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      3,084    2,714    $11,419,060     (370)    ($1,556,762)
    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  3,084    2,714    $11,419,060     (370)    ($1,556,762)
Need Weight Total      3,639    3,200    $5,724,207     (439)    ($854,090)
II. Academic Intervention      1,846    1,581    $1,993,874     (265)    ($476,467)
    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  956    652    $1,065,176     (304)    ($496,647)
    b. Below Standards  0.25  $1,020.81  890    833    $850,332     (57)    ($58,186)
    iv. Heavy Graduation Challenge OTC  0.20  $816.30  0    96    $78,365     96    $78,365
III. English Language Learner (ELL)      1,452    1,277    $2,609,786     (175)    ($357,645)
    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  1,452    1,277    $2,609,786     (175)    ($357,645)
IV. Special Education Services      341    342    $1,120,547     1    ($19,977)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  66    81    $185,329     15    $34,320
    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  204    194    $462,915     (10)    ($23,862)
    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  70    65    $462,085     (5)    ($35,545)
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   4,786.46     4,196.33     $17,143,267     (590.13)     ($2,410,852)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
4,196.33 x $34.80 + $146,052        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $17,514,319        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $15,933,003
Register Change          
  Fair Student Funding Register Formula s   ($2,410,852)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 80.33%    
  Register Change Allocation Based on School's Percent of Formula h     + ($1,936,659)
Adjustment for System-wide Teacher Salary Growth i     + $146,052
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $14,142,396
FY13 Final Percent of Formula                   ($14,142,396 - $225,000) k       80.50%
                      ($17,514,319 - $225,000)