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      978    906    $3,997,684     (72)    ($317,697)
    i. K-5  1.00  $4,085.30  0    0    $0     0    $0
    ii. 6-8  1.08  $4,412.45  978    906    $3,997,684     (72)    ($317,697)
    iii. 9-12  1.03  $4,207.47  0    0    $0     0    $0
Need Weight Total      779    717    $1,786,228     (62)    ($77,429)
II. Academic Intervention      400    366    $611,082     (34)    ($71,327)
    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  180    143    $292,247     (37)    ($75,616)
    b. Below Standards  0.35  $1,429.75  220    223    $318,835     3    $4,289
    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)      203    180    $367,863     (23)    ($47,005)
    i. K-5  0.40  $1,633.71  0    0    $0     0    $0
    ii. 6-8  0.50  $2,043.69  203    180    $367,863     (23)    ($47,005)
    iii. 9-12  0.50  $2,043.69  0    0    $0     0    $0
IV. Special Education Services      176    171    $807,283     (5)    $40,903
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  55    52    $118,977     (3)    ($6,864)
    b. 21% to 59%  1.25  $5,109.00  7    0    $0     (7)    ($35,763)
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,824.00  90    69    $332,856     (21)    ($101,304)
    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  24    50    $355,450     26    $184,834
    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   1,512.51     1,415.79     $5,783,912     (96.72)     ($395,126)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
1,415.79 x $34.80 + $49,276        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $6,058,188        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $5,158,053
Register Change          
  Fair Student Funding Register Formula s   ($395,126)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 79.84%    
  Register Change Allocation Based on School's Percent of Formula h     + ($315,450)
Adjustment for System-wide Teacher Salary Growth i     + $49,276
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $4,891,879
FY13 Final Percent of Formula                   ($4,891,879 - $225,000) k       80.01%
                      ($6,058,188 - $225,000)