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      3,047    2,981    $12,649,309     (66)    ($280,058)
    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  3,047    2,981    $12,649,309     (66)    ($280,058)
Need Weight Total      3,104    3,201    $6,087,305     97    $224,979
II. Academic Intervention      1,485    1,503    $1,914,508     18    ($17,320)
    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    0    $0     0    $0
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,647.62  652    567    $934,203     (85)    ($140,048)
    b. Below Standards  0.25  $1,029.50  833    909    $935,819     76    $78,242
    iv. Heavy Graduation Challenge OTC  0.40  $1,647.62  0    27    $44,486     27    $44,486
III. English Language Learner (ELL)      1,277    1,341    $2,763,930     64    $131,910
    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  1,277    1,341    $2,763,930     64    $131,910
IV. Special Education Services      342    357    $1,408,868     15    $110,388
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,307.51  80    79    $182,293     (1)    ($2,308)
    b. 21% to 59%  1.25  $5,152.53  39    40    $206,101     1    $5,153
    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  144    144    $346,534     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  0    0    $0     0    $0
    d. 9-12 Filled Seats  1.74  $7,169.56  79    94    $673,939     15    $107,543
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   4,560.98     4,547.61     $18,736,614     (13.37)     ($55,080)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
4,547.61 x $2.44 + $11,103        
Foundation       +   $225,000        
FY14 Fair Student Formula at 100% [j]       =   $18,972,717        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY13 Revised Based Allocations (from Overview page) a       $15,658,893
Register Change          
  Fair Student Funding Register Formula s   ($55,080)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 82.13%    
  Register Change Allocation Based on School's Percent of Formula h     + ($45,238)
Adjustment for System-wide Teacher Salary Growth i     + $11,103
  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     = $15,624,758
FY14 Final Percent of Formula                   ($15,624,758 - $225,000) w     = 82.14%
                      ($18,972,717 - $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.