Last night, the Yavneh Academy Board passed the budget for the upcoming 2012-13 fiscal year.
I am pleased to report that, thanks to our adherence to a balanced budget, Yavneh Academy is fiscally sound. As a result of hard work and cooperation by Rabbi Knapp, Joel Kirschner,our Finance committee Chairman - Adam Fried, and others, we have once again struck the right balance between educational excellence and fiscal responsibility.
Yavneh broke new historic ground by being the first local Yeshiva Day School to cut tuition last year, and we continue to live up to our reputation for fiscal responsibility and affordable excellence by being the first school in the area to cut tuition two years in a row. The budget includes provisions for continuation of the recent significant cut in Early Childhood tuition (Pre K and Kindergarten) , a $100 tuition cut for grades 1-5 and a freeze on tuition for grades 6-8.
The new budget also provides for a raise for our hardworking faculty, a new Early Childhood Hebrew Immersion Specialist, and, for the first time in our history, a Development Director who will work side by side with Joel Kirschner, Rabbi Knapp, and our Development Committee to improve Yavneh’s fundraising efforts to ensure a Yeshiva Day School education for all who want it.
Great things are happening at Yavneh, and I encourage you to get involved in your children’s school, not only for their benefit, but for the benefit of generations to come.
Wishing everyone a wonderful end of year, and best of luck on the remainder of the academic success,
Eric Fremed
President, Yavneh Academy
