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      586    604    $2,596,656     18    $75,529
    i. K-5  1.00  $4,085.30  0    0    $0     0    $0
    ii. 6-8  1.08  $4,412.45  271    270    $1,191,363     (1)    ($4,412)
    iii. 9-12  1.03  $4,207.47  315    334    $1,405,293     19    $79,942
Need Weight Total      319    309    $853,167     (10)    $13,045
II. Academic Intervention      201    194    $274,276     (7)    ($22,905)
    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  32    12    $24,524     (20)    ($40,874)
    b. Below Standards  0.35  $1,429.75  58    56    $80,066     (2)    ($2,860)
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,633.71  58    67    $109,458     9    $14,703
    b. Below Standards  0.25  $1,020.81  53    59    $60,228     6    $6,125
    iv. Heavy Graduation Challenge OTC  0.20  $816.30  0    0    $0     0    $0
III. English Language Learner (ELL)      47    40    $81,747     (7)    ($14,306)
    i. K-5  0.40  $1,633.71  0    0    $0     0    $0
    ii. 6-8  0.50  $2,043.69  34    27    $55,180     (7)    ($14,306)
    iii. 9-12  0.50  $2,043.69  13    13    $26,568     0    $0
IV. Special Education Services      71    75    $497,143     4    $50,256
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  12    7    $16,016     (5)    ($11,440)
    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    1    $4,824     1    $4,824
    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  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  33    34    $241,706     1    $7,109
    d. 9-12 Filled Seats  1.74  $7,109.00  26    33    $234,597     7    $49,763
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   822.77     844.45     $3,449,823     21.68     $88,575
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
844.45 x $34.80 + $29,391        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $3,704,214        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $3,180,634
Register Change          
  Fair Student Funding Register Formula s   $88,575    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 87.93%    
  Register Change Allocation Based on School's Percent of Formula h     + $77,886
Adjustment for System-wide Teacher Salary Growth i     + $29,391
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $3,287,911
FY13 Final Percent of Formula                   ($3,287,911 - $225,000) k       88.03%
                      ($3,704,214 - $225,000)