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      3,236    3,204    $13,480,718     (32)    ($134,639)
    i. K-5  1.00  $4,085.30  0    0    $0     0    $0
    ii. 6-8  1.08  $4,412.45  0    0    $0     0    $0
    iii. 9-12  1.03  $4,207.47  3,236    3,204    $13,480,718     (32)    ($134,639)
Need Weight Total      3,139    3,174    $5,600,372     35    ($144,047)
II. Academic Intervention      2,230    2,229    $2,843,919     (1)    ($149,572)
    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  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  1,170    970    $1,584,695     (200)    ($326,741)
    b. Below Standards  0.25  $1,020.81  1,060    1,132    $1,155,554     72    $73,498
    iv. Heavy Graduation Challenge OTC  0.20  $816.30  0    127    $103,671     127    $103,671
III. English Language Learner (ELL)      510    557    $1,138,333     47    $96,053
    i. K-5  0.40  $1,633.71  0    0    $0     0    $0
    ii. 6-8  0.50  $2,043.69  0    0    $0     0    $0
    iii. 9-12  0.50  $2,043.69  510    557    $1,138,333     47    $96,053
IV. Special Education Services      399    388    $1,618,121     (11)    ($90,528)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  109    118    $269,986     9    $20,592
    b. 21% to 59%  1.25  $5,109.00  6    7    $35,763     1    $5,109
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,824.00  0    0    $0     0    $0
    b. 9-12 Filled Seats  0.58  $2,386.16  125    118    $281,567     (7)    ($16,703)
    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  0    0    $0     0    $0
    d. 9-12 Filled Seats  1.74  $7,109.00  159    145    $1,030,805     (14)    ($99,526)
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   4,738.89     4,670.67     $19,081,090     (68.22)     ($278,686)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
4,670.67 x $34.80 + $162,561        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $19,468,651        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $15,938,575
Register Change          
  Fair Student Funding Register Formula s   ($278,686)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 81.17%    
  Register Change Allocation Based on School's Percent of Formula h     + ($226,199)
Adjustment for System-wide Teacher Salary Growth i     + $162,561
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $15,874,937
FY13 Final Percent of Formula                   ($15,874,937 - $225,000) k       81.33%
                      ($19,468,651 - $225,000)