1. Aspiring Principals
May 7,2013

2. Agenda Budget Cycle Weighted Student Funding
Resources – Broadly Defined
Key Questions 2

3. This budget is a financial plan focused on achieving our academic goals
Strengthen teaching and school leadership
♦ Reach Proficiency for All
♦ Close Access and Achievement Gaps
♦ Graduate Students College-Ready and Success-Bound
Replicate success and turn around low performing schools
Deepen partnerships with parents, students, and the community
Redesign district services for effectiveness, efficiency, and equity 3

4. figures reviewed and adjusted by Schools & Site Councils
BPS Budget Development Process
Fixed
costs
and prior
commitments
calculated by
Budget Office
Budget
figures
reviewed by
BPS Offices &
Superintendent’s
Leadership Team
Research by
Dept. of
Implementation
Public
Hearings on
Budget
Proposal
City Council
Hearings on
BPS Budget I M P L E N T A O N*
Superintendent’s
Budget Proposal
to School
Committee
by 1st Wed. in February.
Mayor submits
Budget to
City Council for
appropriation by
2nd Wed.
in May.
Policy Priorities
developed by
School
Committee and
Superintendent.
School
Committee vote
on Budget by
4th Wed. in
March.
Preliminary
Budget Figures
Developed
Budget to
Mayor for
adjustments,
approval.
Enrollment
Projections
Development of
Superintendent’s
Budget Proposal
Anticipated
programmatic
changes from
schools.
Budget
figures reviewed and adjusted by Schools & Site Councils
Enrollment
figures reviewed
by Schools
SEPT / OCT
NOVEMBER
DECEMBER
JAN / FEB
MARCH
APRIL
MAY
District Process
Schools
Public
BPS Central Offices
* Note: Implementation includes an October reconcilement of projected to actual enrollment and related adjustments.
Chief Financial Office, Boston Public Schools

5. Major systems processes
Programmatic Changes
Enrollment Projections
Budget
Allocation
Development / Sharing/ Submission
Budget Checkout
Probable Organization 5

6. For the third year, we funded schools using Weighted Student Funding
Principle
Description
Student focused
Provides resources based on students, not on buildings, adults, or programs
Equity
Allocate similar funding levels to students with similar characteristics, regardless of which school they attend
Transparency
Easily understood by all stakeholders
Differentiation based on need
Allocate resources through a comprehensive framework that is based on student needs
Predictability
School allocation process is predictable and is structured to minimize school-level disruption
School empowerment
Empowers school-based decision-making to effectively use resources
Alignment with district strategy
Supports the Acceleration Agenda, our five-year strategic plan
Weighted Student Funding is a more equitable, transparent and empowering budget approach

7. Resources
People:
How do I build the best team with the resources that I have to meet the needs of students that will be served in my school?
Time:
What opportunities do I have to build a schedule that allows for instructional focus, common planning, and appropriate professional development
Money
General Fund
Federal and State Grants
Private Funds, partnerships, district supports

8. Key Questions
How does the weighted student funding template inform decisions in develop budget proposal and sharing with school community?
What data is available in the case studies that guides decisions on budget?
What role does timing have in developing future year plans?
What significant challenges do you anticipate in developing your first school budget?