New Lenox School District 122
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New Lenox School District 122 provides primary education services to students in grades kindergarten through 8. The superintendent is Dr. Michael Sass. The student body is drawn primarily from the village of New Lenox, Illinois in Will County and surrounding areas.
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[edit] Teacher and Administrator Annual Salary Increases
Salary increases for teachers and administrators in New Lenox School District 122 have greatly exceeded the rate of inflation in recent years as shown in the table below. [1]
| Fiscal Year | Teachers | Administrators | Inflation (CPI) |
|---|---|---|---|
| 2000 | 4.7% | 8.5% | 3.4% |
| 2001 | 8.1% | 19.3% | 1.6% |
| 2002 | 10.0% | 11.7% | 2.4% |
| 2003 | 9.0% | 13.8% | 1.9% |
| 2004 | 19.3% | 9.8% | 3.3% |
| 2005 | 6.0% | 10.9% | 3.4% |
[edit] Total Teacher and Administrator Payroll
Total payroll for teachers and administrators in New Lenox School District 122 has greatly exceeded the rate of inflation as well. The total increase in payroll is lower as a % than the average increase in salary on a teacher by teacher basis due to pension spiking. This practice results in large in increases in teacher compensation in the years immediately preceding retirement. When these teachers retire this then removes that teachers compensation from the next year's total salary resulting in lower total payroll. [2]
| Fiscal Year | Teacher Payroll | Average Salary | Admin Payroll | Average Salary |
|---|---|---|---|---|
| 2000 | $7,960,522 | $34,461 | $1,257,622 | $66,584 |
| 2001 | $8,256,237 | $35,434 | $1,493,854 | $82,992 |
| 2002 | $9,213,890 | $37,608 | $1,511,788 | $75,937 |
| 2003 | $11,359,233 | $39,857 | $1,533,217 | $78,436 |
| 2004 | $12,151,199 | $44,674 | $1,912,761 | $84,967 |
| 2005 | $13,745,798 | $45,366 | $2,011,466 | $89,339 |
| 2006 | $14,278,419 | $47,319 | $2,215,883 | $94,455 |
[edit] District 122 Gross Revenue By Sources
| Year | Property
Taxes |
Investment
Earnings |
Other
Local Sources |
State
& Federal |
Total
Revenue |
|---|---|---|---|---|---|
| 2005 | $24,384,901 | $255,041 | $2,670,060 | $13,581,968 | $40,891,700 |
| 2004 | 21,099,214 | 181,103 | 2,624,131 | 13,999,169 | 37,903,617 |
| 2003 | 17,199,210 | 509,862 | 2,309,087 | 12,794,922 | 32,539,572 |
| 2002 | 14,359,199 | 879,398 | 2,168,096 | 15,132,879 | 32,539,572 |
| 2001 | 11,631,227 | 1,949,885 | 1,987,436 | 12,929,489 | 28,498,037 |
| 2000 | 10,608,734 | 493,839 | 2,127,480 | 8,549,565 | 21,779,618 |
[edit] References
- ^ District 122 Comprehensive Annual Reports
