Transitioning to FSF

Schools Not Yet Receiving Their Formula Level

This year, we had hoped to bring all schools up to their FSF formula funding level. Unfortunately, due to a challenging fiscal environment this year, new funds are not available to close the funding gap. Schools will keep the new money they received last year in total and will be slated to receive new funds to bring them to a full funding level as soon as resources are available.

Since these schools remain under-formula, we had to determine a transitional funding methodology. In building this methodology, we were able to help schools make small equity gains and to mitigate more significant funding loss from taking place.

Schools under the formula will start with their 2007–08 funding level, including the new money received last year (Galaxy allocations TL FSF and TL FSF Incremental).
The allocation will be adjusted for the change in register from 2007-08:

If a school’s register declines, the school’s budget will not be reduced by 100 percent of that decline. Instead, it will be reduced by the same factor by which a school is under the formula. For example, if a school is funded at 90 percent of its formula, and its budget is facing a net loss of 10 students from the previous year, only 90 percent of the funding for those 10 students will be removed.
If a school’s register increases, the school’s budget will be funded for the increase at 100%. For example, if the same school that is funded at 90 percent of the formula gains a net of 10 students from the previous year, it will receive 100 percent of the funding for those 10 students.

Under-formula schools will be fully funded for the increase in the per-capita amounts each weight carries. For example, if the per capita for the grade weight increased by $50 and an under-formula school had 1000 students, it would see the $50 increase in funding for every one of its students, totaling $50,000. The per capita increase for a weight of 1.00 is $158 in 2008-09. To calculate a school’s increase due to collective bargaining, a total weighted register will be multiplied by $158 (with some rounding errors in the actual allocation).
Finally, the foundation increase of $25,000 that all schools receive this year will also be added to the allocation.

About Us Children First History Children First Today Budgets and Fair Student Funding See Your School's Budget Fair Student Funding Transitioning to FSF Formula(Weights) School Staffing Overview of School Funding (including SAMs) Citywide Budget Data Principal Supports Contracts for Excellence Materials DOE Organization Children First FAQs DOE Data Academics Choices & Enrollment Facilities Offices & Programs Rules & Policies Student Support, Safety, and Activities Student Performance & Accountability	Transitioning to FSF E-mail to a friend Schools Not Yet Receiving Their Formula Level This year, we had hoped to bring all schools up to their FSF formula funding level. Unfortunately, due to a challenging fiscal environment this year, new funds are not available to close the funding gap. Schools will keep the new money they received last year in total and will be slated to receive new funds to bring them to a full funding level as soon as resources are available. Since these schools remain under-formula, we had to determine a transitional funding methodology. In building this methodology, we were able to help schools make small equity gains and to mitigate more significant funding loss from taking place. Schools under the formula will start with their 2007–08 funding level, including the new money received last year (Galaxy allocations TL FSF and TL FSF Incremental). The allocation will be adjusted for the change in register from 2007-08: If a school’s register declines, the school’s budget will not be reduced by 100 percent of that decline. Instead, it will be reduced by the same factor by which a school is under the formula. For example, if a school is funded at 90 percent of its formula, and its budget is facing a net loss of 10 students from the previous year, only 90 percent of the funding for those 10 students will be removed. If a school’s register increases, the school’s budget will be funded for the increase at 100%. For example, if the same school that is funded at 90 percent of the formula gains a net of 10 students from the previous year, it will receive 100 percent of the funding for those 10 students. Under-formula schools will be fully funded for the increase in the per-capita amounts each weight carries. For example, if the per capita for the grade weight increased by $50 and an under-formula school had 1000 students, it would see the $50 increase in funding for every one of its students, totaling $50,000. The per capita increase for a weight of 1.00 is $158 in 2008-09. To calculate a school’s increase due to collective bargaining, a total weighted register will be multiplied by $158 (with some rounding errors in the actual allocation). Finally, the foundation increase of $25,000 that all schools receive this year will also be added to the allocation.