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      602    592    $2,563,310     (10)    ($44,914)
    i. K-5  1.00  $4,120.10  0    0    $0     0    $0
    ii. 6-8  1.08  $4,450.05  260    248    $1,103,612     (12)    ($53,401)
    iii. 9-12  1.03  $4,243.31  342    344    $1,459,699     2    $8,487
Need Weight Total      313    287    $709,261     (26)    ($18,204)
II. Academic Intervention      194    180    $253,336     (14)    ($23,277)
    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  12    11    $22,672     (1)    ($2,061)
    b. Below Standards  0.35  $1,441.93  56    49    $70,655     (7)    ($10,094)
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,647.62  67    59    $97,210     (8)    ($13,181)
    b. Below Standards  0.25  $1,029.50  59    61    $62,800     2    $2,059
    iv. Heavy Graduation Challenge OTC  0.40  $1,647.62  0    0    $0     0    $0
III. English Language Learner (ELL)      40    27    $55,650     (13)    ($26,794)
    i. K-5  0.40  $1,647.62  0    0    $0     0    $0
    ii. 6-8  0.50  $2,061.10  27    20    $41,222     (7)    ($14,428)
    iii. 9-12  0.50  $2,061.10  13    7    $14,428     (6)    ($12,367)
IV. Special Education Services      79    80    $400,276     1    $31,867
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,307.51  15    14    $32,305     (1)    ($2,308)
    b. 21% to 59%  1.25  $5,152.53  62    30    $154,576     (32)    ($164,881)
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,865.10  0    7    $34,056     7    $34,056
    b. 9-12 Filled Seats  0.58  $2,406.49  0    6    $14,439     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  2    11    $78,865     9    $64,526
    d. 9-12 Filled Seats  1.74  $7,169.56  0    12    $86,035     12    $86,035
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   809.61     794.29     $3,272,572     (15.32)     ($63,118)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
794.29 x $2.44 + $1,939        
Foundation       +   $225,000        
FY14 Fair Student Formula at 100% [j]       =   $3,499,511        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY13 Revised Based Allocations (from Overview page) a       $3,161,560
Register Change          
  Fair Student Funding Register Formula s   ($63,118)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 88.03%    
  Register Change Allocation Based on School's Percent of Formula h     + ($55,565)
Adjustment for System-wide Teacher Salary Growth i     + $1,939
  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     = $3,107,934
FY14 Final Percent of Formula                   ($3,107,934 - $225,000) w     = 88.04%
                      ($3,499,511 - $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.