Budget
In 2007, the district employed 493 teachers. The average teacher salary in the district was $69,875 for 180 days worked. As of 2007, Pennsylvania ranked in the top 10 states in average teacher salaries. When adjusted for cost of living Pennsylvania ranked fourth in the nation for teacher compensation. Additionally, the teachers receive a defined benefit pension, health insurance, professional development reimbursement, personal days, sick days, and other benefits.
Abington School District administrative costs per pupil was $993.92 in 2008. The lowest administrative cost per pupil in Pennsylvania was $398 per pupil.
The district is funded by a combination of: a local earned income tax, a property tax, a real estate transfer tax, grants, coupled with substantial funding from the Commonwealth of Pennsylvania and the federal government. Pennsylvania exempts pension income and social security income from both state personal income tax and local earned income tax, regardless of the level of income.
Read more about this topic: Abington School District
Famous quotes containing the word budget:
“The United States is the only great nation whose government is operated without a budget. The fact is to be the more striking when it is considered that budgets and budget procedures are the outgrowth of democratic doctrines and have an important part in developing the modern constitutional rights.... The constitutional purpose of a budget is to make government responsive to public opinion and responsible for its acts.”
—William Howard Taft (1857–1930)
“A budget takes the fun out of money.”
—Mason Cooley (b. 1927)
“We might come closer to balancing the Budget if all of us lived closer to the Commandments and the Golden Rule.”
—Ronald Reagan (b. 1911)