School Budget Overview

Fair Student Funding Budget For 2013-14 School Year 



(*)To print in Internet Explorer, in Paper Options use "Enable Shrink-to-Fit" and in Page Setup and set the print margins to .25

Fair Student Funding Formula Detail l m n   o   p
o * m
  q
o - n
  r
q * m
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      2,993    2,990    $12,687,498     (3)    ($12,730)
    i. K-5  1.00  $4,120.10  0    0    $0     0    $0
    ii. 6-8  1.08  $4,450.05  0    0    $0     0    $0
    iii. 9-12  1.03  $4,243.31  2,993    2,990    $12,687,498     (3)    ($12,730)
Need Weight Total      2,385    2,316    $4,452,623     (69)    $146,820
II. Academic Intervention      1,631    1,472    $1,833,762     (159)    ($250,846)
    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  0    0    $0     0    $0
    b. Below Standards  0.35  $1,441.93  0    0    $0     0    $0
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,647.62  656    493    $812,279     (163)    ($268,563)
    b. Below Standards  0.25  $1,029.50  975    957    $985,235     (18)    ($18,531)
    iv. Heavy Graduation Challenge OTC  0.40  $1,647.62  0    22    $36,248     22    $36,248
III. English Language Learner (ELL)      484    552    $1,137,725     68    $140,155
    i. K-5  0.40  $1,647.62  0    0    $0     0    $0
    ii. 6-8  0.50  $2,061.10  0    0    $0     0    $0
    iii. 9-12  0.50  $2,061.10  484    552    $1,137,725     68    $140,155
IV. Special Education Services      270    292    $1,481,136     22    $257,511
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,307.51  98    71    $163,833     (27)    ($62,303)
    b. 21% to 59%  1.25  $5,152.53  46    38    $195,796     (8)    ($41,220)
    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  30    40    $96,260     10    $24,065
    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  0    0    $0     0    $0
    d. 9-12 Filled Seats  1.74  $7,169.56  96    143    $1,025,248     47    $336,970
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   4,127.57     4,160.12     $17,140,122     32.55     $134,090
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
4,160.12 x $2.44 + $10,157        
Foundation       +   $225,000        
FY14 Fair Student Formula at 100% [j]       =   $17,375,279        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY13 Revised Based Allocations (from Overview page) a       $14,028,105
Register Change          
  Fair Student Funding Register Formula s   $134,090    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 81.17%    
  Register Change Allocation Based on School's Percent of Formula h     + $108,835
Adjustment for System-wide Teacher Salary Growth i     + $10,157
  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     = $14,147,097
FY14 Final Percent of Formula                   ($14,147,097 - $225,000) w     = 81.18%
                      ($17,375,279 - $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.