lunenburgbudgetproject.org — written by the Lunenburg Budget Project, an independent tool for residents. Not affiliated with the Town of Lunenburg, the School Committee or the school district. The data this page is computed from: /data/topics/long-run-balance-rate.json
To balance for good, school costs could grow 2.82% a year; our rates give 5.18% a year.
Assumed growth by cost lineour estimate
Assumed yearly growth (ours)
Salaries
4.00%
Health insurance
9.00%
Transportation
6.00%
Special education, in district
6.48%
Out-of-district special education
0.00%
Utilities
5.00%
Everything else
3.00%
Every line above the reference grows faster than the schools’ revenue can in the long run. Tuition is held flat.
1 · The facts
2.82% a year
school revenue growth by FY2057 (ours)
our estimate
5.18% a year
cost growth, keeping today’s schools as they are (ours)
our estimate
-0.77% a year
salary line change needed to balance (ours)
our estimate
4.0% a year
salary growth, assumed (ours)
our estimate
9.0% a year
health insurance cost growth, assumed (ours)
our estimate
64.4%
of the budget is salaries plus insurance (our grouping)
our estimate
6.0 positions
lost a year if the salary line is frozen (ours)
our estimate
54%
of positions gone after twenty years frozen (ours)
our estimate
$89,096
a position, our catalogue’s average
our estimate
2 · What it shows
1
To balance with every other line at our rates, the salary line falls 0.77% a year.
2
Frozen at zero while pay rises 4.0% a year, it loses 6.0 positions a year, 54% in twenty years.
3
Salaries and health insurance are 64.4% of the budget: one bargained, one bought by the Town.