School Budget Overview

Fair Student Funding Budget For 2014-15 School Year 



(*)To print in Internet Explorer, in Paper Options use "Enable Shrink-to-Fit" and in Page Setup and set the print margins to .25

Fair Student Funding Formula Detail l m n   o   p
o * m
  q
o - n
  r
q * m
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      929    962    $4,058,328     33    $138,025
    i. K-5  1.00  $4,122.55  655    682    $2,811,576     27    $111,309
    ii. 6-8  1.08  $4,452.68  274    280    $1,246,751     6    $26,716
    iii. 9-12  1.03  $4,245.83  0    0    $0     0    $0
Need Weight Total      1,188    1,216    $1,705,857     28    $97,598
II. Academic Intervention      744    765    $378,450     21    $10,389
    i. Poverty  0.12  $494.71  744    765    $378,450     21    $10,389
    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)      336    332    $569,676     (4)    ($7,422)
    i. K-5  0.40  $1,648.60  280    278    $458,311     (2)    ($3,297)
    ii. 6-8  0.50  $2,062.32  56    54    $111,365     (2)    ($4,125)
    iii. 9-12  0.50  $2,062.32  0    0    $0     0    $0
IV. Special Education Services      108    119    $757,731     11    $94,631
    i Special Education < 60%                      
    a. <= 20%  0.56  $2,308.88  23    19    $43,869     (4)    ($9,236)
    b. 21% to 59%  1.25  $5,155.58  7    7    $36,089     0    $0
    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  10    9    $77,479     (1)    ($8,609)
    b. 1-5 Filled Seats  1.74  $7,173.81  57    61    $437,603     4    $28,695
    c. 6-8 Filled Seats  1.74  $7,173.81  11    22    $157,824     11    $78,912
    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   1,341.06     1,398.21     $5,764,184     57.15     $235,623
Adjustment for System-wide Teacher Salary Growth [g] Weighted Register   Salary            
1,398.21 x $0.00 + $0        
Foundation       +   $225,000        
FY15 Fair Student Funding Formula at 100% [i]       =   $5,989,184        

 

WALK THROUGH FROM FAIR STUDENT FUNDING WEIGHTED REGISTER FORMULA TO PRELIMINARY ALLOCATION        
FY14 Revised Based Allocations (from Overview page) a       $4,757,394
Register Change          
  Fair Student Funding Register Formula s   $235,623    
  FY15 Fair Student Funding Percentage Capped at 100% t x 81.98%    
  Register Change Allocation Based on School's Percent of Formula f     + $193,167
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     = $4,950,561
FY15 Final Percent of Formula                   ($4,950,561 - $225,000) j     = 81.98%
                      ($5,989,184 - $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.