United States Michigan UPR Marquette-Alger RESA Marquette Area Public Schools 2016

Citizens' Guide Items

Revenues

Expenditures

Balance Sheet

Category Name Amount
31,526,541
Category Name Amount
32,140,233
Category Name Amount
 

Indicator Score

Assumptions

Components of Fund Equity

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Category Name Amount
Year
Data Status
Scenario
Data Source
Indicator Score
Operating Revenues
Operating Expenses
Foundation Allowance
Enrollment
Fund Balance
Taxable Value
MPSERS Rate

The assumption building the base for the 2015-16 budget are as follows:

Taxable Values +1%

Foundation Allowance $7,138 per pupil with $50 Best Practice and $60 MPSERS 147a offset per pupil funding.

Enrollment based on 12/2013 projections by StanFred Consulting (3,164)

Staffing and Compensation +2% increase, 5 retirees with 4 replaced, Retirement 25.78% with 8% UAAL revenue/expenditures under 147c/d, Medical Insurance +3% with Hard Caps.

Category Name Amount
7,049,969

Reports Available for Marquette Area Public Schools fiscal year 2016