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      414    364    $1,544,565     (50)    ($212,166)
    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  414    364    $1,544,565     (50)    ($212,166)
Need Weight Total      613    535    $1,112,588     (78)    ($55,239)
II. Academic Intervention      460    375    $509,688     (85)    ($131,394)
    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  271    195    $321,287     (76)    ($125,219)
    b. Below Standards  0.25  $1,029.50  189    175    $180,163     (14)    ($14,413)
    iv. Heavy Graduation Challenge OTC  0.40  $1,647.62  0    5    $8,238     5    $8,238
III. English Language Learner (ELL)      31    33    $68,016     2    $4,122
    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  31    33    $68,016     2    $4,122
IV. Special Education Services      122    127    $534,884     5    $72,033
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,307.51  27    13    $29,998     (14)    ($32,305)
    b. 21% to 59%  1.25  $5,152.53  47    51    $262,779     4    $20,610
    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  39    44    $105,885     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  0    0    $0     0    $0
    d. 9-12 Filled Seats  1.74  $7,169.56  9    19    $136,222     10    $71,696
V. Portfolio      414    364    $178,321     (50)    ($21,994)
    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  160    145    $101,505     (15)    ($10,729)
    c. Business  0.12  $493.87  124    110    $54,404     (14)    ($7,078)
    d. Home Economics / Art  0.05  $205.69  129    109    $22,412     (20)    ($4,187)
    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   758.44     688.20     $2,835,474     (70.24)     ($289,398)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
688.20 x $2.44 + $1,680        
Foundation       +   $225,000        
FY14 Fair Student Formula at 100% [j]       =   $3,062,154        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY13 Revised Based Allocations (from Overview page) a       $2,671,223
Register Change          
  Fair Student Funding Register Formula s   ($289,398)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 78.28%    
  Register Change Allocation Based on School's Percent of Formula h     + ($226,548)
Adjustment for System-wide Teacher Salary Growth i     + $1,680
  Foundation for New Schools u     + $0
Adjustment to Raise School's FSF Funding Percent If Less than 81% v     + $76,739
FY14 Initial Fair Student Funding Allocations x=a+h+i+u+v     = $2,523,095
FY14 Final Percent of Formula                   ($2,523,095 - $225,000) w     = 81.00%
                      ($3,062,154 - $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.