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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 |
|
FY15 Projected |
|
Register Change |
|
Register |
|
Formula |
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Register |
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Formula |
|
I.
|
Grade Weight |
|
|
605 |
|
590 |
|
$2,553,855 |
|
(15) |
|
($64,515) |
|
i. |
K-5 |
1.00 |
$4,122.55 |
0 |
|
0
|
|
$0
|
|
0 |
|
$0 |
|
ii. |
6-8 |
1.08 |
$4,452.68 |
240 |
|
236
|
|
$1,050,833
|
|
(4) |
|
($17,811) |
|
iii. |
9-12 |
1.03 |
$4,245.83 |
365 |
|
354
|
|
$1,503,022
|
|
(11) |
|
($46,704) |
|
Need Weight Total |
|
|
214 |
|
190 |
|
$690,209 |
|
(24) |
|
($29,681) |
|
i. |
Poverty |
0.12 |
$494.71 |
0 |
|
0
|
|
$0
|
|
0 |
|
$0 |
|
ii. |
Achievement (4-5) |
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|
|
|
|
|
|
|
|
|
|
|
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 |
5 |
|
3
|
|
$6,187
|
|
(2) |
|
($4,125) |
|
b. |
Below Standards |
0.35 |
$1,442.79 |
17 |
|
15
|
|
$21,642
|
|
(2) |
|
($2,886) |
|
iii. |
Achievement (9-12) |
|
|
|
|
|
|
|
|
|
|
|
|
a. |
Well Below Standards |
0.40 |
$1,648.60 |
18 |
|
12
|
|
$19,783
|
|
(6) |
|
($9,892) |
|
b. |
Below Standards |
0.25 |
$1,030.11 |
52 |
|
43
|
|
$44,295
|
|
(9) |
|
($9,271) |
|
iv. |
Heavy Graduation Challenge OTC |
0.40 |
$1,648.60 |
1 |
|
0
|
|
$0
|
|
(1) |
|
($1,649) |
|
i. |
K-5 |
0.40 |
$1,648.60 |
0 |
|
0
|
|
$0
|
|
0 |
|
$0 |
|
ii. |
6-8 |
0.50 |
$2,062.32 |
5 |
|
2
|
|
$4,125
|
|
(3) |
|
($6,187) |
|
iii. |
9-12 |
0.50 |
$2,062.32 |
0 |
|
1
|
|
$2,062
|
|
1 |
|
$2,062 |
|
i |
Special Education < 60% |
|
|
|
|
|
|
|
|
|
|
|
|
a. |
<= 20% |
0.56 |
$2,308.88 |
44 |
|
41
|
|
$94,664
|
|
(3) |
|
($6,927) |
|
b. |
21% to 59% |
1.25 |
$5,155.58 |
14 |
|
13
|
|
$67,023
|
|
(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 |
0 |
|
0
|
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$0
|
|
0 |
|
$0 |
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iii. |
Special Education >= 60% Integrated |
|
|
|
|
|
|
|
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|
|
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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 |
22 |
|
21
|
|
$150,650
|
|
(1) |
|
($7,174) |
|
d. |
9-12 Filled Seats |
1.74 |
$7,173.81 |
36 |
|
39
|
|
$279,779
|
|
3 |
|
$21,521 |
|
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 |
|
|
|
|
|
|
|
|
|
|
|
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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
|
809.76 |
|
786.91 |
|
$3,244,064 |
|
(22.85) |
|
($94,195) |
|
Adjustment for System-wide Teacher Salary Growth [g] |
Weighted Register |
|
Salary |
|
|
|
|
|
|
786.91 |
x |
$0.00 |
+ |
$0 |
|
|
|
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|
Foundation |
|
|
|
+ |
$225,000 |
|
|
|
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FY15 Fair Student Funding Formula at 100% [i] |
|
|
|
= |
$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 |
|
|
|
$3,184,294 |
|
Register Change |
|
|
|
|
|
|
Fair Student Funding Register Formula |
s |
|
($94,195) |
|
|
|
FY15 Fair Student Funding Percentage Capped at 100% |
t |
x |
88.65% |
|
|
|
Register Change Allocation Based on School's Percent of Formula |
f |
|
|
+ |
($83,502) |
|
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 |
|
|
= |
$3,100,792 |
|
FY15 Final Percent of Formula |
($3,100,792
-
$225,000) |
j |
|
|
=
|
88.65% |
|
|
($3,469,064
-
$225,000) |
|
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| |