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      428    421    $1,771,343     (7)    ($29,452)
    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  428    421    $1,771,343     (7)    ($29,452)
Need Weight Total      341    313    $717,989     (28)    ($91,832)
II. Academic Intervention      239    209    $255,026     (30)    ($58,818)
    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  114    68    $111,092     (46)    ($75,150)
    b. Below Standards  0.25  $1,020.81  125    141    $143,934     16    $16,333
    iv. Heavy Graduation Challenge OTC  0.20  $816.30  0    0    $0     0    $0
III. English Language Learner (ELL)      22    18    $36,786     (4)    ($8,175)
    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  22    18    $36,786     (4)    ($8,175)
IV. Special Education Services      80    86    $426,177     6    ($24,840)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  24    38    $86,945     14    $32,032
    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  0    0    $0     0    $0
    d. 9-12 Filled Seats  1.74  $7,109.00  55    47    $334,123     (8)    ($56,872)
V. Portfolio      428    421    $273,030     (7)    ($15,687)
    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  386    326    $226,606     (60)    ($41,543)
    c. Business  0.12  $489.70  42    95    $46,424     53    $25,857
    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   709.70     676.17     $2,762,362     (33.53)     ($136,971)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
676.17 x $34.80 + $23,534        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $3,010,896        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $2,916,731
Register Change          
  Fair Student Funding Register Formula s   ($136,971)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 92.84%    
  Register Change Allocation Based on School's Percent of Formula h     + ($127,163)
Adjustment for System-wide Teacher Salary Growth i     + $23,534
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $2,813,102
FY13 Final Percent of Formula                   ($2,813,102 - $225,000) k       92.90%
                      ($3,010,896 - $225,000)