1. HOLLIDAYSBURG AREA SCHOOL DISTRICT
BUDGET INFORMATION SESSIONS

2. EXPENSE FOCUS PAYROLL

3. PAYROLL BUDGET DEVELOPMENT
Salaries ~ Department Chairs ~Schedule C & D ~ Coaches
Calculated by employee utilizing board approved contracts and agreements
Substitutes ~ Overtime ~ Game Workers ~ Extra Days
Calculated based on prior year’s history while factoring known deviations for upcoming budget year
Early Retirement & Medical Opt Out Incentives
Calculated per employee electing incentive utilizing board approved contracts

5. Early Retirement Incentives Schedule C & D Medical Opt-Out Payments
Other Includes:
Teacher Extra Pay
Department Chairs
Early Retirement Incentives
Schedule C & D
Medical Opt-Out Payments
Teachers
$14,114,650
Subs & OT
$341,895
Admin
$1,595,939
Custodial
$1,467,008
Secretaries/Paras
$1,977,729
Coaches/Game-workers
$339,712
Other
$438,454
Total
$20,275,387

8. EXPENSE FOCUS BENEFITS

9. BENEFITS BUDGET DEVELOPMENT
Developed by utilizing board approved contracts and agreements.
Benefit providers (Highmark, PSBA, etc.) calculate premium increases/decreases.
Utilizing the budget year premium calculations, benefit costs are developed for each employee based on employee current coverage levels.
Individual employee benefit budget costs are combined into appropriate account numbers creating the benefits budget.

10. MEDICAL INSURANCE COSTS
BENEFIT
BUDGET
CODE (Object)
PROJECTED
BUDGET
% OF
TOTAL BENEFITS
MEDICAL INSURANCE COSTS
MEDICAL PREMIUMS
211
$4,772,078
HEALTH SAVINGS ACCOUNT(Active & Retirees)
290
$335,054
RETIREES HEALTHCARE
$276,611
Total Medical Insurance Costs
$5,383,743
46.760%
DENTAL INSURANCE
212
$86,375
.750%
LIFE INSURANCE
213
$40,197
.349%
INCOME PROTECTION INSURANCE
214
$39,376
.342%
VISION INSURANCE
215
$11,704
.102%
SOCIAL SECURITY (Reimbursed ½ by State)
220
$1,537,509
13.354%
RETIREMENT (Reimbursed ½ by State)
230
$4,122,457
35.805%
WORKERS COMPENSATION
260
$112,253
.975%
TRAVEL ACCIDENT INSURANCE
219
$323
.003%
TUITION REIMBURSEMENT
240
$132,000
1.146%
UNEMPLOYMENT INSURANCE
250
$10,000
.087%
WELLNESS
$7,575
.066%
TAX SHELTERED ANNUITY
$30,009
.261%
TOTAL
$11,513,521
100%