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      680    694    $2,994,267     14    $59,613
    i. K-5  1.00  $4,120.10  0    0    $0     0    $0
    ii. 6-8  1.08  $4,450.05  238    239    $1,063,561     1    $4,450
    iii. 9-12  1.03  $4,243.31  442    455    $1,930,706     13    $55,163
Need Weight Total      297    270    $584,464     (27)    ($109,176)
II. Academic Intervention      222    208    $271,442     (14)    ($27,812)
    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  13    9    $18,550     (4)    ($8,244)
    b. Below Standards  0.35  $1,441.93  43    40    $57,677     (3)    ($4,326)
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,647.62  64    51    $84,029     (13)    ($21,419)
    b. Below Standards  0.25  $1,029.50  102    108    $111,186     6    $6,177
    iv. Heavy Graduation Challenge OTC  0.40  $1,647.62  0    0    $0     0    $0
III. English Language Learner (ELL)      8    8    $16,489     0    $0
    i. K-5  0.40  $1,647.62  0    0    $0     0    $0
    ii. 6-8  0.50  $2,061.10  2    2    $4,122     0    $0
    iii. 9-12  0.50  $2,061.10  6    6    $12,367     0    $0
IV. Special Education Services      67    54    $296,532     (13)    ($81,364)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,307.51  19    16    $36,920     (3)    ($6,923)
    b. 21% to 59%  1.25  $5,152.53  5    4    $20,610     (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    1    $2,406     1    $2,406
    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  3    3    $21,509     0    $0
    d. 9-12 Filled Seats  1.74  $7,169.56  40    30    $215,087     (10)    ($71,696)
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   880.63     868.60     $3,578,731     (12.03)     ($49,563)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
868.60 x $2.44 + $2,121        
Foundation       +   $225,000        
FY14 Fair Student Formula at 100% [j]       =   $3,805,852        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY13 Revised Based Allocations (from Overview page) a       $3,162,410
Register Change          
  Fair Student Funding Register Formula s   ($49,563)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 80.96%    
  Register Change Allocation Based on School's Percent of Formula h     + ($40,126)
Adjustment for System-wide Teacher Salary Growth i     + $2,121
  Foundation for New Schools u     + $0
Adjustment to Raise School's FSF Funding Percent If Less than 81% v     + $1,084
FY14 Initial Fair Student Funding Allocations x=a+h+i+u+v     = $3,125,489
FY14 Final Percent of Formula                   ($3,125,489 - $225,000) w     = 81.00%
                      ($3,805,852 - $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.