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      620    615    $2,646,218     (5)    ($20,422)
    i. K-5  1.00  $4,085.30  0    0    $0     0    $0
    ii. 6-8  1.08  $4,412.45  283    286    $1,261,962     3    $13,237
    iii. 9-12  1.03  $4,207.47  337    329    $1,384,256     (8)    ($33,660)
Need Weight Total      522    558    $1,404,250     36    $76,570
II. Academic Intervention      361    369    $551,887     8    $2,038
    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  72    71    $145,102     (1)    ($2,044)
    b. Below Standards  0.35  $1,429.75  70    78    $111,521     8    $11,438
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,633.71  129    116    $189,510     (13)    ($21,238)
    b. Below Standards  0.25  $1,020.81  90    102    $104,122     12    $12,250
    iv. Heavy Graduation Challenge OTC  0.20  $816.30  0    2    $1,633     2    $1,633
III. English Language Learner (ELL)      49    55    $112,403     6    $12,262
    i. K-5  0.40  $1,633.71  0    0    $0     0    $0
    ii. 6-8  0.50  $2,043.69  28    36    $73,573     8    $16,349
    iii. 9-12  0.50  $2,043.69  21    19    $38,830     (2)    ($4,087)
IV. Special Education Services      112    134    $739,961     22    $62,269
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  17    23    $52,624     6    $13,728
    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  16    28    $135,072     12    $57,888
    b. 9-12 Filled Seats  0.58  $2,386.16  0    8    $19,089     8    $19,089
    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  26    33    $234,597     7    $49,763
    d. 9-12 Filled Seats  1.74  $7,109.00  53    42    $298,578     (11)    ($78,199)
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   977.73     991.47     $4,050,468     13.74     $56,148
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
991.47 x $34.80 + $34,508        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $4,309,976        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $3,478,874
Register Change          
  Fair Student Funding Register Formula s   $56,148    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 81.46%    
  Register Change Allocation Based on School's Percent of Formula h     + $45,739
Adjustment for System-wide Teacher Salary Growth i     + $34,508
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $3,559,121
FY13 Final Percent of Formula                   ($3,559,121 - $225,000) k       81.62%
                      ($4,309,976 - $225,000)