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      415    410    $1,746,995     (5)    ($26,367)
    i. K-5  1.00  $4,085.30  0    0    $0     0    $0
    ii. 6-8  1.08  $4,412.45  133    107    $472,133     (26)    ($114,724)
    iii. 9-12  1.03  $4,207.47  282    303    $1,274,862     21    $88,357
Need Weight Total      417    416    $958,862     (1)    ($40,916)
II. Academic Intervention      295    288    $410,926     (7)    ($16,544)
    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  41    44    $89,922     3    $6,131
    b. Below Standards  0.35  $1,429.75  52    42    $60,050     (10)    ($14,298)
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,633.71  103    91    $148,667     (12)    ($19,604)
    b. Below Standards  0.25  $1,020.81  99    106    $108,206     7    $7,146
    iv. Heavy Graduation Challenge OTC  0.20  $816.30  0    5    $4,082     5    $4,082
III. English Language Learner (ELL)      35    42    $85,835     7    $14,306
    i. K-5  0.40  $1,633.71  0    0    $0     0    $0
    ii. 6-8  0.50  $2,043.69  12    9    $18,393     (3)    ($6,131)
    iii. 9-12  0.50  $2,043.69  23    33    $67,442     10    $20,437
IV. Special Education Services      87    86    $462,101     (1)    ($38,678)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  24    28    $64,064     4    $9,152
    b. 21% to 59%  1.25  $5,109.00  1    6    $30,654     5    $25,545
    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  27    15    $106,635     (12)    ($85,308)
    d. 9-12 Filled Seats  1.74  $7,109.00  35    36    $255,924     1    $7,109
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   678.81     662.34     $2,705,857     (16.47)     ($67,283)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
662.34 x $34.80 + $23,052        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $2,953,909        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $2,750,130
Register Change          
  Fair Student Funding Register Formula s   ($67,283)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 91.06%    
  Register Change Allocation Based on School's Percent of Formula h     + ($61,266)
Adjustment for System-wide Teacher Salary Growth i     + $23,052
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $2,711,916
FY13 Final Percent of Formula                   ($2,711,916 - $225,000) k       91.13%
                      ($2,953,909 - $225,000)