The current Superintendent of Schools and the School Board are making fiscally irresponsible decisions, all in the guise of “What is good for the Children!”
Here are the facts:
School taxes doubled from 1995 to 2012. All the money has been spent on Teacher & Administrative Salaries, Retirement and Health Care.
Teacher salaries and benefits now average $80,000 annually.
This is due primarily to skyrocketing retirement & health care spending as shown in
The following table:
Fiscal School Years
1995 2012 % Increase
Supervisor & Teacher Salaries $4.0 $ 8.7 117 %
Retirement $0.9 $ 2.8 211 %
Health Care $0.8 $2.0 150 %
FICA $0.5 $0.9 80 %
Total $6.2 $14.4 132.3%
There are 454 “out of district enrollees” costing Spring Lake School taxpayers over $2 millon annually as a subsidy. Using funds intended for special education to support Schools of Choice Students is questionable. The Bond Proposal will increase the total debt to $59.8 million. Over the next 27 years, total interest and principal payments will be $94.6 million.
How does building a new sports complex help children learn? Do we really need 12 Supervisors at a total annual compensation cost of over a million dollars? Perhaps the School Board should be asking the Superintendent how he plans to cover the $500,000 operating deficit to be incurred in 2013-2014 School Year. Combining administrative positions and controlling fringe benefits would result in substantial savings.
I was able to assemble these figures from raw data I requested from the Chief Financial Officer of the school district.
The time to say NO is on November 5, 2013. This action will restore some fiscal responsibility. We must hold the School Board and Superintendent fiscally accountable.