The Boston Public Schools has a $821.4 million general fund budget that serves 56,742 students throughout 134 schools. This year 82% of the budget or $671.6 million will be spent on employee salaries and benefits. Salaries for teachers totals $399.2 million or 49% of the total budget BPS budget. In FY11, $9.1 million is expected to be paid for teacher step increases. Teacher health insurance is budgeted at $52.5 million while the BTU Health and Welfare Fund totals $8.4 million.
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