Ordinance No. 2025-07 Adopting FY 2025-2026 Budget for Aventura City of Excellence School (ACES) - May 22, 2025CITY OF AVENTURA ORDINANCE NO. 2025-07
AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, ADOPTING
THE ATTACHED AVENTURA CITY OF EXCELLENCE SCHOOL
OPERATING AND CAPITAL BUDGET FOR FISCAL YEAR 2025/2026
(JULY 1 — JUNE 30), PURSUANT TO SECTION 4.05 OF THE CITY
CHARTER; AUTHORIZING EXPENDITURE OF FUNDS ESTABLISHED
BY THE BUDGET; PROVIDING FOR BUDGETARY CONTROL;
PROVIDING FOR PERSONNEL AUTHORIZATION; PROVIDING FOR
GIFTS AND GRANTS; PROVIDING FOR AMENDMENTS; PROVIDING
FOR ENCUMBRANCES; PROVIDING FOR SEVERABILITY; AND
PROVIDING FOR AN EFFECTIVE DATE.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE
CITY OF AVENTURA, FLORIDA, AS FOLLOWS:
Section 1. The 2025/2026 Operating and Capital Improvement Program Budget
for the Aventura City of Excellence School, a copy of said budget being attached hereto
and made a part hereof as specifically as if set forth at length herein, be and the same is
hereby established and adopted.
Section 2. Expenditure of Funds Appropriated in the Budget Authorized. Funds
appropriated in the Budget may be expended by and with the approval of the City Manager
in accordance with the provisions of the City Charter and applicable law. Funds of the City
shall be expended in accordance with the appropriations provided in the Budget adopted by
this Ordinance and shall constitute an appropriation of the amounts specified therein.
Supplemental appropriations or the reduction of appropriations, if any, shall be made in
accordance with Section 4.07 of the City Charter.
Section 3. Budgetary Control. The Budget establishes a limitation on
expenditures by department total. Said limitation requires that the total sum allocated to the
Charter School Fund may not be increased or decreased without specific authorization by
a duly -enacted Resolution affecting such amendment or transfer. Therefore, if requested
by the Principal of the Aventura City of Excellence School, the City Manager may authorize
transfers from one individual line item account to another, so long as the line item accounts
are within the same department and fund.
Section 4. Personnel Authorization. The "Personnel Allocation Summary"
enumerates all authorized budgeted positions. However, if requested by the Principal of the
City of Aventura Ordinance No. 2025-07
Aventura City of Excellence School, the City Manager may amend said authorized budgeted
positions in order to address the operating needs of the department so long as sufficient
budgeted funds are available.
Section 5. Grants and Gifts. When the City of Aventura receives monies from any
source, be it private or governmental, by Grant, Gift, or otherwise, to which there is attached
as a condition of acceptance any limitation regarding the use or expenditures of the monies
received, the funds so received need not be shown in the Operating Budget nor shall said
budget be subject to amendment of expenditures as a result of the receipt of said monies,
but said monies shall only be disbursed and applied toward the purposes for which the said
funds were received. To ensure the integrity of the Operating Budget, and the integrity of
the monies received by the City under Grants or Gifts, all monies received as contemplated
above must, upon receipt, be segregated and accounted for based upon generally accepted
accounting principles and where appropriate, placed into separate and individual trust
and/or escrow accounts from which any money drawn may only be disbursed and applied
within the limitations placed upon the Gift or Grant as aforesaid.
Section 6. Amendments. Upon the passage and adoption of the Charter School
Fund Budget for the City of Aventura, if the City Manager determines that the Department
Total will exceed its original appropriation, the City Manager is hereby authorized and
directed to prepare such Ordinances as may be necessary and proper to modify any line
item from the Budget hereby.
Section 7. Encumbrances. All outstanding encumbrances on June 30, 2025 shall
lapse at that time; and all capital outlay encumbrances and/or capital outlay expenditures
not spent during the fiscal year may be re -appropriated in the 2025/2026 fiscal year.
Section 8. Severability. The provisions of this Ordinance are declared to be
severable and if any section, sentence, clause or phrase of this Ordinance shall for any
reason be held to be invalid or unconstitutional, such decision shall not affect the validity of
the remaining sections, sentences, clauses, and phrases of this Ordinance but they shall
remain in effect, it being the legislative intent that this Ordinance shall stand notwithstanding
the invalidity of any part.
Section 9. Effective Date. This Ordinance shall be effective immediately upon
adoption on second reading.
Page 2 of 4
City of Aventura Ordinance No. 2025-07
The foregoing Ordinance was offered by Commissioner Blachman, who moved its
adoption on first reading. This motion was seconded by Commissioner Kruss, and upon
being put to a vote, the vote was as follows:
Commissioner Clifford B. Ain Yes
Commissioner Gustavo Blachman Yes
Commissioner Amit Bloom Yes
Commissioner Paul A. Kruss Yes
Commissioner Cindy Orlinsky Yes
Vice Mayor Rachel S. Friedland Yes
Mayor Howard S. Weinberg Yes
The foregoing Ordinance was offered by Commissioner Kruss, who moved its
adoption on second reading. This motion was seconded by Commissioner Bloom, and
upon being put to a vote, the vote was as follows:
Commissioner Clifford B. Ain Yes
Commissioner Gustavo Blachman Yes
Commissioner Amit Bloom Yes
Commissioner Rachel S. Friedland Yes
Commissioner Paul A. Kruss Yes
Vice Mayor Cindy Orlinsky Yes
Mayor Howard S. Weinberg Yes
PASSED on first reading this 17th day of April, 2025.
PASSED AND ADOPTED on second reading this 22nd day of May, 2025.
Page 3 of 4
City of Aventura Ordinance No. 2025-07
WARD S. WEINBERG, ES
MAYOR
&,rO� as 5 vow
ATTEST-
ELLISA L. HORVA , MMC
CITY CLERK
APPROVED AS TO LEGAL SUFFICIENCY:
ROBERT MEYERS-
CITY ATTORNEY
WEISS SEROTA HELFMAN COLE + BIERMAN, P.L.
Page 4 of 4
City of Aventura
Aventura City of Excellence School
Budget
Fiscal Year 2025/2026
%N
CHARTER SCHOOLS:,
A
City of Aventura
Aventura City of Excellence School
Operating and Capital Budget
Fiscal Year 2025/2026
City Commission/Governing Board
Mayor Howard S. Weinberg, Esq.
Commissioner Clifford B. Ain
Commissioner Gustavo Blachman
Commissioner Amit Bloom
Commissioner Rachel S. Friedland, Esq
Commissioner Paul A. Kruss
Commissioner Cindy Orlinsky
City Manager
Bryan Pegues
Principal
Ana Melhuish
Planning/Management Services Provided
Charter Schools USA
This page has intentionally been left blank
City of Aventura
Aventura City of Excellence School
Operating and Capital Budget
Fiscal Year 2025/2026
Table of Contents
Charter Schools USA's Budget Message................................................................................................................. i-v
Comparative Personnel Allocation Summary......................................................................................................... ii
Full -Time Staff Comparison Chart............................................................................................................................... iii
Introduction............................................................................................................................................1-3
Mission Statement, Vision Statement, and Commitment Statement..................................................... 2
Organization and Operations................................................................................................................................. 3
Fund Description & Summary..........................................................................................................5-6
Revenue Projection & Rationale......................................................................................................7-9
Budgetary Account Summary by Expenditure Function .................................................... 11-14
ACES Instructional Pay -for -Performance Pay Plan.............................................................. 15-17
This page has intentionally been left blank
MEMORANDUM
TO: City Commission/Governing Board
Bryan Pegues, City Manager
FROM: Ana Melhuish, Principal, Aventura City of Excellence School
Ayanna Jeffrey, Sr. Accounting Analyst, Charter Schools USA
DATE: May 16, 2025
SUBJECT: Proposed 2025/2026 Aventura City of Excellence School Budget
Attached is the proposed 2025/2026 Aventura City of Excellence School ("ACES") Budget
(Fund 190) which will be effective from July 1, 2025 — June 30, 2026, for review and
consideration. Our goal in preparing the budget was to ensure continued delivery of high -
quality educational services to the students.
The budget was prepared in a collaborative effort by CSUSA, including staff members from
several different divisions, and the ACES Principal. In addition, the budget has also been
reviewed by the City Manager and the Finance Director and will appear on first and second
reading on April 17t" and May 22nd, 2025, respectively.
The following are the major highlights of the 2025/2026 budget:
• The school budget is based on a projected enrollment of 1,032 Kindergarten through
8t" grade students.
• At the time of preparation, the Florida Legislative Session had not approved an
increase of Florida Education Financial Program (FEFP) funding for Miami -Dade.
However, the estimate of the projected increase in these revenues is included using
the District's latest FEFP statement for the school as the starting point.
• Includes 99 full-time equivalent employees at a projected cost of $8,862,471 and is
summarized by class and category below:
Job Class Category
2024-25
Projected
2025-26
Proposed
Change
Administrative Staff
Full-time
18.0
18.0
Part-time
-
-
Subtotal
18.0
18.0
Instructional Staff
Full-time
84.0
81.0
(3.0)
Part-time
-
-
Subtotal
84.0
81.0
(3.0)
Total Employees
102.0
99.0
(3.0)
Vendor Services include contracted pupil transportation for four (4) buses to transport
students that live two (2) miles or more from the School at a cost of $458,316.
To continue enhancing students' instructional experience, $254,884 has been
budgeted for textbooks, reference books and instructional licenses under Instructional
Expenditures.
Capital expenditures of $286,470 are budgeted for costs associated with Computer
Hardware, IT Infrastructure and FF&E (i.e. Classroom Furniture).
Compensation for Personnel Services
Total Compensation for Personnel Services is budgeted at $8,862,471 or 63.3% of the total
budget expenses and 67.4% of total operating revenue. This category includes 99 full-time
equivalent employees, including 18 administrative staff positions and 81 instructional staff
positions, detailed below. To maintain, attract, and retain highly qualified teachers, salaries
reflect the school's proposed Pay Plan and stipends of $1,202,325 funded by the Miami -Dade
County Referendum. All employees are under contract with CSUSA.
Aventura City School of Excellence
Comparative Personnel Allocation Summary
3 - Year Presentation
2023-24
2024-25
2025-26
Actual
Projected
Proposed
Full-
Part-
Full-
Part-
Full-
Part -
Job Class
Time
Time
Total
Time
Time
Total
Time
Time
Total
Administrative Staff
Principal
1.0
1.0
1.0
1.0
1.0
1.0
Assistant Principal
2.0
2.0
2.0
2.0
2.0
2.0
School Operations Administrator
1.0
1.0
1.0
1.0
1.0
1.0
Administrative Assistant
3.0
2.0
5.0
3.0
3.0
3.0
3.0
Receptionist
1.0
-
1.0
1.0
1.0
1.0
1.0
Enrollment Management
1.0
1.0
1.0
1.0
1.0
1.0
Guidance Counselor
1.0
1.0
2.0
2.0
2.0
2.0
Dean of Curriculum/Dean of Students
1.0
1.0
2.0
2.0
2.0
2.0
IT Support
1.0
1.0
1.0
1.0
1.0
1.0
Other Support
2.0
2.0
-
-
-
-
HaII Monitor
4.0
4.0
4.0
4.0
4.0
4.0
Subtotal
18.0
2.0
20.0
18.0
18.0
18.0
18.0
Instructional Staff
Teachers
71.0
-
71.0
67.0
67.0
68.0
68.0
ESE/Special Education Teachers
4.0
4.0
6.0
6.0
6.0
6.0
Curriculum Resource Teacher
1.0
1.0
3.0
3.0
3.0
3.0
Instructional Aides
6.0
8.0
14.0
6.0
6.0
3.0
3.0
Subs
2.0
-
2.0
2.0
2.0
1.0
1.0
Subtotal
84.0
8.0
92.0
84.0
84.0
81.0
81.0
Total
102.0
10.0
112.0
102.0
102.0
99.0
99.0
Full -Time Staff Comparison
102.0
101.5
101.0
100.5
100.0
99.5
99.0
98.5
98.0
97.5
2023/24 - 2024/25 - 2025/26 -
Actual Projected Proposed
The remainder of this page has been intentionally left blank
The total proposed budget for 2025/2026 is $14,001,902 broken down into the following
categories:
Category
Amount
%
Compensation
$ 8,862,471
63.3%
Professional Services
1,327,095
9.5%
Vendor Services
1,479,201
10.6%
Administrative Expenditures
100,142
0.7%
Instructional Expenditures
254,884
1.8%
Other Operating Expenditures
1,031,225
7.4%
Fixed Expenditures
604,059
4.3%
Capital Outlay
286,470
2.0%
Repayment of Debt
56,355
0.4%
Total
$ 14,001,902
100.0%
Instructional
Expenditures
1.8%
Administrative
Expenditures
0.7%
Ve n d o r Se ry i ce s
10.6%
Professional Services
9.5%
Expenditures by Category
Fixed Expenditures
OtherOperating 4.3% Capital Outlay
Expenditures 2.0%
7.4%
Repaymentof Debt
0.4%
Compensation
63.3%
Summary
We are pleased to submit the detailed budget contained within this document and its related
funding levels representing the City's continued commitment to support the Mission and
Vision for Aventura City of Excellence School as outlined on page 2.
The City Commission, acting in its capacity as the Aventura City of Excellence School
Governing Board will meet during a Governing Board Meeting on May 22, 2025 to review the
proposed budget document in detail. Please refer any questions relating to the enclosed
budget to the City Manager's attention.
Respectfully submitted,
Ana Melhuish Ayanna Jeffrey
Principal, Aventura City of Excellence Schools Sr. Accounting Analyst, CSUSA
This page has intentionally been left blank
City of Aventura
Aventura City of Excellence School
Operating and Capital Budget
Fiscal Year 2025/2026
Introduction
City of Aventura
Aventura City of Excellence School
Mission Statement
Aventura City School of Excellence will develop future leaders by providing a world -class
education with unwavering commitment to the Whole Child, and unyielding dedication to
Student Success. Excellence is the expectation, not the exception!
Vision Statement
To join with our community to become the premier charter school in the nation, where academic
excellence coexists with the promotion of innovation and exploration grounded in an
atmosphere of social responsibility.
K
City of Aventura
Aventura City of Excellence School
Organization and Operations
The School is a special revenue fund found within the City's financial statements. The School commenced
operations in the City in August 2003 and offers classes for Kindergarten through 8th grades with a
projected enrollment of 1,032 students. The School is funded by public funds based on enrollment and
may be eligible for grants in accordance with state and federal guidelines, including food service and
capital outlay. The School can accept private donations, and the City can incur debt for its operations.
Reporting Entity
The School operates under a charter granted by the sponsoring school district, the Miami -Dade County
Public School District (the "District"). The current charter is effective until June 30, 2033, but provides for
a renewal of up to 15 years by mutual agreement of both parties. In 2005, the School amended the charter
to include grades sixth through eighth. In 2012, the School amended the charter to increase the School
capacity from 972 to 1,032 over five (5) years commencing with fiscal year 2012/13. The School is owned
and operated by the City, is part of the City's government and is not a separate legal entity or otherwise
organized apart from the City. The City was incorporated in November 1995 and operates under a
Commission -Manager form of government.
Management Agreement
The City previously has a contract with Charter Schools USA, Inc. ("CSUSA") to provide those services
necessary to organize, manage, staff, operate and maintain the School. The agreement expires on June 30,
2029, with a five-year renewal option by mutual agreement of both parties and provided that the District
extends the charter granted to the City. Total management fees projected to be paid to the management
company for fiscal year 2025/2026 are $977,116. The other expenditures that are reimbursed to CSUSA
from the City relate to teachers' salaries, benefits and all related operational costs.
Q
This page has intentionally been left blank
City of Aventura
Aventura City School of Excellence
Operating and Capital Budget
Fiscal Year 2025/2026
Fund Description
0
Summary
ventura City of Excellence School
Fund - 190
Fiscal Year 2025/2026 (July 1 -June 30)
Budget Category Summary
Fund Description
This fund accounts for operating and capital revenues and expenditures associated with the Aventura City of Excellence School. In
accordance with their Management Agreement with the City, Charter Schools USA, is responsible for the School's budgetary,
accounting, auditing and financial reporting functions.
Revenue Projections
Operating Revenue $ 14,295,259 $ 12,606,710 $ 12,862,693 $ 13,148,207
Proceeds from Long Term Debt- Lease - - - 153,695
City Subsidy (Advance from the City's General Fund) 4,501,495 1,108,552 1,108,552 700,000
$ 13,715,262 $ 13,971,24
Expenditures
Operating Expenditures $ 14,810,433 $ 13,393,512 $ 13,608,503 $ 13,659,077
Capital Expenditures 931,791 321,750 353,279 286,470
Repayment of Debt - - - 56,355
01 Total Expenditures $ 15,742,224 $ 13,715,262 $ 13,4161,782 $ 14R1,902
Revenues over/(under) Expenditures $ 3,054,530 $ 0 $ 9,463 $ 0
The remainder of this page has intentionally been left blank
AA
City of Aventura
Aventura City of Excellence School
Operating and Capital Budget
Fiscal Year 2025/2026
Revenue Projection
Rationale
ADOPTED
PROJECTED
PROPOSED
Aventura City of Excellence School
BUDGET
FORECAST
BUDGET
Proposed Budget
Total Number of Students
1,032
1,032
1,032
Forecasted Average FTE per Student
$
8,750.00
$
8,744.51
$
8,963.12
REVENUE:
Operating Revenue
FTE
$
9,030,082
$
9,024,334
$
9,249,943
Capital Outlay
963,888
1,146,318
1,720,344
NSLP Revenue
90,000
78,022
78,022
Food Services
140,000
140,000
140,000
Before and Aftercare Revenue
145,000
103,910
175,000
Miscellaneous Revenue
561,500
564,837
123,337
Other Program Revenue:
A+ Bonus
180,500
142,906
-
Referendum Stipends
1,495,740
1,662,367
1,661,561
Total Operating Revenue
$
12,606,710
$
12,862,693
$
13,148,207
Other Non -Revenue
Proceeds from Long Term Debt- Lease
$
-
$
-
$
153,695
City Subsidy
Advance from the City's General Fund
$
1,108,552
$
1,108,552
$
700,000
Total Revenues
$
13,715,262
$
13,971,245
$
14,001,902
The remainder of this page has intentionally been left blank
E:3
Revenue Projection Rationale
Fiscal Year 2025/2026
Revenues
The total revenues available for allocation in the 2025/2026 proposed budget are anticipated to be
$14,001,902. This is a net increase of $286,640 or 2.1% compared to the prior year's budget primarily due
to the estimated increase in capital outlay allocation. The estimate is based on previous guidance from
FLDOE on increases to this funding program.
Operating Revenue
FTE - totals $9,249,943 and is based on an average of $8,963.12/student, which includes the
transportation reimbursement component. This revenue category is anticipated to be higher than the
prior year's adopted budget and represents the estimate of the projected increase in Florida Education
Finance Program (FEFP) revenues using the District's latest FEFP statement for the school.
Capital Outlay - totals $1,720,344, an increase of 78.5% over the previous budget. This is based on
previous guidance from FLDOE on increases to this funding program.
NSLP Revenue - totals $78,022 and represents an estimate for reimbursement by the National School
Lunch Program ("NSLP") for low-cost or free meals that are provided to students who qualify for the
federally assisted meal program. This revenue category is projected based on current year reimbursement
rates and assumes consistent eligibility year -over -year in the student population.
Food Services - totals $140,000 and represents an estimate for unsubsidized meals purchased by students.
This revenue category remained the same year -over -year in line with enrollment on a per capita basis
using the current year student participation rate.
Miscellaneous Revenue -is $123,337 and comprises of $120,000 derived from revenue sharing agreements
for leases that generate billboard advertising revenue and $3,337 for estimated bank account interest
revenue.
Other Program Revenue - totals $1,661,561 consisting of Miami -Dade County Referendum revenue that
will be used for security personnel and teacher stipends.
Other Non -Revenue
City Subsidy (Advance from the City's General Fund) - is $700,000 and is required to balance the budget.
This is a decrease of $408,552 when compared with the prior year's budget amount.
Proceeds from Long Term Debt. Lease - the school will obtain finance lease funding to purchase the
computer hardware needed for this year.
01
This page has intentionally been left blank
10
City of Aventura
Aventura City of Excellence School
Operating and Capital Budget
Fiscal Year 2025/2026
Budgetary Account Summary
by Expenditure Function
11
ADOPTED
PROJECTED
PROPOSED
Don Soffer Aventura High School
BUDGET
FORECAST
BUDGET
Proposed Budget
EXPENDITURES
Administrative Staff
Principal
1.0
1.0
1.0
Assistant Principal
2.0
2.0
2.0
School Operations Administrator
1.0
1.0
1.0
Administrative Assistant
3.0
3.0
3.0
Receptionist
1.0
1.0
1.0
Enrollment Management
1.0
1.0
1.0
Guidance Counselor
1.0
2.0
2.0
Dean of Curriculum/Dean of Students
1.0
2.0
2.0
IT Support
1.0
1.0
1.0
Other Support
2.0
-
-
Aftercare
-
-
-
Hall Monitor
4.0
4.0
4.0
Subtotal Administrative Staff
18.0
$
932,266
18.0
$
1,177,170
18.0
$
1,215,670
Instructional Staff
Teachers
71.0
67.0
68.0
ESE/Special Education Teachers
4.0
6.0
6.0
Curriculum Resource Teacher
1.0
3.0
3.0
Instructional Aides
6.0
6.0
3.0
Subs
2.0
2.0
1.0
Subtotal Instructional Staff
84.0
$
5,004,380
84.0
$
4,750,796
81.0
$
4,741,836
Tutoring
$
-
$
9,278
$
16,625
Bonuses
150,906
147,722
52,911
Stipends
1,168,194
1,423,072
1,358, 267
Benefits
1,024,431
730,159
890,514
Payroll Taxes
1,040,525
604,788
586,647
Subtotal
$
3,384,056
$
2,915,019
$
2,904,965
Total Compensation
102.0
$
9,320,702
102.0
$
8,842,985
99.0
$
8,862,471
The remainder of this page has intentionally been left blank
12
ADOPTED
PROJECTED
PROPOSED
Aventura City of Excellence School
BUDGET
FORECAST
BUDGET
Proposed Budget - Continued
Professional Services
Management Fee
$
749,203
$
749,203
$
977,116
Legal Fees
-
2,289
9,900
Fee to County Board
41,824
42,714
44,816
Outside Staff Development
44,750
45,050
45,050
Accounting Services - Audit
11,000
11,000
11,000
Professional Fees- Other
8,650
8,650
21,637
Computer Services Fees
158,082
158,082
207,432
Advertising/Marketing Expenditure
-
7,033
10,144
Subtotal Professional Services
$
1,013,508
$
1,024,021
$
1,327,095
Vendor Services
Contracted Pupil Transportation
$
296,000
$
386,265
$
458,316
Contracted Mental Health
75,000
75,000
106,510
Extra -Curricular Activity Events & Transportation
480,000
480,000
44,450
Contracted Food Services
230,000
230,000
230,000
Drug Testing Fees
-
1,926
21000
Licenses & Permits
-
2,364
2,365
Contracted Custodial Services
349,359
392,085
416,325
Contracted Security
134,902
134,902
219,235
Subtotal Vendor Services
$
1,565,261
$
1,702,543
$
1,479,201
Administration Expenditures
Travel
$
10,400
$
10,400
$
7,750
Meals
250
250
250
Lodging
5,000
5,000
51000
Business Expenditure - Other
-
10,442
11,892
Dues & Subscriptions
16,500
9,273
10,550
Printing
50,000
50,000
52,500
Office Supplies
15,000
15,000
12,200
Medical Supplies
-
-
-
Subtotal Administrative Expenditures
$
97,150
$
100,365
$
100,142
Instructional Expenditures
Textbooks & Reference Books
$
113,000
$
23,645
$
57,275
Consumable Instructional (Student)
-
10,315
11,000
Consumable Instructional (Teacher)
-
-
350
Instructional Licenses
60,000
116,711
109,609
Testing Materials
29,972
29,972
1,650
Florida Teacher Lead Program
-
22,200
-
Contracted SPED Instruction
75,000
75,000
75,000
Subtotal Instructional Expenditures
$
277,972
$
277,844
$
254,884
13
ADOPTED
PROJECTED
PROPOSED
Aventura City of Excellence School
BUDGET
FORECAST
BUDGET
Proposed Budget - Continued
Other Operating Expenditures
Telephone & Internet
$
75,840
$
59,095
$
57,194
Postage
-
4,741
5,258
Electricity
175,000
175,000
154,665
Water & Sewer
84,286
64,956
47,940
Waste Disposal
-
15,977
19,173
Pest Control
9,600
9,600
8,865
Cleaning Supplies
-
105,107
88,417
Building Repairs & Maintenance
176,393
581,511
600,789
Equipment Repairs & Maintenance
-
413
-
Miscellaneous Expenditures
5,500
52,046
48,924
Subtotal Other Operating Expenditures
$
526,619
$
1,068,445
$
1,031,225
Fixed Expenditures
Office Equipment- Leasing Expenditures
$
31,000
$
31,000
$
24,624
Professional Liability & Other Insurance
117,300
117,300
135,435
Subtotal Fixed Expenditures
$
148,300
$
148,299
$
160,059
Rent Expense
$
444,000
$
444,000
$
444,000
Total Operating Expenditures
$
13,393,512
$
13,608,503
$
13,659,077
Capital Expenditures
Computers - Hardware
$
277,750
$
278,093
$
185,415
Audio Visual Equipment
-
11,924
36,900
IT Infrastructure
44,000
44,000
25,000
FF&E
-
381
12,500
Other
-
18,881
26,655
Total Capital Expenditures
$
321,750
$
353,279
$
286,470
Total Unadjusted Operating and Capital
Expenditures
$
13,715,262
$
13,961,782
$
13,945,547
Unadjusted Revenue over/(under)
Expenditures
$
0
$
9,463
$
56,355
Debt Repayments
Long term Debt Repayment
$
-
$
-
$
51,232
Interest Payment
$
$
$
5,123
Total Debt Repayments
$
-
$
$
56,355
Total Adjusted Operating and Capital
Expenditures and Debt Repayments
$
13,715,262
$
13,961,782
$
14,001,902
Total Revenues
$
13,715,262
$
13,971,245
$
14,001,902
Projected Addition to Fund Balance/(Deficit)
$
0
$
9,463
$
0
14
City of Aventura
Aventura City of Excellence School
Operating and Capital Budget
Fiscal Year 2025/2026
ACES Instructional Pay -For -Performance Plan
40*41,
CHARTER SCHOOLS
USA
15
INDEX
•ap%k,
CHARTER SCHOOLS
USA
ACES INSTRUCTIONAL PAY -FOR -PERFORMANCE PLAN
A. CSUSA PAY PRACTICES
B. PERFORMANCE BASED COMPENSATION
c. MERIT INCREASE SCHEDULE
A. CSUSA PAY PRACTICES
CSUSA salaries are competitive with the surrounding area schools but structured differently, with a
greater emphasis on performance -based pay. For base salaries, pay bands have been established to a
minimum, midpoint, and maximum scale by which job families can grow with merit increases. CSUSA will
budget criteria, incentives, and other motivating factors to attract, reward and retain the best employees.
A salary worksheet will be used to calculate starting salaries in a fair & consistent manner. Below are the
basic criteria utilized to determine starting salaries.
Base Salary for Teachers in their initial year (10 Month)
• Base Pay $50,500
• Positive Adjustments to base for Education Credentials
o $3,100 for Masters
o $5,150 for Specialist
o $7,200 for Doctorate
• Other Compensation: (to be reevaluated annually and subject to funding availability)
o Miami -Dade County Referendum will be added as a stipend to Teacher base pay
• Teachers whose certification expires and those who have not received their statement of
eligibility from the FLDOE will be classified as "Permanent Substitutes," with a base pay of
$47,500 and no eligibility for advanced degree supplements. Permanent substitutes are not
eligible for referendum pay.
B. PERFORMANCE BASED COMPENSATION
Research supports the notion that people are motivated through achievement, recognition, and growth
opportunities. Moreover, studies indicate that not only does this contribute to the retention of high quality
staff, but also positively impacts student achievement. Consequently, the School will adopt a performance -
based compensation plan that includes:
• Merit increases for faculty and staff are determined by a robust evaluation tool based on the
research of Robert Marzano, in alignment with statutory requirements
• A "Cost of Living" adjustment option may be included in the schedule
I[:
• Participation in various programs to provide incentive bonuses for teachers
• Performance bonuses for Administration based on Academic Performance, Enrollment/Growth
and Culture metrics
• School wide performance incentive goal- provided to faculty and staff at schools that achieve
predetermined school wide academic improvement goals
• Stipends (supplements) are offered separately from base pay for Additional Academic
Responsibilities, Title 1 Schools, Critical Teacher Shortage Areas etc.
c. MERIT INCREASE SCHEDULE
Final Level Instructional staff member scores are calculated by combining the Instructional Practice and
Student Performance components of the final evaluation. Please see the school's approved evaluation plan.
Budget will determine the Effective teacher's percent increase. This percent increase will fall between
50%-75% of the percent increase that Highly Effective teachers receive per statutory requirements.
CSUSA PERFORMANCE EVALUATION RESULTS
INSTRUCTIONAL INCREASE*
Level 1: UNSATISFACTORY/DEVELOPING/NEEDS0%
IMPROVEMENT
Level 2: DEVELOPING/ NEEDS IMPROVEMENT
0%
Level 3: APPLYING / EFFECTIVE
2.0%
Level 4: INNOVATIVE / HIGHLY EFFECTIVE
2.67 - 4%
*Merit increases are subject to budget allocation
• A "Cost of Living" adjustment option may be included in the schedule, budget permitting
• Stipends (supplements) are offered separately from base pay for Additional Academic
Responsibilities, including teaching extra periods and student supervision during planning, lunch,
before and after school.
17
Aventura City of Excellence School
3333 NE 188th Street
Aventura, Florida 33180
Office Telephone: (305) 466-1499
Website: www.aventuracharter.org