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      309    320    $1,357,859     11    $46,676
    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  309    320    $1,357,859     11    $46,676
Need Weight Total      358    327    $585,158     (31)    ($42,016)
II. Academic Intervention      306    275    $397,466     (31)    ($51,694)
    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  217    185    $304,810     (32)    ($52,724)
    b. Below Standards  0.25  $1,029.50  89    90    $92,655     1    $1,030
    iv. Heavy Graduation Challenge OTC  0.40  $1,647.62  0    0    $0     0    $0
III. English Language Learner (ELL)      20    12    $24,733     (8)    ($16,489)
    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  20    12    $24,733     (8)    ($16,489)
IV. Special Education Services      32    40    $162,959     8    $26,167
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,307.51  12    18    $41,535     6    $13,845
    b. 21% to 59%  1.25  $5,152.53  17    18    $92,745     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  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  0    0    $0     0    $0
    d. 9-12 Filled Seats  1.74  $7,169.56  3    4    $28,678     1    $7,170
V. Portfolio      309    320    $492,526     11    $119,110
    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  137    276    $454,744     139    $229,020
    b. Regular Graduation Challenge  0.21  $858.67  172    44    $37,781     (128)    ($109,909)
TOTAL FAIR STUDENT FUNDING WEIGHTED REGISTER AND FORMULA   561.10     591.14     $2,435,543     30.04     $123,771
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
591.14 x $2.44 + $1,443        
Foundation       +   $225,000        
FY14 Fair Student Formula at 100% [j]       =   $2,661,986        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY13 Revised Based Allocations (from Overview page) a       $2,124,298
Register Change          
  Fair Student Funding Register Formula s   $123,771    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 82.16%    
  Register Change Allocation Based on School's Percent of Formula h     + $101,687
Adjustment for System-wide Teacher Salary Growth i     + $1,443
  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     = $2,227,428
FY14 Final Percent of Formula                   ($2,227,428 - $225,000) w     = 82.17%
                      ($2,661,986 - $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.