Tupelo schools adopt budget calling for raises without tax increase
Published: August 14,2014
TUPELO — The Tupelo School Board has adopted a budget that includes a 2 percent cost-of-living pay raise for all non-teaching staff, including principals, assistant principals, secretaries, custodians, bus drivers and maintenance workers.
Teachers are already scheduled to get a raise approved by state legislators, and the school board previously approved one for assistant teachers.
The district’s average teacher salary is of $46,612.
The Northeast Mississippi Daily Journal reports that the $97.8 million Tupelo education budget will not require a tax increase. The fiscal year starts Oct. 1.
The spending plan includes $1.4 million for a one-to-one computer initiative.
Funding includes $33.3 million from local sources, $32.9 million from the state, $8.97 million from federal sources and $10.1 million from other sources.
Finance director Linda Pannell says state funding shortfalls might cause the Tupelo district to spend some of its fund balance, which is about $27 million. However, she said the district typically spends less than it sets aside in annual budgets.
The largest expenditure is $43.2 million on instruction. Other spending sources include $10.18 million on operation, $5.35 million on facilities/construction services and $5 million on debt service.
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