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      589    594    $2,436,155     5    $14,538
    i. K-5  1.00  $4,085.30  542    565    $2,308,194     23    $93,962
    ii. 6-8  1.08  $4,412.45  47    29    $127,961     (18)    ($79,424)
    iii. 9-12  1.03  $4,207.47  0    0    $0     0    $0
Need Weight Total      345    296    $552,413     (49)    ($36,381)
II. Academic Intervention      208    188    $92,164     (20)    ($9,805)
    i. Poverty  0.12  $490.24  208    188    $92,164     (20)    ($9,805)
    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)      89    55    $91,494     (34)    ($57,186)
    i. K-5  0.40  $1,633.71  81    51    $83,319     (30)    ($49,011)
    ii. 6-8  0.50  $2,043.69  8    4    $8,175     (4)    ($8,175)
    iii. 9-12  0.50  $2,043.69  0    0    $0     0    $0
IV. Special Education Services      48    53    $368,755     5    $30,610
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  3    0    $0     (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  0    6    $28,944     6    $28,944
    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  32    41    $291,469     9    $63,981
    c. 6-8 Filled Seats  1.74  $7,109.00  5    2    $14,218     (3)    ($21,327)
    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   736.89     731.54     $2,988,569     (5.35)     ($21,843)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
731.54 x $34.80 + $25,461        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $3,239,030        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $2,934,851
Register Change          
  Fair Student Funding Register Formula s   ($21,843)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 90.02%    
  Register Change Allocation Based on School's Percent of Formula h     + ($19,662)
Adjustment for System-wide Teacher Salary Growth i     + $25,461
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $2,940,650
FY13 Final Percent of Formula                   ($2,940,650 - $225,000) k       90.10%
                      ($3,239,030 - $225,000)