School Budget Overview

 Fair Student Funding Budget For 2012-13 School Year



(*)To print in Internet Explorer, in Paper Options use "Enable Shrink-to-Fit" and in Page Setup and set the print margins to .25

Fair Student Funding Formula Overview l m n   o   p
o * m
  q
o - n
  r
q * m
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      439    438    $1,843,996     (1)    ($1,795)
    i. K-5  1.00  $4,085.30  279    271    $1,107,116     (8)    ($32,682)
    ii. 6-8  1.08  $4,412.45  160    167    $736,880     7    $30,887
    iii. 9-12  1.03  $4,207.47  0    0    $0     0    $0
Need Weight Total      609    650    $905,388     41    $77,308
II. Academic Intervention      358    378    $185,309     20    $9,805
    i. Poverty  0.12  $490.24  358    378    $185,309     20    $9,805
    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  0    0    $0     0    $0
    b. Below Standards  0.25  $1,020.81  0    0    $0     0    $0
    iv. Heavy Graduation Challenge OTC  0.20  $816.30  0    0    $0     0    $0
III. English Language Learner (ELL)      207    217    $385,263     10    $21,667
    i. K-5  0.40  $1,633.71  145    142    $231,986     (3)    ($4,901)
    ii. 6-8  0.50  $2,043.69  62    75    $153,276     13    $26,568
    iii. 9-12  0.50  $2,043.69  0    0    $0     0    $0
IV. Special Education Services      44    55    $334,816     11    $45,836
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  6    11    $25,168     5    $11,440
    b. 21% to 59%  1.25  $5,109.00  1    0    $0     (1)    ($5,109)
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,824.00  0    2    $9,648     2    $9,648
    b. 9-12 Filled Seats  0.58  $2,386.16  0    0    $0     0    $0
    iii. Special Education >= 60% Integrated                      
    a. K Filled Seats  2.09  $8,531.00  5    1    $8,531     (4)    ($34,124)
    b. 1-5 Filled Seats  1.74  $7,109.00  32    32    $227,488     0    $0
    c. 6-8 Filled Seats  1.74  $7,109.00  0    9    $63,981     9    $63,981
    d. 9-12 Filled Seats  1.74  $7,109.00  0    0    $0     0    $0
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   654.51     672.99     $2,749,384     18.48     $75,512
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
672.99 x $34.80 + $23,423        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $2,997,807        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $2,567,895
Register Change          
  Fair Student Funding Register Formula s   $75,512    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 87.62%    
  Register Change Allocation Based on School's Percent of Formula h     + $66,165
Adjustment for System-wide Teacher Salary Growth i     + $23,423
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $2,657,483
FY13 Final Percent of Formula                   ($2,657,483 - $225,000) k       87.73%
                      ($2,997,807 - $225,000)