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      893    877    $3,582,808     (16)    ($65,692)
    i. K-5  1.00  $4,085.30  892    877    $3,582,808     (15)    ($61,279)
    ii. 6-8  1.08  $4,412.45  1    0    $0     (1)    ($4,412)
    iii. 9-12  1.03  $4,207.47  0    0    $0     0    $0
Need Weight Total      719    698    $1,076,089     (21)    $60,113
II. Academic Intervention      478    440    $215,704     (38)    ($18,629)
    i. Poverty  0.12  $490.24  478    440    $215,704     (38)    ($18,629)
    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)      143    143    $233,620     0    ($2,870)
    i. K-5  0.40  $1,633.71  136    143    $233,620     7    $11,436
    ii. 6-8  0.50  $2,043.69  7    0    $0     (7)    ($14,306)
    iii. 9-12  0.50  $2,043.69  0    0    $0     0    $0
IV. Special Education Services      98    115    $626,765     17    $81,612
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  14    18    $41,184     4    $9,152
    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  43    48    $231,552     5    $24,120
    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  10    4    $34,124     (6)    ($51,186)
    b. 1-5 Filled Seats  1.74  $7,109.00  31    45    $319,905     14    $99,526
    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   1,141.77     1,140.41     $4,658,897     (1.37)     ($5,579)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
1,140.41 x $34.80 + $39,691        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $4,923,588        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $4,264,175
Register Change          
  Fair Student Funding Register Formula s   ($5,579)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 86.59%    
  Register Change Allocation Based on School's Percent of Formula h     + ($4,831)
Adjustment for System-wide Teacher Salary Growth i     + $39,691
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $4,299,035
FY13 Final Percent of Formula                   ($4,299,035 - $225,000) k       86.71%
                      ($4,923,588 - $225,000)