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Fair Student Funding Overview
Budget Overview For 2013-14 School Year
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I. FY13 Revised Base Allocations |
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a=b+c+d+e+f
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$2,143,178 |
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FY13 TL Fair Student Funding and TL 09 C4E CTT net of one-shots*
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b |
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$2,116,957 |
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(FY13 initial Fair Student Funding allocation adjusted for
register
changes) |
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Other FY13 Allocations added to the base as per FY14 policy |
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FY13 TL Funds Over Formula
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c |
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$0 |
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TL FY13 Sped 4/7 ICT Credit
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d |
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$26,221 |
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Adjustments to FY13 allocations to align with FY14 policy |
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FY13 Academic Intervention Heavy Graduation Challenge OTC
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e
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$0 |
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FY13 High School Transfer Weight Reduction to Complete Phase-in
of FY13
Formula Change |
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f
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$0 |
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FY13 TL Revised Base Allocations
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a
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$2,143,178 |
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Adjustment for Register Change |
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h
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$66,154 |
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Adjustment for System-wide Teacher Salary Growth
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i
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$1,266 |
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Foundation for New Schools
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u
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$0 |
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III. FY14 Fair Student Funding Formula at 100% |
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j
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$2,363,268 |
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FY14 Base Percent of Formula |
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[g] FY14 Fair Student Funding Preliminary Allocation - Foundation ($225,000) |
k= |
($2,210,599
-
$225,000) |
=
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$1,985,599 |
=
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92.86%
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[j] FY14 Fair Student Funding Formula - Foundation ($225,000) |
($2,363,268
-
$225,000)
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$2,138,268 |
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Note: Funds in excess of 100% are allocated in TL Funds Over Formula. |
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Adjustment to Raise School's FSF Funding Percent If Less Than 81% |
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v
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$0 |
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FY14 Final Percent of Formula |
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[g] FY14 FSF Preliminary Allocation - Foundation + [v] Amount to Raise the Floor
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w= |
($1,985,599
+
$0) |
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=
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92.86%
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[j] FY14 Fair Student Funding Formula - Foundation ($225,000) |
$2,138,268
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IV. FY14 Initial Fair Student Funding Allocations |
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x = g + v
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$2,210,599
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TL Fair Student Funding (HS) |
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$2,210,599 |
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TL 09 C4E (HS) |
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$0 |
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TL Funds Over Formula (HS) {amount exceeding the formula} |
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$0 |
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