Community Education Programs Include Magic Dragon – Preschool and Child Care Extended Day – Before and after school care for students in grades K - 5 Before and After Dark –Year round community program offering educational resources to school aged students and adults Driver’s Education – Driver’s Education program offered in accordance with Registry of Motor Vehicle regulations
Community Education – Magic Dragon Students • 115 Children aged 8 weeks – 5 years in seven classrooms • Program includes students of 15 Duxbury Public School Employees • Program also includes students of 5 Magic Dragon Employees Staff • 27 Employees • 1 Director • 1 Assistant to Director • 4 Mentor Teachers • 12 Teachers • 8 Teaching Assistants • 1 Substitute • Projected Monthly Tuition Revenue for 2019 – 2020 School Year (10 months): $131,506.40 • Estimated Monthly Expense for 2019 – 2020 (10 months): $122,864.30 Outstanding salary expense for FY’20: $291,421
Community Education – Extended Day Students 150 Students enrolled in Kindergarten – grade 5 Extended Day Program Staff • 13 Employees • 2 Directors • 1 Assistant to Director • 3 Mentor Teachers • 5Teachers • 2Teaching Assistants • Multiple Hourly Duxbury Public School Employees • Projected Monthly Tuition Revenue for 2019 -2020 School Year (10 Months): $56,491 • Estimated Monthly Expense for 2019 – 2020 School Year (10 Months): $54,893. Outstanding salary expense for FY’20: $150,729
Magic Dragon Beginning Balance as of 7/1/19 $185,266.33 Revenue Received $844,822.98 Expenses Incurred ($752,692.81) Pending Expenses ($23,877.80) Pending Deposits $40,631.00 Available Balance as of 3/31/20 $294,149.70 Outstanding Salary Expense ($80,199.00) Outstanding Benefit Expense ($160,091.00) Tuition Reimbursement ($125,401.00) Ending Balance ($71,541.30) • Beginning balance: Includes tuition deposit for June 2020 • Revenue Received: Tuition payments through March 2020 • Expenses Incurred: Includes salary, instructional materials, food, professional development for staff • Expenses Outstanding: Commitment to pay for playground improvements, instructional materials for remainder of year. General expense items only – does not include outstanding salary • Outstanding Salary Expense: Payment of staff through April 3, 2020 • Outstanding Benefit Expense: Town portion of health insurance cost for FY’20 • Tuition Reimbursement: A portion of the beginning balance is a deposit paid last year that reflects payment for this June’s tuition
Extended Day Beginning Balance as of 7/1/19 $106,143.76 Revenue Received $415,474.56 Expenses Incurred ($371,322.81) Pending Expenses ($12,503.29) Pending Deposits $25,001.00 Available Balance as of 3/31/20 $162,793.22 Outstanding Salary Expense ($33,434.00) Outstanding Benefit Expense ($31,994.00) Tuition Reimbursement ($44,295.00) Ending Balance $53,070.22 • Beginning balance: Includes tuition deposit for June 2020 • Revenue Received: Tuition payments through March 2020 • Expenses Incurred: Includes salary, instructional materials, food, professional development for staff • Expenses Outstanding: Commitment to pay for playground improvements, instructional materials for remainder of year. General expense items only – does not include outstanding salary • Outstanding Salary Expense: Payment of staff through April 3, 2020 • Outstanding Benefit Expense: Town portion of health insurance cost for FY’20 • Tuition Reimbursement: A portion of the beginning balance is a deposit paid last year that reflects payment for this June’s tuition
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