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      371    316    $1,350,189     (55)    ($243,512)
    i. K-5  1.00  $4,120.10  0    0    $0     0    $0
    ii. 6-8  1.08  $4,450.05  94    45    $200,252     (49)    ($218,052)
    iii. 9-12  1.03  $4,243.31  277    271    $1,149,937     (6)    ($25,460)
Need Weight Total      402    409    $836,080     7    ($25,659)
II. Academic Intervention      283    286    $410,286     3    ($25)
    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  44    29    $59,772     (15)    ($30,916)
    b. Below Standards  0.35  $1,441.93  42    36    $51,910     (6)    ($8,652)
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,647.62  91    109    $179,591     18    $29,657
    b. Below Standards  0.25  $1,029.50  106    106    $109,127     0    $0
    iv. Heavy Graduation Challenge OTC  0.40  $1,647.62  0    6    $9,886     6    $9,886
III. English Language Learner (ELL)      42    57    $117,482     15    $30,916
    i. K-5  0.40  $1,647.62  0    0    $0     0    $0
    ii. 6-8  0.50  $2,061.10  9    9    $18,550     0    $0
    iii. 9-12  0.50  $2,061.10  33    48    $98,933     15    $30,916
IV. Special Education Services      77    66    $308,312     (11)    ($56,551)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,307.51  27    24    $55,380     (3)    ($6,923)
    b. 21% to 59%  1.25  $5,152.53  23    5    $25,763     (18)    ($92,745)
    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  2    8    $19,252     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  7    3    $21,509     (4)    ($28,678)
    d. 9-12 Filled Seats  1.74  $7,169.56  18    26    $186,409     8    $57,357
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   595.97     530.63     $2,186,269     (65.33)     ($269,172)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
530.63 x $2.44 + $1,296        
Foundation       +   $225,000        
FY14 Fair Student Formula at 100% [j]       =   $2,412,565        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY13 Revised Based Allocations (from Overview page) a       $2,462,698
Register Change          
  Fair Student Funding Register Formula s   ($269,172)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 91.13%    
  Register Change Allocation Based on School's Percent of Formula h     + ($245,302)
Adjustment for System-wide Teacher Salary Growth i     + $1,296
  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     = $2,218,692
FY14 Final Percent of Formula                   ($2,218,692 - $225,000) w     = 91.14%
                      ($2,412,565 - $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.