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      842    858    $3,505,187     16    $65,365
    i. K-5  1.00  $4,085.30  842    858    $3,505,187     16    $65,365
    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      877    869    $1,284,014     (8)    ($54,480)
II. Academic Intervention      559    561    $275,022     2    $980
    i. Poverty  0.12  $490.24  559    561    $275,022     2    $980
    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)      190    190    $310,404     0    $0
    i. K-5  0.40  $1,633.71  190    190    $310,404     0    $0
    ii. 6-8  0.50  $2,043.69  0    0    $0     0    $0
    iii. 9-12  0.50  $2,043.69  0    0    $0     0    $0
IV. Special Education Services      128    118    $698,587     (10)    ($55,460)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  11    8    $18,304     (3)    ($6,864)
    b. 21% to 59%  1.25  $5,109.00  0    0    $0     0    $0
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,824.00  50    47    $226,728     (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  8    4    $34,124     (4)    ($34,124)
    b. 1-5 Filled Seats  1.74  $7,109.00  59    59    $419,431     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  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   1,169.64     1,172.30     $4,789,201     2.66     $10,885
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
1,172.30 x $34.80 + $40,801        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $5,055,002        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $4,106,254
Register Change          
  Fair Student Funding Register Formula s   $10,885    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 81.23%    
  Register Change Allocation Based on School's Percent of Formula h     + $8,842
Adjustment for System-wide Teacher Salary Growth i     + $40,801
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $4,155,897
FY13 Final Percent of Formula                   ($4,155,897 - $225,000) k       81.38%
                      ($5,055,002 - $225,000)