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      536    529    $2,293,088     (7)    ($34,045)
    i. K-5  1.00  $4,120.10  0    0    $0     0    $0
    ii. 6-8  1.08  $4,450.05  255    234    $1,041,311     (21)    ($93,451)
    iii. 9-12  1.03  $4,243.31  281    295    $1,251,777     14    $59,406
Need Weight Total      391    437    $947,766     46    $62,966
II. Academic Intervention      253    292    $431,132     39    $41,583
    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  61    53    $109,238     (8)    ($16,489)
    b. Below Standards  0.35  $1,441.93  54    58    $83,632     4    $5,768
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,647.62  71    80    $131,810     9    $14,829
    b. Below Standards  0.25  $1,029.50  67    97    $99,862     30    $30,885
    iv. Heavy Graduation Challenge OTC  0.40  $1,647.62  0    4    $6,591     4    $6,591
III. English Language Learner (ELL)      46    56    $115,421     10    $20,611
    i. K-5  0.40  $1,647.62  0    0    $0     0    $0
    ii. 6-8  0.50  $2,061.10  29    29    $59,772     0    $0
    iii. 9-12  0.50  $2,061.10  17    27    $55,650     10    $20,611
IV. Special Education Services      92    89    $401,212     (3)    $771
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,307.51  26    22    $50,765     (4)    ($9,230)
    b. 21% to 59%  1.25  $5,152.53  39    20    $103,051     (19)    ($97,898)
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,865.10  9    12    $58,381     3    $14,595
    b. 9-12 Filled Seats  0.58  $2,406.49  7    13    $31,284     6    $14,439
    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    10    $71,696     6    $43,017
    d. 9-12 Filled Seats  1.74  $7,169.56  7    12    $86,035     5    $35,848
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   779.58     786.59     $3,240,853     7.02     $28,921
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
786.59 x $2.44 + $1,920        
Foundation       +   $225,000        
FY14 Fair Student Formula at 100% [j]       =   $3,467,773        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY13 Revised Based Allocations (from Overview page) a       $2,949,168
Register Change          
  Fair Student Funding Register Formula s   $28,921    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 84.81%    
  Register Change Allocation Based on School's Percent of Formula h     + $24,529
Adjustment for System-wide Teacher Salary Growth i     + $1,920
  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     = $2,975,617
FY14 Final Percent of Formula                   ($2,975,617 - $225,000) w     = 84.82%
                      ($3,467,773 - $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.