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Easton budget for next year reflects slight revenue dip, following this year’s windfall

Expected revenue of $9.25 million for 2014-15 is 1.68 percent less than Warren Easton Charter High School is expecting to by the end of the fiscal year this year. But that’s mostly due to one-time infusions of per-pupil funding received after the 2013-14 budget was first drafted.

For the coming year, the school’s projected student count will increase by 10 students to a total enrollment of 930, with per-pupil funding steady at $8,938 per student, according to financial officer Michael Greer.

The school is expected to have received about $9.4 million by the end of this fiscal year on June 30, according to a 2013-14 budget revised to reflect the unanticipated windfall of per-pupil funding from local, state and federal governments, for a total of

The 2014-15 budget anticipates $4.38 million in local per-pupil funding from the Orleans Parish School District, $3.97 million in per-pupil funding from the state and $895,848 from federal sources. The federal money will be used to pay for four class-size-reduction teachers, four paraprofessionals, two instructional coaches and one Title II teacher, according to Greer.

On the expense side of the ledger, transportation costs are expected to increase by 2.84 percent to $709,577, according to the revised budget.

Insurance costs are projected to total $125,000, 40 percent above this year’s revised budget. Stipend costs are expected to drop 44.4 percent to $173,651, and repairs and maintenance costs are also expected to plunge, by 33.45 percent, to $290,693.

Preliminary financial documents show Warren Easton presenting a balanced budget at the hearing, scheduled for June 18.

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