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      1,394    1,175    $4,943,771     (219)    ($921,435)
    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  1,394    1,175    $4,943,771     (219)    ($921,435)
Need Weight Total      1,566    1,277    $2,426,631     (289)    ($593,728)
II. Academic Intervention      1,144    938    $1,200,630     (206)    ($325,106)
    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  584    403    $658,383     (181)    ($295,701)
    b. Below Standards  0.25  $1,020.81  560    516    $526,737     (44)    ($44,916)
    iv. Heavy Graduation Challenge OTC  0.20  $816.30  0    19    $15,510     19    $15,510
III. English Language Learner (ELL)      180    134    $273,854     (46)    ($94,010)
    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  180    134    $273,854     (46)    ($94,010)
IV. Special Education Services      242    205    $952,147     (37)    ($174,612)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  61    54    $123,553     (7)    ($16,016)
    b. 21% to 59%  1.25  $5,109.00  1    2    $10,218     1    $5,109
    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  63    51    $121,694     (12)    ($28,634)
    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  117    98    $696,682     (19)    ($135,071)
V. Portfolio      1,394    1,175    $653,288     (219)    ($226,550)
    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  962    387    $268,927     (575)    ($399,363)
    c. Business  0.12  $489.70  432    783    $383,318     351    $171,769
    d. Home Economics / Art  0.05  $203.95  0    5    $1,043     5    $1,043
    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   2,390.38     1,964.04     $8,023,690     (426.34)     ($1,741,713)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
1,964.04 x $34.80 + $68,358        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $8,317,048        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $8,146,836
Register Change          
  Fair Student Funding Register Formula s   ($1,741,713)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 81.12%    
  Register Change Allocation Based on School's Percent of Formula h     + ($1,412,903)
Adjustment for System-wide Teacher Salary Growth i     + $68,358
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $6,802,291
FY13 Final Percent of Formula                   ($6,802,291 - $225,000) k       81.28%
                      ($8,317,048 - $225,000)