One of the most important career paths many can take is a job that helps mold and raise the next generation. St. Tammany Parish public school district sees the importance of its employees and is proposing an increase by $2.8 million in salaries for the 2018-2019 school year.
The $235 million that will total the salaries in the district is part of a proposed $416.6 million budget that St. Tammany Parish School Board has agreed to and developed alongside the St. Tammany Federation of Teachers and School Employees.
The district will also use the allotted monies for special revenue funds, capital project funds and debt service funds. Typically, the School Board accepts a spending plan in September, but this proposed budget is set for the school district’s fiscal year that began July 1, 2018 and will end July 31, 2019.
The money projected for the budget will be granted by the state through the Minimum Foundation Program, State funding, and local funding. There will be a projected $890,000 increase in the Minimum Foundation Program, with $212.3 million from state funding and local funding will represent $203.8 million of the budget.
This is a reasonable proposal for the St. Tammany Parish Schools. The district runs 55 schools with more than 5,600 employees and 39,000 students. According to Superintendent Trey Folse and Director of Business Affairs Terri Prevost, the budget will not affect local sales or property tax revenues.
To learn more information or for any questions you might have about the proposed budget, the School Board has scheduled a public hearing Thursday August 23, 2018 at 6pm. The hearing will be held at the School Board’s office located at 321 N. Theard St., Covington.
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