|
Fair Student Funding Overview
Fair Student Funding Budget For 2012-13 School Year
(*)To print in Internet Explorer, in Paper Options use "Enable Shrink-to-Fit" and
in Page Setup and set the print margins to .25
|
|
Fair Student Funding Formula Overview |
l |
m |
n |
|
o |
|
p
o * m |
|
q
o - n |
|
r
q * m |
|
|
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 |
|
|
1,056 |
|
1,059 |
|
$4,326,332 |
|
3 |
|
$12,256 |
|
|
i. |
K-5 |
1.00 |
$4,085.30 |
1,056 |
|
1,059
|
|
$4,326,332
|
|
3 |
|
$12,256 |
|
|
ii. |
6-8 |
1.08 |
$4,412.45 |
0 |
|
0
|
|
$0
|
|
0 |
|
$0 |
|
|
iii. |
9-12 |
1.03 |
$4,207.47 |
0 |
|
0
|
|
$0
|
|
0 |
|
$0 |
|
|
Need Weight Total |
|
|
966 |
|
973 |
|
$1,225,444 |
|
7 |
|
($2,760) |
|
|
i. |
Poverty |
0.12 |
$490.24 |
732 |
|
744
|
|
$364,736
|
|
12 |
|
$5,883 |
|
|
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 |
|
|
i. |
K-5 |
0.40 |
$1,633.71 |
108 |
|
102
|
|
$166,638
|
|
(6) |
|
($9,802) |
|
|
ii. |
6-8 |
0.50 |
$2,043.69 |
0 |
|
0
|
|
$0
|
|
0 |
|
$0 |
|
|
iii. |
9-12 |
0.50 |
$2,043.69 |
0 |
|
0
|
|
$0
|
|
0 |
|
$0 |
|
|
i |
Special Education < 60% |
|
|
|
|
|
|
|
|
|
|
|
|
|
a. |
<= 20% |
0.56 |
$2,288.02 |
17 |
|
18
|
|
$41,184
|
|
1 |
|
$2,288 |
|
|
b. |
21% to 59% |
1.25 |
$5,109.00 |
6 |
|
4
|
|
$20,436
|
|
(2) |
|
($10,218) |
|
|
ii. |
Special Education >= 60% Contained |
|
|
|
|
|
|
|
|
|
|
|
|
|
a. |
K-8 Filled Seats |
1.18 |
$4,824.00 |
52 |
|
53
|
|
$255,672
|
|
1 |
|
$4,824 |
|
|
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 |
7 |
|
5
|
|
$42,655
|
|
(2) |
|
($17,062) |
|
|
b. |
1-5 Filled Seats |
1.74 |
$7,109.00 |
44 |
|
47
|
|
$334,123
|
|
3 |
|
$21,327 |
|
|
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 |
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
|
1,356.64 |
|
1,358.96 |
|
$5,551,776 |
|
2.32 |
|
$9,496 |
|
|
Adjustment for System-wide Teacher Salary Growth [i] |
Weighted Register |
|
Salary |
|
|
|
|
|
|
|
1,358.96 |
x |
$34.80 |
+ |
$47,298 |
|
|
|
|
|
|
Foundation |
|
|
|
+ |
$225,000 |
|
|
|
|
|
|
FY13 Fair Student Formula at 100% [j] |
|
|
|
= |
$5,824,074 |
|
|
|
|
|
|
WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY
ALLOCATION |
|
|
|
|
|
|
FY12 Revised Based Allocations (from Overview page) |
a |
|
|
|
$5,013,923 |
|
|
Register Change |
|
|
|
|
|
|
|
Fair Student Funding Register Formula |
s |
|
$9,496 |
|
|
|
|
Change to Preliminary Fair Student Funding Percentage Capped at 100% |
t |
x |
86.41% |
|
|
|
|
Register Change Allocation Based on School's Percent of Formula |
h |
|
|
+ |
$8,205 |
|
|
Adjustment for System-wide Teacher Salary Growth |
i |
|
|
+ |
$47,298 |
|
|
Foundation for New Schools |
u |
|
|
+ |
$0 |
|
|
FY13 Initial Fair Student Funding Allocations |
g=a+h+i+u |
|
|
= |
$5,069,426 |
|
|
FY13 Final Percent of Formula |
($5,069,426
- $225,000) |
k |
|
|
|
86.52% |
|
|
|
($5,824,074
- $225,000) |
|
|
|
|
|
| |