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      661    672    $2,858,498     11    $50,630
    i. K-5  1.00  $4,122.55  410    405    $1,669,631     (5)    ($20,613)
    ii. 6-8  1.08  $4,452.68  251    267    $1,188,867     16    $71,243
    iii. 9-12  1.03  $4,245.83  0    0    $0     0    $0
Need Weight Total      256    300    $326,068     44    $35,589
II. Academic Intervention      188    227    $112,298     39    $19,294
    i. Poverty  0.12  $494.71  188    227    $112,298     39    $19,294
    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  0    0    $0     0    $0
    b. Below Standards  0.25  $1,030.11  0    0    $0     0    $0
    iv. Heavy Graduation Challenge OTC  0.40  $1,648.60  0    0    $0     0    $0
III. English Language Learner (ELL)      12    17    $28,854     5    $9,070
    i. K-5  0.40  $1,648.60  12    15    $24,729     3    $4,946
    ii. 6-8  0.50  $2,062.32  0    2    $4,125     2    $4,125
    iii. 9-12  0.50  $2,062.32  0    0    $0     0    $0
IV. Special Education Services      56    56    $184,916     0    $7,225
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,308.88  39    40    $92,355     1    $2,309
    b. 21% to 59%  1.25  $5,155.58  17    12    $61,867     (5)    ($25,778)
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,867.98  0    1    $4,868     1    $4,868
    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    3    $25,826     3    $25,826
    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  0    0    $0     0    $0
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   751.56     772.48     $3,184,566     20.91     $86,219
Adjustment for System-wide Teacher Salary Growth [g] Weighted Register   Salary            
772.48 x $0.00 + $0        
Foundation       +   $225,000        
FY15 Fair Student Funding Formula at 100% [i]       =   $3,409,566        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY14 Revised Based Allocations (from Overview page) a       $3,049,558
Register Change          
  Fair Student Funding Register Formula s   $86,219    
  FY15 Fair Student Funding Percentage Capped at 100% t x 91.16%    
  Register Change Allocation Based on School's Percent of Formula f     + $78,601
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     = $3,128,159
FY15 Final Percent of Formula                   ($3,128,159 - $225,000) j     = 91.16%
                      ($3,409,566 - $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.