SALARIES
Category FY2004 FY2005 FY2006 FY2007 FY2008 (increase over five years percent increase since FY04)
town salaries $23,856,964 $23,454,874 $24,255,758 $25,309,234 $26,101,000 ($2,244,036 9.4 percent)
school salaries $37,097,316 $38,502,092 $40,811,936 $42,989,460 $44,763,000 ($7,665,684 20.7 percent)
total salaries $60,954,280 $61,956,966 $65,067,694 $68,298,694- $70,864,000 ($9,909,720 16.3 percent)
FY2004-2007 are actual expenditures; FY2008 are budgeted numbers
HEALTH INSURANCE
category FY2004 FY2005 FY2006 FY2007 FY2008 (increase over five years percent increase since FY04)
health insurance $7,125,000 $8,463,109 $9,597,000 $9,956,000 $10,447,000 ($3,322,000 46.6 percent)
*retired teachers $1,098,438 $1,267,033 $1,575,902 $2,041,987 $2,307,609 ($1,209,171 110.1 percent)
total $8,223,438 $9,730,142 $11,172,902 $11,997,987 $12,754,609 ($4,531,171 55.1 percent)
FY2004-2007 are actual expenditures; FY2008 are budgeted numbers
*Retired teachers' health insurance expenses are not controled by the town. They are budgeted based off of cherry sheet assessments before the state bills the town for the expense. Additionally, the above health insurance number includes both active town and school employees as well as retired town employees.
HEALTH INSURANCE YEAR-TO-YEAR INCREASES
active town and school employees and retired town employees, town controlled
fiscal 2004-05 $1,338,109
fisal 2005-06 $1,133,891
fiscal 2006-07 $359,000
fiscal 2007-08 $491,000
retired teachers, part of state-controlled Group Insurance Commission, billed to town
fiscal 2004-05 $168,595
fiscal 2005-06 $308,869
fiscal 2006-07 $466,085
fiscal 2007-08 $265,622
FY2004-2007 are actual expenditures; FY2008 are budgeted numbers
TOWN & SCHOOL EMPLOYEES (FTE)
category FY2004 FY2005 FY2006 FY2007 FY2008 (increase over five years percent increase since FY04)
town 354.7 354.7 355.4 354.9 356.2 (1.5 .42 percent)
school 697.7 737.4 757.6 760.9 784.3 (86.6 12.4 percent)
total 1,052.4 1,092.1 1,113 1,115.8 1,140.5 (88.1 8.37 percent)
