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      686    777    $3,288,128     91    $362,602
    i. K-5  1.00  $4,085.30  310    429    $1,752,594     119    $486,151
    ii. 6-8  1.08  $4,412.45  376    348    $1,535,534     (28)    ($123,549)
    iii. 9-12  1.03  $4,207.47  0    0    $0     0    $0
Need Weight Total      391    546    $882,293     155    $189,956
II. Academic Intervention      245    365    $178,936     120    $58,828
    i. Poverty  0.12  $490.24  245    365    $178,936     120    $58,828
    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)      31    47    $80,884     16    $26,959
    i. K-5  0.40  $1,633.71  23    37    $60,447     14    $22,872
    ii. 6-8  0.50  $2,043.69  8    10    $20,437     2    $4,087
    iii. 9-12  0.50  $2,043.69  0    0    $0     0    $0
IV. Special Education Services      115    134    $622,473     19    $104,168
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  36    43    $98,385     7    $16,016
    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  55    55    $265,320     0    $0
    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    2    $17,062     2    $17,062
    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  24    34    $241,706     10    $71,090
    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   885.58     1,020.84     $4,170,421     135.26     $552,558
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
1,020.84 x $34.80 + $35,530        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $4,430,951        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $3,555,812
Register Change          
  Fair Student Funding Register Formula s   $552,558    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 92.07%    
  Register Change Allocation Based on School's Percent of Formula h     + $508,716
Adjustment for System-wide Teacher Salary Growth i     + $35,530
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $4,100,058
FY13 Final Percent of Formula                   ($4,100,058 - $225,000) k       92.13%
                      ($4,430,951 - $225,000)