funding for public schools in colorado school finance partnership june 7, 2011
TRANSCRIPT
Funding for Public Schools in Colorado
School Finance PartnershipJune 7, 2011
Federal, State, and Local Funding for Public Schools
School Finance Act Formula; $5,212.7
Categorical Programs;
$406.1
Other Federal Funds; $434.5
Other State Funds; $84.1
Total for FY 11-12 = $6.1 Billion
I: School Finance Act Formula
Per Pupi
l Funding
Funded Pupi
l Count
Total Program Funding
Per Pupil Funding
The formula calculates a per pupil funding level for each school district, including the statewide base ($5,635 for FY 11-12) plus additional funding based on district characteristics:
+ the cost of living relative to other districts
+ size of district (enrollment)+ the presence of “at-risk” students
Unique Per Pupil Funding
The formula guarantees a minimum level of funding per pupil regardless of the impact of the factors (95% of the statewide average).
The formula provides a flat rate of funding for two types of students:– On-line students in multi-district programs– Students in their fifth year of high school
participating in a specific concurrent enrollment program (ASCENT)
Funded Pupil Count
The formula provides 100% of the per pupil funding (PPF) amount for each pupil enrolled as of October, except:– Preschool students (50% PPF)– Kindergarten students (58% PPF)– Part-time students (50% PPF)
Districts with declining enrollment may average counts for up to 5 years
Per Pupil Funding Calculation – Two Examples
$8,059
$6,354
District A District B$0
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
$7,000
$8,000
$9,000
SizeCost of LivingBase Funding
Total Program Funding Calculation – Two Examples
Component District A District B
Preliminary Per Pupil Funding X Enrollment $190,620,000 $3,626,550
At Risk Funding $8,950,000 $91,600
On-line/ ASCENT Funding $501,000 $133,400
Total Program Funding (prior to negative factor) $200,071,000 $3,851,550
Total Funding Per Pupil $6,669 $8,559
The Negative Factor
Beginning in FY 2010-11, the formula has also included a “negative factor” designed to reduce districts’ total program funding to a specified dollar amount.
The negative factor is applied after the formula described above:– FY 2010-11: -6.5% ($598M)– FY 2011-12 estim.: -12.9% ($774M)
School Finance:Total Program Funding by Component,
With and Without Negative Factor
Base Per Pupil
Funding
Cost of Living
SizeAt Risk
Base Per Pupil Fund-
ing
Cost of Living
Size
At Risk
Negative Factor
II. Categorical Programs
Children with Disabilities;
$288.6
English Language Learners; $24.4 Transportation;
$50.8
Career/ Technical Educ.; $23.6
Gifted & Talented Children; $9.2
Expelled/ At-risk Students; $7.5
Other; $2.0
Total for FY 11-12 = $406.1 million
III. Other Federal Funds
Nutrition Programs; $156.5
Title I (high poverty schools and districts);
$197.2
Title II (Educator Quality); $36.8
Other; $44.0
Total for FY 11-12 = $434.5 million
IV. Other State Funds
Capital Con-struction/ Facili-
ties; $35.0
Facility Schools; $14.5
School for the Deaf/ Blind; $11.0
Hold-harmless Full-day K; $6.9
Counselor Corps; $5.0
Read-to-Achieve; $4.4
Nutrition; $4.2 Other; $3.0
Total for FY 11-12 = $84.1 million
Other Funds Available to Districts
State law allows school districts to raise and spend additional property taxes for:– School operations (called “overrides”)– Capital construction projects (usually
through issuing bonds)– Transportation expenses (including capital)– Full-day kindergarten– Instructional technology
Districts may also charge fees (e.g., full-day kindergarten, transportation, athletics)
Federal, State, and Local Funding for Public Schools
School Finance Act Formula; $5,212.7
Categorical Programs;
$406.1
Other Federal Funds; $434.5
Other State Funds; $84.1
Total for FY 11-12 = $6.1 Billion