🚀 go-pugleaf

In article <1993Jan24.193858.17247@rpp386>, jfh@rpp386 (John F. Haugh II) writes:
> 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
John, can you supply your math here!  We came up with 9 students &
and 3 students, Respectively.  (this is total?)
> 	supplies, $50 per student, per class, per		 27,000
> 	  year (6 classes)
Howw are you going to get 6 classes into 3 rooms?
Where will you find the teachers who can adequately teach
six seperate subjects?
> 	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
You really expect a small employer to supply *any* of the above 
benefits?  (See previous post!)  Don't forget plan administration costs!
> 	tax accountant						  1,000
Well you added account, now add the taxes.  (BTW: can you tell me where
to find one for this price?  For year round consulting?
> 	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
Grant from the FEDS?  I thought this was a *private* school?
> 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.
> -- 

You did an okay job here, but I would argue with some of your base assumptions,
but it's getting late.  Re-check your math (Provide it please), add some
more real-world expenses, etc., and you might have a workable budget here.
Then you could publish it or use it for your disertation and get out of
here and go back up North. ;-) :-)

Jeff Janner        |   janner@cactus.org