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      391    416    $1,792,300     25    $106,496
    i. K-5  1.00  $4,120.10  0    0    $0     0    $0
    ii. 6-8  1.08  $4,450.05  129    131    $582,956     2    $8,900
    iii. 9-12  1.03  $4,243.31  262    285    $1,209,343     23    $97,596
Need Weight Total      325    316    $690,318     (9)    $13,666
II. Academic Intervention      241    229    $325,645     (12)    ($29,669)
    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  33    28    $57,711     (5)    ($10,305)
    b. Below Standards  0.35  $1,441.93  47    46    $66,329     (1)    ($1,442)
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,647.62  87    64    $105,448     (23)    ($37,895)
    b. Below Standards  0.25  $1,029.50  74    87    $89,567     13    $13,384
    iv. Heavy Graduation Challenge OTC  0.40  $1,647.62  0    4    $6,591     4    $6,591
III. English Language Learner (ELL)      24    24    $49,466     0    $0
    i. K-5  0.40  $1,647.62  0    0    $0     0    $0
    ii. 6-8  0.50  $2,061.10  10    8    $16,489     (2)    ($4,122)
    iii. 9-12  0.50  $2,061.10  14    16    $32,978     2    $4,122
IV. Special Education Services      60    63    $315,207     3    $43,335
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,307.51  17    15    $34,613     (2)    ($4,615)
    b. 21% to 59%  1.25  $5,152.53  34    28    $144,271     (6)    ($30,915)
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,865.10  1    1    $4,865     0    $0
    b. 9-12 Filled Seats  0.58  $2,406.49  1    1    $2,406     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  4    6    $43,017     2    $14,339
    d. 9-12 Filled Seats  1.74  $7,169.56  3    12    $86,035     9    $64,526
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   573.40     602.56     $2,482,618     29.16     $120,163
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
602.56 x $2.44 + $1,471        
Foundation       +   $225,000        
FY14 Fair Student Formula at 100% [j]       =   $2,709,089        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY13 Revised Based Allocations (from Overview page) a       $2,140,222
Register Change          
  Fair Student Funding Register Formula s   $120,163    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 81.07%    
  Register Change Allocation Based on School's Percent of Formula h     + $97,415
Adjustment for System-wide Teacher Salary Growth i     + $1,471
  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     = $2,239,108
FY14 Final Percent of Formula                   ($2,239,108 - $225,000) w     = 81.08%
                      ($2,709,089 - $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.