Budget Submitted on March 15th

The Esperanza School understands that as an Innovation School, the district intends for the school to be cost-neutral. The proposed use of budget autonomies is necessary to achieve the school’s mission, so that the leadership can make real-time decisions on critical matters that directly affect teaching and learning for its students. Esperanza School will seek budgetary autonomy and flexibility over its resources in order to fully implement the proposed dual language immersion mission and maximize services and support for its students. While the Esperanza School will receive a lump sum per pupil budget for FY 2014, the school looks forward to working with the District toward increased budget autonomy that examines central discretionary costs to best meet the needs of students.

The Esperanza School expects a large portion of its budget will be allocated for staffing. One area of autonomy requested is to budget staff based on actual salaries rather than average salaries. As the amount for actual salaries will not be known until staff is hired, the budget being submitted for the purposes of this plan is based on average salaries. The team was instructed by the Business Manager to use the same $4174.79 per pupil amount to calculate the budget for years 1, 2 and 3. It is understood that there will be increases in salaries due to contractual agreements as well as increases in per pupil allotment once the District has a clearer understanding of its fiscal expenditures.

In year 1, Esperanza School will focus most of its per pupil expenditure on staff salaries. It will seek external funding through Innovation School Implementation grants awarded by the Executive Office of Education and the Massachusetts Department of Elementary and Secondary Education for instructional supplies, language proficiency assessments and professional development. Also, as enrollment increases, the school will gain greater budget flexibility to build in these costs into district fund expenditures.

Esperanza School of Language and Culture Budget for Salaries

FY ’14, FY’15, FY ‘16

Line Items	Total Salaries for FY ‘14	Total Salaries for FY ‘15	Total Salaries for FY ‘16
Total Per Pupil Revenue	$663,921.24 (per pupil + Title 1)	$885,672.32 (per pupil + Title 1)	$1,073,026.28 (per pupil + Title 1)
Principal	80,000	80,000	80,000
Classroom Teachers	360,000	480,000	600,000
English Language Development Teacher/ Literacy Coach (FTE .7 -Year 1 )	42,000	60,000	60,000
Special Education Teacher	55,000	55,000	55,000
Paraprofessionals (1 per grade)	75,000	100,000	125,000
Clerk	33,000	33,000	33,000
Specialists (art, music, phys.ed)	18,000 FTE .5 (1/2 of FTE .4 provided by district and 1/2 of FTE .4 plus FTE .1 provided by Esperanza)	23,700 FTE .63 (1/2 of FTE .47 provided by district and 1/2 of FTE .47 plus FTE .16 provided by Esperanza)	29,700 FTE .79 (1/2 of FTE .59 provided by district and 1/2 of FTE .59 plus FTE .2 provided by Esperanza)
Total Amount Allocated	$663,000.00	$831,700.00	$982,700.00

Breakdown of Per Pupil Expenditure and Estimated Title 1 Funds

Year 1:
156 students x $4174.79 = $651,267.24
114 students (75%) x $111 = $12,654 (Title 1)
Total: $663,921.24
6 teachers

Year 2:
208 students x $4174.79= $868,356.32
156 students (75%) x $111 = $17,316 (Title 1)
Total: $885,672.32
8 teachers

Year 3:
252 students x $4174.79= $1,052,047.08
189 students (75%) x $111 = $20,979 (Title 1)
Total: $1,073,026.28
10 teachers