School Budget Overview

Fair Student Funding Budget For 2014-15 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 FY15
Weight
FY15 Per Capita without Funding for System-wide Teacher Salary Growth* FY14
Actual Registers
  FY15 Projected   Register Change
  Register   Formula   Register   Formula
I. Grade Weight      460    453    $1,923,359     (7)    ($29,721)
    i. K-5  1.00  $4,122.55  0    0    $0     0    $0
    ii. 6-8  1.08  $4,452.68  0    0    $0     0    $0
    iii. 9-12  1.03  $4,245.83  460    453    $1,923,359     (7)    ($29,721)
Need Weight Total      379    359    $785,634     (20)    ($22,433)
II. Academic Intervention      277    261    $315,246     (16)    ($27,615)
    i. Poverty  0.12  $494.71  0    0    $0     0    $0
    ii. Achievement (4-5)                      
    a. Well Below Standards  0.40  $1,648.60  0    0    $0     0    $0
    b. Below Standards  0.25  $1,030.11  0    0    $0     0    $0
    iii. Achievement (6-8)                      
    a. Well Below Standards  0.50  $2,062.32  0    0    $0     0    $0
    b. Below Standards  0.35  $1,442.79  0    0    $0     0    $0
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,648.60  86    71    $117,051     (15)    ($24,729)
    b. Below Standards  0.25  $1,030.11  184    186    $191,601     2    $2,060
    iv. Heavy Graduation Challenge OTC  0.40  $1,648.60  7    4    $6,594     (3)    ($4,946)
III. English Language Learner (ELL)      39    33    $68,056     (6)    ($12,374)
    i. K-5  0.40  $1,648.60  0    0    $0     0    $0
    ii. 6-8  0.50  $2,062.32  0    0    $0     0    $0
    iii. 9-12  0.50  $2,062.32  39    33    $68,056     (6)    ($12,374)
IV. Special Education Services      63    65    $402,331     2    $17,556
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,308.88  8    9    $20,780     1    $2,309
    b. 21% to 59%  1.25  $5,155.58  14    10    $51,556     (4)    ($20,622)
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,867.98  0    0    $0     0    $0
    b. 9-12 Filled Seats  0.58  $2,407.91  0    0    $0     0    $0
    iii. Special Education >= 60% Integrated                      
    a. K Filled Seats  2.09  $8,608.78  0    0    $0     0    $0
    b. 1-5 Filled Seats  1.74  $7,173.81  0    0    $0     0    $0
    c. 6-8 Filled Seats  1.74  $7,173.81  0    0    $0     0    $0
    d. 9-12 Filled Seats  1.74  $7,173.81  41    46    $329,995     5    $35,869
V. Portfolio      0    0    $0     0    $0
    i. Career and Technical Education                      
    a. Nursing/Aviation  0.26  $1,071.90  0    0    $0     0    $0
    b. Health/Trade/Technical  0.17  $701.02  0    0    $0     0    $0
    c. Engineering/Hospitality/IT  0.12  $494.16  0    0    $0     0    $0
    d. Home Eco/Arts/Business  0.05  $205.81  0    0    $0     0    $0
    ii. Specialized Academic  0.25  $1,030.11  0    0    $0     0    $0
    iii. Specialized Audition  0.35  $1,442.79  0    0    $0     0    $0
    iv. Transfer School                      
    a. Heavy Graduation Challenge  0.40  $1,648.60  0    0    $0     0    $0
    b. Regular Graduation Challenge  0.21  $859.18  0    0    $0     0    $0
TOTAL FAIR STUDENT FUNDING WEIGHTED REGISTER AND FORMULA   669.77     657.12     $2,708,993     (12.65)     ($52,154)
Adjustment for System-wide Teacher Salary Growth [g] Weighted Register   Salary            
657.12 x $0.00 + $0        
Foundation       +   $225,000        
FY15 Fair Student Funding Formula at 100% [i]       =   $2,933,993        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY14 Revised Based Allocations (from Overview page) a       $2,664,009
Register Change          
  Fair Student Funding Register Formula s   ($52,154)    
  FY15 Fair Student Funding Percentage Capped at 100% t x 88.33%    
  Register Change Allocation Based on School's Percent of Formula f     + ($46,069)
Adjustment for System-wide Teacher Salary Growth g     + $0
  Foundation for New Schools h     + $0
FY15 Initial Fair Student Funding Allocations d=a+f+g+h     = $2,617,940
FY15 Final Percent of Formula                   ($2,617,940 - $225,000) j     = 88.33%
                      ($2,933,993 - $225,000)    



* Chart of FY15 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.