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City Tax would be levied on $15 million AC School Payroll

Tax will mean $150,000, deducted from paychecks of all faculty and staff in the District. (In effect, it means a give back of one-half the small two percent pay increase allowed the teachers in their first pay increase in 7 years - EW)
Comments from other employers - pro or con - welcome, whether you see the tax as beneficial or are against it. -EW

Response from Superintendent Alan W. Reed

I want to answer Dr. Arnold's question regarding the percentage of our district's budget that is expended to salaries (Ben Arnold: How much of schools' $30 million budget is Payroll):
Out of a total budget of $28,352,589.29, salaries are a little under $15,000,000, or around half the budget.

This amount reflects the $600,000 in salary cuts after our consolidation efforts and personnel cuts last year This amount is likely below state average for percentage of total budget going to salaries. I will attempt to get the state average for you today.

According to our calculations, the City of Columbia, with the new 1% payroll tax, will receive about $150,000 in additional revenues for our salaries alone. I cannot answer for Lindsey Wilson College, but both CM and Dr Arnold are correct in that education is likely the biggest economic sector in the county.
Alan W. Reed, Superintendent
Adair County Schools, 1204 Greensburg Street, Columbia, KY 42728




This story was posted on 2014-11-03 08:30:22
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