Triton Annual Financial Report Summary

July 16, 2020 at 10:52 a.m.

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Summary of the Annual Financial Report for Calendar Year 2019        Corp #: 5495     Corp Name: Triton School Corp        

The Annual Financial Report in its entirety can be viewed on the school corporation website at: www.triton.k12.in.us    

Receipts and Expenditure Comparisons

Calendar Year 2019                

Fund Name    Budget     Actual    Budget    Actual

    Receipts    Receipts    Expenditures    Expenditures

Education Fund     5,765,000      6,168,058      6,083,803      5,847,469

Debt Service Fund     916,385      943,377      969,496      913,539

Operations Fund     2,633,172      2,625,265      2,985,724      2,741,958

Grand Total     9,314,557      9,736,700      10,039,023      9,502,967

Minimum Teacher Salary Range:     37,000             

Maximum Teacher Salary Range:     67,000             

High School Extracurricular Salaries:                

Position        Amount            

     Head Baseball         3,600             

     Head Basketball - boy         8,100             

     Head Basketball - girl         8,100             

     Head Football         8,100             

     Cross Country         2,500             

     Golf - boy         2,400             

     Golf - girl         2,400             

     Head Baseball         3,600             

     Head Softball         3,600             

     Tennis - boy         2,500             

     Tennis - girl         2,500

     Head Track         3,300

     Head Volleyball         4,200

     Head Wrestling         3,550

     Head Cheerleading         1,576

     Vocal Music         1,435

     Head Band         2,255

Non-certified Employee Classifications    

and Range of Pay Rates 2019-2020    

Classifications            Range of Pay Rates

I.  Instructional and Supplementary Pupil Services    

  A.  Library Assistants            14.54 - 18.15 hourly

  B.  Instructional Assistants            10.64-13.85 hourly

II.  Cafeteria and Food Services    

  A.  Managers/Head Cooks            12.95-16.31 hourly

  B.  All Other Food Service Employees        10.64-13.85 hourly

III.  Health Services    

  A.  Nurse            24.52-29.06 hourly

  B.  Social Worker                                                                  48,750

IV.  Office/Clerical/Secretarial        13.07-17.61 hourly

 V.  Executive/Administrative/Accounting    

   A.  Business & Finance Director                                        75,000

VI.  Maintenance/Custodial/Transportation    

  A.  Maintenance Director                                                   56,650

  B.  Maintenance Worker            16.81-20.67 hourly

  C.  Building Custodians            12.48-15.84 hourly

  D.  Mechanic            20.86-25.08 hourly

  E.  Transportation Director                                                   49,650

 F.  Bus Drivers            68.68-107.06 daily

VII.   Computer Services    

  A.  Technology Coordinator                                                   63,466

  B.  Computer Technicians               14.66-40,047 hourly/annual        Certified Administrative Staff            

in effect June 30, 2020            

    Lowest Salary    Highest Salary    Average Salary

Administrative Staff     63,300      106,650      82,531

Student Enrollment - 10/01/19            

Grade Level    Enrollment        

Pre-Kindergarten Ages 3 - 5 (PK)    18        

Kindergarten        71        

Grade 1        76        

Grade 2        69        

Grade 3        77        

Grade 4        72        

Grade 5        61            

Grade 6        83            

Grade 7        75            

Grade 8        72            

Grade 9        71            

Grade 10        67            

Grade 11        63            

Grade 12        48            

TOTAL        923            

Assessed Valuation and Tax Rates                

Calendar Years 2019 and 2020                

        2019    2020        

Assessed Valuation         272,532,544      288,458,672         

Tax Rate - Debt Service Fund        0.3091    0.2967        

Tax Rate - Operations Fund        0.5728    0.5601            

Statement of Indebtedness                

Calendar Year 2019                

    Indebtedness    Principal Outstanding            

School Bonds             1,105,000         Holding Company - Public and Private         7,500,000         QSCB Bond             975,000         TOTAL             9,580,000         Outstanding Encumbrances - All Funds                

(Include purchase orders, vendor contracts,     417,403.88         letters of commitment, leases)

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Summary of the Annual Financial Report for Calendar Year 2019        Corp #: 5495     Corp Name: Triton School Corp        

The Annual Financial Report in its entirety can be viewed on the school corporation website at: www.triton.k12.in.us    

Receipts and Expenditure Comparisons

Calendar Year 2019                

Fund Name    Budget     Actual    Budget    Actual

    Receipts    Receipts    Expenditures    Expenditures

Education Fund     5,765,000      6,168,058      6,083,803      5,847,469

Debt Service Fund     916,385      943,377      969,496      913,539

Operations Fund     2,633,172      2,625,265      2,985,724      2,741,958

Grand Total     9,314,557      9,736,700      10,039,023      9,502,967

Minimum Teacher Salary Range:     37,000             

Maximum Teacher Salary Range:     67,000             

High School Extracurricular Salaries:                

Position        Amount            

     Head Baseball         3,600             

     Head Basketball - boy         8,100             

     Head Basketball - girl         8,100             

     Head Football         8,100             

     Cross Country         2,500             

     Golf - boy         2,400             

     Golf - girl         2,400             

     Head Baseball         3,600             

     Head Softball         3,600             

     Tennis - boy         2,500             

     Tennis - girl         2,500

     Head Track         3,300

     Head Volleyball         4,200

     Head Wrestling         3,550

     Head Cheerleading         1,576

     Vocal Music         1,435

     Head Band         2,255

Non-certified Employee Classifications    

and Range of Pay Rates 2019-2020    

Classifications            Range of Pay Rates

I.  Instructional and Supplementary Pupil Services    

  A.  Library Assistants            14.54 - 18.15 hourly

  B.  Instructional Assistants            10.64-13.85 hourly

II.  Cafeteria and Food Services    

  A.  Managers/Head Cooks            12.95-16.31 hourly

  B.  All Other Food Service Employees        10.64-13.85 hourly

III.  Health Services    

  A.  Nurse            24.52-29.06 hourly

  B.  Social Worker                                                                  48,750

IV.  Office/Clerical/Secretarial        13.07-17.61 hourly

 V.  Executive/Administrative/Accounting    

   A.  Business & Finance Director                                        75,000

VI.  Maintenance/Custodial/Transportation    

  A.  Maintenance Director                                                   56,650

  B.  Maintenance Worker            16.81-20.67 hourly

  C.  Building Custodians            12.48-15.84 hourly

  D.  Mechanic            20.86-25.08 hourly

  E.  Transportation Director                                                   49,650

 F.  Bus Drivers            68.68-107.06 daily

VII.   Computer Services    

  A.  Technology Coordinator                                                   63,466

  B.  Computer Technicians               14.66-40,047 hourly/annual        Certified Administrative Staff            

in effect June 30, 2020            

    Lowest Salary    Highest Salary    Average Salary

Administrative Staff     63,300      106,650      82,531

Student Enrollment - 10/01/19            

Grade Level    Enrollment        

Pre-Kindergarten Ages 3 - 5 (PK)    18        

Kindergarten        71        

Grade 1        76        

Grade 2        69        

Grade 3        77        

Grade 4        72        

Grade 5        61            

Grade 6        83            

Grade 7        75            

Grade 8        72            

Grade 9        71            

Grade 10        67            

Grade 11        63            

Grade 12        48            

TOTAL        923            

Assessed Valuation and Tax Rates                

Calendar Years 2019 and 2020                

        2019    2020        

Assessed Valuation         272,532,544      288,458,672         

Tax Rate - Debt Service Fund        0.3091    0.2967        

Tax Rate - Operations Fund        0.5728    0.5601            

Statement of Indebtedness                

Calendar Year 2019                

    Indebtedness    Principal Outstanding            

School Bonds             1,105,000         Holding Company - Public and Private         7,500,000         QSCB Bond             975,000         TOTAL             9,580,000         Outstanding Encumbrances - All Funds                

(Include purchase orders, vendor contracts,     417,403.88         letters of commitment, leases)

8-3 hspaxlp                









   

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