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      668    452    $1,901,774     (216)    ($908,812)
    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  668    452    $1,901,774     (216)    ($908,812)
Need Weight Total      993    738    $1,269,953     (255)    ($487,044)
II. Academic Intervention      745    556    $750,212     (189)    ($287,932)
    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  453    299    $488,478     (154)    ($251,591)
    b. Below Standards  0.25  $1,020.81  292    254    $259,285     (38)    ($38,791)
    iv. Heavy Graduation Challenge OTC  0.20  $816.30  0    3    $2,449     3    $2,449
III. English Language Learner (ELL)      96    69    $141,014     (27)    ($55,180)
    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  96    69    $141,014     (27)    ($55,180)
IV. Special Education Services      152    113    $378,727     (39)    ($143,932)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  34    23    $52,624     (11)    ($25,168)
    b. 21% to 59%  1.25  $5,109.00  1    1    $5,109     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  83    66    $157,487     (17)    ($40,565)
    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  34    23    $163,507     (11)    ($78,199)
V. Portfolio      668    452    $313,999     (216)    ($150,052)
    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  668    452    $313,999     (216)    ($150,052)
    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   1,231.64     853.24     $3,485,726     (378.41)     ($1,545,909)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
853.24 x $34.80 + $29,697        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $3,740,423        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $4,452,110
Register Change          
  Fair Student Funding Register Formula s   ($1,545,909)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 84.01%    
  Register Change Allocation Based on School's Percent of Formula h     + ($1,298,728)
Adjustment for System-wide Teacher Salary Growth i     + $29,697
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $3,183,079
FY13 Final Percent of Formula                   ($3,183,079 - $225,000) k       84.15%
                      ($3,740,423 - $225,000)