Cost Analysis
| Cost Model Assumptions: | |
| Number of Students, Pre-K through 12 | 1,195,728 |
| Number of Students, K through 12 | 1,186,323 |
| Number of Students, 1 through 12 | 1,091,836 |
| Average K-12 students per school: | 515 |
| Average teachers per school: | 37 |
| Average rooms per school: | 35 |
| Average schools per district: | 4 |
| Total public schools in New Jersey: | 2,302 |
| Days per school year: | 180 |
| Target computers per school: | 122 |
| (Based on 5:1 student plus 2:1 teacher allocation) |
| Total libraries in New Jersey: | 400 |
| Average population served per library: | 19,575 |
| Target computers per library: | 6 |
| (Based on 1 plus 1 4000:1 population allocation) | |
| Fraction of district computers in libraries: | 0.8% |
| Districts able to use cable I-net for networking: | 20% |
| Per School Cost Summary: | 5-Year Cost ($): | |
| Computer Equipment | 338,125 | 23% |
| Distance Learning Equipment | 203,950 | 14% |
| In-School Network | 50,330 | 3% |
| District Network | 32,132 | 2% |
| Internet Connection | 27,810 | 2% |
| Telephone system-on premises | 67,600 | 5% |
| Training | 370,556 | 25% |
| Support | 383,664 | 26% |
| Total: | 1,474,168 | 100% |
| Per Library Cost Summary: | 5-Year Cost ($): | |
| Computer System | 20,550 | 16% |
| In-Library Network | 3,360 | 3% |
| District Network | 32,132 | 25% |
| Internet Connection | 921 | 1% |
| Training | 15,413 | 12% |
| Support | 57,220 | 44% |
| Total: | 129,596 | 100% |
| Total Public Schools Cost, Five Years: | $3,393,534,387 |
| Total Public Schools Cost, per year: | $678,706,877 |
| Per Student Cost, per year: | $572 |
| Total Public Libraries Cost, Five Years: | $51,838,362 |
| Total Public Libraries Cost, per year: | $10,367,672 |
| Per Population Cost, per year: | $1.32 |
Funding Analysis:
| 1-Year Cost ($): | 5-Year Cost ($): | |
| Results from cost model: | ||
| Total Per School Cost: | 700,671 | 1,474,168 |
| Total Computer, Distance Learning, Other Equipment: | 414,075 | 542,075 |
| Total items subject to educational discount: | 378,775 | 378,775 |
| Total network costs (incl. telephone system): | 135,752 | 177,872 |
| Public Schools | |||
| first year cost/school | $700,671 | ||
| 5 yr cost/school | 1,474,168 | ||
| cost per student day ($) | 3.18 | ||
| cost per student/year | 572.11 | ||
| total cost 5 years | $3,393,534,387 | ||
| Minus 20% educ.product/srvs discount | $174,388,010 | ||
| Minus 5% donations/year | $33,935,344 | $169,676,719 |
$14,742 avg donation/school/year |
| Minus 2% residual sale | $67,870,688 | ||
| Minus 5% now installed | $169,676,719 | ||
| Minus money already allocated | $369,000,000 | ||
| New Money Required-public schools | $2,442,922,250 | ||
| Possible mgmt savings | $514,000,000 | assumes all saving programs are initiated | |
| Assume 50% actual savings | $257,000,000 | ||
| New Money Required after savings (100% saving) | $1,928,922,250 | ||
| New Money Required after savings (50% saving) | $2,185,922,250 | $369 per student/year |
| Private Schools | |||
| Pvt School 5 yr cost (full complement) | $455,581,991 | 75% of public school cost due to smaller physical size and salary structure | |
| Minus 20% educ. product/srvs discount | $12,802,595 | ||
| Minus 5% donations/year | $4,555,820 | $22,779,100 | |
| Minus 2% residual sale | $9,111,640 | ||
| Minus 5% now installed | $22,779,100 | ||
| New Money Required for non-public schl | $388,109,557 | ||
| Possible mgmt savings | $69,620,000 | ||
| New Money Required after savings | $318,489,557 |
| Pvt School 5 yr cost (network only) | $31,901,370 |
| Minus 3% donations/year | $957,041 |
| Minus 5% now installed | $1,595,069 |
| New Money Required for non-public schl | $29,349,260 |
| Possible mgmt savings | $2,868,229 |
| New Money Required after savings | $26,481,031 |