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      465    475    $2,051,751     10    $40,986
    i. K-5  1.00  $4,120.10  0    0    $0     0    $0
    ii. 6-8  1.08  $4,450.05  182    175    $778,758     (7)    ($31,150)
    iii. 9-12  1.03  $4,243.31  283    300    $1,272,993     17    $72,136
Need Weight Total      285    259    $622,680     (26)    ($51,478)
II. Academic Intervention      210    185    $251,897     (25)    ($53,779)
    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  29    18    $37,100     (11)    ($22,672)
    b. Below Standards  0.35  $1,441.93  53    41    $59,119     (12)    ($17,303)
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,647.62  61    42    $69,200     (19)    ($31,305)
    b. Below Standards  0.25  $1,029.50  67    84    $86,478     17    $17,502
    iv. Heavy Graduation Challenge OTC  0.40  $1,647.62  0    0    $0     0    $0
III. English Language Learner (ELL)      9    12    $24,733     3    $6,183
    i. K-5  0.40  $1,647.62  0    0    $0     0    $0
    ii. 6-8  0.50  $2,061.10  1    0    $0     (1)    ($2,061)
    iii. 9-12  0.50  $2,061.10  8    12    $24,733     4    $8,244
IV. Special Education Services      66    62    $346,049     (4)    ($3,883)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,307.51  18    11    $25,383     (7)    ($16,153)
    b. 21% to 59%  1.25  $5,152.53  5    6    $30,915     1    $5,153
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,865.10  7    6    $29,191     (1)    ($4,865)
    b. 9-12 Filled Seats  0.58  $2,406.49  2    4    $9,626     2    $4,813
    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    1    $7,170     (1)    ($7,170)
    d. 9-12 Filled Seats  1.74  $7,169.56  32    34    $243,765     2    $14,339
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   651.66     649.12     $2,674,431     (2.55)     ($10,492)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
649.12 x $2.44 + $1,585        
Foundation       +   $225,000        
FY14 Fair Student Formula at 100% [j]       =   $2,901,016        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY13 Revised Based Allocations (from Overview page) a       $2,562,701
Register Change          
  Fair Student Funding Register Formula s   ($10,492)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 87.07%    
  Register Change Allocation Based on School's Percent of Formula h     + ($9,135)
Adjustment for System-wide Teacher Salary Growth i     + $1,585
  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     = $2,555,151
FY14 Final Percent of Formula                   ($2,555,151 - $225,000) w     = 87.08%
                      ($2,901,016 - $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.