New Funding Formula Four-Part Webinar Series

7/15/2021


Join OASBO and Forecast5 Analytics for a series focused on the new per-pupil funding formula and building an understanding of how the variables of the Fair School Funding Plan (FSFP) will impact your district. This four-part series will also help you begin to message your expected results to stakeholders as you head into a new fiscal year.


Understanding Local Share
07/21/2021 at 2 p.m.

Under FSFP, the local share is now based on a weighted average of property and income. This session will help you understand the details of the components, what it means for state basic aid and categoricals, and how the capacity calculation works to insure open enrollment is properly accounted for.
Click here to register.
 

Understanding Base Cost Calculations
07/28/2021 at 2 p.m.

The FSFP formula is an inputs-based model that has tried to identify the cost of education for a student with no special needs, regardless of the district that student lives in. This second session will go through the details of each of the components of the base cost, the rationale for including them, and how the funding level for each was determined.
​Click here to register.
 

Understanding Categorical Funding
 08/05/2021 at 2 p.m. 

In addition to the base cost, there are a number of additional funding sources in the FSFP formula — Special Education, Ell, Gifted, Disadvantaged Pupil Impact Aid (DPIA, formerly economically disadvantaged), Transportation, and Targeted Assistance. This third session will review each of these topics, including a deeper dive into the calculations.
Click here to register.
 

Understanding the Expenditure Side of the Funding Formula
08/11/2021 at 2 p.m.

The Fair School Funding Plan is a “funded where educated” model. This means districts will no longer be funded nor have deductions taken away for resident students who are not attending the district’s schools. This will sharply impact the expenditure side of the budget. This final session will help Treasurer/CFOs account for the changes in a district’s Five-Year forecast.
​Click here to register.
 

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