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      382    363    $1,545,349     (19)    ($80,967)
    i. K-5  1.00  $4,085.30  0    0    $0     0    $0
    ii. 6-8  1.08  $4,412.45  93    88    $388,296     (5)    ($22,062)
    iii. 9-12  1.03  $4,207.47  289    275    $1,157,053     (14)    ($58,905)
Need Weight Total      373    344    $756,179     (29)    ($90,289)
II. Academic Intervention      290    265    $368,822     (25)    ($55,570)
    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  34    22    $44,961     (12)    ($24,524)
    b. Below Standards  0.35  $1,429.75  34    31    $44,322     (3)    ($4,289)
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,633.71  130    104    $169,905     (26)    ($42,476)
    b. Below Standards  0.25  $1,020.81  92    105    $107,185     13    $13,270
    iv. Heavy Graduation Challenge OTC  0.20  $816.30  0    3    $2,449     3    $2,449
III. English Language Learner (ELL)      17    16    $32,699     (1)    ($2,044)
    i. K-5  0.40  $1,633.71  0    0    $0     0    $0
    ii. 6-8  0.50  $2,043.69  7    6    $12,262     (1)    ($2,044)
    iii. 9-12  0.50  $2,043.69  10    10    $20,437     0    $0
IV. Special Education Services      66    63    $354,657     (3)    ($32,675)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  5    4    $9,152     (1)    ($2,288)
    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  12    12    $57,888     0    $0
    b. 9-12 Filled Seats  0.58  $2,386.16  6    9    $21,475     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  7    7    $49,763     0    $0
    d. 9-12 Filled Seats  1.74  $7,109.00  35    29    $206,161     (6)    ($42,654)
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   605.29     563.37     $2,301,528     (41.92)     ($171,255)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
563.37 x $34.80 + $19,608        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $2,546,136        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $2,407,636
Register Change          
  Fair Student Funding Register Formula s   ($171,255)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 88.27%    
  Register Change Allocation Based on School's Percent of Formula h     + ($151,161)
Adjustment for System-wide Teacher Salary Growth i     + $19,608
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $2,276,083
FY13 Final Percent of Formula                   ($2,276,083 - $225,000) k       88.37%
                      ($2,546,136 - $225,000)