EDLD+5342+Part+4+week+3

The source of funds for a district with allocation of funds and expenditures is so complex that I am going to put up a chart and let you see part of the funding compared to the assignment schools. The source of funding for the maintenance and operations fund for our school district is just over 4million from the FSP and a little over 3 million from Tier I funds. The Relationship between source of funds and the allocation of funds is different for every single school district. There are so many variables to deal with. The best way I can describe educational funding is __“every school is like a human finger print, everyone is unique.”__Reflecting about how to do finance is overwhelming. Once you know where to get the tools and figure out the proper order to use the “numbers” in figuring out line items, I still find that there is no one way to find exact calculations. It is frustrating and yet exciting. **& counselors**   ||||   281.00    ||||   307.00    ||   || $ 633,369.00        || **& counselors**    ||||   61   ||||    ||||   ||
 * |||| ** District #1 **   ||||  ** District #2 **   ||   ||
 * ** % Economically Disadvantaged **   ||||   93.3%    ||||   20.7%    ||   ||
 * ** Total Refined ADA Adjusted for Decline **   ||||   $ 3,893.75    ||||   $ 4,032.94    ||   ||
 * ** Weighted ADA (WADA) **   ||||   $ 5,555.82    ||||   $ 4,794.08    ||   ||
 * ** Revenue per WADA @ Compressed Rate **   ||||   $ 5,044.00    ||||   $ 7,206.00    ||   ||
 * ** Total target revenue for the M&O **   ||||   $ 28,023,556.08    ||||   $ 34,546,140.48    ||   ||
 * ** Number of teachers, librarians, nurses,  **
 * ** 2010 Local District Property Value **   ||||   $ 145,968,635.00    ||||   $ 2,916,187,709.00    ||   ||
 * ** I&S Tax Collections **   ||||   $ 94,871.00    ||||   $ 8,836,256.00    ||   ||
 * ** Chapter 46 (EDA) totals **   ||||   $ 572,716.00    ||||   $ -    ||   ||
 * ** Compensatory Education Allotment **   ||||   $ 3,835,006.00    ||||||
 * |||| ** Group 4 District **   |||| ||||   ||
 * ** % Economically Disadvantaged **   ||||   64.2%    ||||    ||||   ||
 * ** Total Refined ADA Adjusted for Decline **   ||||   $ 738.626    ||||    ||||   ||
 * ** Weighted ADA (WADA) **   ||||   $ 1,760.163    ||||    ||||   ||
 * ** Revenue per WADA @ Compressed Rate **   ||||   $ 4,846.00    ||||    ||||   ||
 * ** Total target revenue for the M&O **   ||||   $ 8,532,657.50    ||||    ||||   ||
 * ** Number of teachers, librarians, nurses,  **
 * ** 2010 Local District Property Value **   ||||   $ 72,292,156.00    ||||    ||||   ||
 * ** I&S Tax Collections **   ||||   $ 283,897.00   ||||    ||||   ||
 * ** Chapter 46 (EDA) totals **   ||||   $ 178,252.00    |||| ||||   ||
 * ** Compensatory Education Allotment **   ||||   $ 394,990.00    ||||    ||||   ||

I multiplied WADA * Revenue per WADA @ Compressed Rate to get the Total Target Revenue.