Budget/Compensation Transparency Reporting

Casman Academy

Report Date: 11/10/2017

Section 1 - Annual Operating Budget and Subsequent Budget Revisions

To learn more about how we serve the children in our community visit our website at casman.manistee.org or call us at 231.723.4981. 

CASMAN Academy, the only public Charter school in Manistee County, is proud to provide a highly innovative and rigorous education to our students in grades 8-12. With a student/teacher ratio of 18-1, students and parents looking for a highly personal form of education can find it here. CASMAN is at the forefront in terms of its use of technology in educating our students and we strive to maintain consistent and positive methods of communication with parents.

Fiscal Year 2016-2017 Opening Budget

General Fund (2016 - 2017) Opening Budget

Section 2 - District and Personnel Expenditures

Current Operating Expenditures 2016-2017 

Like any organization, Casman Academy has a variety of expenditures including utilities, fuel for buses, technology, facility maintenance, insurance, personnel, and office supplies. Public schools are unique in that they have boards of education that control the expenditure (and receipt) of school funds. The school board members are state officers who carry out the state's educational obligations at the local level and they have the ultimate responsibility for school operations. Schools also pay for classroom supplies, specialized services for students with special needs, and many other instruction-related items. 

Pie Chart for Current Operating Expenditures 2016-2017 

Operating Expenditures

Because schools are a service industry, the largest share of every school's expenditures are salaries and benefits. Retirement costs are state mandated and controlled at the state level. Schools have increased co-pays for health insurance and reduced benefit programs for health insurance for staff. Insurance costs include health, dental, vision, and life. All other personnel benefit costs include annuities and car allowances. 

Pie Chart for Personnel Expenditures 2016-2017

Personnel Expenditures

Educational Service Provider Transparency Expenditure Report

Expenditure Report Pie Chart

Operational Report Pie Chart

Section 3 - Current Bargaining Agreements and Employer Sponsored Health Care Plans

There are no bargaining agreements nor health care plans because Casman Academy employees are hired through a third party.

Section 4 - Audited Financial Statements
Each year Casman Academy 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.

Financial Statements & Audit Report 2016-2017

Issued Financial Statements

Section 5 - Employee Compensation Information

Position and Salary Information

All employees of Casman Academy are categorized by classification of position held. All classifications are established according to demands of the position, level of responsibility, job functions performed, credentials and skills required, etc. Each classification falls into at least one established salary schedule, which takes into account such factors as seniority in position or in similar positions, comparison to similar jobs elsewhere in community, cost of living factors, etc. The Casman Academy Board of Education determines matters related to school employees including pay and benefits.

This report requires listing the Superintendent and employees with salaries over $100,000. Currently Casman Academy does not employee anyone with a salary over $100,000.

Salary Benefits
$66,500      Annuity = $0

Health Insurance = $0

Section 6 - District Paid Association Dues
Dues and fees paid by our district are limited to professional associations, student associations, or employment associations (labor union dues) on behalf of staff. These memberships provide added opportunities, resources, continuing education, and professional development. These memberships make it possible for our district to conduct business in more efficient ways and result in scholarship opportunities for our students. 

List of Association Dues Paid

Section 7 - District Paid Lobbying Costs
No school district funds were spent on lobbying services in 2016-2017.

Section 8 - Deficit Elimination Plan
The district has not incurred a deficit in 2016-2017.

Section 9 - District Credit Card Information
Click here to view.

Section 10 - Out-of-State Travel Information
There was no out-of-state travel to report in 2016-2017.

Section 11 - Procurement of Supplies, Materials, and Equipment
Click here to view.

Section 12 - Statement of Expenses Incurred by Board Members
Board member reimbursements.

Section 13 - Categories of Reimbursable Expenses

Section 14 - Medical Benefit Plan Bids
The district did not request medical benefit plan bids.

Section 15 -  Evaluations Posting and Assurances
School ADvance Administrator Evaluation System

5D Teacher Evaluations Postings and Assurances