School finance
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A Framework. School Finance:. Funding . Where does most of a school’s funding come from? Bonds Grants State aid fundraising. C. state aid formula. Schools Funding . So what drives state aid funding? Property taxes Attendance Tax rates Test scores. A. Attendance. OR….

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School finance

A Framework

School Finance:

School Finance: A Framework, Attachment 1


School finance

Funding

  • Where does most of a school’s funding come from?

  • Bonds

  • Grants

  • State aid

  • fundraising

School Finance: A Framework, Attachment 1


School finance

C. state aid formula

School Finance: A Framework, Attachment 1


School finance

Schools Funding

  • So what drives state aid funding?

  • Property taxes

  • Attendance

  • Tax rates

  • Test scores

School Finance: A Framework, Attachment 1


School finance

A. Attendance

OR…..

School Finance: A Framework, Attachment 1


School finance

Butts in the seat!

School Finance: A Framework, Attachment 1


Can you name any other major funding sources for schools

Can you name any other major funding sources for schools?

School Finance: A Framework, Attachment 1


School finance

  • Classroom Site Fund

  • Instructional Improvement Fund

  • Vocational Educational State Fund

  • Federal programs

  • Bonds/Overrides

  • Grants

Did you guess any? 

School Finance: A Framework, Attachment 1


Classroom site fund and instructional improvement fund

Classroom Site Fund and Instructional Improvement Fund

CSF

IIF

•Prop 202 -FY2002

•Contributions by the gaming tribes to the Instructional Improvement Funds

•50% to be used for classroom size reduction and teacher compensation

•50% to be used for Dropout Prevention and development minimum reading skills for students by the end of third grade level

  • •Prop 301 -FY2002

  • •From state sales taxes

  • •Additional funds to formula funds

  • •20% to be used for base salary

  • •40% to be used for performance pay

  • •40% to be used for others related to classroom expenditures such as classroom size reductions and teacher development.

School Finance: A Framework, Attachment 1


School finance

  • Where does Arizona rank in the nation in per pupil funding?

  • 10th

  • 26th

  • 49th

  • 51st

School Finance: A Framework, Attachment 1


School finance

C. 49th

School Finance: A Framework, Attachment 1


The sources of the formula funding

The sources of the formula funding

State aid from the general funds

Local tax levies (Districts only)

School Finance: A Framework, Attachment 1


School finance

What is the process for a district’s budget?

School Finance: A Framework, Attachment 1


School finance

Timeline for a district’s budget process

1. Districts establish a budget for the following fiscal year. (typically have a budget committee)

2. Districts hold a public meeting to discuss the budget.

3. By July 15 of the fiscal year the district propose a budget to their governing board.

4. The governing board of a district approves the budget; this budget becomes an adopted budget.

5. The district submits the adopted budget to the Department of Education.

6. The adopted budget determines districts’ and charters’ expenditure authority for the fiscal year that starts July 1st and ends June 30th.

School Finance: A Framework, Attachment 1


The equalization concept

The Equalization Concept

School Finance: A Framework, Attachment 1


Components of the equalization formula

Components of the Equalization Formula

Districts

Charters

Base support level

Additional assistance

  • Base support level

  • Transportation support level

  • Soft capital

  • Unrestricted capital outlay

School Finance: A Framework, Attachment 1


Components of the equalization formula1

Components of the Equalization Formula

Districts

Charters

Base support level

Additional assistance

  • Base support level

  • Transportation support level

  • Soft capital

  • Unrestricted capital outlay

School Finance: A Framework, Attachment 1


School finance

Base Level Support = per pupil spending

Maintenance & Operations (M&O)

School Finance: A Framework, Attachment 1


Base support level

Base Support Level

Student ADM weights

+ Add on weight for SPED/ELL students

Base Level support

School Finance: A Framework, Attachment 1


School finance

What was the Base Level Support amount for FY2011?

A. $1,927.44

B. $3,267.72

C. $9,221.68

D. $15,785.12

School Finance: A Framework, Attachment 1


School finance

B. $3,267.72

School Finance: A Framework, Attachment 1


Components of the equalization formula2

Components of the Equalization Formula

Districts

Charters

Base support level

Additional assistance

  • Base support level

  • Transportation support level

  • Soft capital

  • Unrestricted capital outlay

School Finance: A Framework, Attachment 1


Transportation support level components

Transportation Support Level Components

School Finance: A Framework, Attachment 1


Components of the equalization formula3

Components of the Equalization Formula

Districts

Charters

Base support level

Additional assistance

  • Base support level

  • Transportation support level

  • Soft capital

  • Unrestricted capital outlay

School Finance: A Framework, Attachment 1


Soft capital components

Soft Capital Components

School Finance: A Framework, Attachment 1


Components of the equalization formula4

Components of the Equalization Formula

Districts

Charters

Base support level

Additional assistance

  • Base support level

  • Transportation support level

  • Soft capital

  • Unrestricted capital outlay

School Finance: A Framework, Attachment 1


Unrestricted capital

Unrestricted Capital

School Finance: A Framework, Attachment 1


Basic state aid

Basic State Aid

  • Base level support

  • + transportation support

  • + soft capital

  • + unrestricted capital

  • Local property taxes

  • Equalization Formula

School Finance: A Framework, Attachment 1


Charter schools formula

Charter Schools Formula

True or False:

Charter schools can levy taxes.

School Finance: A Framework, Attachment 1


Charter schools formula1

Charter Schools Formula

FALSE! Charter schools can’t levy taxes

Base Support Level + Additional Assistance

School Finance: A Framework, Attachment 1


Can you name any other funds available to districts but not to charters

Can you name any other funds available to Districts but not to Charters?

School Finance: A Framework, Attachment 1


School finance

Overrides

Monies to construct schools

Career Ladder program

Teacher Compensation

School Finance: A Framework, Attachment 1


Fy2009 per adm average funding

FY2009 Per ADM Average Funding

School Finance: A Framework, Attachment 1


Charters vs districts

Charters Vs. Districts

Districts have what percentage of the students

enrolled statewide?

School Finance: A Framework, Attachment 1


School finance

91%

School Finance: A Framework, Attachment 1


Charters vs districts1

Charters Vs. Districts

What percentage of special education students are enrolled in school districts?

School Finance: A Framework, Attachment 1


School finance

90%

School Finance: A Framework, Attachment 1


Fy 2011 k 12 funding

FY 2011 K-12 Funding

What percentage of the state general funds is spent on

K-12 education?

School Finance: A Framework, Attachment 1


School finance

41%

State general funds expended on K-12 Education (about $3.5 billion)

School Finance: A Framework, Attachment 1


Fy2011 k 12 appropriations

FY2011 K-12 Appropriations

School Finance: A Framework, Attachment 1


School finance

Additionally:

•About $3 billion in local funds (includes Local taxes, donations and bonds).

•About $1.1 billion in federal funds.

•About $210 million in Federal Edu. Job Fund.

•About $ 240 million in Classroom Site Fund.

•About $38 million in Instructional Improvement Fund.

•About 11 million in state block grant for Vocational Education.

School Finance: A Framework, Attachment 1


Can you think of any education issues that also affect funding

Can you think of any education issues that also affect funding?

School Finance: A Framework, Attachment 1


School finance

  • State Budget Deficits

  • Move-On When Ready Concept

  • Changes in ADM calculations as base for Funding

  • Arizona Online Instruction

School Finance: A Framework, Attachment 1


Assessment activity

Assessment Activity

  • State aid

  • ADM

  • 49th

  • Budget process

  • Equalization formula

    • Base level support

    • Transportation

    • Soft and unrestricted capital

  • Weighting

  • Charter schools

  • 41%

School Finance: A Framework, Attachment 1


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