School Budget Overview

Fair Student Funding Budget For 2013-14 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 Detail l m n   o   p
o * m
  q
o - n
  r
q * m
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      446    475    $2,056,093     29    $128,018
    i. K-5  1.00  $4,120.10  0    0    $0     0    $0
    ii. 6-8  1.08  $4,450.05  172    196    $872,209     24    $106,801
    iii. 9-12  1.03  $4,243.31  274    279    $1,183,884     5    $21,217
Need Weight Total      153    180    $406,720     27    $151,506
II. Academic Intervention      132    142    $184,326     10    $16,693
    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  2    6    $12,367     4    $8,244
    b. Below Standards  0.35  $1,441.93  15    31    $44,700     16    $23,071
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,647.62  38    31    $51,076     (7)    ($11,533)
    b. Below Standards  0.25  $1,029.50  77    74    $76,183     (3)    ($3,089)
    iv. Heavy Graduation Challenge OTC  0.40  $1,647.62  0    0    $0     0    $0
III. English Language Learner (ELL)      2    2    $4,122     0    $0
    i. K-5  0.40  $1,647.62  0    0    $0     0    $0
    ii. 6-8  0.50  $2,061.10  0    1    $2,061     1    $2,061
    iii. 9-12  0.50  $2,061.10  2    1    $2,061     (1)    ($2,061)
IV. Special Education Services      19    36    $218,272     17    $134,813
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,307.51  7    6    $13,845     (1)    ($2,308)
    b. 21% to 59%  1.25  $5,152.53  7    3    $15,458     (4)    ($20,610)
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,865.10  2    2    $9,730     0    $0
    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  1    11    $78,865     10    $71,696
    d. 9-12 Filled Seats  1.74  $7,169.56  2    14    $100,374     12    $86,035
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   529.91     597.76     $2,462,813     67.84     $279,524
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
597.76 x $2.44 + $1,459        
Foundation       +   $225,000        
FY14 Fair Student Formula at 100% [j]       =   $2,689,272        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY13 Revised Based Allocations (from Overview page) a       $2,272,186
Register Change          
  Fair Student Funding Register Formula s   $279,524    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 93.77%    
  Register Change Allocation Based on School's Percent of Formula h     + $262,099
Adjustment for System-wide Teacher Salary Growth i     + $1,459
  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     = $2,535,744
FY14 Final Percent of Formula                   ($2,535,744 - $225,000) w     = 93.77%
                      ($2,689,272 - $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.