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      610    601    $2,599,640     (9)    ($40,050)
    i. K-5  1.00  $4,120.10  0    0    $0     0    $0
    ii. 6-8  1.08  $4,450.05  248    239    $1,063,561     (9)    ($40,050)
    iii. 9-12  1.03  $4,243.31  362    362    $1,536,078     0    $0
Need Weight Total      230    215    $616,616     (15)    ($24,663)
II. Academic Intervention      105    93    $119,657     (12)    ($13,798)
    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  6    5    $10,305     (1)    ($2,061)
    b. Below Standards  0.35  $1,441.93  18    17    $24,513     (1)    ($1,442)
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,647.62  19    18    $29,657     (1)    ($1,648)
    b. Below Standards  0.25  $1,029.50  62    52    $53,534     (10)    ($10,295)
    iv. Heavy Graduation Challenge OTC  0.40  $1,647.62  0    1    $1,648     1    $1,648
III. English Language Learner (ELL)      5    5    $10,305     0    $0
    i. K-5  0.40  $1,647.62  0    0    $0     0    $0
    ii. 6-8  0.50  $2,061.10  4    5    $10,305     1    $2,061
    iii. 9-12  0.50  $2,061.10  1    0    $0     (1)    ($2,061)
IV. Special Education Services      120    117    $486,653     (3)    ($10,864)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,307.51  46    46    $106,145     0    $0
    b. 21% to 59%  1.25  $5,152.53  69    59    $303,999     (10)    ($51,525)
    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    2    $4,813     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  4    8    $57,357     4    $28,678
    d. 9-12 Filled Seats  1.74  $7,169.56  1    2    $14,339     1    $7,170
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   796.33     780.62     $3,216,255     (15.71)     ($64,713)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
780.62 x $2.44 + $1,906        
Foundation       +   $225,000        
FY14 Fair Student Formula at 100% [j]       =   $3,443,161        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY13 Revised Based Allocations (from Overview page) a       $3,127,002
Register Change          
  Fair Student Funding Register Formula s   ($64,713)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 88.45%    
  Register Change Allocation Based on School's Percent of Formula h     + ($57,238)
Adjustment for System-wide Teacher Salary Growth i     + $1,906
  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     = $3,071,670
FY14 Final Percent of Formula                   ($3,071,670 - $225,000) w     = 88.46%
                      ($3,443,161 - $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.