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      903    914    $3,854,860     11    $40,372
    i. K-5  1.00  $4,120.10  618    644    $2,653,347     26    $107,123
    ii. 6-8  1.08  $4,450.05  285    270    $1,201,513     (15)    ($66,751)
    iii. 9-12  1.03  $4,243.31  0    0    $0     0    $0
Need Weight Total      1,117    1,159    $1,425,652     42    $258
II. Academic Intervention      711    744    $367,843     33    $16,316
    i. Poverty  0.12  $494.41  711    744    $367,843     33    $16,316
    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  0    0    $0     0    $0
    b. Below Standards  0.25  $1,029.50  0    0    $0     0    $0
    iv. Heavy Graduation Challenge OTC  0.40  $1,647.62  0    0    $0     0    $0
III. English Language Learner (ELL)      320    336    $576,756     16    $29,670
    i. K-5  0.40  $1,647.62  272    280    $461,335     8    $13,181
    ii. 6-8  0.50  $2,061.10  48    56    $115,421     8    $16,489
    iii. 9-12  0.50  $2,061.10  0    0    $0     0    $0
IV. Special Education Services      86    79    $481,053     (7)    ($45,727)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,307.51  20    15    $34,613     (5)    ($11,538)
    b. 21% to 59%  1.25  $5,152.53  2    1    $5,153     (1)    ($5,153)
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,865.10  0    7    $34,056     7    $34,056
    b. 9-12 Filled Seats  0.58  $2,406.49  0    0    $0     0    $0
    iii. Special Education >= 60% Integrated                      
    a. K Filled Seats  2.09  $8,603.68  8    4    $34,415     (4)    ($34,415)
    b. 1-5 Filled Seats  1.74  $7,169.56  41    42    $301,122     1    $7,170
    c. 6-8 Filled Seats  1.74  $7,169.56  15    10    $71,696     (5)    ($35,848)
    d. 9-12 Filled Seats  1.74  $7,169.56  0    0    $0     0    $0
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   1,271.78     1,281.65     $5,280,512     9.86     $40,630
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
1,281.65 x $2.44 + $3,129        
Foundation       +   $225,000        
FY14 Fair Student Formula at 100% [j]       =   $5,508,641        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY13 Revised Based Allocations (from Overview page) a       $4,404,999
Register Change          
  Fair Student Funding Register Formula s   $40,630    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 79.77%    
  Register Change Allocation Based on School's Percent of Formula h     + $32,412
Adjustment for System-wide Teacher Salary Growth i     + $3,129
  Foundation for New Schools u     + $0
Adjustment to Raise School's FSF Funding Percent If Less than 81% v     + $64,210
FY14 Initial Fair Student Funding Allocations x=a+h+i+u+v     = $4,504,750
FY14 Final Percent of Formula                   ($4,504,750 - $225,000) w     = 81.00%
                      ($5,508,641 - $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.