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      1,336    1,381    $5,964,662     45    $198,765
    i. K-5  1.00  $4,085.30  0    0    $0     0    $0
    ii. 6-8  1.08  $4,412.45  706    752    $3,318,166     46    $202,973
    iii. 9-12  1.03  $4,207.47  630    629    $2,646,496     (1)    ($4,207)
Need Weight Total      787    802    $1,753,255     15    $185,255
II. Academic Intervention      489    448    $669,946     (41)    ($75,386)
    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  101    79    $161,451     (22)    ($44,961)
    b. Below Standards  0.35  $1,429.75  120    128    $183,008     8    $11,438
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,633.71  153    130    $212,382     (23)    ($37,575)
    b. Below Standards  0.25  $1,020.81  115    110    $112,289     (5)    ($5,104)
    iv. Heavy Graduation Challenge OTC  0.20  $816.30  0    1    $816     1    $816
III. English Language Learner (ELL)      96    90    $183,932     (6)    ($12,262)
    i. K-5  0.40  $1,633.71  0    0    $0     0    $0
    ii. 6-8  0.50  $2,043.69  71    65    $132,840     (6)    ($12,262)
    iii. 9-12  0.50  $2,043.69  25    25    $51,092     0    $0
IV. Special Education Services      202    264    $899,377     62    $272,903
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  118    140    $320,322     22    $50,336
    b. 21% to 59%  1.25  $5,109.00  6    3    $15,327     (3)    ($15,327)
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,824.00  36    45    $217,080     9    $43,416
    b. 9-12 Filled Seats  0.58  $2,386.16  31    41    $97,833     10    $23,862
    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    15    $106,635     15    $106,635
    d. 9-12 Filled Seats  1.74  $7,109.00  11    20    $142,180     9    $63,981
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   1,795.19     1,889.19     $7,717,916     94.00     $384,020
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
1,889.19 x $34.80 + $65,753        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $8,008,669        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $7,199,222
Register Change          
  Fair Student Funding Register Formula s   $384,020    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 95.10%    
  Register Change Allocation Based on School's Percent of Formula h     + $365,187
Adjustment for System-wide Teacher Salary Growth i     + $65,753
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $7,630,162
FY13 Final Percent of Formula                   ($7,630,162 - $225,000) k       95.14%
                      ($8,008,669 - $225,000)