Budget Worksheet Orion K-8. Start-Up Budget Before Schools Open. Balance Start Up Funds $ Start Up Before School Opens

Transcription

1 Start Up Before School Opens Budget Worksheet Orion K8 StartUp Budget Before Schools Open Revenue Allocation ** 25, ** 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 startup 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 startup grant is not awarded, the school has identified a nonprofit charter school lender that will provide a line of credit to support the opening expenditures. The budget assumes the line of credit. Account Code Description Units Rate Classroom Instruction (5000) Rate = Your Average Teacher Salary Lead Teacher (3 months before school opens) 0 Range: 35,00048,000 Instructional Personnel Retirement 0.00% Florida Retirement (9.85%) or Company match 401(b) 220 Social Security 7.65% Percent of 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% 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: 5065 Occupational/Physical Therapy Units = # of hours. Rate = average hourly rate. Range: 4565 Physical Education, Art, Technology Units = # of hours. Rate = average hourly rate. Range: Computer Repairs Units = # of hours. Average rate = 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 Classroom Equipment (desks, chairs, etc.) Variable, based on need Computer Equipment Units = number of computers. Average cost per computer = Software Variable, based on need Budget Notes Instruction Media Services (6200) 610 Library Books Range: 1018 per hardbound book 620 AudioVisual Materials Average cost of overhead projector = 200 Media Services Curriculum Development (6300) 310 Professional Services (consultants, etc.) 13, Curriculum Consultants Curriculum Development 13, Staff Development (6400) 100 Workshop Stipends Average = 180/day stipend for teachers to attend workshop 220 Social Security 7.65% Percent of Salaries 310 Professional Services (workshop, consultants, training, etc.) 3, Average fee per day = Travel (workshop registration, lodging, etc.) Variable, based on need Staff Development 3, Professional Services (workshop, consultants, training, etc.) Average fee per day = Travel (workshop registration, lodging, etc.) Variable, based on need Computer Equipment Staff Development General Support Services 310 Professional Services (Legal) Range: Hourly rate Insurance Liability/Errors & Omissions/Crime 0 Range: 1422 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 Board Principal (Three months before the school opens) 1 Range: 50,00085,000 Office Personnel Retirement 3.00% Company match 401(k) 220 Social Security 7.65% Percent of Salaries 230 Health Insurance (includes dental, life, etc.) 3 Avg Company contribution of 385/month = 4,620/employee 240 Workers' Compensation 1.22% Salaries x rate. Average rate = 1.22% 250 Unemployment Compensation 1 Number of employees x rate (based on 2.7% of first 7,000 = 189) 360 LeaseCopy Machine Per month: 10,000 copies: /mo. 50,000 copies /mo. 370 Postage 5, , Marketing 390 Printing (includes advertising) Recruitment/Report Cards/Annual Reports, etc. 510 Office Supplies 1, , Average: 4,000 per year Office Equipment 1, , Average: 1,000 5, Computer Equipment 1, 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 School Administration 8, Repairs and Maintenance Based on age of building/equipment 360 Building Lease (Three months before school opens) 0 Average:60 80 sq ft 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 Fiscal Services 310 Professional Services Independent Evaluation. Cost Range: 1,5004,000 Marketing/Staff Recruiting and Placement Information Services. Cost Range: 1,00010, Dues and Fees Staff Leasing Fees, Fingerprint Fees Central Services 390 Other Purchased Services Operation of Plant 310 Consultants Administrative Networks 350 Repairs and Maintenance 510 Supplies Offcie Equipment InstructionalRelated Technology(6500) Board (7100) School Administration (7300) Facilities Acquisition and Construction (7400) Fiscal Services (7500) Central Services (7700) Operation of Plant (7900) Administrative Technology Services (8200) Computer Equipment Network Equipment 690 Software Network Software Administrative Technology Services Budgeted Expenditures 25, Balance Start Up Funds

2 School Design Orion K8 Enter District: Brevard ESE Percent 12.70% ESOL Percent 8.00% Transportation Percent 40.00% Occupancy 100% 100% 100% 100% 100% Homeroom Teachers Year 1 Year 2 Year 3 Year 4 Year 5 Kindergarten st Grade nd Grade rd Grade th Grade th Grade th Grade th Grade th Grade 3 3 9th Grade 10th Grade 11th Grade 12th Grade Student Teacher Ratio Year 1 Year 2 Year 3 Year 4 Year 5 Kindergarten st Grade nd Grade rd Grade th Grade th Grade th Grade th Grade th Grade th Grade th Grade th Grade th Grade Students by Grade Full Enrollment Year 1 Year 2 Year 3 Year 4 Year 5 Kindergarten st Grade nd Grade rd Grade th Grade th Grade th Grade th Grade th Grade th Grade th Grade th Grade th Grade Students by Grade Budgeted Enrollment Year 1 Year 2 Year 3 Year 4 Year 5 Kindergarten st Grade nd Grade rd Grade th Grade th Grade th Grade th Grade th Grade th Grade th Grade th Grade th Grade Grade Matrix Year 1 Year 2 Year 3 Year 4 Year 5 ESE Enrollment Level Level FTE FTE FTE FTE FTE Additional Funding from the K ESE Guaranteed Allocation. K3 252 Enter the FTE from 111,112 K3 253 & 113 by grade and matrix level. Students who do not have a matrix level should be considered 251. The total should equal all FTE from programs 111, 112 & 113 abo ESOL Allocation Per Grade Grade Level K

3 Staffing Plan Staffing Matrix 33, , , , , Yr1 Yr2 Yr3 Yr4 Yr5 Instruction Staff Full time Equivalent Homeroom Teachers 36, Paraprofessionals 14, Other Teachers (ESE, ESOL, Reading/Math Coaches) 40, PE, Art, Music, Technology Teachers 36, Substitute Teachers 1, , Pupil Personnel Services ESE Contact 40, Guidance Counselor 38,500 Nurse Health Assistance Parent Liaison Guidance Counselor 38, , Media Services Instructional Related Technology 36, Media Specialist 40, , School Administration Principal 85, Assistant Principal 60, Secretary / Business Manager 24, Office Assistant 22, Other Office Personnel 20, , Food Services Lunchroom Manager 14, Lunchroom Worker 10, , Pupil Transportation Services Drivers & Transportation workers 12,000 12,000 Operation of Plant Custodian 20, Security 20, , TOTAL STAFF

4 Budget Worksheet Orion K8 Fiscal Year Ending Five Year Budget Yr1 Yr2 Yr3 Yr4 Yr Number of Students Grade Levels K8 Expense Inflation 101.0% 101.0% 101.0% 101.0% Estimated Revenue FEFP Basic Gross ,513, ,768, ,024, ,279, ,279, Less amount to be restricted to capital outlay from the adm. Fees ESE Guarantee 45, , , , , Instructional Materials , , , , , Discretionary Lottery Funds , , , , , Class Size Reduction , , , , , Discretionary Local Effort , , , , , Transportation , , , , , % of Student Using Transportation Other FEFP Revenue , , , , , Other funds Fundraising/Loans/Other Source of Funds 100 General Funds Revenue: 2,350, ,742, ,135, ,527, ,527, Account Code Description Units Rate Classroom Instruction (5000) Rate = Your Average Teacher Salary Classroom Teachers 18 36, , , , ,001, ,011, Range: 35,00048,000 Paraprofessionals 1 14, , , , , , Average: 10.25/hr for 7.5hrs/182 days = 14,000 Other Teachers (ESE, ESOL, Reading/Math Coaches) , , , , , , Range: 40,00053,000 Permanent Floating Substitute Teachers 18 1, , , , , , Units = # of Days. Rate: Average 110/day Other Instructional Staff 2 36, , , , , , PE, Music, Foreign Language, Technology Salaries & Units of Full Time Personnel , , ,114, ,332, ,346, Hourly Instructional Personnel (Tutoring/Parttime Teachers) 0 Units = # of hours. Rate: Average 2025/hour Instructional Personnel , , ,114, ,332, ,346, Retirement 813, % 24, , , , , Company match 401(k) at 3% match 220 Social Security 813, % 62, , , , , Percent of Salaries plus Substitutes 230 Health Insurance (includes dental, life, etc.) , , , , , , Avg Company contribution of 385/month = 4,620/employee 240 Workers' Compensation 813, % 10, , , , , Instructional Salaries x rate. Average rate = 1.25% 250 Unemployment Compensation , , , , , Number of employees x rate (based on 2.7% of first 7,000 = 189) 310 Professional Services (contracted instructional services) Speech Therapy , , , , , Estimated 10% Students for Speech Occupational/Physical Therapy , , , , , Estimated 1.25% Students for OT Physical Education, Art, Technology Units = # of hours. Rate = average hourly rate. Range: Computer Repairs Units = # of hours. Average rate = Classroom Supplies , , , , , Units = number of students. Average rate = 90 per student 520 Instructional Materials (textbooks, workbooks, etc.) , , , , , Units = number of students. Average rate = 225 per student Classroom Equipment (desks, chairs, etc.) , , , , , Variable, based on need Computer Equipment , , , , , Units = number of computers. Average cost per computer = Software 1 15, , , , , , Progress monitoring and Instructional, based on need 750 Substitute Teachers 180 Per day/ Average 5 days per teacher. Average cost per day 85 Instruction 1,229, ,504, ,657, ,014, ,996, Instructional Support Services (6000) Rate = Your Average Salary ESE Contact , , , , , , Guidance Counselors , , , , , , Range: 35,00042,000 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 Pupil Personnel Staff , , , , , Retirement 19, % , , , Company match 401(k) at 3% match 220 Social Security 19, % 1, , , , , Percent of Salaries 230 Health Insurance (includes dental, life, etc.) , , , , , Avg Company contribution of 385/month = 4,620/employee 240 Workers' Compensation 19, % Salaries x rate. Average rate = 1.22% 250 Unemployment Compensation Number of employees x rate (based on 2.7% of first 7,000 = 189) 310 Professional Services Pupil Personnel Services (6100) Counseling Services , , , , , Units = # Number of ESE 350 per student Contracted Nurse (Health Department) Based on 6.5 hrs/day/180 day contract with Health Dept = 27,600 Pupil Personnel Services 39, , , , , Budget Notes

5 Budget Worksheet Orion K8 Fiscal Year Ending Five Year Budget Yr1 Yr2 Yr3 Yr4 Yr Number of Students Grade Levels K8 Expense Inflation 101.0% 101.0% 101.0% 101.0% Instructional Related Technology , , , , , , Range: 30,00038,000 Media Specialist , , , , , , Range: 39,000 42,000 Media Personnel 1 38, , , , , Retirement 38, % 1, , , , , Company match 401(k) at 3% match 220 Social Security 38, % 2, , , , , Percent of Salaries 230 Health Insurance (includes dental, life, etc.) 1 4, , , , , , Avg Company contribution of 385/month = 4,620/employee 240 Workers' Compensation 38, % Salaries x rate. Average rate = 1.22% 250 Unemployment Compensation Number of employees x rate (based on 2.7% of first 7,000 = 189) 610 Library Books , , , , , Range: 1018 per hardbound book 620 AudioVisual Materials Average cost of overhead projector = 200 Media Services 50, , , , , Curriculum Specialist 0 40, Range: 40,00060, Retirement 3.00% Company match 401(k) at 3% match 220 Social Security 7.65% Percent of Salaries 230 Health Insurance (includes dental, life, etc.) 0 4, Avg Company contribution of 385/month = 4,620/employee 240 Workers' Compensation 1.22% Salaries x rate. Average rate = 1.22% 250 Unemployment Compensation Number of employees x rate (based on 2.7% of first 7,000 = 189) 310 Professional Services (ESP Provided Service) , , , , , per student. Curriculum Development 40, , , , , Workshop Stipends , , , , , Average = 180/day stipend for teachers to attend workshop 220 Social Security 9, % , , Percent of Salaries 310 Professional Services (workshop, consultants, training, etc.) Average fee per day = Travel (workshop registration, lodging, etc.) , , , , , Variable, based on need Staff Development 22, , , , , Instructional Technology Support Salaries 0 40, Average = 180/day stipend for teachers to attend workshop 210 Retirement 3.00% Company match 401(k) at 3% match 220 Social Security 7.65% Percent of Salaries 230 Health Insurance (includes dental, life, etc.) 0 4, Avg Company contribution of 385/month = 4,620/employee 240 Workers' Compensation 1.22% Salaries x rate. Average rate = 1.22% 250 Unemployment Compensation 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 = Travel (workshop registration, lodging, etc.) Variable, based on need Computer Equipment , , , , , Instruction Technology per Classroom Staff Development 13, , , , , General Support Services 310 Professional Services (Legal) 1 2, , , , , , Range: Hourly rate Hours 320 Insurance Media Services (6200) Curriculum Development (6300) Staff Development (6400) InstructionalRelated Technology(6500) Board (7100) Liability/Errors & Omissions/Crime , , , , , Range: 1422 per student Officers and Directors 1 2, , , , , , Average: 4,000 annual 310 Audit 8, , , , , Governance Training 330 Travel (workshop registration, lodging, etc.) 1 2, , , , , , Board 21, , , , , General Administration (7200) 310 Professional ServicesManagement , , , , , / Student 730 Administrative Fee 2,384, % 85, , , , , Based on total revenue for first 250 students General Administration 163, , , , ,867.79

6 Budget Worksheet Orion K8 Fiscal Year Ending Five Year Budget Yr1 Yr2 Yr3 Yr4 Yr Number of Students Grade Levels K8 Expense Inflation 101.0% 101.0% 101.0% 101.0% Principal 1 85, , , , , , Range: 80,000100,000 Assistant Principal 0 60, , , , Range: 52,00070,000 Secretary / Business Manager 1 24, , , , , , Range: 25,00030,000 Office Assistant 1 22, , , , , , Range: 814 per hour/196 days Other Office Personnel 0 20, , , , , Office Personnel 3 132, , , , , Retirement 132, % 3, , , , , Company match 401(k) at 3% match 220 Social Security 132, % 10, , , , , Percent of Salaries 230 Health Insurance (includes dental, life, etc.) 3 4, , , , , , Avg Company contribution of 385/month = 4,620/employee 240 Workers' Compensation 132, % 1, , , , , Salaries x rate. Average rate = 1.22% 250 Unemployment Compensation , , Number of employees x rate (based on 2.7% of first 7,000 = 189) 360 LeaseCopy Machine , , , , , Per month: 10,000 copies: /mo. 50,000 copies /mo. 370 Postage , , , , , Average = 6.00 per student 390 Printing (includes advertising) , , , , , Recruitment/Report Cards/Annual Reports, etc. Average = 100/Student 510 Office Supplies , , , , , Average = per student Office Equipment 4, , , , , , Average: 1,000 5, Computer Equipment , , , , , Average: 750/computer plus printer per Admin position 730 Dues and Fees , , , , , Professional association dues 330 Travel (workshop registration, lodging, etc.) 1 1, , , , , , Average: 1,000 per year per administrator School Administration 224, , , , , Repairs and Maintenance Based on age of building/equipment 360 Building Lease , , , , , per student per year less amount paid with capital dollars 630 Buildings and Fixed Equipment Purchase of building 660 Land Purchase of land 670 Improvements Other than Buildings 2, , , , , , Fencing, landscaping, playground equipment, paving, etc. 680 Remodeling and Renovations Carpet replacement, AC replacement, fire alarm systems, etc. Facilities Acquisition and Construction 212, , , , , Accountant 0 50, Range: 24,00040,000 Bookkeeper 0 22, Fiscal Personnel Retirement 3.00% Company match 401(k) at 3% match 220 Social Security 7.65% Percent of Salaries 230 Health Insurance (includes dental, life, etc.) 0 4, Avg Company contribution of 485/month = 5,820/employee 240 Workers' Compensation 1.22% Salaries x rate. Average rate = 1.22% 250 Unemployment Compensation Number of employees x rate (based on 2.7% of first 7,000 = 189) 310 Professional Services: School Administration (7300) Facilities Acquisition and Construction (7400) Fiscal Services (7500) Bookkeeping/Accountant/Research & Development , , , , , Additional Services Provided by ESP 730 Bank Fees/Payroll Processing Fees Range: 0 20 per month Fiscal Services 38, , , , , Central Services (7700) 310 Professional Services Independent Evaluation. Cost Range: 1,5004,000 Marketing/Staff Recruiting and Placement Information Services. Cost Range: 1,00010, Dues and Fees , , , , , Staff Leasing Fees, Fingerprint Fees Central Services 2, , , , ,921.78

7 Budget Worksheet Orion K8 Fiscal Year Ending Five Year Budget Yr1 Yr2 Yr3 Yr4 Yr Number of Students Grade Levels K8 Expense Inflation 101.0% 101.0% 101.0% 101.0% Bus Drivers 0 12, Range: 1214 per hour/46 hours per day 210 Retirement 3.00% Company match 401(k) at 3% match 220 Social Security 7.65% Percent of Salaries 230 Health Insurance (includes dental, life, etc.) 0 4, Avg Company contribution of 485/month = 5,820/employee 240 Workers' Compensation 8.62% Salaries x rate. Average rate = 8.62% 250 Unemployment Compensation Number of employees x rate (based on 2.7% of first 7,000 = 189) 310 Other Purchased Services Contracted Transportation 3 51, , Per Bus Costs per Day at 40% Ridership 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 Other Purchased Services 450 Gasoline Per bus/per year (variable, based on distance) Average = 5, Buses Range: 6,50050, yr old bus = 12, Dues and Fees 0 Drug Testing & License Fees/driver = Substitutes 0 Average Rate: 10 per hour Pupil Transportation Services 51, , Custodians 1 20, , , , , , Range: 1013 per hour Security Officer 0 20, , , Crossing Guards 0 12, Plant Personnel 1 20, , , , , Retirement 20, % , , , Company match 401(k) at 3% match 220 Social Security 20, % 1, , , , , Percent of Salaries 230 Health Insurance (includes dental, life, etc.) 1 4, , , , , , Avg Company contribution of 385/month = 4,620/employee 240 Workers' Compensation 20, % 1, , , , , Salaries x rate. Average rate = 8.38% 250 Unemployment Compensation Number of employees x rate (based on 2.7% of first 7,000 = 189) 320 Property Insurance 12, , , , , , Variable, based on location/type of building..60/100 of Bldg Value 371 Phone , , , , , Includes fax, internet. Average: 1000 per month 381 Water and Sewage , , , , , Average = per month 382 Garbage , , , , , Range: per month 390 Other Purchased Services Pupil Transportation Services (7800) Operation of Plant (7900) Custodial Services (contracted) 1 25, , , , , , Includes groundskeeping Fire Alarm Monitoring Average: 200 per quarter Security System Monitoring , , , , , Average: 375 per quarter Fire Inspections Average: 250 per year Carpet Cleaning 12 Variable, based on need Grounds Maintenance 1 3, , , , , , Average: 6,000/yr Pest Control , , , , Range:750 per year 410 Natural Gas Electricity , , , , , , Average: 1 per square foot of occupied space 510 Supplies 1 1, , , , , , Average: per year Equipment Variable, based on need Operation of Plant 103, , , , , Maintenance of Plant (8100) 350 Repairs and Maintenance 20, , , , , , A/C, Plumbing, Electrical Repairs 510 Supplies Paint, Fertilizer, etc. Maintenance of Plant 20, , , , , Administrative Technology Services (8200) 310 Consultants Administrative Networks Repairs and Maintenance Supplies Office Equipment Computer Equipment , , , , , Network equipment/admin computers 690 Software 1 2, , , , , , Network Software Annual Licence Administrative Technology Services 1 3, , , , , , Debt Service (9200) 710 Redemption of Principal 25, Payment of Principal 720 Interest Expense 6% 1, Long Term Debt (loans, mortgage) Interest Debt Service 1, , Reserve Fund 2,384, % 71, , , , , % of Revenue Budgeted Expenditures 2,311, ,725, ,028, ,408, ,469, Balance 39, , , , ,190.79

8 Budget Worksheet Orion K8 Fiscal Year Ending Five Year Budget Yr1 Yr2 Yr3 Yr4 Yr Number of Students Grade Levels K8 Expense Inflation 101.0% 101.0% 101.0% 101.0% Capital Projects Fund Students Allocation 390 Capital Outlay Funds FEFP for Capital Projects , , , , , Amount restricted for Capital Outlay from the 5% Admin Fee over 250 studen Capital Outlay , , Capital Outlay Beginning Year 4 Capital Revenue 33, , , , , Repairs and Maintenance Based on age of building/equipment 360 Building Lease 0 33, , , , , 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. Facilities Acquisition and Construction 33, , , , , Operation of Plant (7900) 320 Property Insurance Variable, based on location/type of building. Range 4,0008, Equipment Variable, based on need Operation of Plant Budgeted Expenditures 33, , , , , Balance

9 Budget Worksheet Orion K8 Fiscal Year Ending Five Year Budget Yr1 Yr2 Yr3 Yr4 Yr Number of Students Grade Levels K8 Expense Inflation 101.0% 101.0% 101.0% 101.0% Special Revenue Fund 410 Food Service Student Meals 60% 37,584 44,712 51,840 58,968 58,968 60% student participation in program 3450 NSLP & Paid Reimbursement Revenue: 107, , , , , Lunchroom Manager 1 14, , , , , , Range: 1215 per hour Lunchroom Worker 0 10, , , , Range: 69 per hour (parttime two for 250 students) Lunchroom Personnel 1 14, , , , , Retirement 14, % Company match 401(k) at 3% match 220 Social Security 14, % 1, , , , , Percent of Salaries 230 Health Insurance (includes dental, life, etc.) 1 4, , , , , , Avg Company contribution of 485/month = 5,820/employee 240 Workers' Compensation 14, , , , , , Salaries x rate. Average rate = 8.38% 250 Unemployment Compensation 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 37, , , , , , Food Service provider contracted amount Equipment Food Services (7600) 750 Substitutes 5.00 Average rate = 5.50 per hour. Average 5 days per employee Food Services 112, , , , , Balance Food Service (5,387.04) (6,472.81) (7,683.82) (13,206.24) (13,334.52)

10 Budget Worksheet Orion K8 Fiscal Year Ending Five Year Budget Yr1 Yr2 Yr3 Yr4 Yr Number of Students Grade Levels K8 Expense Inflation 101.0% 101.0% 101.0% 101.0% 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 ESE Students Allocation per Student Pk funding 439/student K12 1,175/student Revenue Rate = Your Average Teacher Salary Interpreters for Hearing Impaired 0 Range: 27,00035,000 Teacher Aides 0 Average: 13/hr for 7.5hrs/182 days = 17,745 Instructional Personnel Retirement 3.00% Company match 401(k) at 3% match 220 Social Security 7.65% Percent of Salaries plus Substitutes 230 Health Insurance (includes dental, life, etc.) 0 4, Avg Company contribution of 485/month = 5,820/employee 240 Workers' Compensation 1.22% Instructional Salaries x rate. Average rate = 1.25% 250 Unemployment Compensation Number of employees x rate (based on 2.7% of first 7,000 = 189) 310 Professional Services (contracted instructional services) Exceptional Education Instruction (5200) Speech Therapy Units = # of hours. Rate = average hourly rate. Range: 5065 Occupational/Physical Therapy Units = # of hours. Rate = average hourly rate. Range: Computer Repairs Units = # of hours. Average rate = Classroom Supplies Units = number of students. Average rate = 70 per student Classroom Equipment (desks, chairs, etc.) Variable, based on need Computer Equipment Units = number of computers. Average cost per computer = Software Variable, based on need 750 Substitute Teachers 0 Per day/ Average 5 days per teacher. Average cost per day 85 Instruction Rate = Your Average Salary Psychologist 0 Average = 6065/hour x7.5hrx182 days Behavior Intervention 0 Average = 6065/hour x7.5hrx182 days Speech/Language 0 Average = 6065/hour x7.5hrx182 days Pupil Personnel Staff Retirement 0.00% Florida Retirement (9.85%) or Company match 401(b) 220 Social Security 7.65% Percent of Salaries 230 Health Insurance (includes dental, life, etc.) 0 Avg Company contribution of 485/month = 5,820/employee 240 Workers' Compensation 0.00% 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 = 3260 Behavior Intervention Speech/Language Based on 6.5 hrs/day/180 day contract with Health Dept = 27, Materials & Supplies Pupil Personnel Services Pupil Personnel Services (6100) Diagnostic Instruction/Curriculum Development (6300) ESE Contact & Support ESE Contact 0 Range: 40,00060,000 Behavior Intervention Analyst 0 Range: 40,00060, Retirement 0.00% Florida Retirement (9.85%) or Company match 401(b) 220 Social Security 7.65% Percent of Salaries 230 Health Insurance (includes dental, life, etc.) 0 Avg Company contribution of 485/month = 5,820/employee 240 Workers' Compensation 0.00% 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 Curriculum Development Budgeted Expenditures Balance IDEA

11 Budget Worksheet Orion K8 Fiscal Year Ending Five Year Budget Yr1 Yr2 Yr3 Yr4 Yr Number of Students Grade Levels K8 Expense Inflation 101.0% 101.0% 101.0% 101.0% Title I Students Revenue Allocation See table for Tier Funding Classroom Instruction (5000) Rate = Your Average Teacher Salary Other Instructional Staff 0 PE, Music, Foreign Language, Technology Hourly Instructional Personnel (Tutoring/Parttime Teachers) 0 Units = # of hours. Rate: Average 2025/hour Instructional Personnel Retirement 0.00% Florida Retirement (9.85%) or Company match 401(b) 220 Social Security 7.65% Percent of 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% 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) 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 Classroom Equipment (desks, chairs, etc.) Variable, based on need Computer Equipment Units = number of computers. Average cost per computer = Software Variable, based on need 750 Substitute Teachers 0 Per day/ Average 5 days per teacher. Average cost per day 85 Instruction Instructional Support Services (6000) Pupil Personnel Services (6100) Rate = Your Average Salary Parent Liason 0 Average = 10/hr for 6 hrs/182 days = 10,920 Pupil Personnel Staff Retirement 0.00% Florida Retirement (9.85%) or Company match 401(b) 220 Social Security 7.65% Percent of Salaries 230 Health Insurance (includes dental, life, etc.) 0 Avg Company contribution of 485/month = 5,820/employee 240 Workers' Compensation 0.00% 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) Pupil Personnel Services Staff Development (6400) 100 Workshop Stipends Average = 180/day stipend for teachers to attend workshop 220 Social Security 7.65% Percent of Salaries 310 Professional Services (workshop, consultants, training, etc.) Average fee per day = Travel (workshop registration, lodging, etc.) Variable, based on need Staff Development Pupil Transportation Services (7800) 310 Field Trips Contracted TransportationChartered Buses Range: per route/day Pupil Transportation Services Budgeted Expenditures Balance Title I Net Balance for General Funds and Special Revenue Funds 33, , , , ,856.27

12 School District: FEFP State and Local Funding Revenue Estimate Worksheet for Orion Preparatory Academy Based on the FEFP Fourth Calculation Brevard Base Student Allocation 4, District Cost Differential: Program Weighted FTE Base Funding Program Number of FTE Cost Factor (2) x (3) (WFTE x BSA x DCD) (1) (2) (3) (4) (5) 101 Basic K , Basic K3 with ESE Services , Basic , Basic 48 with ESE Services , Basic Basic 912 with ESE Services ESE Level 4 (Grade Level PK3 ) ESE Level 4 (Grade Level 48) ESE Level 4 (Grade Level 912) ESE Level 5 (Grade Level PK3 ) ESE Level 5 (Grade Level 48) ESE Level 5 (Grade Level 912) ESOL (Grade Level PK3) ESOL (Grade Level 48) , ESOL (Grade Level 912) , Career Education (Grades 912) s ,546,942 Letters in Parentheses Refer to Notes at Bottom of Worksheet: Additional FTE (a) Advanced Placement International Baccalaureate Advanced International Certificate Industry Certified Career Education Early High School Graduation Small District ESE Supplement Number of FTE Charter schools should contact their school district sponsor regarding eligible FTE. Please note that Number of FTE is NOT equivalent to number of students enrolled in these courses or programs. Please refer to footnote (a) below. Additional FTE Funded Weighted FTE Base Funding (WFTE x BSA x DCD) Additional Base Funds Base Funding 1,546, ESE Guaranteed Allocation: FTE Additional Funding from the ESE Guaranteed Allocation. Enter the FTE from 111,112 and 113 by grade and matrix level. Students who do not have a matrix level should be considered 251. This total should equal all FTE from programs 111, 112 and 113 above. FTE with ESE Services Grade Level Matrix Level Guarantee Per Student PK ,892 PK ,217 PK , ,117 18, , , , ,364 ESE Guarantee 45,881 3A. Divide school's Unweighted FTE (UFTE) total computed in Section 1, cell C27 above by the district's total UFTE to obtain school's UFTE share. Charter School UFTE: District's UFTE: = 72, % 12

13 3B. Divide school's Weighted FTE (WFTE) total computed in Section 1, cell E37 above by the district's total WFTE to obtain school's WFTE share. Charter School WFTE: District's WFTE: = 79, % 4. Supplemental Academic Instruction (UFTE share) 300 Lowest Performing Schools Allocation (b) 19,201,535 x % 92,167 (d) 13

14 Charter schools on the list of 300 lowest performing elementary schools should contact their school district sponsor to obtain additional funds. 5. Discretionary Millage Compression Allocation.748 Mills (UFTE share) (b) 7,571,706 x % 36, Digital Classrooms Allocation (UFTE share) (b)(e) 1,637,282 x % 7, Safe Schools Allocation (UFTE share) (b) 1,607,625 x % 7, Instructional Materials Allocation (UFTE share) (b) 5,593,188 x % 26,847 Dual Enrollment Instructional Materials Allocation (f) ESE Applications Allocation: Charter schools should contact their school district sponsor regarding eligibility and distribution of ESE Applications funds. 9. Declining Enrollment (WFTE share) 10. Sparsity Supplement (WFTE share) 11. Reading Allocation (WFTE share) 12. Discretionary Local Effort (WFTE share) 13. Proration to Funds Available (WFTE share) 14. Discretionary Lottery (WFTE share) 15. Class Size Reduction Funds: Weighted FTE (not including AddOn) X DCD X Allocation factors (c) 0 x % (c) 0 x % (c) 3,269,816 x % 15,381 (c) 25,760,174 x % 121,176 (c) (195,560) x % 920 (c) 1,237,784 x % 5,823 PK , = 288, = 126, = 11,800 * Class Size Reduction Funds 426,849 (* FTE should equal total in Section 1, column (4) and should not include any additional FTE from Section 1.) 16. Student Transportation (g) Enter All Adjusted Fundable Riders 139 Enter All Adjusted ESE Riders x ,986 x 1, Federally Connected Student Supplement Impact Aid Student Type Civilians on Federal Lands 0.00 Students with Disabilities (h) Number of Students Exempt Property Allocation Military and Indian Lands 0.00 Impact Aide Student Allocation Additional Allocation (WFTE Share) 19. Florida Teachers Classroom Supply Assistance Program 20. Food Service Allocation (i) 20,461 x % 96 (j) (k) 2,384, Funding for the purpose of calculating the administrative fee for ESE charter schools. If you have more than a 75% ESE student population, please place a 1 in the following box: (l) NOTES: (a) Additional FTE includes FTE earned through Advanced Placement, International Baccalaureate, Advanced International Certificate of Education, Industry Certified Career Education (CAPE), Early High School Graduation and the small district ESE Supplement, pursuant to s (1)(lp), F.S. (b) District allocations multiplied by percentage from item 3A. (c) District allocations multiplied by percentage from item 3B. (d) Additional funds are provided within the Supplemental Academic Instruction Allocation to support an additional hour of reading instruction in the 300 lowest performing elementary schools pursuant to s (1)(f),F.S. Charter schools that are on the list of 300 lowest performing elementary schools ould consult their district sponsor to obtain these additional funds. (e) The Digital Classroom Allocation is provided pursuant to s (12), F.S., and requires that charter schools submit a digital classrooms plan to their school district for approval by the Department of Education prior to distribution of funds. 14

15 (f) School districts are required to pay for instructional materials used for the instruction of public high school students who are earning credit toward high school graduation under the dual enrollment program as provided in s (1)(i), F.S. (g) Numbers entered here will be multiplied by the district level transportation funding per rider. "All Adjusted Fundable Riders" should include both basic and ESE Riders. "All Adjusted ESE Riders" should include only ESE Riders. (h) The Federally Connected Student Supplement provides additional funding for students on federal lands that receive Section 8003 impact aide pursuant to s (13), F.S. (i) An additional allocation of 787,194, due to a change in administered funds, is included in the FEFP Calculation. (j) Teacher Classroom Supply Assistance Program allocation pursuant to s , F.S., for certified teachers employed by a public school district or public charter school before September 1 of each year whose fulltime or jobshare responsibility is the classroom instruction of students in prekindergarten through grade 12, including fulltime media specialists and certified school counselors serving students in prekindergarten through grade 12, who are funded through the FEFP. (k) Funding based on student eligibility and meals provided, if participating in the National School Lunch Program. (l) Consistent with s (20)(a), F.S., for charter schools with a population of 75% or more ESE students, the administrative fee shall be calculated based on unweighted fulltime equivalent students. Administrative fees: Administrative fees charged by the school district pursuant to s (20)(a), F.S., shall be calculated based upon 5% of available funds from the FEFP and categorical funding for which charter students may be eligible. For charter schools with a population of 251 or more students the difference in the fee calculation and the fee withheld may only be used for capital outlay purposes specified in s (3), F.S. To calculate the administrative fee to be withheld for schools with more than 250 students, divide the school population into 250. Multiply that fraction times the funds available, then times 5%. For high performing charter schools, administrative fees charged by the school district shall be calculated based upon 2% of available funds from the FEFP and categorical funding for which charter students may be eligible. For charter schools with a population of 251 or more students the difference in the fee calculation and the fee withheld may only be used for capital outlay purposes specified in s (3), F.S. To calculate the administrative fee to be withheld for schools with more than 250 students, divide the school population into 250. Multiply that fraction times the funds available, then times 2%. Other: 15

16 School District: FEFP State and Local Funding Revenue Estimate Worksheet for Orion Preparatory Academy Based on the FEFP Fourth Calculation Brevard Base Student Allocation 4, District Cost Differential: Program Weighted FTE Base Funding Program Number of FTE Cost Factor (2) x (3) (WFTE x BSA x DCD) (1) (2) (3) (4) (5) 101 Basic K , Basic K3 with ESE Services , Basic , Basic 48 with ESE Services , Basic Basic 912 with ESE Services ESE Level 4 (Grade Level PK3 ) ESE Level 4 (Grade Level 48) ESE Level 4 (Grade Level 912) ESE Level 5 (Grade Level PK3 ) ESE Level 5 (Grade Level 48) ESE Level 5 (Grade Level 912) ESOL (Grade Level PK3) ESOL (Grade Level 48) , ESOL (Grade Level 912) , Career Education (Grades 912) s ,823,997 Letters in Parentheses Refer to Notes at Bottom of Worksheet: Number of FTE Additional FTE (a) Charter schools should contact their school district sponsor regarding eligible FTE. Please Advanced Placement International Baccalaureate Advanced International Certificate Industry Certified Career Education Early High School Graduation Small District ESE Supplement Additional FTE Funded Weighted FTE 2. ESE Guaranteed Allocation: FTE Base Funding Additional Base Funds Matrix Base Guarantee Funding Per 1,823,997 Grade Level Level Student Additional Funding from the ESE Guaranteed Allocation. Enter the FTE from 111,112 and 113 by grade and matrix level. Students who do not have a matrix level should be considered 251. This total should equal all FTE from programs 111, 112 and 113 above. FTE with ESE Services PK ,892 PK ,217 PK , ,117 27, , , , ,364 ESE Guarantee 54,817 UFTE share. Charter School UFTE: District's UFTE: 72, A. Divide school's Unweighted FTE (UFTE) total computed in Section 1, cell C27 above by the district's total UFTE to obtain school's = % 3B. Divide school's Weighted FTE (WFTE) total computed in Section 1, cell E37 above by the district's total WFTE to obtain school's WFTE share. Charter School WFTE: District's WFTE: 79, Supplemental Academic Instruction (UFTE share) 300 Lowest Performing Schools Allocation = % (b) 19,201,535 x % 109,641 (d) 16

17 Charter schools on the list of 300 lowest performing elementary schools should contact their school district sponsor to obtain additional funds. 5. Discretionary Millage Compression Allocation.748 Mills (UFTE share) (b) 7,571,706 x % 43, Digital Classrooms Allocation (UFTE share) (b)(e) 1,637,282 x % 9, Safe Schools Allocation (UFTE share) (b) 1,607,625 x % 9, Instructional Materials Allocation (UFTE share) (b) 5,593,188 x % 31,937 Dual Enrollment Instructional Materials Allocation (f) ESE Applications Allocation: Charter schools should contact their school district sponsor regarding eligibility and distribution of ESE Applications funds. 9. Declining Enrollment (WFTE share) 10. Sparsity Supplement (WFTE share) 11. Reading Allocation (WFTE share) 12. Discretionary Local Effort (WFTE share) 13. Proration to Funds Available (WFTE share) 14. Discretionary Lottery (WFTE share) 15. Class Size Reduction Funds: Weighted FTE (not including AddOn) X DCD X Allocation factors (c) 0 x % (c) 0 x % (c) 3,269,816 x % 18,138 (c) 25,760,174 x % 142,892 (c) (195,560) x % 1,085 (c) 1,237,784 x % 6,866 PK , = 288, = 181, = 17,163 * Class Size Reduction Funds 486,883 (* FTE should equal total in Section 1, column (4) and should not include any additional FTE from Section 1.) 16. Student Transportation Enter All Adjusted Fundable Riders 166 (g) x ,084 Enter All Adjusted ESE Riders x 1, Federally Connected Student Supplement Impact Aid Student Type Military and Indian Lands 0.00 Civilians on Federal Lands 0.00 Students with Disabilities (h) Number of Students Exempt Property Allocation Impact Aide Student Additional Allocation (WFTE Share) 19. Florida Teachers Classroom Supply Assistance Program 20. Food Service Allocation (i) 20,461 x % 113 (j) (k) 2,798, Funding for the purpose of calculating the administrative fee for ESE charter schools. If you have more than a 75% ESE student population, please place a 1 in the following box: (l) NOTES: (a) Additional FTE includes FTE earned through Advanced Placement, International Baccalaureate, Advanced International Certificate of Education, Industry Certified Career Education (CAPE), Early High School Graduation and the small district ESE Supplement, pursuant to s (1)(lp), F.S. (b) District allocations multiplied by percentage from item 3A. (c) District allocations multiplied by percentage from item 3B. (d) Additional funds are provided within the Supplemental Academic Instruction Allocation to support an additional hour of reading instruction in the 300 lowest performing elementary schools pursuant to s (1)(f),F.S. Charter schools that are on the list of 300 lowest performing elementary schools ould consult their district sponsor to obtain these additional funds. (e) The Digital Classroom Allocation is provided pursuant to s (12), F.S., and requires that charter schools submit a digital classrooms plan to their school district for approval by the Department of Education prior to distribution of funds. (f) School districts are required to pay for instructional materials used for the instruction of public high school students who are earning credit toward high school graduation under the dual enrollment program as provided in s (1)(i), F.S. 17