Overview The tables in the FY2015 school overview explain the changes from the school's FY2014 base allocations to the preliminary FY2015 Fair Student Funding allocation.

Ensuring Stability The transition from the prior year to the current year's allocation ensures that schools are allocated the same baselined funds they received in the prior year with adjustments only for changes in the number and needs of students from the prior year. During FY2014 teacher salaries were unchanged on average from the prior year, therefore the formula for FY2015 will be based on the same teacher salary and use the same per capitas as the formula for FY2014.

Funding for new schools is based purely on the FY2015 Fair Student Formula. For continuing schools, the FY2015 FSF Initial Allocation consists of the FY2014 Base FSF Allocations with adjustments for register change, based on the school's percent of formula at the end of FY2014 (i.e., a school at 90% of formula with a register decrease will not lose the value of one full per capita, but rather, only 90% of a per capita value).

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I. FY14 Revised Base Allocations

a=b+c

$2,565,500

FY14 TL Fair Student Funding and TL 09 C4E CTT net of one-shots*

b

$2,565,500

(FY14 initial Fair Student Funding allocation adjusted for register changes)

Footnotes