Schools with budgets above their Fair Student Funding formula level will continue to be held harmless compared to the funding they would have received before Fair Student Funding. To begin, these schools will receive their 2008–09 school year FSF formula funding, plus their 2007–08 school year “hold harmless.” The weights did not change this year, but the per capita amounts associated with them did change as a result of additional funds for the several collective bargaining increases. Therefore, many schools will see increases in their FSF allocations. Some schools may see reductions in their FSF allocation due to decreased enrollment or need levels of their students. As mentioned above, the Hold Harmless will be unaffected this year and allocated at the same level for all schools as it was in 2007–08.
In the future, if the weights change and increase a school’s purchasing power, the school will receive either an increase from Fair Student Funding or that same amount through their existing “hold harmless” allocation, but not both.
Over-formula Schools’ Funding Can Increase or Decrease