|
Fair Student Funding Overview
Budget Overview For 2012-13 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
|
I. FY12 Revised Base Allocations |
|
a=b+c+d+e+f
|
|
|
|
$2,665,839 |
|
FY12 TL Fair Student Funding and TL 09 C4E CTT net of one-shots*
|
|
b |
|
$2,750,565 |
|
|
|
(FY12 initial Fair Student Funding allocation adjusted for
register
changes and cuts) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other FY12 Allocations added to the base as per FY13 policy |
|
|
|
|
|
|
|
FY12 TL Funds Over Formula (final) |
|
c |
|
$0 |
|
|
|
FY12 TL Phase I SE Transitional Funding (21-59% support) portion |
|
d |
|
$0 |
|
|
|
Note: Remaining Phase I SE Transitional Funding (
$0
)
is not added
to the base. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to FY12 allocations to align with FY13 policy |
|
|
|
|
|
|
|
FY12 Final Special Education Empty Seats funding (removed from base) |
|
e
|
|
($84,726) |
|
|
|
Note: Refer to Section V. below for FY13 TL SE Transitional
funding
allocated for empty seats. |
|
|
|
|
|
|
|
FY12 High School Transfer Weight formula change (removed from base) |
|
f
|
|
$0 |
|
|
|
FY12 TL Revised Base Allocations
|
|
a
|
|
$2,665,839 |
|
|
|
Adjustment for Register Change |
|
h
|
|
($11,965) |
|
|
|
Adjustment for System-wide Teacher Salary Growth
|
|
i
|
|
$23,625 |
|
|
|
Foundation for New Schools
|
|
u
|
|
$0 |
|
|
|
III. FY13 Fair Student Funding Formula at 100% |
|
j
|
|
|
|
$3,021,642 |
|
FY13 Final Percent of Formula |
|
|
|
|
|
|
|
[g] FY13 Fair Student Funding Preliminary Allocation - Foundation ($225,000) |
k= |
($2,677,499
- $225,000) |
=
|
$2,452,499 |
=
|
87.69%
|
|
[j] FY13 Fair Student Funding Formula - Foundation ($225,000) |
($3,021,642
- $225,000)
|
$2,796,642 |
|
Note: Funds in excess of 100% are allocated in TL Funds Over Formula. |
|
|
|
|
|
|
|
IV. FY13 Initial Fair Student Funding Allocations |
|
g
|
|
|
|
$2,677,499
|
|
TL Fair Student Funding (HS) |
|
$2,605,804 |
|
TL 09 C4E (HS) |
|
$71,695 |
|
FY13 Funds Over Formula (HS) {amount exceeding the new formula} |
|
$0 |
| |