School Budget Overview

Fair Student Funding Budget For 2013-14 School Year 



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Fair Student Funding Formula Detail l m n   o   p
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Fair Student Funding Weighted Register Formula FY14
Weight
FY14 Per Capita without Funding for System-wide Teacher Salary Growth* FY13
Actual Registers
  FY14 Projected   Register Change
  Register   Formula   Register   Formula
I. Grade Weight      1,021    983    $4,374,396     (38)    ($169,102)
    i. K-5  1.00  $4,120.10  0    0    $0     0    $0
    ii. 6-8  1.08  $4,450.05  1,021    983    $4,374,396     (38)    ($169,102)
    iii. 9-12  1.03  $4,243.31  0    0    $0     0    $0
Need Weight Total      608    619    $1,687,776     11    ($14,718)
II. Academic Intervention      381    378    $617,493     (3)    ($16,090)
    i. Poverty  0.12  $494.41  0    0    $0     0    $0
    ii. Achievement (4-5)                      
    a. Well Below Standards  0.40  $1,647.62  0    0    $0     0    $0
    b. Below Standards  0.25  $1,029.50  0    0    $0     0    $0
    iii. Achievement (6-8)                      
    a. Well Below Standards  0.50  $2,061.10  136    117    $241,148     (19)    ($39,161)
    b. Below Standards  0.35  $1,441.93  245    261    $376,344     16    $23,071
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,647.62  0    0    $0     0    $0
    b. Below Standards  0.25  $1,029.50  0    0    $0     0    $0
    iv. Heavy Graduation Challenge OTC  0.40  $1,647.62  0    0    $0     0    $0
III. English Language Learner (ELL)      48    51    $105,116     3    $6,183
    i. K-5  0.40  $1,647.62  0    0    $0     0    $0
    ii. 6-8  0.50  $2,061.10  48    51    $105,116     3    $6,183
    iii. 9-12  0.50  $2,061.10  0    0    $0     0    $0
IV. Special Education Services      179    190    $965,168     11    ($4,812)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,307.51  26    31    $71,533     5    $11,538
    b. 21% to 59%  1.25  $5,152.53  15    57    $293,694     42    $216,406
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,865.10  68    57    $277,311     (11)    ($53,516)
    b. 9-12 Filled Seats  0.58  $2,406.49  0    0    $0     0    $0
    iii. Special Education >= 60% Integrated                      
    a. K Filled Seats  2.09  $8,603.68  0    0    $0     0    $0
    b. 1-5 Filled Seats  1.74  $7,169.56  0    0    $0     0    $0
    c. 6-8 Filled Seats  1.74  $7,169.56  70    45    $322,630     (25)    ($179,239)
    d. 9-12 Filled Seats  1.74  $7,169.56  0    0    $0     0    $0
V. Portfolio      0    0    $0     0    $0
    i. Career and Technical Education                      
    a. Nursing  0.26  $1,071.27  0    0    $0     0    $0
    b. Health / Trade / Technical  0.17  $700.61  0    0    $0     0    $0
    c. Business  0.12  $493.87  0    0    $0     0    $0
    d. Home Economics / Art  0.05  $205.69  0    0    $0     0    $0
    ii. Specialized Academic  0.25  $1,029.50  0    0    $0     0    $0
    iii. Specialized Audition  0.35  $1,441.93  0    0    $0     0    $0
    iv. Transfer School                      
    a. Heavy Graduation Challenge  0.40  $1,647.62  0    0    $0     0    $0
    b. Regular Graduation Challenge  0.21  $858.67  0    0    $0     0    $0
TOTAL FAIR STUDENT FUNDING WEIGHTED REGISTER AND FORMULA   1,515.98     1,471.36     $6,062,172     (44.62)     ($183,820)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
1,471.36 x $2.44 + $3,592        
Foundation       +   $225,000        
FY14 Fair Student Formula at 100% [j]       =   $6,290,764        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY13 Revised Based Allocations (from Overview page) a       $5,654,398
Register Change          
  Fair Student Funding Register Formula s   ($183,820)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 86.93%    
  Register Change Allocation Based on School's Percent of Formula h     + ($159,788)
Adjustment for System-wide Teacher Salary Growth i     + $3,592
  Foundation for New Schools u     + $0
Adjustment to Raise School's FSF Funding Percent If Less than 81% v     + $0
FY14 Initial Fair Student Funding Allocations x=a+h+i+u+v     = $5,498,203
FY14 Final Percent of Formula                   ($5,498,203 - $225,000) w     = 86.93%
                      ($6,290,764 - $225,000)    



* Chart of FY14 Per-Capita including System-wide Teacher Salary Growth.
** Chart to Calculate the Percentage of Time in Special Education.
*** Pupils with four core subjects in a seven period day (4/7) are included here.