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      354    316    $1,394,336     (38)    ($167,673)
    i. K-5  1.00  $4,085.30  0    0    $0     0    $0
    ii. 6-8  1.08  $4,412.45  354    316    $1,394,336     (38)    ($167,673)
    iii. 9-12  1.03  $4,207.47  0    0    $0     0    $0
Need Weight Total      388    334    $803,103     (54)    ($219,136)
II. Academic Intervention      229    209    $357,756     (20)    ($39,032)
    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  113    96    $196,194     (17)    ($34,743)
    b. Below Standards  0.35  $1,429.75  116    113    $161,562     (3)    ($4,289)
    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)      87    82    $167,582     (5)    ($10,218)
    i. K-5  0.40  $1,633.71  0    0    $0     0    $0
    ii. 6-8  0.50  $2,043.69  87    82    $167,582     (5)    ($10,218)
    iii. 9-12  0.50  $2,043.69  0    0    $0     0    $0
IV. Special Education Services      72    43    $277,765     (29)    ($169,886)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  2    2    $4,576     0    $0
    b. 21% to 59%  1.25  $5,109.00  1    0    $0     (1)    ($5,109)
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,824.00  23    8    $38,592     (15)    ($72,360)
    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  46    33    $234,597     (13)    ($92,417)
    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   632.57     537.89     $2,197,439     (94.68)     ($386,810)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
537.89 x $34.80 + $18,721        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $2,441,160        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $2,413,106
Register Change          
  Fair Student Funding Register Formula s   ($386,810)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 84.67%    
  Register Change Allocation Based on School's Percent of Formula h     + ($327,515)
Adjustment for System-wide Teacher Salary Growth i     + $18,721
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $2,104,312
FY13 Final Percent of Formula                   ($2,104,312 - $225,000) k       84.80%
                      ($2,441,160 - $225,000)