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      230    341    $1,487,018     111    $472,153
    i. K-5  1.00  $4,085.30  0    0    $0     0    $0
    ii. 6-8  1.08  $4,412.45  230    255    $1,125,176     25    $110,311
    iii. 9-12  1.03  $4,207.47  0    86    $361,842     86    $361,842
Need Weight Total      41    120    $436,399     79    $253,969
II. Academic Intervention      0    48    $77,223     48    $77,223
    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    14    $28,612     14    $28,612
    b. Below Standards  0.35  $1,429.75  0    34    $48,612     34    $48,612
    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)      4    5    $10,218     1    $2,044
    i. K-5  0.40  $1,633.71  0    0    $0     0    $0
    ii. 6-8  0.50  $2,043.69  4    5    $10,218     1    $2,044
    iii. 9-12  0.50  $2,043.69  0    0    $0     0    $0
IV. Special Education Services      37    67    $348,957     30    $174,702
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  18    26    $59,488     8    $18,304
    b. 21% to 59%  1.25  $5,109.00  1    1    $5,109     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  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  18    30    $213,270     12    $85,308
    d. 9-12 Filled Seats  1.74  $7,109.00  0    10    $71,090     10    $71,090
V. Portfolio      230    341    $166,987     111    $54,356
    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  230    341    $166,987     111    $54,356
    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   320.64     511.69     $2,090,404     191.05     $780,479
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
511.69 x $34.80 + $17,809        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $2,333,213        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $1,540,347
Register Change          
  Fair Student Funding Register Formula s   $780,479    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 100.00%    
  Register Change Allocation Based on School's Percent of Formula h     + $780,479
Adjustment for System-wide Teacher Salary Growth i     + $17,809
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $2,338,635
FY13 Final Percent of Formula                   ($2,338,635 - $225,000) k       100.26%
                      ($2,333,213 - $225,000)