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Board Approves Average Salary Increase of 4.4% for Teachers Next Year
Denver –The Denver Public Schools (DPS) Board of Education unanimously approved the school district’s 2018-19 budget to fund operations for the upcoming school year. The budget totals $1,011,200,000.
The 2018-19 budget was built on the concept of focusing resources and investments into the five Denver Plan 2020 Goals:
Denver 2020 Plan Goal FY 2018-19 Proposed Budget
Great Schools in Every Neighborhood $705.9M
A Foundation for Success in School $54.0M
Ready for College and Career $45.2M
Support for the Whole Child $97.2M
Close the Opportunity Gap $108.9M
Of the nearly $25 million of new funding that will be available to district-run schools for the 2018-19 school year, all of it will go toward compensation increases, with the majority being for teachers. In accordance with the five-year contract that DPS and Denver Classroom Teachers Association signed last fall, teachers will see an average increase of 4.4% next year, after an average increase of more than 5% this current year. DPS is also making significant investments in raising the pay of employees who are currently earning the district’s lowest hourly pay rates.
In addition to the compensation increases, the school district is cutting district-level spending to increase school-based resources in the following areas: