Drew Charter school 2016-2017 budget
DREW CHARTER SCHOOL 2017-2018 BUDGET
April 24, 2017
Important Budget Dates Date April 17th April 24th April 27th
Task First public budget hearing (8:30 am) Second public budget hearing (6:00 pm) EA Media Ctr Budget approved by the Board of Directors (6:00 pm)
Enrollment Projections 1200 1000
997 1034
800
2016-2017 Enrollment: 1,736 2017-2018 Enrollment: 1,868
600 377
400
410
362
424
200 0 Elementary Academy
Junior Academy 2016-2017
2017-2018
Senior Academy
REVENUE SOURCES Source
2017-2018 Budget
2016-2017 Budget
$22,287,454
$21,686,745
Title IA
$427,413
$443,564
Rotary Literacy Center
$50,000
$50,000
Goizueta Foundation
$80,934
$97,733
Move on When Ready
$34,080
--
Cox Pre-K
$500,000
$500,000
Bright From the Start Pre-K
$384,949
$310,000
ELF: Extended Services
$304,987
$306,981
ELF: College and Career Readiness
$345,844
$200,456
GOSA Innovation Fund
$150,000
$350,000
--
$226,854
$1,046,169
$1,118,918
$797,924
$1,030,964
$26,409,754
$26,322,215
Base Revenue (K-12)
FFE/Tech Hardware Grant Private Funding Gates Foundation Total Revenue
Revenue Assumptions: $12,700 per student from Atlanta Public Schools Projected enrollment of 1,780 (K-12) Continued support from various foundations Continued educational partnerships
Base Title IA Pre-K Private Gates Other
Revenue Breakdown 4%
3%
4%
3% 2%
82 %
Expenses Breakdown Total Expenses 14%
Instructional 10%
Technology Facility
4%
Administrative 72%
Combined Educational Expenses (Instructional + Technology): 76.4% Personnel Expenses: 74.1% Non-Personnel Expenses: 25.9%
How Does Spending Affect Students? •
Drew students are able to participate in innovative enrichment programing in the arts and sciences that are not available in traditional public schools
•
Grants from the Governor’s Office of Student Achievement and the Goizueta Foundation give students opportunities to explore STEAM and Makerspaces in school
•
The College and Career Readiness Office provides targeted support to ensure all students graduate and are prepared for post-secondary options
•
Bright from the Start and the Cox Foundation support the high-quality Pre-K model
Investing in Our Teachers •
Generous professional development funding from the Gates Foundation and the Governor’s Office of Student Achievement allows teachers to attend trainings around the country to improve their craft
•
Teachers receive generous compensation and stipends for their hard work and dedication
•
Teachers have the opportunity to advance professionally and gain leadership roles within the school
Changes in 2017-2018 •
A Dean of Academics will be responsible for standards-based PBL across K-12
•
Additional instructional coaches to support teachers
•
A new Junior Academy College Counselor will help students plan their high school course load and keep them on track for college and career readiness
•
A grant assistant will help the Director of Strategic Partnerships to find, apply for, and manage grants
April 24, 2017
Important Budget Dates Date April 17th April 24th April 27th
Task First public budget hearing (8:30 am) Second public budget hearing (6:00 pm) EA Media Ctr Budget approved by the Board of Directors (6:00 pm)
Enrollment Projections 1200 1000
997 1034
800
2016-2017 Enrollment: 1,736 2017-2018 Enrollment: 1,868
600 377
400
410
362
424
200 0 Elementary Academy
Junior Academy 2016-2017
2017-2018
Senior Academy
REVENUE SOURCES Source
2017-2018 Budget
2016-2017 Budget
$22,287,454
$21,686,745
Title IA
$427,413
$443,564
Rotary Literacy Center
$50,000
$50,000
Goizueta Foundation
$80,934
$97,733
Move on When Ready
$34,080
--
Cox Pre-K
$500,000
$500,000
Bright From the Start Pre-K
$384,949
$310,000
ELF: Extended Services
$304,987
$306,981
ELF: College and Career Readiness
$345,844
$200,456
GOSA Innovation Fund
$150,000
$350,000
--
$226,854
$1,046,169
$1,118,918
$797,924
$1,030,964
$26,409,754
$26,322,215
Base Revenue (K-12)
FFE/Tech Hardware Grant Private Funding Gates Foundation Total Revenue
Revenue Assumptions: $12,700 per student from Atlanta Public Schools Projected enrollment of 1,780 (K-12) Continued support from various foundations Continued educational partnerships
Base Title IA Pre-K Private Gates Other
Revenue Breakdown 4%
3%
4%
3% 2%
82 %
Expenses Breakdown Total Expenses 14%
Instructional 10%
Technology Facility
4%
Administrative 72%
Combined Educational Expenses (Instructional + Technology): 76.4% Personnel Expenses: 74.1% Non-Personnel Expenses: 25.9%
How Does Spending Affect Students? •
Drew students are able to participate in innovative enrichment programing in the arts and sciences that are not available in traditional public schools
•
Grants from the Governor’s Office of Student Achievement and the Goizueta Foundation give students opportunities to explore STEAM and Makerspaces in school
•
The College and Career Readiness Office provides targeted support to ensure all students graduate and are prepared for post-secondary options
•
Bright from the Start and the Cox Foundation support the high-quality Pre-K model
Investing in Our Teachers •
Generous professional development funding from the Gates Foundation and the Governor’s Office of Student Achievement allows teachers to attend trainings around the country to improve their craft
•
Teachers receive generous compensation and stipends for their hard work and dedication
•
Teachers have the opportunity to advance professionally and gain leadership roles within the school
Changes in 2017-2018 •
A Dean of Academics will be responsible for standards-based PBL across K-12
•
Additional instructional coaches to support teachers
•
A new Junior Academy College Counselor will help students plan their high school course load and keep them on track for college and career readiness
•
A grant assistant will help the Director of Strategic Partnerships to find, apply for, and manage grants
