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      645    637    $2,757,339     (8)    ($32,932)
    i. K-5  1.00  $4,122.55  0    0    $0     0    $0
    ii. 6-8  1.08  $4,452.68  250    255    $1,135,434     5    $22,263
    iii. 9-12  1.03  $4,245.83  395    382    $1,621,905     (13)    ($55,196)
Need Weight Total      417    457    $1,049,585     40    $79,282
II. Academic Intervention      275    299    $401,251     24    $35,656
    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  25    26    $53,620     1    $2,062
    b. Below Standards  0.35  $1,442.79  59    74    $106,766     15    $21,642
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,648.60  50    53    $87,376     3    $4,946
    b. Below Standards  0.25  $1,030.11  139    141    $145,246     2    $2,060
    iv. Heavy Graduation Challenge OTC  0.40  $1,648.60  2    5    $8,243     3    $4,946
III. English Language Learner (ELL)      60    66    $136,113     6    $12,374
    i. K-5  0.40  $1,648.60  0    0    $0     0    $0
    ii. 6-8  0.50  $2,062.32  15    24    $49,496     9    $18,561
    iii. 9-12  0.50  $2,062.32  45    42    $86,617     (3)    ($6,187)
IV. Special Education Services      82    92    $512,221     10    $31,252
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,308.88  8    13    $30,015     5    $11,544
    b. 21% to 59%  1.25  $5,155.58  21    22    $113,423     1    $5,156
    ii. Special Education >= 60% Contained                      
    a. K-8 Filled Seats  1.18  $4,867.98  3    5    $24,340     2    $9,736
    b. 9-12 Filled Seats  0.58  $2,407.91  4    6    $14,447     2    $4,816
    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  22    22    $157,824     0    $0
    d. 9-12 Filled Seats  1.74  $7,173.81  24    24    $172,172     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   912.20     923.44     $3,806,925     11.24     $46,349
Adjustment for System-wide Teacher Salary Growth [g] Weighted Register   Salary            
923.44 x $0.00 + $0        
Foundation       +   $225,000        
FY15 Fair Student Funding Formula at 100% [i]       =   $4,031,925        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY14 Revised Based Allocations (from Overview page) a       $3,918,341
Register Change          
  Fair Student Funding Register Formula s   $46,349    
  FY15 Fair Student Funding Percentage Capped at 100% t x 98.21%    
  Register Change Allocation Based on School's Percent of Formula f     + $45,521
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     = $3,963,862
FY15 Final Percent of Formula                   ($3,963,862 - $225,000) j     = 98.21%
                      ($4,031,925 - $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.