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      789    753    $3,197,106     (36)    ($152,850)
    i. K-5  1.00  $4,122.55  0    0    $0     0    $0
    ii. 6-8  1.08  $4,452.68  0    0    $0     0    $0
    iii. 9-12  1.03  $4,245.83  789    753    $3,197,106     (36)    ($152,850)
Need Weight Total      963    830    $1,680,539     (133)    ($171,035)
II. Academic Intervention      739    631    $820,704     (108)    ($145,269)
    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  0    0    $0     0    $0
    iii. Achievement (9-12)        
    a. Well Below Standards  0.40  $1,648.60  302    246    $405,556     (56)    ($92,322)
    b. Below Standards  0.25  $1,030.11  408    355    $365,690     (53)    ($54,596)
    iv. Heavy Graduation Challenge OTC  0.40  $1,648.60  29    30    $49,458     1    $1,649
III. English Language Learner (ELL)      58    50    $103,116     (8)    ($16,499)
    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  58    50    $103,116     (8)    ($16,499)
IV. Special Education Services      166    149    $756,719     (17)    ($9,268)
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,308.88  52    34    $78,502     (18)    ($41,560)
    b. 21% to 59%  1.25  $5,155.58  71    68    $350,579     (3)    ($15,467)
    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  6    2    $4,816     (4)    ($9,632)
    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  0    0    $0     0    $0
    d. 9-12 Filled Seats  1.74  $7,173.81  37    45    $322,822     8    $57,391
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   1,261.73     1,183.16     $4,877,645     (78.56)     ($323,885)
Adjustment for System-wide Teacher Salary Growth [g] Weighted Register   Salary            
1,183.16 x $0.00 + $0        
Foundation       +   $225,000        
FY15 Fair Student Funding Formula at 100% [i]       =   $5,102,645        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY14 Revised Based Allocations (from Overview page) a       $4,438,239
Register Change          
  Fair Student Funding Register Formula s   ($323,885)    
  FY15 Fair Student Funding Percentage Capped at 100% t x 81.00%    
  Register Change Allocation Based on School's Percent of Formula f     + ($262,347)
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     = $4,175,892
FY15 Final Percent of Formula                   ($4,175,892 - $225,000) j     = 81.00%
                      ($5,102,645 - $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.