BUDGET TRANSPARENCY REPORTING
The Annual Budget and Salary/Compensation Transparency Reporting legislation is an opportunity for Stockbridge Community Schools 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.
A. Fiscal Year Board Approved Budgets
The Stockbridge Community Schools district budget is adopted by a publicly elected local board of education no later that June 30th of each year. The budget is posted on the website within 30 days of adoption. Any subsequent budget amendments are also posted within 30 days.
B. Personnel Expenditures
C. Current Operating Expenditures
D. Audited Financial Statements
Each year, Stockbridge Community Schools 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 review for the requirements of the many programs we operate.
E. Current Bargaining Agreements
F. Employer Sponsored Health Care Plans
A. Employee Benefits for Medical/RX
B. Administrators, Department Heads and Policy Employees
D. Teachers and Support Staff Employees
G. Medical Benefit Plan Bids
This section includes information related to bids required under section 5 of the public employee health benefits act, 2007 PA 106, MCL 124.75. Bids must be solicited from four or more carriers (including one VEBA) for each employee group at least one every three years or whenever a change in health plan coverage is made.
H. 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.
A. 2012-2013 Employee Compensation Information
Section 4 Salary
I. District Paid Association Dues
Dues and Fees paid with district funds are limited to professional association fees. Membership 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.
J. District Paid Lobbying Costs
No school district funds were spent on lobbying services in 2012-2013
K. Mi School Data Website