The Fair Student Funding formula allocates dollars to schools through four basic categories:
K–5
6–8
9–12
Grade Weights
1.00 / $3,946
1.08 / $4,262
1.03 / $4,064
Need Weights
Academic Intervention
Poverty
0.24 / $947
—
Achievement—well below standards
Achievement—below standards
0.50 / $1,9740.35 / $1,381
0.40 / $1,5780.25 / $986
ELL
0.40 / $1,578
0.50 / $1,974
Special Education
Less than 20%
0.56 / $2,210
20–60%
0.68 / $2,684
0.68 / $ 2,684
Greater than 60% (self-contained)
1.23 / $4,853
1.23 / $ 4,853
0.73 / $2,881
Greater than 60% (integrated)
2.28 / $8,997
2.52 / $9,944
Portfolio Weights
Specialized Audition schools
0.35 / $1,381
Specialized Selective schools
0.25 / $986
CTE schools
0.05–0.25/ $197–$1,026
Transfer schools
Fair Student Funding weights are always adequate for schools to meet legal and policy requirements. Beyond that, these weights reflect evidence-based judgments about the fairest levels of funding for students across New York City. In particular, the weights are designed to do two things:
The Fair Student Funding Formula is based on extensive public outreach in New York City, conversations with school leaders in other cities, and research on education funding and results.
We held extensive feedback sessions with principals and other key stakeholders in the winter to learn more about what has been working and has not been working about the Fair Student Funding formula in its first year. This feedback informed the few changes we will make this year, such as finding a way to give the academic weight to students with missing scores in a fair way. The feedback also informed an agenda for future changes to the formula that require more time for either preparation to implement the changes effectively or study to determine if they are the right changes.
For this coming year, there will be no significant changes to the formula. We concluded that because budgets for the 2008–09 school year are released before the first year of using the FSF formula was complete, it would be most prudent to wait until more meaningful study could be done on the formula before changing it significantly. Specifically, principals have not yet been through a full budget cycle with the FSF formula. Spending and achievement patterns are not available to be analyzed.
The small formula changes that will be made will improve its fairness and reflect increasing costs.