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.
State Mandated Reporting
Fiscal Year Board Approved Budgets
The Stockbridge Community Schools' district budget is adopted by a publicly elected local board of education no later than June 30 of each year. The budget is posted on the website within 30 days of adoption. Any subsequent budget amendments are also posted within 15 days.
Current Operating Expenditures
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.
2021-22 Audit Documents
2021-22 Financial Statement / Single Audit Report / Governance Letter
2020-21 Financial Statements
2019-20 Financial Statements
2018-19 Financial Statements
2017-18 Financial Statements
Employer Sponsored Health Care Plans
All Employee Benefits for Medical/RX/LIFE/LTD
Administrators, Department Heads and Policy Employees
Class 03 – Life for Superintendent
Class 04 – Life for Administrators and Department Heads
Class 06 – Life for Administrative Office Staff
Class 01 – LTD for Superintendent
Class 02 – LTD for Administrators, Supervisors and Office Staff
Administrators Dental through A.D.N.
Policy Employees Dental through A.D.N.
Administrators and Policy Employees Vision through A.D.N.
Teachers and Support Staff Employees
Class 01 – Life for Teachers with Medical Coverage
Class 02 – Life for Teachers without Medical Coverage
Class 07 – Life for Support Staff with Medical Coverage
Class 08 – Life for Support Staff without Medical Coverage
Class 09 – Life for Grandfathered Employees
Class 03 – LTD for Teachers
Class 04 – LTD for Support Staff
Dental through A.D.N.
Vision through A.D.N – Pak A
Vision through A.D.N – Pak B
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.
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.
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.
District Paid Lobbying Costs
No school district funds were spent on lobbying services in 2021-22
Approved Deficit Elimination Plan
The district has not incurred a deficit.
District Credit Card Information
District Paid Out-of-State Travel
No school district funds were spent on out-of-state travel in 2021-22.