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      696    404    $1,714,297     (292)    ($1,239,047)
    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  696    404    $1,714,297     (292)    ($1,239,047)
Need Weight Total      923    497    $917,648     (426)    ($914,849)
II. Academic Intervention      595    332    $449,348     (263)    ($361,623)
    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  321    161    $265,267     (160)    ($263,620)
    b. Below Standards  0.25  $1,029.50  274    158    $162,662     (116)    ($119,422)
    iv. Heavy Graduation Challenge OTC  0.40  $1,647.62  0    13    $21,419     13    $21,419
III. English Language Learner (ELL)      153    96    $197,865     (57)    ($117,482)
    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  153    96    $197,865     (57)    ($117,482)
IV. Special Education Services      175    69    $270,435     (106)    ($435,743)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,307.51  61    20    $46,150     (41)    ($94,608)
    b. 21% to 59%  1.25  $5,152.53  106    37    $190,643     (69)    ($355,524)
    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  8    11    $26,471     3    $7,219
    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  0    1    $7,170     1    $7,170
V. Portfolio      696    404    $239,935     (292)    ($174,205)
    i. Career and Technical Education                      
    a. Nursing  0.26  $1,071.27  66    37    $39,345     (29)    ($31,227)
    b. Health / Trade / Technical  0.17  $700.61  157    93    $65,085     (64)    ($44,613)
    c. Business  0.12  $493.87  474    274    $135,505     (199)    ($98,365)
    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   1,262.10     697.04     $2,871,881     (565.06)     ($2,328,101)
Adjustment for System-wide Teacher Salary Growth [i] Weighted Register   Salary            
697.04 x $2.44 + $1,702        
Foundation       +   $225,000        
FY14 Fair Student Formula at 100% [j]       =   $3,098,582        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY13 Revised Based Allocations (from Overview page) a       $4,409,506
Register Change          
  Fair Student Funding Register Formula s   ($2,328,101)    
  Change to Preliminary Fair Student Funding Percentage Capped at 100% t x 80.47%    
  Register Change Allocation Based on School's Percent of Formula h     + ($1,873,459)
Adjustment for System-wide Teacher Salary Growth i     + $1,702
  Foundation for New Schools u     + $0
Adjustment to Raise School's FSF Funding Percent If Less than 81% v     + $14,853
FY14 Initial Fair Student Funding Allocations x=a+h+i+u+v     = $2,552,602
FY14 Final Percent of Formula                   ($2,552,602 - $225,000) w     = 81.00%
                      ($3,098,582 - $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.