
School Budget Overview
Budget Overview For 201314 School Year
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I. FY13 Revised Base Allocations 

a=b+c+d+e+f




$5,174,272 

FY13 TL Fair Student Funding and TL 09 C4E CTT net of oneshots*


b 

$5,203,999 



(FY13 initial Fair Student Funding allocation adjusted for
register
changes) 















Other FY13 Allocations added to the base as per FY14 policy 







FY13 TL Funds Over Formula


c 

$0 



TL FY13 Sped 4/7 ICT Credit


d 

$2,017 











Adjustments to FY13 allocations to align with FY14 policy 







FY13 Academic Intervention Heavy Graduation Challenge OTC


e


($31,744) 



FY13 High School Transfer Weight Reduction to Complete Phasein
of FY13 Formula Change 

f


$0 



FY13 TL Revised Base Allocations


a


$5,174,272 



Adjustment for Register Change 

h


$127,023 



Adjustment for Systemwide Teacher Salary Growth


i


$3,667 



Foundation for New Schools


u


$0 



III. FY14 Fair Student Funding Formula at 100% 

j




$6,416,253 

FY14 Base Percent of Formula 







[g] FY14 Fair Student Funding Preliminary Allocation  Foundation ($225,000) 
k= 
($5,304,961

$225,000) 
=

$5,079,961 
=

82.05%


[j] FY14 Fair Student Funding Formula  Foundation ($225,000) 
($6,416,253

$225,000)

$6,191,253 

Note: Funds in excess of 100% are allocated in TL Funds Over Formula. 















Adjustment to Raise School's FSF Funding Percent If Less Than 81% 

v




$0 

FY14 Final Percent of Formula 







[g] FY14 FSF Preliminary Allocation  Foundation + [v] Amount to Raise the Floor

w= 
($5,079,961
+
$0) 


=

82.05%


[j] FY14 Fair Student Funding Formula  Foundation ($225,000) 
$6,191,253



IV. FY14 Initial Fair Student Funding Allocations 

x = g + v




$5,304,961


TL Fair Student Funding (HS) 

$5,304,962 

TL 09 C4E (HS) 

$0 

TL Funds Over Formula (HS) {amount exceeding the formula} 

$0 
 