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      1,574    1,078    $4,574,289     (496)    ($2,104,682)
    i. K-5  1.00  $4,120.10  0    0    $0     0    $0
    ii. 6-8  1.08  $4,450.05  0    0    $0     0    $0
    iii. 9-12  1.03  $4,243.31  1,574    1,078    $4,574,289     (496)    ($2,104,682)
Need Weight Total      1,833    1,184    $2,279,498     (649)    ($1,160,077)
II. Academic Intervention      1,202    730    $954,694     (472)    ($612,846)
    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  0    0    $0     0    $0
    b. Below Standards  0.35  $1,441.93  0    1    $1,442     1    $1,442
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,647.62  534    273    $449,801     (261)    ($430,030)
    b. Below Standards  0.25  $1,029.50  668    401    $412,831     (267)    ($274,878)
    iv. Heavy Graduation Challenge OTC  0.40  $1,647.62  0    55    $90,619     55    $90,619
III. English Language Learner (ELL)      435    317    $653,367     (118)    ($243,209)
    i. K-5  0.40  $1,647.62  0    0    $0     0    $0
    ii. 6-8  0.50  $2,061.10  0    0    $0     0    $0
    iii. 9-12  0.50  $2,061.10  435    317    $653,367     (118)    ($243,209)
IV. Special Education Services      196    137    $671,436     (59)    ($304,022)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,307.51  30    15    $34,613     (15)    ($34,613)
    b. 21% to 59%  1.25  $5,152.53  77    40    $206,101     (37)    ($190,643)
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,865.10  0    0    $0     0    $0
    b. 9-12 Filled Seats  0.58  $2,406.49  27    33    $79,414     6    $14,439
    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  0    0    $0     0    $0
    d. 9-12 Filled Seats  1.74  $7,169.56  62    49    $351,309     (13)    ($93,204)
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   2,455.90     1,663.50     $6,853,786     (792.40)     ($3,264,759)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
1,663.50 x $2.44 + $4,061        
Foundation       +   $225,000        
FY14 Fair Student Formula at 100% [j]       =   $7,082,848        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY13 Revised Based Allocations (from Overview page) a       $9,378,769
Register Change          
  Fair Student Funding Register Formula s   ($3,264,759)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 90.47%    
  Register Change Allocation Based on School's Percent of Formula h     + ($2,953,473)
Adjustment for System-wide Teacher Salary Growth i     + $4,061
  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     = $6,429,357
FY14 Final Percent of Formula                   ($6,429,357 - $225,000) w     = 90.47%
                      ($7,082,848 - $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.