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Preschool and Daycare Discussion
Reply to "RSCC office staff"
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[quote=Anonymous]Throwing around some numbers and assumptions… If way off, sorry…just trying to understand. Please don’t slam me or get nasty. 1. Betsy’s position will not be filled 2. Let’s say she was making 55k with 3% increase = $56,650 3. That’s $4720 a month the school nets from after tax tuition parents pay that is not being paid out. 4. Current directors/staff will need to work some overtime to make up. Say 5 hours each a week times 3 people. Assuming salary is also 55k works out to $27/hour = $405/week (15*27) or $1620/month (405*4). 5. School nets about $3000 a month ($4720-$1620 = $3100) 6. By end of April (8 months) the school will have made $24k and by end of June school will have made $30k, so we either should not be hit up for $30k in additional funds at a fundraiser or should not expect to see an increase in tuition in September, by which point to school should have netted $36k. 7. Hoping teachers will not be asked to contribute any of their salary to fundraising. Not sure if the school ever considered this, but another way to keep tuition rates down may be to see if more parents are willing and able to contribute time. Sort of like a co-op. Ok, put down your fists of anger, not suggesting turning school into a co-op, but with a large parental board of directors already volunteering time and 2 full time office/directors and one part-time, is there still need for a president now that the school is settled and operational? Is there something that the president is doing that the directors, board members, or parent volunteers couldn’t do? Just throwing some ideas out. Not suggesting anyone is good, bad, or ugly, in the right or wrong. Understand this would require some overhaul to the current set up. Maybe the directors are in charge of hiring/firing/reviews of teachers and directing parent volunteers and board yearly does review of directors. Obviously I’m concerned with my child’s well being and education first, but also concerned about my wallet. That would save an additional salary that could help keep tuition increases down. [/quote]
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