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INTEGRITY EDUCATIONAL CENTER

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K: FINANCIAL CAPACITY<br />

YEAR 1 2011-2012<br />

Table 2. Year 1 IEC Estimate Staffing Operating Cost<br />

Assumptions:<br />

Classroom Teachers 7 Vs $44,192<br />

Superintendent/Principal 1 $95,000<br />

Secretary (Classified) 1 $21,426<br />

Campus Mon tor (Classified ) 1 $21,426<br />

Consultant 1 $22,678<br />

Average Teacher Salary $44,192<br />

Health Insurance ( per employee) $ 3,000<br />

Dental Insurance 0<br />

Vision Insurance 0<br />

Social Security 6.20%<br />

Other Retirement (STRS/PERS) 8.25%<br />

Medicare 1.45%<br />

Workers Comp 5.053%<br />

Unemployment Insurance 1.33%<br />

Substitute Days 15<br />

Substitute Cost/Day $125.00<br />

70

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