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      840    881    $3,599,149     41    $167,497
    i. K-5  1.00  $4,085.30  840    881    $3,599,149     41    $167,497
    ii. 6-8  1.08  $4,412.45  0    0    $0     0    $0
    iii. 9-12  1.03  $4,207.47  0    0    $0     0    $0
Need Weight Total      1,130    1,055    $1,355,643     (75)    ($48,969)
II. Academic Intervention      710    624    $305,907     (86)    ($42,160)
    i. Poverty  0.12  $490.24  710    624    $305,907     (86)    ($42,160)
    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  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)      309    341    $557,094     32    $39,159
    i. K-5  0.40  $1,633.71  277    341    $557,094     64    $104,557
    ii. 6-8  0.50  $2,043.69  32    0    $0     (32)    ($65,398)
    iii. 9-12  0.50  $2,043.69  0    0    $0     0    $0
IV. Special Education Services      111    90    $492,642     (21)    ($45,968)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  26    8    $18,304     (18)    ($41,184)
    b. 21% to 59%  1.25  $5,109.00  4    2    $10,218     (2)    ($10,218)
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,824.00  55    52    $250,848     (3)    ($14,472)
    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  6    10    $85,310     4    $34,124
    b. 1-5 Filled Seats  1.74  $7,109.00  20    18    $127,962     (2)    ($14,218)
    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  0    0    $0     0    $0
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   1,183.82     1,212.83     $4,954,792     29.01     $118,528
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
1,212.83 x $34.80 + $42,212        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $5,222,004        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $4,304,708
Register Change          
  Fair Student Funding Register Formula s   $118,528    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 84.36%    
  Register Change Allocation Based on School's Percent of Formula h     + $99,986
Adjustment for System-wide Teacher Salary Growth i     + $42,212
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $4,446,906
FY13 Final Percent of Formula                   ($4,446,906 - $225,000) k       84.49%
                      ($5,222,004 - $225,000)