Superintendent of Public Instruction - Institutional Education
| Average Annual FTEs | Near General Fund State | Other Funds | Total Funds | |
|---|---|---|---|---|
| (Dollars in Thousands) | ||||
| Current Budget | 0.0 | 27,968 | 0 | 27,968 |
| 2023-25 Maintenance Level | 0.0 | 30,821 | 0 | 30,821 |
| Difference from 2023-25 Original | 0.0 | 2,853 | 0 | 2,853 |
| % Change from 2023-25 Original | 0.0% | 10.2% | 0.0% | 10.2% |
2023 Policy Other Changes |
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| K-12 Salary Inflation | 0.0 | 54 | 0 | 54 |
| 2023 Policy Other Changes Total | 0.0 | 54 | 0 | 54 |
2023 Policy Comp Changes |
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| Pension and DRS Rate Change | 0.0 | (268) | 0 | (268) |
| Updated SEBB Rate | 0.0 | 4 | 0 | 4 |
| 2023 Policy Comp Changes Total | 0.0 | (264) | 0 | (264) |
| Total Policy Changes | 0.0 | (210) | 0 | (210) |
| 2023-25 Policy Level | 0.0 | 30,611 | 0 | 30,611 |
| Difference from 2021-23 | 0.0 | 2,643 | 0 | 2,643 |
| % Change from 2023-25 Original | 0.0% | 9.5% | 0.0% | 9.5% |
Policy Changes
K-12 Salary Inflation
Compensation inflation is increased to 4.5 percent in the 2023-24 school year. (General Fund - State, WA Opportunity Pathways Account - State)
Pension and DRS Rate Change
An adjusmtment is made for pension contribution rates including to fund a benefit increase of 3%, up to a maximum of $110 per month for eligible Public Employees' and Teachers' Retirement Systems Plan 1 members, as well as savings that result from the termination of the Plan 1 unfunded liability rate. (WA Opportunity Pathways Account - State, General Fund - State)
Updated SEBB Rate
This item funds adjustments to the SEB rate at rates of $1105 per month in the first fiscal year and $1176 per month in the second fiscal year. (WA Opportunity Pathways Account - State, General Fund - State)
