PDE-3113G (5/17) Application Number_____________________ INNOVATIVE TEACHER AND PRINCIPAL RESIDENCY PROGRAMS Reminder: Check all budget calculations! Not to exceed $75,000 for planning grants, $550,000 for implementation grants, or $200,000.00 for expansion grants. DESCRIPTION PROJECTED BUDGET FOR OF YEAR 1 EXPENDITURES Salaries __14.66___% OF BUDGET Director 10,000.00 Faculty 7,000.00 2 @ $3,500; 2 @ $3,500 Grad Asst. 8,400.00 560 hrs. x $15.00; 560 @ 15.00 Clerical 2,100.00 200 x $10.50; 140 @ $10.50 Total Salaries 27,500.00 __3.31__% OF BUDGET Benefits Medical 6.35% (27,400); (26,870) 1,740.00 Social Security 7.65% (27,400); 2,096.00 (26,870)) Unemployment Compensation .26% 71.24 (27,400); (26,870) Workmen’s Compensation .1% 27.40 (27,400); (26,870) Retirement 12% ($19,000); (18,470) 2,280.00 Total Benefits 6,214.64 Column Totals 33,714.64 PROJECTED BUDGETS FOR DESCRIPTION OF YEAR 1 EXPENDITURES Purchased Professional & ___69.87____% OF BUDGET
PDE-3113G (5/17) Application Number_____________________ INNOVATIVE TEACHER AND PRINCIPAL RESIDENCY PROGRAMS Reminder: Check all budget calculations! Not to exceed $75,000 for planning grants, $550,000 for implementation grants, or $200,000.00 for expansion grants. DESCRIPTION OF EXPENDITURES PROJECTED BUDGET FOR YEAR 1 Salaries __14.66___% OF BUDGET Director 10,000.00 Faculty 2 @ $3,500; 2 @ $3,500 7,000.00 Grad Asst. 560 hrs. x $15.00; 560 @ 15.00 8,400.00 Clerical 200 x $10.50; 140 @ $10.50 2,100.00 Total Salaries 27,500.00 Benefits __3.31__% OF BUDGET Medical 6.35% (27,400); (26,870) 1,740.00 Social Security 7.65% (27,400); (26,870)) 2,096.00 Unemployment Compensation .26% (27,400); (26,870) 71.24 Workmen’s Compensation .1% (27,400); (26,870) 27.40 Retirement 12% ($19,000); (18,470) 2,280.00 Total Benefits 6,214.64 Column Totals 33,714.64 DESCRIPTION OF EXPENDITURES PROJECTED BUDGETS FOR YEAR 1 Purchased Professional & ___69.87____% OF BUDGET