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      384    346    $1,475,257     (38)    ($159,474)
    i. K-5  1.00  $4,085.30  0    0    $0     0    $0
    ii. 6-8  1.08  $4,412.45  93    95    $419,183     2    $8,825
    iii. 9-12  1.03  $4,207.47  291    251    $1,056,074     (40)    ($168,299)
Need Weight Total      369    362    $790,626     (7)    $122,159
II. Academic Intervention      266    243    $336,145     (23)    ($46,978)
    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  24    19    $38,830     (5)    ($10,218)
    b. Below Standards  0.35  $1,429.75  24    30    $42,893     6    $8,579
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,633.71  126    93    $151,935     (33)    ($53,912)
    b. Below Standards  0.25  $1,020.81  92    98    $100,039     6    $6,125
    iv. Heavy Graduation Challenge OTC  0.20  $816.30  0    3    $2,449     3    $2,449
III. English Language Learner (ELL)      37    38    $77,660     1    $2,044
    i. K-5  0.40  $1,633.71  0    0    $0     0    $0
    ii. 6-8  0.50  $2,043.69  9    9    $18,393     0    $0
    iii. 9-12  0.50  $2,043.69  28    29    $59,267     1    $2,044
IV. Special Education Services      66    81    $376,820     15    $167,094
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  20    20    $45,760     0    $0
    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  20    3    $14,472     (17)    ($82,008)
    b. 9-12 Filled Seats  0.58  $2,386.16  24    19    $45,337     (5)    ($11,931)
    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    21    $149,289     21    $149,289
    d. 9-12 Filled Seats  1.74  $7,109.00  0    15    $106,635     15    $106,635
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   563.78     554.64     $2,265,883     (9.13)     ($37,314)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
554.64 x $34.80 + $19,304        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $2,510,187        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $2,175,401
Register Change          
  Fair Student Funding Register Formula s   ($37,314)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 84.68%    
  Register Change Allocation Based on School's Percent of Formula h     + ($31,599)
Adjustment for System-wide Teacher Salary Growth i     + $19,304
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $2,163,106
FY13 Final Percent of Formula                   ($2,163,106 - $225,000) k       84.81%
                      ($2,510,187 - $225,000)