Board of Education

Budget & Salary Compensation Transparency Report

The Annual Budget and Salary/Compensation Transparency Reporting legislation is an opportunity for the Holt Public School District to share, with the public, information on how resources are utilized.

 

The legislation represents an amendment to the State School Aid Act (Public Act 94 of 1979) and requires each Michigan school district and intermediate school district to post the following budgetary information on its website.

 


 

Fiscal Year 2014-15 Board-Approved Budgets

Holt Public School District's budget is adopted by a publicly elected local board of education no later than June 30 of each year.   This budget is posted on the website within 30 days of adoption.  Any subsequent budget amendments are also posted within 30 days.

 


 

Personnel Expenditures

Because schools are a service industry, the largest share of every school's expenditures is salaries and benefits.  Operational expenditures include but are not limited to instructional resources, fuel, maintenance, and technology.


2013-2014 Personnel Expenditures

 


 

Current Operating Expenditures



2013-2014 Current Operating Expenditures

 


 

Current Bargaining Agreements 

 



Employee Sponsored Health Care Plans


    • Benefits by Bargaining Agreement
    • MESSA Choices (Admin, Secretaries & Paraeducators)
    • MESSA Choices (Bus Drivers Only)
    • MESSA Choices (Teachers Only)
    • MESSA-ABC Plan I (Admin, Secretaries & Paraeducators)
    • Delta Dental (All Others)
    • Delta Dental (Bus Drivers & Custodians)
    • Vision Plan 2
    • Vision Plan 3
    • Teamsters Plan 1025 (Custodians)

• Administration


    • Life Insurance
    • LTD
    • Prescription Plan

• Bus Drivers


    • Full Time Life Insurance

• Custodians


    • Life Insurance
    • LTD

• Paraeducator


    • Life Insurance
    • LTD

• Secretary


    • Full Time LTD
    • Part Time LTD
    • Part Time Life Insurance
    • Life Insurance with Health
    • Life Insurance without Health

• Teacher


    • Full Time LTD
    • Part Time LTD
    • Life Insurance with Health
    • Life Insurance without Health
    

 


Audited Financial Statements

Each year, Holt Public School District is required to hire an independent auditor to complete a comprehensive audit which evaluates and reports on the financial condition of the district. The audit includes a thorough analysis of all business operations as well as a compliance reveiw for the requirements of the many programs we operate.


2013-2014 Financial Statement

 


Employee Compensation Information

This section will include compensation information for the superintendent and any employee whose salary exceeds $100,000 annually.  For purposes of this reporting, salary is defined as Medicare wages for the fiscal year.

2013 List of Qualifying Employees

 


District Paid Association Dues

Dues and fees paid with district funds are limited to professional associations and student associations.  Memebership in professional associations provide added opportunities, resources, continuing education, and professional development.  They also make it possible for our district to conduct business in more efficient ways.  Participation in student associations results in scholarship opportunities for students.  Employeees pay employment association (labor union) dues through payroll decutions.   These dues are not paid with district funds.


2013-2014 District Paid Association Dues

 


District Paid Lobbying Costs

• There were no district paid lobbying costs for 2013-14

 


 

Approved Deficit Elimination Plan

 

  • The district has not incurred a deficit

 


District Credit Card Information

 

 


District Paid Out-of-State Travel Information

 

  • There was no out-of-state travel paid by the district to report in 2013-2014

 


     Holt's Munetrix website

 


 

MI School Data Website:  www.mischooldata.org