1. FLORIDA EDUCATION FINANCE PROGRAM (FEFP) FUNDING Charter School Funding November 2011 1

2. FTE (Full Time Equivalent Student) 180 day term required by Section 1011.60(2), F.S. 720 Hours of Instructional Time for Prekindergarten through Grade 3 Students (180 days x 4 hours per day) 900 Hours of Instructional Time for Grades 4 through 12 Students (180 days x 5 hours per day) A student may not earn more than one FTE and only the class time in the regular 180 day session may be counted for FTE funding purposes. (Exception: DJJ and Florida Virtual School) 2

3. Four FTE Survey Periods per year: - Survey Period 1 (July) covers from the beginning of the fiscal year (July 1) to the beginning of the defined 180 day school year; - Survey Period 2 (October) covers the first 90 days of the 180 day school year; - Survey Period 3 (February) covers the second 90 days of the 180 day school year; - Survey Period 4 (June) covers the period from the end of the 180 day school program to the end of the fiscal year (June 30). In surveys 1 & 4, only DJJ Schools and Florida Virtual School are counted for FTE funding. FTE SURVEYS 3

4. Department of Education sets the survey week for each of the four surveys. Date Certain is always the Friday of survey week. FTE eligibility determined by: - Verifying membership during survey week. - Verifying one day of attendance during survey week or one day during previous six scheduled school days. FTE calculation based on student course schedule. 4

5. FEFP Calculations CalculationWhenData Source Conference Report Legislative Session Survey 1 – Projection Survey 4 – Projection Survey 2 – Projection Survey 5 – Prior Year Est. Survey 3 – Projection 2 nd Calculation July – Upon receipt of Tax Roll Survey 1 – Projection Survey 4 – Projection Survey 2 – Projection Survey 5 – Prior Year Est. Survey 3 – Projection 3 rd Calculation Upon receipt of Survey 2 Survey 1 – Actual Survey 4 – Estimate Survey 2 – Actual Survey 5 – Prior Year Act. Survey 3 – Estimate 4 th Calculation Upon receipt of Survey 3 Survey 1 – Actual Survey 4 – Estimate Survey 2 – Actual Survey 5 – Prior Year Act. Survey 3 – Actual Final Calculation After Final Update of Survey 4 Survey 1 – Actual Survey 4 – Actual Survey 2 – Actual Survey 5 – Prior Year Act. Survey 3 – Actual 5

6. FTE Students 2,654,453.94 0.748 Mill Compression $138,613,602 Safe Schools $64,456,019 × DJJ Supplemental Allocation $8,231,987 Merit Award Program $18,872,311 Supplemental Academic Instruction $615,924,773 Instructional Materials $209,240,737 Teacher’s Lead $31,895,373 Virtual Education Contribution $21,838,030 Reading Allocation $97,673,434 ESE Guaranteed Allocation $943,167,996 State Funded Discretionary Contribution $11,802,723 2011-12 FEFP Calculation Weighted FTE Students 2,863,874.61 Program Weights Base Student Allocation (BSA) $3,479.22 District Cost Differential (DCD) Calculation Base Funding $9,972,667,883 Declining Enrollment Allocation $6,036,068 Sparsity Supplement $35,754,378 =××= ++++ + +++ ++ + + + Gross State & Local FEFP $12,601,039,324 + Student Transportation $415,449,129 = 0.25 Mill Compression $9,414,881 6

7. Required Local Effort $ 6,937,607,602 2011-12 FEFP Calculation Required Local Effort $6,937,607,602 Proration to Appropriation ($1,640,932) Discretionary Lottery/School Recognition $119,596,643 Class Size Reduction $2,927,464,879 -+ = + =+ Discretionary Local Effort $976,325,463 Gross State & Local FEFP $ 12,601,039,324 Net State FEFP $5,661,790,790 Net State FEFP $5,661,790,790 += Total State Funding $8,708,852,312 Total Local Funding $7,913,933,065 Total State Funding $8,708,852,312 Total Local Funding $7,913,933,065 += Total Funding $16,622,785,377 7

8. FEFP Components Section 1011.62, F.S. Base Funding + Declining Enrollment + Sparsity Supplement + 0.748 Mill Compression + 0.25 Mill Compression + Safe Schools + ESE Guaranteed Allocation + State Funded Discretionary Contribution + Supplemental Academic Instruction + Reading Allocation and Merit Award Programs + Merit Award Program Allocation 8

9. FEFP Components Cont. + DJJ Supplemental Allocation + Instructional Materials + Student Transportation + Teachers Lead + Virtual Education Contribution 9

10. WFTE BSA D istrict C ost D ifferential DCD BASE FUNDING Weighted Full Time Equivalent Students B ase S tudent A llocation X X = F lorida E ducation F inance P rogram The purpose is to provide funding for the operational expenses of schools. 10

11. 11 Appropriations Act Program Weights 2011-12 Program Cost Factors Basic, Grades K-3 (101)1.102 Basic, Grades 4-8 (102)1.000 Basic, Grades 9-12 (103)1.019 ESE, Level IV (254)3.550 ESE, Level V (255)5.022 ESOL (130)1.161 Career, Grades 9-12 (300) 0.999 Students who receive ESE services but are not in ESE Level IV or V programs are reported as Basic Program Students in the appropriate grade level. Basic K-3 with ESE services (111) 1.102 Basic 4-8 with ESE services (112) 1.000 Basic 9-12 with ESE services (113) 1.019 Group 1 Group 2

12. ESE Guaranteed Allocation Exceptional Student Education (ESE) services for students whose level of service is less than Programs 254 and 255 (support Levels 4 and 5) are funded through the ESE Guaranteed Allocation. Exceptional Student Education (ESE) services for students whose level of service is less than Programs 254 and 255 (support Levels 4 and 5) are funded through the ESE Guaranteed Allocation. 12

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18. 2011-12 2011-12 Class Size Reduction $2,927,464,879 is allocated to implement Class Size Reduction provisions of Section1, Article IX of the State Constitution. CSR Factor per student Grades PK-3 $1,322.25 Grades 4-8$ 901.91 Grades 9-12$ 904.09 18

19. 2011-12 2011-12 Class Size Reduction Revisions Revised definition of “Core-curricula” courses Revised definition of “Core-curricula” courses Directs the Department to identify core-curricula courses Directs the Department to identify core-curricula courses Students in grades 4-8 taking a high school core- curricula course are subject to high school class size requirements. Students in grades 4-8 taking a high school core- curricula course are subject to high school class size requirements. Class Size Maximums may temporarily be exceeded for a student who enrolls after the October student membership survey, if it is impractical, educationally unsound, or disruptive to not assign student to the class. Class Size Maximums may temporarily be exceeded for a student who enrolls after the October student membership survey, if it is impractical, educationally unsound, or disruptive to not assign student to the class. PK - 3: 18 + 3 = 21 Students PK - 3: 18 + 3 = 21 Students 4 - 8: 22 + 5 = 27 Students 4 - 8: 22 + 5 = 27 Students 9 - 12: 25 + 5 = 30 Students 9 - 12: 25 + 5 = 30 Students 19

20. Funding Adjustments to Class Size Operating Categorical Calculate Initial Reduction. Calculate Initial Reduction. Student’s Class Size Reduction categorical funding amount Student’s Class Size Reduction categorical funding amount Base Student Allocation ($3,479.22) multiplied by the district cost differential Base Student Allocation ($3,479.22) multiplied by the district cost differential Commissioner may recommend by February 15, subject to approval by the Legislative Budget Commission, an alternate reduction amount. Commissioner may recommend by February 15, subject to approval by the Legislative Budget Commission, an alternate reduction amount. Extreme Emergency Extreme Emergency Unable to meet requirements despite appropriate efforts Unable to meet requirements despite appropriate efforts Reallocation to districts in compliance. Reallocation to districts in compliance. Up to 5% of the Base Student Allocation multiplied by the district’s total number of students Up to 5% of the Base Student Allocation multiplied by the district’s total number of students Not to exceed 25% of total funds reduced Not to exceed 25% of total funds reduced Restoration to districts not in compliance that submit a compliance plan by February 15. Restoration to districts not in compliance that submit a compliance plan by February 15. Balance of funds remaining Balance of funds remaining 20

21. Class Size Accountability Requirements The amount of the initial Class size reduction shall be the lesser of the previous slide’s calculated amount or the undistributed balance of the district's class size categorical allocation. The amount of the initial Class size reduction shall be the lesser of the previous slide’s calculated amount or the undistributed balance of the district's class size categorical allocation. The Commissioner is authorized to withhold the distribution of the class size categorical allocation to ensure the availability of sufficient undistributed funds to support the implementation of the calculated reduction. The Commissioner is authorized to withhold the distribution of the class size categorical allocation to ensure the availability of sufficient undistributed funds to support the implementation of the calculated reduction. 21

22. 2011-12 FLORIDA EDUCATION FINANCE PROGRAM SECOND CALCULATION Statewide Summary Comparison of Public School Funding to 2011-2012 Conference Report 2011-12 FEFP ConferenceSecondPercentage ReportCalculationDifference MAJOR FEFP FORMULA COMPONENTS Unweighted FTE2,654,453.94 0.000.00% Weighted FTE2,863,874.61 0.000.00% School Taxable Value1,407,824,467,0121,385,846,696,347(21,977,770,665)-1.56% Required Local Effort Millage5.3805.4460.0661.23% Discretionary Millage0.748 0.0000.00% Total Millage6.1286.1940.0661.08% Base Student Allocation3,479.22 0.000.00% 22

23. 2011-12 FLORIDA EDUCATION FINANCE PROGRAM SECOND CALCULATION Statewide Summary Comparison of Public School Funding to 2011-2012 Conference Report 2011-12 FEFP ConferenceSecondPercentage ReportCalculationDifference FEFP DETAIL WFTE x BSA x DCD (Base FEFP Funding)9,972,667,883 00.00% Declining Enrollment Supplement6,036,068 00.00% Sparsity Supplement35,754,378 00.00% State Funded Discretionary Contribution11,999,79111,802,723(197,068)-1.64% 0.748 Mills Discretionary Compression137,397,555138,613,6021,216,0470.89% 0.250 Mills Discretionary Compression8,238,4639,414,8811,176,41814.28% DJJ Supplemental Allocation8,231,987 00.00% Safe Schools64,456,019 00.00% ESE Guaranteed Allocation943,167,996 00.00% Supplemental Academic Instruction615,924,773 00.00% Instructional Materials209,240,737 00.00% Student Transportation415,449,129 00.00% Teachers Lead Program Appropriation31,895,373 00.00% Reading Allocation97,673,434 00.00% MAP Allocation18,872,311 00.00% Virtual Education Contribution21,643,04221,838,030194,9880.90% TOTAL FEFP12,598,648,93912,601,039,3242,390,3850.02% 23

24. 2011-12 FLORIDA EDUCATION FINANCE PROGRAM SECOND CALCULATION Statewide Summary Comparison of Public School Funding to 2011-2012 Conference Report 2011-12 FEFP Conference SecondPercentage ReportCalculationDifference TOTAL FEFP12,598,648,93912,601,039,3242,390,3850.02% Less: Required Local Effort6,936,892,7946,937,607,602714,8080.01% GROSS STATE FEFP5,661,756,1455,663,431,7221,675,5770.03% Proration to Appropriation 0(1,640,932) 0.00% NET STATE FEFP5,661,756,1455,661,790,79034,6450.00% STATE CATEGORICAL PROGRAMS Class Size Reduction Allocation 2,927,464,879 00.00% Discretionary Lottery/School Recognition 119,596,643 00.00% TOTAL STATE CATEGORICAL FUNDING3,047,061,522 00.00% TOTAL STATE FUND8,708,817,6678,708,852,31234,6450.00% LOCAL FUNDING Total Required Local Effort 6,936,892,7946,937,607,602714,8080.01% Total Discretionary Taxes from 0.748 Mills 992,332,415976,325,463(16,006,952)-1.61% TOTAL LOCAL FUNDING7,929,225,2097,913,933,065(15,292,144)-0.19% TOTAL FUNDING16,638,042,87616,622,785,377(15,257,499)-0.09% Total Funds per UFTE6,267.976,262.22(5.75)-0.09%

25. Contact Information Office of Funding and Financial Reporting (850) 245-0405  Mark Eggers, Bureau Chief mark.eggers@fldoe.org 25