| Table 5: Calculation of a 2003-2004 Adjusted Average Teacher
Salary Target for Louisiana |
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Projected 2003-2004 Average Teacher Salary |
|
2001 Cost of Living Index (COL) |
|
Salary Adjusted for Cost of
Living Index |
|
1999-2000 Percent of Teachers
with More than B.A. |
Original More than BA Data |
Training Adjustment Factor (TAF) |
|
Salary Adjusted for COL and TAF |
|
1997-98 AFT Average Years of
Experience |
|
Experience Adjustment Factor
(EAF) |
|
Salary Adjusted for COL, TAF and
EAF |
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|
(1) |
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(3) |
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(4) |
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(5) |
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(6) |
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(7) |
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(8) |
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(9) |
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(10) |
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| Louisiana |
$38,600 |
|
100 |
|
$38,600 |
|
|
33.1% |
|
1.0331
|
|
$38,600 |
|
|
14.1 |
|
1.2820 |
|
$38,600 |
#REF! |
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| Alabama |
$41,500 |
|
101.5 |
|
$40,887
|
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54.3% |
|
1.0543 |
|
$40,065
|
|
|
14.7 |
|
1.2940 |
|
$39,693
|
#REF! |
| Arkansas |
$37,200 |
|
95.9 |
|
$38,790
|
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36.5% |
|
1.0365 |
|
$38,663
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|
15.0 |
|
1.3000 |
|
$38,128
|
#REF! |
| Delaware |
$49,900 |
|
109.7 |
|
$45,488
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48.1% |
|
1.0481 |
|
$44,837
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15.6 |
|
1.3120 |
|
$43,811
|
#REF! |
| Florida |
$40,300 |
|
105.7 |
|
$38,127
|
|
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39.9% |
|
1.0399 |
|
$37,877
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|
14.3 |
|
1.2860 |
|
$37,760
|
#REF! |
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| Georgia |
$47,700 |
|
106.1 |
|
$44,958
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47.4% |
|
1.0474
|
|
$44,344
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13.5 |
|
1.2700 |
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$44,763
|
#REF! |
| Kentucky |
$39,400 |
|
97.1 |
|
$40,577
|
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|
70.8% |
|
1.0708 |
|
$39,148
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15.3 |
|
1.3060 |
|
$38,429
|
#REF! |
| Maryland |
$47,100 |
|
112.3 |
|
$41,941
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46.3% |
|
1.0463 |
|
$41,412
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|
16.3 |
|
1.3260 |
|
$40,038
|
#REF! |
| Mississippi |
$36,100 |
|
99.0 |
|
$36,465
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27.1% |
|
1.0271
|
|
$36,678
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|
14.4 |
|
1.2880 |
|
$36,507
|
#REF! |
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| North Carolina |
$46,500 |
|
104.2 |
|
$44,626
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36.2% |
|
1.0362 |
|
$44,492
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14.5 |
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1.2900 |
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$44,216
|
#REF! |
| Oklahoma |
$36,100 |
|
95.8 |
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$37,683
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38.6% |
|
1.0386 |
|
$37,483
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14.2 |
|
1.2840 |
|
$37,425
|
#REF! |
| South Carolina |
$40,500 |
|
104.3 |
|
$38,830
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49.7% |
|
1.0497
|
|
$38,216
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14.5 |
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1.2900 |
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$37,979
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#REF! |
| Tennessee |
$39,900 |
|
98.5 |
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$40,508
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53.9% |
|
1.0539
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$39,708
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15.5 |
|
1.3100 |
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$38,859
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#REF! |
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| Texas |
$41,900 |
|
98.9 |
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$42,366
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28.0% |
|
1.0280 |
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$42,576
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13.3 |
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1.2660 |
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$43,114
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#REF! |
| Virginia |
$42,800 |
|
102.6 |
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$41,715
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31.0% |
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1.0310
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$41,800
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14.7 |
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1.2940 |
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$41,413
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#REF! |
| West Virginia |
$37,900 |
|
96.8 |
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$39,153
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51.6% |
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1.0516
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$38,464
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16.9 |
|
1.3380 |
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$36,854
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#REF! |
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| Weighted By Number of Teachers |
#REF! |
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#REF! |
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#REF! |
# |
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#REF! |
#REF! |
| Simple Average |
$41,463 |
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$40,670 |
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|
$40,273 |
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$39,849 |
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| Average
teacher salaries are projections in current dollars developed by Systems
Solutions Consulting (August 2001) |
2004-2005 Target, Based upon
a 3.1% average salary increase in 2002-2003 +SREB Difference |
|
$2,446 |
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| NEA
- National Education Association. |
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| AFT
- American Federation of Teachers. |
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| NCES
- National Center for Education Statistics. |
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| Percent Teachers
with Greater than BA: SREB State
Departments of Education or Instruction |
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| State
Cost-of-Living Index is for the 4th Quarter of 2000 and 1st Quarter of 2001 |
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If
2003-2004 target is achieved, maintenance increase is: |
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$1,100
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| UPDATED AUGUST 2001 |
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