The board of Lycée Français de la Nouvelle-Orléans will meet Tuesday, June 24, at 6:30 p.m. to vote on a $5.3 million budget for the 2014-15 school year.
Salaries, the largest expense for most charter schools, are budgeted at about $2.6 million, up nearly $600,000 from last year. The increase reflects the addition of eight full-time staff members and added hours offered to two part-time employees, finance director Karianne Heins said. Moreover, the budget figure for the coming year includes part-time aftercare staff and substitute pay not included in this budget category last year.
Adding a fourth grade and increasing the size of the incoming kindergarten class has raised the school’s projected enrollment to 477. Last year’s budget called for a student count of 301 and may not have included pre-K students because they are not covered by the per-pupil revenue allocation under the state’s Minimum Foundation Program, according to Heins.
In total, the budget calls for $348,586 in additional revenue from “tuition, aftercare, activity, & supply fee income” and another $140,000 — 2.7 percent of the budget — in donations. Government revenues cover the rest of anticipated expenditures.
The school has added 20 free pre-K seats for low-income or “at-risk” students. They were filled during the first round of OneApp, and there is now a waiting list.*
The school did not fill every kindergarten seat in the first and second rounds of OneApp, however. That means seats are still available during open enrollment, which starts July 9, said Joanna Sese, coordinator of admissions and enrollment.
Money reserved for property services has risen from $447,860 last year to about $700,000, reflecting added classroom space at St. Paul’s United Church of Christ, down the block from the school’s Resto! campus, at the Ogden Museum and in the French Quarter.
In addition to rent, the satellite spaces add to costs for custodial services, insurance, maintenance and repair, Heins said.
*Correction: The original version of this story incorrectly stated that the school’s pre-K seats hadn’t been filled. They were filled during the first round of OneApp. (June 26, 2014)