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      466    308    $1,306,940     (158)    ($670,443)
    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  466    308    $1,306,940     (158)    ($670,443)
Need Weight Total      428    313    $572,744     (115)    ($318,833)
II. Academic Intervention      304    247    $325,371     (57)    ($79,080)
    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  148    104    $171,353     (44)    ($72,495)
    b. Below Standards  0.25  $1,029.50  156    132    $135,895     (24)    ($24,708)
    iv. Heavy Graduation Challenge OTC  0.40  $1,647.62  0    11    $18,124     11    $18,124
III. English Language Learner (ELL)      46    30    $61,833     (16)    ($32,978)
    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  46    30    $61,833     (16)    ($32,978)
IV. Special Education Services      78    36    $185,540     (42)    ($206,775)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,307.51  18    0    $0     (18)    ($41,535)
    b. 21% to 59%  1.25  $5,152.53  37    10    $51,525     (27)    ($139,118)
    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  1    11    $26,471     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  22    15    $107,543     (7)    ($50,187)
V. Portfolio      466    308    $194,286     (158)    ($136,938)
    i. Career and Technical Education                      
    a. Nursing  0.26  $1,071.27  114    51    $54,731     (63)    ($67,896)
    b. Health / Trade / Technical  0.17  $700.61  195    61    $42,953     (134)    ($93,642)
    c. Business  0.12  $493.87  138    196    $96,602     58    $28,398
    d. Home Economics / Art  0.05  $205.69  18    0    $0     (18)    ($3,798)
    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   776.72     503.38     $2,073,970     (273.35)     ($1,126,214)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
503.38 x $2.44 + $1,229        
Foundation       +   $225,000        
FY14 Fair Student Formula at 100% [j]       =   $2,300,199        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY13 Revised Based Allocations (from Overview page) a       $2,870,234
Register Change          
  Fair Student Funding Register Formula s   ($1,126,214)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 82.66%    
  Register Change Allocation Based on School's Percent of Formula h     + ($930,915)
Adjustment for System-wide Teacher Salary Growth i     + $1,229
  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     = $1,940,548
FY14 Final Percent of Formula                   ($1,940,548 - $225,000) w     = 82.67%
                      ($2,300,199 - $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.