Education is sitting in a good situation. The cost of professional develoment has dropped to just over $500,000 per point.
Teachers cost more ($52,500 elem. and $54,600 high school) and we're expecting a 5% rise (combined inflation and pay hike)
Here's a lot of thinking...
How to calculate that 5% increase...
277 teachers x 49000 x 0.05 = $678,650
just for the elementary school, right?
252 x 51000 x 0.05 = $642,600
I didn't touch this box. we left it at 1%, so the university quality didn't go up. I suggest we put in 1% for both, that will be about $380,000 for each point. ouch.
380,000 1% university in two places >>> actual number is $388,169 = 1%
about 2,081,000 ouch!
that's before we increase the professional development of 539,080 or so...
We have to assume that the 5% is going to cost EDUCATION about $1.3 million.
So we need that much in the account at the end of the session.
The rest can be returned.
I think you can lower the percent that you have to allocate in city council
Since the budget in city council is around $80 million, one person is $800,000
So you can reduce education by 2% in city council... and still be ahead ... remember, hold $1.3 million to cover the pay increases that are coming.
WHAT DOES EACH UNIT COST?
I did the "change one unit" and got the following numbers
one new elementary teacher = 52,500
one new high school teacher = 54, 600
increase in profes development = 539,080 cheaper than last session
quality of school 180,000 <<<< this is cheaper than last session. It was $270,000 before. wow!
maybe we should up the level twice? while it is cheap?
or will it be cheaper next session?
infrastructure improvement to level 7 of elementary school >>> one point = $5000 ha! that's an easy call.
Add a few teachers (to improve our student teacher ratio...)
277 to 285 maybe that will be 8 x 52,000 = $416,000
252 to 260 maybe that will be another $450,000
I chose 8 teachers because that's 3% growth.
ABOUT THE CHOICES AT CITY COUNCIL...
OPTION 3 will "stress city services"
we don't have the money to stress social services, right?
I'd rather put $300,000 into improving the quality of the schools one level.... and have money left for Option 2 $200,000
1. Invest in upgrades (possibly up to 7 since we are flush)
2. possibly raise two categories from 1% to 3% for higher education.
3. Propose that we support option 2 as the middle category
Ask city council to sell 50% of the land (we have to get rid of all of the land before the end of the cycle... why not sell while the city is expanding?)
4. hire perhaps 8 more teachers in elem and 8 in high school.