Schools
A Look at the School Budget, Over the Years: Employee Benefits
Riverhead Patch has compiled school budget numbers over the past five years, in comparison to this year's proposed budget.
With school budget season upon us - the board of education is planning on voting on its budget for the 2011-2012 school year at its - Riverhead Patch will be posting line items from the past five adopted budgets, in addition to the proposed budget, for the public to see where anticipated spending rose, fell and stayed the same over the years. Keep in mind: the posted numbers are adopted budgets, not expenditures, meaning that the amount budgeted for the school year may not have been the final amount spent. (One example of this would be the amount budgeted for teachers' retirement in 2009-2010. While $4.3 million was budgeted, the school district spent $2.7 million here that year.)
Find out what's happening in Riverheadwith free, real-time updates from Patch.
Employee Benefit Budget, 2006-2007 through (proposed) 2011-2012. Numbers are dollar amounts.
Line item Description '06-'07 '07-'08 '08-'09 '09-'10 '10-'11 Tentative '11-'12 9010 Employees' retirement 1,726,673 1,636,265 1,725,039 1,700,000 1,742,500 2,508,759 9020 Teachers' retirement 3,616,601 3,824,069 4,232,394 4,359,366 4,468,351 5,044,009 9030 Social security 4,218,997 4,147,178 4,232,394 4,359,366 4,468,351 4,513,929 9040 Workers' compensation 333,834 515,118 522,802 667,971 868,192 968,192 9045 Life insurance 100,000 100,000 100,000 100,000 275,000 196,803 9050 Unemployment insurance 100,000 100,000 100,000 100,000 275,000 375,000 9060 Hospital, medical, dental insurance 9,434,131 9,632,365 9,595,741 10,495,549 10,939,478 11,355,982Find out what's happening in Riverheadwith free, real-time updates from Patch.
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