About Madison Academy

Budget & Salary/Compensation Transparency Reporting

Fiscal Year 2017-2018 Approved Budget

Budget General Fund for 2017-2018 | pdf

Fiscal Year 2016-2017 Approved Budget

Budget General Fund for 2016-2017 | pdf

Quarterly Financial Statement - September 2016 | pdf

Quarterly Financial Statement - December 2016 | pdf

Quarterly Financial Statement - March 2017 | pdf

Quarterly Financial Statement - June 2017 | pdf

Fiscal Year 2016-2017 Board Approved Budget Amendment of 12/13/2016 | pdf

Fiscal Year 2016-2017 Board Approved Budget Amendment of 4/11/2017 | pdf

Fiscal Year 2016-2017 Board Approved Budget Amendment of 06/13/2017 | pdf

Fiscal Year 2015-2016 Board Approved Budget 

Projected Budget for 2015-2016 | pdf

Budget General Fund for 2015-2016 | pdf

Fiscal Year 2015-2016 Board Approved Budget Amendment of 1/26/16 | pdf

Fiscal Year 2015-2016 Board Approved Budget Amendment of 6/14/16 | pdf

Quarterly Financial Statement - September 2015 | pdf

Quarterly Financial Statement - December 2015 | pdf

Quarterly Financial Statement - March 2016 | pdf

Quarterly Financial Statement - June 2016 | pdf

Fiscal Year 2015-2016 Budget Projection

Projected Budget for 2015-2016 | pdf | html

Budget General Fund 2015-2016 | pdf | html

Fiscal Year 2015-2016 Board Approved Budget Amendment of 1/26/16 | pdf | html

Quarterly Financial Statement - September 2015 | pdf | html

Quarterly Financial Statement - December 2015 | pdf | html

Quarterly Financial Statement - March 2016 | pdf | html

Fiscal Year 2014-2015 Board Approved Budgets

Budget General Fund for 2014-2015 | pdf | html

Fiscal Year 2014-2015 Board Approved Budget Amendment of 10/28/14 | pdf | html

Fiscal Year 2014-2015 Board Approved Budget Amendment of 6/23/15 | pdf | html

Quarterly Financial Statements - September 2014 | pdf

Quarterly Financial Statements - December 2014 | pdf

Quarterly Financial Statements - March 2015 | pdf

Quarterly Financial Statements - June 2015 | pdf

Personnel Expenditures

2013-14 Personnel Expenditures | pdf | html

2014-15 Personnel Expenditures | pdf | html

2015-16 Personnel Expenditures | pdf

Current Operating Expenditures

2013-14 Operating Expenditures | pdf | html

2014-15 Operating Expenditures | pdf | html

2015-16 Operating Expenditures | pdf

ESP Expenditures

2013-14 ESP Expenditures | pdf | html

2014-15 ESP Expenditures | pdf | html

2015-16 ESP Expenditures | pdf

ESP Operating Expenditures

2013-14 ESP Operating Expenditures | pdf | html

2014-15 ESP Operating Expenditures | pdf | html

2015-16 ESP Operating Expenditures | pdf

Accounts Payable

2014-15 Accounts Payable | pdf | html

2015-16 Accounts Payable | pdf

Current Bargaining Agreements

Does Not Apply

Employer Sponsored Health Care Plans

Employer Sponsored
Health Care Plans
2015-2016
Teachers Administration Paraprofessional Transportation

Medical

Aetna Open Choice PPO Aetna Open Choice PPO Aetna Open Choice PPO N/A
Life Mutual of Omaha Mutual of Omaha Mutual of Omaha N/A
Dental Mutual of Omaha Mutual of Omaha Mutual of Omaha N/A
Vision Aetna Aetna Aetna N/A 
    • The Romine Group, the employer of all persons working at Madison Academy, offers a benefit package to it's full time, contract staff. The package of benefits includes health, dental, vision, term life, and long-term-disability. In addition, most employees are able to participate in a 401k retirement plan
    • Employee Benefits at Madison Academy | pdf | html

Health Care Bids

Public Act 106 of 2007 states that public employers are required to solicit at least 4 bids every 3 years when establishing, renewing or continuing a health benefit plan for their employees. The academy has no employees, so is not a public employer providing health care benefits.

Audited Financial Statements

Audit for 2012-13 | pdf | html

Audit Management Letter 2012-13 | pdf | html

Audit for 2013-14 | pdf | html

Audit Management Letter 2013-14 | pdf | html

Audit for 2014-15 | pdf | html

Audit Management Letter 2014-15 | pdf | html

Audit for 2015-16 | pdf

Audit Management Letter 2015-16 | pdf

SAS 114 Letter 2014-15 | pdf | html

SAS 114 Letter 2015-16 | pdf

Employee Compensation Information

2016-2017 List of Qualifying Employees | pdf

District Paid Association Fees

The district is not part of an association.

District Paid Lobbying Costs

The district has not expended any money toward lobbying costs.

Approved Deficit Elimination Plan

Does Not Apply

District Credit Card Information

Does Not Apply

District Paid Out-Of-State Travel Information

Does Not Apply

Long Term Debt Service

Long Term Debt Obligation | pdf

Days of Instruction

188 Days

Policies

Procurement Policy | pdf | html

Reimbursement Policy | pdf | html

Salary Data 2012-13 2013-14 2014-15
Superintendent      
Maximum $85,000 $60,000 $70,000
Average $85,000 $60,000 $70,000
Minimum $85,000 $60,000 $70,000
Principals      
Maximum $85,000 $60,000 $70,000
Average $85,000 $57,000 $70,000
Minimum $85,000 $54,000 $70,000
Teachers      
Maximum $37,740 $67,002 $67,672
Average $34,170 $48,501 $48,836
Minimum $30,600 $30,000 $30,000

Charter Contract

Charter Contract | pdf

ESP Agreement

ESP Agreement | pdf | html

Occupancy Permits

Elementary Certificate of Occupancy | pdf | html

High School Certificate of Occupancy | pdf | html

Copy of Deed

Deed is held by bond holders

Educator Evaluation

CDFT - Michigan Educator Evaluation Postings and Assurances

MLPS - School Leader Michigan Educator Evaluation Postings and Assurances