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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 |
|
FY14 Projected |
|
Register Change |
|
Register |
|
Formula |
|
Register |
|
Formula |
|
I.
|
Grade Weight |
|
|
386 |
|
385 |
|
$1,713,268 |
|
(1) |
|
($4,450) |
|
i. |
K-5 |
1.00 |
$4,120.10 |
0 |
|
0
|
|
$0
|
|
0 |
|
$0 |
|
ii. |
6-8 |
1.08 |
$4,450.05 |
386 |
|
385
|
|
$1,713,268
|
|
(1) |
|
($4,450) |
|
iii. |
9-12 |
1.03 |
$4,243.31 |
0 |
|
0
|
|
$0
|
|
0 |
|
$0 |
|
Need Weight Total |
|
|
376 |
|
324 |
|
$752,412 |
|
(52) |
|
($68,806) |
|
i. |
Poverty |
0.12 |
$494.41 |
0 |
|
0
|
|
$0
|
|
0 |
|
$0 |
|
ii. |
Achievement (4-5) |
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|
|
|
|
|
|
|
|
|
|
|
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 |
104 |
|
70
|
|
$144,277
|
|
(34) |
|
($70,077) |
|
b. |
Below Standards |
0.35 |
$1,441.93 |
112 |
|
105
|
|
$151,403
|
|
(7) |
|
($10,094) |
|
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 |
|
i. |
K-5 |
0.40 |
$1,647.62 |
0 |
|
0
|
|
$0
|
|
0 |
|
$0 |
|
ii. |
6-8 |
0.50 |
$2,061.10 |
92 |
|
75
|
|
$154,582
|
|
(17) |
|
($35,039) |
|
iii. |
9-12 |
0.50 |
$2,061.10 |
0 |
|
0
|
|
$0
|
|
0 |
|
$0 |
|
i |
Special Education < 60% |
|
|
|
|
|
|
|
|
|
|
|
|
a. |
<= 20% |
0.56 |
$2,307.51 |
36 |
|
34
|
|
$78,455
|
|
(2) |
|
($4,615) |
|
b. |
21% to 59% |
1.25 |
$5,152.53 |
3 |
|
5
|
|
$25,763
|
|
2 |
|
$10,305 |
|
ii. |
Special Education >= 60% Contained |
|
|
|
|
|
|
|
|
|
|
|
|
a. |
K-8 Filled Seats |
1.18 |
$4,865.10 |
22 |
|
23
|
|
$111,897
|
|
1 |
|
$4,865 |
|
b. |
9-12 Filled Seats |
0.58 |
$2,406.49 |
0 |
|
0
|
|
$0
|
|
0 |
|
$0 |
|
iii. |
Special Education >= 60% Integrated |
|
|
|
|
|
|
|
|
|
|
|
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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 |
7 |
|
12
|
|
$86,035
|
|
5 |
|
$35,848 |
|
d. |
9-12 Filled Seats |
1.74 |
$7,169.56 |
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
|
616.23 |
|
598.45 |
|
$2,465,680 |
|
(17.78) |
|
($73,257) |
|
Adjustment for System-wide Teacher Salary Growth [i] |
Weighted Register |
|
Salary |
|
|
|
|
|
|
598.45 |
x |
$2.44 |
+ |
$1,461 |
|
|
|
|
|
Foundation |
|
|
|
+ |
$225,000 |
|
|
|
|
|
FY14 Fair Student Formula at 100% [j] |
|
|
|
= |
$2,692,141 |
|
|
|
|
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WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY
ALLOCATION |
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|
|
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|
FY13 Revised Based Allocations (from Overview page) |
a |
|
|
|
$2,641,521 |
|
Register Change |
|
|
|
|
|
|
Fair Student Funding Register Formula |
s |
|
($73,257) |
|
|
|
Change to Preliminary Fair Student Funding Percentage Capped at 100% |
t |
x |
95.18% |
|
|
|
Register Change Allocation Based on School's Percent of Formula |
h |
|
|
+ |
($69,724) |
|
Adjustment for System-wide Teacher Salary Growth |
i |
|
|
+ |
$1,461 |
|
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 |
|
|
= |
$2,573,258 |
|
FY14 Final Percent of Formula |
($2,573,258
-
$225,000) |
w |
|
|
=
|
95.18% |
|
|
($2,692,141
-
$225,000) |
|
|
| |