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      903    802    $3,374,387     (101)    ($424,954)
    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  903    802    $3,374,387     (101)    ($424,954)
Need Weight Total      781    726    $1,282,846     (55)    ($114,194)
II. Academic Intervention      636    581    $738,549     (55)    ($103,134)
    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  314    239    $390,456     (75)    ($122,528)
    b. Below Standards  0.25  $1,020.81  322    337    $344,012     15    $15,312
    iv. Heavy Graduation Challenge OTC  0.20  $816.30  0    5    $4,082     5    $4,082
III. English Language Learner (ELL)      13    18    $36,786     5    $10,218
    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  13    18    $36,786     5    $10,218
IV. Special Education Services      132    127    $507,510     (5)    ($21,278)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  35    34    $77,793     (1)    ($2,288)
    b. 21% to 59%  1.25  $5,109.00  0    0    $0     0    $0
    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  51    49    $116,922     (2)    ($4,772)
    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  46    44    $312,796     (2)    ($14,218)
V. Portfolio      903    813    $526,005     (90)    ($49,845)
    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  652    624    $433,376     (28)    ($19,560)
    c. Business  0.12  $489.70  251    189    $92,630     (62)    ($30,284)
    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   1,412.93     1,268.75     $5,183,238     (144.17)     ($588,993)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
1,268.75 x $34.80 + $44,158        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $5,452,396        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $5,803,557
Register Change          
  Fair Student Funding Register Formula s   ($588,993)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 96.64%    
  Register Change Allocation Based on School's Percent of Formula h     + ($569,231)
Adjustment for System-wide Teacher Salary Growth i     + $44,158
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $5,278,484
FY13 Final Percent of Formula                   ($5,278,484 - $225,000) k       96.67%
                      ($5,452,396 - $225,000)