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      236    137    $576,423     (99)    ($416,539)
    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  236    137    $576,423     (99)    ($416,539)
Need Weight Total      270    167    $305,960     (103)    ($186,561)
II. Academic Intervention      188    116    $159,477     (72)    ($105,369)
    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  119    68    $111,092     (51)    ($83,319)
    b. Below Standards  0.25  $1,020.81  69    45    $45,936     (24)    ($24,499)
    iv. Heavy Graduation Challenge OTC  0.20  $816.30  0    3    $2,449     3    $2,449
III. English Language Learner (ELL)      41    21    $42,917     (20)    ($40,874)
    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  41    21    $42,917     (20)    ($40,874)
IV. Special Education Services      41    30    $103,565     (11)    ($40,318)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,288.02  12    11    $25,168     (1)    ($2,288)
    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  19    12    $28,634     (7)    ($16,703)
    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  10    7    $49,763     (3)    ($21,327)
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   363.62     215.99     $882,382     (147.63)     ($603,100)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
215.99 x $34.80 + $7,517        
Foundation       +   $225,000        
FY13 Fair Student Formula at 100% [j]       =   $1,114,899        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY12 Revised Based Allocations (from Overview page) a       $1,398,855
Register Change          
  Fair Student Funding Register Formula s   ($603,100)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 79.02%    
  Register Change Allocation Based on School's Percent of Formula h     + ($476,581)
Adjustment for System-wide Teacher Salary Growth i     + $7,517
  Foundation for New Schools u     + $0
FY13 Initial Fair Student Funding Allocations g=a+h+i+u     = $929,791
FY13 Final Percent of Formula                   ($929,791 - $225,000) k       79.20%
                      ($1,114,899 - $225,000)