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      490    556    $2,392,238     66    $277,488
    i. K-5  1.00  $4,085.30  0    0    $0     0    $0
    ii. 6-8  1.08  $4,412.45  259    258    $1,138,413     (1)    ($4,412)
    iii. 9-12  1.03  $4,207.47  231    298    $1,253,825     67    $281,900
Need Weight Total      300    377    $814,798     77    $113,166
II. Academic Intervention      184    237    $360,928     53    $74,338
    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  50    54    $110,359     4    $8,175
    b. Below Standards  0.35  $1,429.75  46    58    $82,926     12    $17,157
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,633.71  47    66    $107,825     19    $31,040
    b. Below Standards  0.25  $1,020.81  41    57    $58,186     16    $16,333
    iv. Heavy Graduation Challenge OTC  0.20  $816.30  0    2    $1,633     2    $1,633
III. English Language Learner (ELL)      43    54    $110,359     11    $22,481
    i. K-5  0.40  $1,633.71  0    0    $0     0    $0
    ii. 6-8  0.50  $2,043.69  30    33    $67,442     3    $6,131
    iii. 9-12  0.50  $2,043.69  13    21    $42,917     8    $16,349
IV. Special Education Services      73    86    $343,511     13    $16,347
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  29    33    $75,505     4    $9,152
    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  21    29    $139,896     8    $38,592
    b. 9-12 Filled Seats  0.58  $2,386.16  0    9    $21,475     9    $21,475
    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  12    4    $28,436     (8)    ($56,872)
    d. 9-12 Filled Seats  1.74  $7,109.00  9    11    $78,199     2    $14,218
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   689.39     785.02     $3,207,036     95.62     $390,653
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
785.02 x $34.80 + $27,322        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $3,459,358        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $2,668,916
Register Change          
  Fair Student Funding Register Formula s   $390,653    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 86.78%    
  Register Change Allocation Based on School's Percent of Formula h     + $338,990
Adjustment for System-wide Teacher Salary Growth i     + $27,322
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $3,035,228
FY13 Final Percent of Formula                   ($3,035,228 - $225,000) k       86.89%
                      ($3,459,358 - $225,000)