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      376    393    $1,653,534     17    $71,527
    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  376    393    $1,653,534     17    $71,527
Need Weight Total      360    412    $879,903     52    $80,483
II. Academic Intervention      266    293    $368,963     27    $10,397
    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  142    120    $196,045     (22)    ($35,942)
    b. Below Standards  0.25  $1,020.81  124    155    $158,225     31    $31,645
    iv. Heavy Graduation Challenge OTC  0.20  $816.30  0    18    $14,693     18    $14,693
III. English Language Learner (ELL)      28    46    $94,010     18    $36,786
    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  28    46    $94,010     18    $36,786
IV. Special Education Services      66    73    $416,930     7    $33,300
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  13    16    $36,608     3    $6,864
    b. 21% to 59%  1.25  $5,109.00  2    3    $15,327     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  4    4    $9,545     0    $0
    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  47    50    $355,450     3    $21,327
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   582.93     620.13     $2,533,436     37.21     $152,010
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
620.13 x $34.80 + $21,584        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $2,780,020        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $2,244,833
Register Change          
  Fair Student Funding Register Formula s   $152,010    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 84.82%    
  Register Change Allocation Based on School's Percent of Formula h     + $128,929
Adjustment for System-wide Teacher Salary Growth i     + $21,584
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $2,395,346
FY13 Final Percent of Formula                   ($2,395,346 - $225,000) k       84.94%
                      ($2,780,020 - $225,000)