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      571    554    $2,386,146     (17)    ($73,790)
    i. K-5  1.00  $4,120.10  0    0    $0     0    $0
    ii. 6-8  1.08  $4,450.05  179    171    $760,958     (8)    ($35,600)
    iii. 9-12  1.03  $4,243.31  392    383    $1,625,188     (9)    ($38,190)
Need Weight Total      297    281    $730,350     (16)    ($15,553)
II. Academic Intervention      217    205    $269,606     (12)    ($19,557)
    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  14    21    $43,283     7    $14,428
    b. Below Standards  0.35  $1,441.93  42    37    $53,351     (5)    ($7,210)
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,647.62  55    34    $56,019     (21)    ($34,600)
    b. Below Standards  0.25  $1,029.50  106    112    $115,304     6    $6,177
    iv. Heavy Graduation Challenge OTC  0.40  $1,647.62  0    1    $1,648     1    $1,648
III. English Language Learner (ELL)      8    5    $10,305     (3)    ($6,183)
    i. K-5  0.40  $1,647.62  0    0    $0     0    $0
    ii. 6-8  0.50  $2,061.10  4    1    $2,061     (3)    ($6,183)
    iii. 9-12  0.50  $2,061.10  4    4    $8,244     0    $0
IV. Special Education Services      72    71    $450,439     (1)    $10,188
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,307.51  11    5    $11,538     (6)    ($13,845)
    b. 21% to 59%  1.25  $5,152.53  10    17    $87,593     7    $36,068
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,865.10  1    0    $0     (1)    ($4,865)
    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  1    9    $64,526     8    $57,357
    d. 9-12 Filled Seats  1.74  $7,169.56  49    40    $286,783     (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   778.10     756.41     $3,116,496     (21.68)     ($89,343)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
756.41 x $2.44 + $1,847        
Foundation       +   $225,000        
FY14 Fair Student Formula at 100% [j]       =   $3,343,343        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY13 Revised Based Allocations (from Overview page) a       $3,050,289
Register Change          
  Fair Student Funding Register Formula s   ($89,343)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 88.13%    
  Register Change Allocation Based on School's Percent of Formula h     + ($78,737)
Adjustment for System-wide Teacher Salary Growth i     + $1,847
  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     = $2,973,398
FY14 Final Percent of Formula                   ($2,973,398 - $225,000) w     = 88.14%
                      ($3,343,343 - $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.