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Fair Student Funding Overview
Fair Student Funding Budget For 2013-14 School Year
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Fair Student Funding Formula Detail |
l |
m |
n |
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o |
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p
o * m |
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q
o - n |
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r
q * m |
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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 |
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FY14 Projected |
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Register Change |
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Register |
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Formula |
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Register |
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Formula |
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I.
|
Grade Weight |
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493 |
|
446 |
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$1,837,566 |
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(47) |
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($193,645) |
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i. |
K-5 |
1.00 |
$4,120.10 |
493 |
|
446
|
|
$1,837,566
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(47) |
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($193,645) |
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ii. |
6-8 |
1.08 |
$4,450.05 |
0 |
|
0
|
|
$0
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|
0 |
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$0 |
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iii. |
9-12 |
1.03 |
$4,243.31 |
0 |
|
0
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$0
|
|
0 |
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$0 |
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Need Weight Total |
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|
601 |
|
585 |
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$744,008 |
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(16) |
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($112,732) |
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i. |
Poverty |
0.12 |
$494.41 |
438 |
|
437
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$216,058
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(1) |
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($494) |
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ii. |
Achievement (4-5) |
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a. |
Well Below Standards |
0.40 |
$1,647.62 |
0 |
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0
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$0
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|
0 |
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$0 |
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b. |
Below Standards |
0.25 |
$1,029.50 |
0 |
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0
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$0
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|
0 |
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$0 |
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iii. |
Achievement (6-8) |
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a. |
Well Below Standards |
0.50 |
$2,061.10 |
0 |
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0
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$0
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|
0 |
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$0 |
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b. |
Below Standards |
0.35 |
$1,441.93 |
0 |
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0
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$0
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0 |
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$0 |
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iii. |
Achievement (9-12) |
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a. |
Well Below Standards |
0.40 |
$1,647.62 |
0 |
|
0
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$0
|
|
0 |
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$0 |
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b. |
Below Standards |
0.25 |
$1,029.50 |
0 |
|
0
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$0
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|
0 |
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$0 |
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iv. |
Heavy Graduation Challenge OTC |
0.40 |
$1,647.62 |
0 |
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0
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$0
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0 |
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$0 |
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i. |
K-5 |
0.40 |
$1,647.62 |
70 |
|
72
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$118,629
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|
2 |
|
$3,295 |
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ii. |
6-8 |
0.50 |
$2,061.10 |
0 |
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0
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$0
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|
0 |
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$0 |
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iii. |
9-12 |
0.50 |
$2,061.10 |
0 |
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0
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$0
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|
0 |
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$0 |
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i |
Special Education < 60% |
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a. |
<= 20% |
0.56 |
$2,307.51 |
12 |
|
12
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$27,690
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|
0 |
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$0 |
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b. |
21% to 59% |
1.25 |
$5,152.53 |
5 |
|
5
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$25,763
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|
0 |
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$0 |
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ii. |
Special Education >= 60% Contained |
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a. |
K-8 Filled Seats |
1.18 |
$4,865.10 |
35 |
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31
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$150,818
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(4) |
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($19,460) |
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b. |
9-12 Filled Seats |
0.58 |
$2,406.49 |
0 |
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0
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$0
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0 |
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$0 |
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iii. |
Special Education >= 60% Integrated |
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a. |
K Filled Seats |
2.09 |
$8,603.68 |
5 |
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3
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$25,811
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(2) |
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($17,207) |
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b. |
1-5 Filled Seats |
1.74 |
$7,169.56 |
36 |
|
25
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$179,239
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(11) |
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($78,865) |
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c. |
6-8 Filled Seats |
1.74 |
$7,169.56 |
0 |
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0
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$0
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0 |
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$0 |
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d. |
9-12 Filled Seats |
1.74 |
$7,169.56 |
0 |
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0
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$0
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0 |
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$0 |
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i. |
Career and Technical Education |
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a. |
Nursing |
0.26 |
$1,071.27 |
0 |
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0
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$0
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|
0 |
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$0 |
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b. |
Health / Trade / Technical |
0.17 |
$700.61 |
0 |
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0
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$0
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|
0 |
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$0 |
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c. |
Business |
0.12 |
$493.87 |
0 |
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0
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$0
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0 |
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$0 |
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d. |
Home Economics / Art |
0.05 |
$205.69 |
0 |
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0
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$0
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0 |
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$0 |
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ii. |
Specialized Academic
|
0.25 |
$1,029.50 |
0 |
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0
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$0
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|
0 |
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$0 |
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iii. |
Specialized Audition
|
0.35 |
$1,441.93 |
0 |
|
0
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$0
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|
0 |
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$0 |
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iv. |
Transfer School |
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a. |
Heavy Graduation Challenge
|
0.40 |
$1,647.62 |
0 |
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0
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$0
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0 |
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$0 |
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b. |
Regular Graduation Challenge
|
0.21 |
$858.67 |
0 |
|
0
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$0
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0 |
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$0 |
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TOTAL FAIR STUDENT FUNDING WEIGHTED REGISTER AND FORMULA
|
700.94 |
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626.58 |
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$2,581,575 |
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(74.36) |
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($306,377) |
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Adjustment for System-wide Teacher Salary Growth [i] |
Weighted Register |
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Salary |
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626.58 |
x |
$2.44 |
+ |
$1,530 |
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Foundation |
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+ |
$225,000 |
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FY14 Fair Student Formula at 100% [j] |
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= |
$2,808,104 |
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WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY
ALLOCATION |
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FY13 Revised Based Allocations (from Overview page) |
a |
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$2,544,743 |
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Register Change |
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Fair Student Funding Register Formula |
s |
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($306,377) |
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Change to Preliminary Fair Student Funding Percentage Capped at 100% |
t |
x |
80.32% |
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Register Change Allocation Based on School's Percent of Formula |
h |
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+ |
($246,097) |
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Adjustment for System-wide Teacher Salary Growth |
i |
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|
+ |
$1,530 |
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Foundation for New Schools |
u |
|
|
+ |
$0 |
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Adjustment to Raise School's FSF Funding Percent If Less than 81%
|
v |
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|
+ |
$17,139 |
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FY14 Initial Fair Student Funding Allocations |
x=a+h+i+u+v |
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= |
$2,317,315 |
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FY14 Final Percent of Formula |
($2,317,315
-
$225,000) |
w |
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=
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81.00% |
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($2,808,104
-
$225,000) |
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