School Budget Overview

 Fair Student Funding Budget For 2012-13 School Year



(*)To print in Internet Explorer, in Paper Options use "Enable Shrink-to-Fit" and in Page Setup and set the print margins to .25

Fair Student Funding Formula Overview l m n   o   p
o * m
  q
o - n
  r
q * m
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      524    446    $1,888,419     (78)    ($346,016)
    i. K-5  1.00  $4,085.30  0    0    $0     0    $0
    ii. 6-8  1.08  $4,412.45  145    58    $255,922     (87)    ($383,884)
    iii. 9-12  1.03  $4,207.47  379    388    $1,632,496     9    $37,867
Need Weight Total      492    455    $909,449     (37)    ($100,091)
II. Academic Intervention      366    331    $460,724     (35)    ($79,483)
    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  48    29    $59,267     (19)    ($38,830)
    b. Below Standards  0.35  $1,429.75  61    39    $55,760     (22)    ($31,455)
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,633.71  151    127    $207,481     (24)    ($39,209)
    b. Below Standards  0.25  $1,020.81  106    133    $135,767     27    $27,562
    iv. Heavy Graduation Challenge OTC  0.20  $816.30  0    3    $2,449     3    $2,449
III. English Language Learner (ELL)      35    35    $71,529     0    $0
    i. K-5  0.40  $1,633.71  0    0    $0     0    $0
    ii. 6-8  0.50  $2,043.69  21    9    $18,393     (12)    ($24,524)
    iii. 9-12  0.50  $2,043.69  14    26    $53,136     12    $24,524
IV. Special Education Services      91    89    $377,196     (2)    ($20,608)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  22    24    $54,912     2    $4,576
    b. 21% to 59%  1.25  $5,109.00  0    5    $25,545     5    $25,545
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,824.00  13    1    $4,824     (12)    ($57,888)
    b. 9-12 Filled Seats  0.58  $2,386.16  24    27    $64,426     3    $7,158
    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    8    $56,872     (4)    ($28,436)
    d. 9-12 Filled Seats  1.74  $7,109.00  20    24    $170,616     4    $28,436
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   794.06     684.86     $2,797,868     (109.20)     ($446,108)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
684.86 x $34.80 + $23,836        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $3,046,704        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $2,856,977
Register Change          
  Fair Student Funding Register Formula s   ($446,108)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 81.13%    
  Register Change Allocation Based on School's Percent of Formula h     + ($361,946)
Adjustment for System-wide Teacher Salary Growth i     + $23,836
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $2,518,867
FY13 Final Percent of Formula                   ($2,518,867 - $225,000) k       81.29%
                      ($3,046,704 - $225,000)