School Budget Overview

Fair Student Funding Budget For 2014-15 School Year 



(*)To print in Internet Explorer, in Paper Options use "Enable Shrink-to-Fit" and in Page Setup and set the print margins to .25

Fair Student Funding Formula Detail l m n   o   p
o * m
  q
o - n
  r
q * m
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      511    514    $2,202,212     3    $12,944
    i. K-5  1.00  $4,122.55  0    0    $0     0    $0
    ii. 6-8  1.08  $4,452.68  95    96    $427,458     1    $4,453
    iii. 9-12  1.03  $4,245.83  416    418    $1,774,755     2    $8,492
Need Weight Total      86    96    $306,632     10    $90,797
II. Academic Intervention      50    47    $54,807     (3)    ($1,235)
    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  2    2    $2,886     0    $0
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,648.60  6    9    $14,837     3    $4,946
    b. Below Standards  0.25  $1,030.11  42    36    $37,084     (6)    ($6,181)
    iv. Heavy Graduation Challenge OTC  0.40  $1,648.60  0    0    $0     0    $0
III. English Language Learner (ELL)      3    1    $2,062     (2)    ($4,125)
    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  3    1    $2,062     (2)    ($4,125)
IV. Special Education Services      33    48    $249,763     15    $96,156
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,308.88  10    9    $20,780     (1)    ($2,309)
    b. 21% to 59%  1.25  $5,155.58  10    11    $56,711     1    $5,156
    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  3    6    $14,447     3    $7,224
    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  1    5    $35,869     4    $28,695
    d. 9-12 Filled Seats  1.74  $7,173.81  9    17    $121,955     8    $57,391
V. Portfolio      416    418    $603,085     2    $2,886
    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  416    418    $603,085     2    $2,886
    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   728.99     754.86     $3,111,929     25.86     $106,627
Adjustment for System-wide Teacher Salary Growth [g] Weighted Register   Salary            
754.86 x $0.00 + $0        
Foundation       +   $225,000        
FY15 Fair Student Funding Formula at 100% [i]       =   $3,336,929        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY14 Revised Based Allocations (from Overview page) a       $3,134,426
Register Change          
  Fair Student Funding Register Formula s   $106,627    
  FY15 Fair Student Funding Percentage Capped at 100% t x 96.81%    
  Register Change Allocation Based on School's Percent of Formula f     + $103,225
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     = $3,237,651
FY15 Final Percent of Formula                   ($3,237,651 - $225,000) j     = 96.81%
                      ($3,336,929 - $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.