🚀 go-pugleaf

In article <C1C2nD.wGJ@austin.ibm.com> me@vikings.austin.ibm.com (Michael E) writes:
>John's homework assignment: Create a budget for a private school based on 
>whatever aforementioned conditions. 

John's School Budget -

Expenses
	3 rooms @ $500 per month, $1,500 per month		 18,000
	  12 months per year
	textbooks, 5 year lifetime, 10 per student,		  5,400
	  average cost of $30
	desks, chairs, etc., $200 per student, 10		  1,800
	  year lifetime
	supplies, $50 per student, per class, per		 27,000
	  year (6 classes)
	salaries, 3 teachers @ $35K/yr				105,000
	employer paid taxes					  8,032
	benefits
		health insurance @ $300/mon			 10,800
		disability @ $50/mon				  1,800
		retirement @ $100/mon				  3,600
	tax accountant						  1,000
	total							182,432

Revenues
	90 students @ $2,000 per student			180,000


This would be a 3 room school, with three teachers each having 30 students
paying $2,000 per year tuition.  These numbers are all pretty supportable
using current office space costs, benefits expenses, and are competitive
with current teacher salaries.  We'd have to appoint a blue-ribbon board
to find that $2,432 per year, but with a million dollar grant from the
federal government, I think we could find it.  Or we might just take an
extra 4 or 5 students or raise tuition an extra 20 or 30 dollars.  Or
maybe we even cut the supplies down to something less extravagent.

But at any rate, I think I've proven that it is rather doable.
-- 
John F. Haugh II                  [ PGP 2.1 ] !'s: ...!cs.utexas.edu!rpp386!jfh
Ma Bell: (512) 251-2151           [ DoF #17 ]        @'s: jfh@rpp386.cactus.org

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