Friday 9 November 2012

How Close Are We.....do the math!

An installed playground for a school the size of Westmount carries a price tag of approximately $189,000 dollars.   This number is quite daunting at first glance.  So I thought that perhaps maybe we should break down the numbers.... 

1.  First of all we are eligible to apply for matching government grants.  So if we raise $95,000 we can apply for a $95, 000 grant .

2.  The Friends of Okotoks Westmount School Society has raised almost $25 000 to date through various fundraisers and donations

3.  In addition to the $25, 000 we have there is approximately $36, 000 in trust with the Foothills School Division that is to be used towards the playground but is not eligible for the matching grant.   

4. There are 693 students at Westmount school, when you break it all down we really not very far away from reaching our goal to have a playground installed by the end of the 2012-13 school year.

We  Need   $189, 000
We have in Trust with Foothills School Division   $36, 000

This being said we now need $153, 000
Divide this number by 2 to get the total we need to raise for matching grant $76, 500

$76, 500 minus the $25, 000 we already have = $51, 500

$51, 500 divided by 693 (number of students) $74.31 per student!

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