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      1,163    1,168    $5,153,747     5    $22,062
    i. K-5  1.00  $4,085.30  0    0    $0     0    $0
    ii. 6-8  1.08  $4,412.45  1,163    1,168    $5,153,747     5    $22,062
    iii. 9-12  1.03  $4,207.47  0    0    $0     0    $0
Need Weight Total      595    622    $1,665,748     27    $157,260
II. Academic Intervention      316    298    $500,352     (18)    ($45,995)
    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  154    121    $247,286     (33)    ($67,442)
    b. Below Standards  0.35  $1,429.75  162    177    $253,066     15    $21,446
    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)      117    132    $269,766     15    $30,655
    i. K-5  0.40  $1,633.71  0    0    $0     0    $0
    ii. 6-8  0.50  $2,043.69  117    132    $269,766     15    $30,655
    iii. 9-12  0.50  $2,043.69  0    0    $0     0    $0
IV. Special Education Services      162    192    $895,630     30    $172,600
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  44    49    $112,113     5    $11,440
    b. 21% to 59%  1.25  $5,109.00  2    0    $0     (2)    ($10,218)
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,824.00  93    102    $492,048     9    $43,416
    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  23    41    $291,469     18    $127,962
    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   1,625.38     1,669.28     $6,819,495     43.89     $179,322
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
1,669.28 x $34.80 + $58,098        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $7,102,593        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $5,560,511
Register Change          
  Fair Student Funding Register Formula s   $179,322    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 80.35%    
  Register Change Allocation Based on School's Percent of Formula h     + $144,089
Adjustment for System-wide Teacher Salary Growth i     + $58,098
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $5,762,698
FY13 Final Percent of Formula                   ($5,762,698 - $225,000) k       80.52%
                      ($7,102,593 - $225,000)