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      372    387    $1,660,147     15    $63,443
    i. K-5  1.00  $4,120.10  0    0    $0     0    $0
    ii. 6-8  1.08  $4,450.05  88    87    $387,154     (1)    ($4,450)
    iii. 9-12  1.03  $4,243.31  284    300    $1,272,993     16    $67,893
Need Weight Total      350    349    $820,306     (1)    $47,818
II. Academic Intervention      240    236    $326,652     (4)    ($9,887)
    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  19    20    $41,222     1    $2,061
    b. Below Standards  0.35  $1,441.93  30    27    $38,932     (3)    ($4,326)
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,647.62  93    80    $131,810     (13)    ($21,419)
    b. Below Standards  0.25  $1,029.50  98    105    $108,098     7    $7,207
    iv. Heavy Graduation Challenge OTC  0.40  $1,647.62  0    4    $6,591     4    $6,591
III. English Language Learner (ELL)      38    50    $103,055     12    $24,733
    i. K-5  0.40  $1,647.62  0    0    $0     0    $0
    ii. 6-8  0.50  $2,061.10  9    13    $26,794     4    $8,244
    iii. 9-12  0.50  $2,061.10  29    37    $76,261     8    $16,489
IV. Special Education Services      72    63    $390,599     (9)    $32,972
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,307.51  18    8    $18,460     (10)    ($23,075)
    b. 21% to 59%  1.25  $5,152.53  12    11    $56,678     (1)    ($5,153)
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,865.10  10    0    $0     (10)    ($48,651)
    b. 9-12 Filled Seats  0.58  $2,406.49  5    0    $0     (5)    ($12,032)
    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  7    13    $93,204     6    $43,017
    d. 9-12 Filled Seats  1.74  $7,169.56  20    31    $222,257     11    $78,865
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   575.03     602.04     $2,480,453     27.00     $111,261
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
602.04 x $2.44 + $1,470        
Foundation       +   $225,000        
FY14 Fair Student Formula at 100% [j]       =   $2,706,923        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY13 Revised Based Allocations (from Overview page) a       $2,247,473
Register Change          
  Fair Student Funding Register Formula s   $111,261    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 85.37%    
  Register Change Allocation Based on School's Percent of Formula h     + $94,978
Adjustment for System-wide Teacher Salary Growth i     + $1,470
  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     = $2,343,921
FY14 Final Percent of Formula                   ($2,343,921 - $225,000) w     = 85.37%
                      ($2,706,923 - $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.