July 2009 Agricultural Education FY 2010 Budget Update GACTE Conference July 21, 2009.
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July 2009 Agricultural Education FY 2010 Budget Update GACTE Conference July 21, 2009
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Transcript of July 2009 Agricultural Education FY 2010 Budget Update GACTE Conference July 21, 2009.
July 2009
Agricultural Education
FY 2010 BudgetUpdate
GACTE Conference
July 21, 2009
July 2009
Agricultural Education Grants
All State Grants are subject
to the 10% holdback including:
• Ag. Extended Day
• Ag. Extended Year
• Young Farmer
July 2009
Extended Day
• Extended Day is calculated as 1/8 of the State Salary Schedule
• The Grant covers 100% of the salary
• This Grant is subject to the 10% Holdback
• This equates to 19 hours
Example: State Salary $48,000 / 8 = $6,000
$6,000 is for 190 hours
Grant is for $5,400 or 171 hours
July 2009
Extended Year
• Extended Year is based on the daily rate of the State Salary Schedule
• The Grant is a 50/50 split between the local system and the State
• The Grant is reduced by 10%Example: State Salary $48,000 / 190 days =
$252.63 per day We reduced the daily rate to meet the 10% holdback – not the number of days
July 2009
Young Farmer
• The Young Farmer salary is calculated using this formula example: T4 - L6
State Salary Schedule - $50,285 - 190 days
Extended Year – 38 Days - $10,057
Extended Day - $6,286
Total - $66,628
July 2009
Young Farmer
• The Grant covers 70% of the cost of the Young Farmer position plus $3,000 travel
• The Grant is subject to the 10% holdback
• The decision was made to reduce the travel portion of the grant to zero and to take the balance of the holdback from the extended day portion of the salary.
July 2009
Young Farmer
Example: T-4 with 29 Years
Base $50,285
Ext. Yr $10,057
Ext. Day $ 6,285
Benefits $15,502
Total $82,130
70% Grant $57,491
Travel $ 3,000
Grant Total $60,491
Base $50,285
Ext. Yr $10,057
Ext. Day $ 2,297
Benefits $15,133
Total $77,772
70% Grant $54,441
Travel $ 0
Grant Total $54,441
July 2009
Agricultural Education
• You received a budget worksheet prior to the May 15th deadline. This was uploaded to the Consolidated Application.
• A revised budget worksheet was sent to you on June 15th.
• Please use the revised budget worksheet.
• Please notify the payroll staff that there is a change in the funding.
July 2009
Agricultural Education
• If you need additional information please contact the Agricultural Education Region Coordinators.
• North Region John (Chip) Bridges
• Central Region Cindy Greene
• South Region Melvin Thompson
