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      522    640    $2,739,515     118    $512,880
    i. K-5  1.00  $4,085.30  0    0    $0     0    $0
    ii. 6-8  1.08  $4,412.45  148    228    $1,006,040     80    $352,996
    iii. 9-12  1.03  $4,207.47  374    412    $1,733,476     38    $159,884
Need Weight Total      223    360    $816,111     137    $271,822
II. Academic Intervention      148    244    $316,942     96    $127,849
    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  6    17    $34,743     11    $22,481
    b. Below Standards  0.35  $1,429.75  15    42    $60,050     27    $38,603
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,633.71  42    55    $89,854     13    $21,238
    b. Below Standards  0.25  $1,020.81  85    128    $130,663     43    $43,895
    iv. Heavy Graduation Challenge OTC  0.20  $816.30  0    2    $1,633     2    $1,633
III. English Language Learner (ELL)      20    43    $87,878     23    $47,005
    i. K-5  0.40  $1,633.71  0    0    $0     0    $0
    ii. 6-8  0.50  $2,043.69  2    4    $8,175     2    $4,087
    iii. 9-12  0.50  $2,043.69  18    39    $79,704     21    $42,917
IV. Special Education Services      55    73    $411,290     18    $96,968
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  13    17    $38,896     4    $9,152
    b. 21% to 59%  1.25  $5,109.00  7    6    $30,654     (1)    ($5,109)
    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  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  10    16    $113,744     6    $42,654
    d. 9-12 Filled Seats  1.74  $7,109.00  25    28    $199,052     3    $21,327
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   678.27     870.35     $3,555,626     192.08     $784,702
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
870.35 x $34.80 + $30,292        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $3,810,918        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $2,942,478
Register Change          
  Fair Student Funding Register Formula s   $784,702    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 98.07%    
  Register Change Allocation Based on School's Percent of Formula h     + $769,567
Adjustment for System-wide Teacher Salary Growth i     + $30,292
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $3,742,337
FY13 Final Percent of Formula                   ($3,742,337 - $225,000) k       98.09%
                      ($3,810,918 - $225,000)