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Fair Student Funding Overview
Fair Student Funding Budget For 2014-15 School Year
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Fair Student Funding Formula Detail |
l |
m |
n |
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o |
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p
o * m |
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q
o - n |
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r
q * m |
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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 |
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FY15 Projected |
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Register Change |
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Register |
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Formula |
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Register |
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Formula |
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I.
|
Grade Weight |
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605 |
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590 |
|
$2,553,855 |
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(15) |
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($64,515) |
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i. |
K-5 |
1.00 |
$4,122.55 |
0 |
|
0
|
|
$0
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|
0 |
|
$0 |
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ii. |
6-8 |
1.08 |
$4,452.68 |
240 |
|
236
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$1,050,833
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(4) |
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($17,811) |
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iii. |
9-12 |
1.03 |
$4,245.83 |
365 |
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354
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$1,503,022
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(11) |
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($46,704) |
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Need Weight Total |
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|
214 |
|
190 |
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$690,209 |
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(24) |
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($29,681) |
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i. |
Poverty |
0.12 |
$494.71 |
0 |
|
0
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$0
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|
0 |
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$0 |
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ii. |
Achievement (4-5) |
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a. |
Well Below Standards |
0.40 |
$1,648.60 |
0 |
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0
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$0
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|
0 |
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$0 |
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b. |
Below Standards |
0.25 |
$1,030.11 |
0 |
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0
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$0
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|
0 |
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$0 |
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iii. |
Achievement (6-8) |
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a. |
Well Below Standards |
0.50 |
$2,062.32 |
5 |
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3
|
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$6,187
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(2) |
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($4,125) |
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b. |
Below Standards |
0.35 |
$1,442.79 |
17 |
|
15
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$21,642
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(2) |
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($2,886) |
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iii. |
Achievement (9-12) |
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|
|
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|
|
|
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|
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a. |
Well Below Standards |
0.40 |
$1,648.60 |
18 |
|
12
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$19,783
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(6) |
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($9,892) |
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b. |
Below Standards |
0.25 |
$1,030.11 |
52 |
|
43
|
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$44,295
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(9) |
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($9,271) |
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iv. |
Heavy Graduation Challenge OTC |
0.40 |
$1,648.60 |
1 |
|
0
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$0
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(1) |
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($1,649) |
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i. |
K-5 |
0.40 |
$1,648.60 |
0 |
|
0
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$0
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|
0 |
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$0 |
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ii. |
6-8 |
0.50 |
$2,062.32 |
5 |
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2
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$4,125
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(3) |
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($6,187) |
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iii. |
9-12 |
0.50 |
$2,062.32 |
0 |
|
1
|
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$2,062
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|
1 |
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$2,062 |
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i |
Special Education < 60% |
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|
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a. |
<= 20% |
0.56 |
$2,308.88 |
44 |
|
41
|
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$94,664
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(3) |
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($6,927) |
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b. |
21% to 59% |
1.25 |
$5,155.58 |
14 |
|
13
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$67,023
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(1) |
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($5,156) |
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ii. |
Special Education >= 60% Contained |
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a. |
K-8 Filled Seats |
1.18 |
$4,867.98 |
0 |
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0
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$0
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0 |
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$0 |
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b. |
9-12 Filled Seats |
0.58 |
$2,407.91 |
0 |
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0
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$0
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0 |
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$0 |
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iii. |
Special Education >= 60% Integrated |
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a. |
K Filled Seats |
2.09 |
$8,608.78 |
0 |
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0
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$0
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0 |
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$0 |
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b. |
1-5 Filled Seats |
1.74 |
$7,173.81 |
0 |
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0
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$0
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0 |
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$0 |
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c. |
6-8 Filled Seats |
1.74 |
$7,173.81 |
22 |
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21
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$150,650
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(1) |
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($7,174) |
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d. |
9-12 Filled Seats |
1.74 |
$7,173.81 |
36 |
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39
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$279,779
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3 |
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$21,521 |
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i. |
Career and Technical Education |
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a. |
Nursing/Aviation |
0.26 |
$1,071.90 |
0 |
|
0
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$0
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|
0 |
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$0 |
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b. |
Health/Trade/Technical |
0.17 |
$701.02 |
0 |
|
0
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$0
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|
0 |
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$0 |
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c. |
Engineering/Hospitality/IT |
0.12 |
$494.16 |
0 |
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0
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$0
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0 |
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$0 |
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d. |
Home Eco/Arts/Business |
0.05 |
$205.81 |
0 |
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0
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$0
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|
0 |
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$0 |
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ii. |
Specialized Academic
|
0.25 |
$1,030.11 |
0 |
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0
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$0
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|
0 |
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$0 |
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iii. |
Specialized Audition
|
0.35 |
$1,442.79 |
0 |
|
0
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$0
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|
0 |
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$0 |
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iv. |
Transfer School |
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a. |
Heavy Graduation Challenge
|
0.40 |
$1,648.60 |
0 |
|
0
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$0
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|
0 |
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$0 |
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b. |
Regular Graduation Challenge
|
0.21 |
$859.18 |
0 |
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0
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$0
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0 |
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$0 |
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TOTAL FAIR STUDENT FUNDING WEIGHTED REGISTER AND FORMULA
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809.76 |
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786.91 |
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$3,244,064 |
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(22.85) |
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($94,195) |
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Adjustment for System-wide Teacher Salary Growth [g] |
Weighted Register |
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Salary |
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786.91 |
x |
$0.00 |
+ |
$0 |
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Foundation |
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+ |
$225,000 |
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FY15 Fair Student Funding Formula at 100% [i] |
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= |
$3,469,064 |
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WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY
ALLOCATION |
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FY14 Revised Based Allocations (from Overview page) |
a |
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$3,184,294 |
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Register Change |
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Fair Student Funding Register Formula |
s |
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($94,195) |
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FY15 Fair Student Funding Percentage Capped at 100% |
t |
x |
88.65% |
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Register Change Allocation Based on School's Percent of Formula |
f |
|
|
+ |
($83,502) |
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Adjustment for System-wide Teacher Salary Growth |
g |
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+ |
$0 |
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Foundation for New Schools |
h |
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+ |
$0 |
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FY15 Initial Fair Student Funding Allocations |
d=a+f+g+h |
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= |
$3,100,792 |
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FY15 Final Percent of Formula |
($3,100,792
-
$225,000) |
j |
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=
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88.65% |
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($3,469,064
-
$225,000) |
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