More city schools lose than gain funding next year
Earlier this week, the school board voted to increase base funding to $5,000 per-pupil, however, schools will have less money to spend as they choose due to a rise in "locked funds," such as money designated for rising salary and benefit costs. Student weights for basic and advanced students decreased by $500 in order to raise the base funding. Special education and dropout prevention weights stayed the same.
You can see the latest Powerpoint presentation on the budget here. The actual budget will be released on May 20. The board is scheduled to vote on it May 24.
So, in an effort to see what the budget actually means for schools, and the potential impacts gains and losses may have, I asked school officials a week ago to provide me with some detailed information about the schools that stand to lose and gain the most money next year.
(Added Note on Sat., May 14: Under the district's Fair Student Funding model, school budgets are tied to enrollment. However, the school system did not indicate in its response whether these numbers solely reflect shifting enrollment numbers.) Thanks to @Simon for suggesting that context.
I received a response with a summary of the number of schools that noted budget increases and decreases and, on average, by how much. Very good information, and of course very skeletal when the average decrease reported by the school system is $231,302, but schools are reporting losses of $600,000 to $900,000.
So, while I wait for the more detailed information, I thought I'd share what I know. See below.
FY11 to FY12 School Funding
Locked & Unlocked, All Sources
Schools with Increase in Funding* 77
Total Increase in Funding $30,352,978
Average Increase in Funding $394,195
Schools with Decrease in Funding 103
Total Decrease in Funding -$23,824,118
Average Decrease in Funding -$231,302
Schools with Funding Increase 10% or Greater 32
Schools with Funding Increase from 5 to 10% 16
Schools with Funding Increase Less than 5% 29
Schools with Funding Decrease Less than 5% 64
Schools with Funding Decrease from 5 to 10% 27
Schools with Funding Decrease 10% or Greater 12