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      135    278    $1,169,675     143    $601,668
    i. K-5  1.00  $4,085.30  0    0    $0     0    $0
    ii. 6-8  1.08  $4,412.45  0    0    $0     0    $0
    iii. 9-12  1.03  $4,207.47  135    278    $1,169,675     143    $601,668
Need Weight Total      147    179    $550,421     32    $160,165
II. Academic Intervention      97    90    $117,205     (7)    ($7,555)
    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  0    0    $0     0    $0
    b. Below Standards  0.35  $1,429.75  0    0    $0     0    $0
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,633.71  42    43    $70,249     1    $1,634
    b. Below Standards  0.25  $1,020.81  55    42    $42,874     (13)    ($13,270)
    iv. Heavy Graduation Challenge OTC  0.20  $816.30  0    5    $4,082     5    $4,082
III. English Language Learner (ELL)      13    28    $57,223     15    $30,655
    i. K-5  0.40  $1,633.71  0    0    $0     0    $0
    ii. 6-8  0.50  $2,043.69  0    0    $0     0    $0
    iii. 9-12  0.50  $2,043.69  13    28    $57,223     15    $30,655
IV. Special Education Services      37    61    $375,993     24    $137,065
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  5    10    $22,880     5    $11,440
    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  0    0    $0     0    $0
    b. 9-12 Filled Seats  0.58  $2,386.16  0    2    $4,772     2    $4,772
    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    0    $0     0    $0
    d. 9-12 Filled Seats  1.74  $7,109.00  32    49    $348,341     17    $120,853
V. Portfolio      135    278    $193,123     143    $99,340
    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  135    278    $193,123     143    $99,340
    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   257.52     468.32     $1,913,220     210.80     $861,173
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
468.32 x $34.80 + $16,300        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $2,154,520        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $1,280,883
Register Change          
  Fair Student Funding Register Formula s   $861,173    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 100.00%    
  Register Change Allocation Based on School's Percent of Formula h     + $861,174
Adjustment for System-wide Teacher Salary Growth i     + $16,300
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $2,158,357
FY13 Final Percent of Formula                   ($2,158,357 - $225,000) k       100.20%
                      ($2,154,520 - $225,000)