Thursday, September 30, 2010

Museum Math

"Civil rights museum cuts five from staff

Five full-time employees, including an assistant to the curator and an information technology specialist, have lost their jobs as part of a restructuring at the International Civil Rights Center & Museum...

The move, which could shave $250,000 from the $3.1 million operating budget...

The museum, with nine full-time and 11 part-time positions remaining..."

Nancy McLaughlin
Greensboro News & Record

.
If 5 lost jobs could save $250,000, 5 / $250,000 = $50,000 per full time position

If there are 9 full time employees 9 x $50,000 = $450,000

If 11 part times positions pay $12,500 each, 11 x $12,500 = $137,500

If $450,000 + $250,000 + $137,500 = a $837,500 payroll,
with a $3.1 million budget...

$3,100,000 - $837,500 = $2,262,500

On what is the museum spending $2,262,500 every year?

3 comments:

Anonymous said...

Skip and Earl.

jaycee said...

Skip needs new carpet.
Oh, yeah...and gold plated faucets.

Anonymous said...

Maybe Bruce's tax increase will now involve extra cash kickbacks to funnel money to Skip, Earl...and now Bruce.

Vote no to the Bruce Davis tax increase!

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