School Budget Overview

 Fair Student Funding Budget For 2012-13 School Year



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Fair Student Funding Formula Overview l m n   o   p
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Fair Student Funding Weighted Register Formula FY13
Weight
FY13 Per Capita without Funding for System-wide Teacher Salary Growth* FY12
Actual Registers
  FY13 Projected   Register Change
  Register   Formula   Register   Formula
I. Grade Weight      3,047    3,069    $12,912,710     22    $92,564
    i. K-5  1.00  $4,085.30  0    0    $0     0    $0
    ii. 6-8  1.08  $4,412.45  0    0    $0     0    $0
    iii. 9-12  1.03  $4,207.47  3,047    3,069    $12,912,710     22    $92,564
Need Weight Total      3,033    2,997    $5,796,391     (36)    ($106,973)
II. Academic Intervention      1,747    1,676    $2,124,980     (71)    ($194,044)
    i. Poverty  0.12  $490.24  0    0    $0     0    $0
    ii. Achievement (4-5)                      
    a. Well Below Standards  0.40  $1,633.71  0    0    $0     0    $0
    b. Below Standards  0.25  $1,020.81  0    0    $0     0    $0
    iii. Achievement (6-8)                      
    a. Well Below Standards  0.50  $2,043.69  0    0    $0     0    $0
    b. Below Standards  0.35  $1,429.75  0    0    $0     0    $0
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,633.71  874    689    $1,125,623     (185)    ($302,236)
    b. Below Standards  0.25  $1,020.81  873    947    $966,704     74    $75,540
    iv. Heavy Graduation Challenge OTC  0.20  $816.30  0    40    $32,652     40    $32,652
III. English Language Learner (ELL)      812    774    $1,581,812     (38)    ($77,660)
    i. K-5  0.40  $1,633.71  0    0    $0     0    $0
    ii. 6-8  0.50  $2,043.69  0    0    $0     0    $0
    iii. 9-12  0.50  $2,043.69  812    774    $1,581,812     (38)    ($77,660)
IV. Special Education Services      474    547    $2,089,599     73    $164,731
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  120    196    $448,451     76    $173,889
    b. 21% to 59%  1.25  $5,109.00  1    2    $10,218     1    $5,109
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,824.00  0    0    $0     0    $0
    b. 9-12 Filled Seats  0.58  $2,386.16  183    180    $429,509     (3)    ($7,158)
    iii. Special Education >= 60% Integrated                      
    a. K Filled Seats  2.09  $8,531.00  0    0    $0     0    $0
    b. 1-5 Filled Seats  1.74  $7,109.00  0    0    $0     0    $0
    c. 6-8 Filled Seats  1.74  $7,109.00  0    0    $0     0    $0
    d. 9-12 Filled Seats  1.74  $7,109.00  170    169    $1,201,421     (1)    ($7,109)
V. Portfolio      0    0    $0     0    $0
    i. Career and Technical Education                      
    a. Nursing  0.26  $1,062.22  0    0    $0     0    $0
    b. Health / Trade / Technical  0.17  $694.69  0    0    $0     0    $0
    c. Business  0.12  $489.70  0    0    $0     0    $0
    d. Home Economics / Art  0.05  $203.95  0    0    $0     0    $0
    ii. Specialized Academic  0.25  $1,020.81  0    0    $0     0    $0
    iii. Specialized Audition  0.35  $1,429.75  0    0    $0     0    $0
    iv. Transfer School                      
    a. Heavy Graduation Challenge  0.40  $1,633.71  0    0    $0     0    $0
    b. Regular Graduation Challenge  0.30  $1,242.01  0    0    $0     0    $0
TOTAL FAIR STUDENT FUNDING WEIGHTED REGISTER AND FORMULA   4,583.14     4,579.62     $18,709,101     (3.53)     ($14,409)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
4,579.62 x $34.80 + $159,392        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $19,093,493        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $15,843,511
Register Change          
  Fair Student Funding Register Formula s   ($14,409)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 83.42%    
  Register Change Allocation Based on School's Percent of Formula h     + ($12,019)
Adjustment for System-wide Teacher Salary Growth i     + $159,392
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $15,990,884
FY13 Final Percent of Formula                   ($15,990,884 - $225,000) k       83.56%
                      ($19,093,493 - $225,000)