workshop Stipends $ - $ - Average = $180/day stipend for teachers to attend workshop 220 Social Security $ - 7.65% $ - Percent of Total Salaries

310 Professional Services (workshop, consultants, training, etc.) $ - Average fee per day = $800 330 Travel (workshop registration, lodging, etc.) $ - Variable, based on need

Total Staff Development $ -

310 Professional Services (workshop, consultants, training, etc.) $ - Average fee per day = $800 330 Travel (workshop registration, lodging, etc.) $ - Variable, based on need 643-644 Computer Equipment

Total Staff Development $ -

310 Professional Services (Legal) $ - Range: Hourly rate $150-$250 320 Insurance

Liability/Errors & Omissions/Crime 0 $ - $ - Range: $14-$22 per student Officers and Directors $ - $ - Average: $4,000 annual

310 Audit Average: $15,000 annual

330 Governance Training Average: $1,500 annual

330 Travel (workshop registration, lodging, etc.) Variable, based on need

Total Board $ -

100 Salaries

Principal (Three months before the school opens) 1 $ 13,547.87 $ 13,547.87 Range: $50,000-$85,000

Total Office Personnel 1 $ 13,547.87

210 Retirement $ 13,547.87 3.00% $ 406.44 Company match 401(k) 220 Social Security $ 13,547.87 7.65% $ 1,036.41 Percent of Total Salaries

230 Health Insurance (includes dental, life, etc.) 3 $ 385.00 $ 1,155.00 Avg Company contribution of $385/month = $4,620/employee 240 Workers' Compensation $ 13,547.87 1.22% $ 165.28 Total Salaries x rate. Average rate = 1.22%

250 Unemployment Compensation 1 $ 189.00 $ 189.00 Number of employees x rate (based on 2.7% of first $7,000 = $189) 360 Lease-Copy Machine $ - Per month: 10,000 copies: $100-300/mo. 50,000 copies $400-675/mo. 370 Postage $ 5,000.00 $ 5,000.00 Marketing

390 Printing (includes advertising) $ - Recruitment/Report Cards/Annual Reports, etc. 510 Office Supplies $ 1,000.00 $ 1,000.00 Average: $4,000 per year

641-642 Office Equipment $ 1,000.00 $ 1,000.00 Average: $1,000 - $5,000 643-644 Computer Equipment $ 1,500.00 Average: $750/computer plus printer

730 Dues and Fees Professional association dues

330 Travel (workshop registration, lodging, etc.) Average: $2,500 per year per administrator

Total School Administration $ 25,000.00

** The School will apply for a $25,000 planning and design grant, as provided by the Charter School Implementation Grant Program. If awarded, the grant will assist the school with the start-up costs which will be incurred prior to the period when the school will begin to receive operational funding from the sponsor. In the event that the start-up grant is not awarded, the school has identified a non-profit charter school lender that will provide a line of credit to support the opening expenditures. The budget assumes the line of credit.

General Support Services

Board (7100) School Administration (7300) Budget Notes Classroom Instruction (5000) Media Services (6200) Curriculum Development (6300) Staff Development (6400) Budget Worksheet

Somerset Virtual Academy Charter Elementary School

Start Up Before School Opens

School District of Palm Beach County 2

350 Repairs and Maintenance Based on age of building/equipment

360 Building Lease (Three months before school opens) 0 $ - $ - Average:60- 80 sq ft/student @$12-$17/sq ft

Total Facilities Acquisition and Construction $ -

310 Professional Services: Bookkeeping/Accountant 1 $ - Set Up financial controls 730 Bank Fees/Payroll Processing Fees $ - $ - Range: $0- $20 per month Total Fiscal Services $ -

310 Professional Services $ - Independent Evaluation. Cost Range: $1,500-$4,000 Marketing/Staff Recruiting and Placement $ - $ - Information Services. Cost Range: $1,000-$10,000