Download - model%20812%20summary
Model 812 - Model #3 Savings of $1.5B FY12 and $2.5B FY13 with FY14 FY15 Basic Allotment Enhancements
State Impact Summary FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017
Model #3 Savings of $1.5B FY12 and $2.5B FY13 with FY14 & FY15 Basic Allotment Enhancements
Annual Cost/(Savings) ($1,500,964,069) ($2,499,619,815) ($2,006,358,828) ($2,003,784,871) ($2,068,863,218) ($2,150,802,902)
Biennial Total ($4,000,583,884) ($4,010,143,699) ($4,219,666,120)
Model Descriptions FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017
Model #3 Savings of $1.5B FY12 and $2.5B FY13 with FY14 & FY15 Basic Allotment Increase
Gain Limit / Dragback §42.008 repealed repealed repealed repealed repealed repealed
Minimum Revenue HH % Retained 93.495% 0.00% 0.00% 0.00% 0.00% 0.00%
Basic Allotment $4,765 $4,765 $4,793 $4,802 $4,802 $4,802
Compressed Tier Equalized Wealth Level $476,500 $476,500 $479,300 $480,200 $480,200 $480,200
Copper Penny Yield $31.95 $31.95 $31.95 $31.95 $31.95 $31.95
Copper Penny Equalized Wealth Level $319,500 $319,500 $319,500 $319,500 $319,500 $319,500
Target Revenue Hold Harmless Comparison FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017
Current Law - Districts & Charter Schools $3,023,287,942 $2,499,619,815 $2,189,513,153 $2,249,793,582 $2,318,629,345 $2,415,733,383
Model #3 $1.5B/$2.5B + FY14-15 BA Increase $1,522,323,873 $0 $0 $0 $0 $0
Districts and Charters on Formula FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017
Current Law 127 192 309 313 316 316
Model #3 $1.5B/$2.5B + FY14-15 BA Increase 491 1,231 1,231 1,231 1,231 1,231
Categorical Analysis
# DIST CATEGORY FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017
Enrollment Seliger Model #3 Seliger Model #3 Seliger Model #3 Seliger Model #3 Seliger Model #3 Seliger Model #3
17 50,000 and over ($254) ($399) ($298) ($289) ($287) ($296)
29 25,000 to 49,999 ($199) ($299) ($232) ($231) ($242) ($251)
49 10,000 to 24,999 ($233) ($374) ($293) ($291) ($297) ($307)
71 5,000 to 9,999 ($262) ($409) ($325) ($314) ($313) ($313)
84 3,000 to 4,999 ($243) ($400) ($311) ($312) ($321) ($332)
117 1,600 to 2,999 ($247) ($448) ($372) ($375) ($388) ($405)
128 1,000 to 1,599 ($276) ($626) ($528) ($515) ($537) ($541)
197 500 to 999 ($252) ($516) ($433) ($426) ($429) ($425)
332 Under 500 ($279) ($694) ($596) ($588) ($595) ($587)
District Type Seliger Model #3 Seliger Model #3 Seliger Model #3 Seliger Model #3 Seliger Model #3 Seliger Model #3
10 Major Urban ($270) ($493) ($389) ($382) ($385) ($399)
78 Major Suburban ($223) ($314) ($233) ($225) ($226) ($228)
39 Other Central City ($226) ($295) ($213) ($205) ($209) ($211)
154 Other Central City Suburban ($248) ($495) ($428) ($437) ($456) ($481)
71 Independent Town ($205) ($263) ($176) ($168) ($169) ($171)
23 Non-metropolitan Fast Growing ($337) ($592) ($497) ($488) ($488) ($489)
224 Non-metropolitan Stable ($242) ($484) ($391) ($380) ($389) ($391)
425 Rural ($266) ($626) ($534) ($526) ($531) ($521)
Wealth - 2009-10 Seliger Model #3 Seliger Model #3 Seliger Model #3 Seliger Model #3 Seliger Model #3 Seliger Model #3
124 Under $100,000 per WADA ($63) ($69) ($31) ($21) ($21) ($21)
189 $100,000 - $149,999 per WADA ($149) ($132) ($79) ($70) ($66) ($71)
157 $150,000 - $199,999 per WADA ($147) ($135) ($77) ($69) ($71) ($72)
260 $200,000 - $319,499 per WADA ($222) ($181) ($100) ($92) ($93) ($94)
137 $319,500 - $476,500 per WADA ($368) ($800) ($673) ($675) ($690) ($710)
157 Districts Subject to Recapture ($404) ($1,214) ($1,085) ($1,075) ($1,080) ($1,088)
1,024 STATE TOTAL ($239) ($395) ($310) ($304) ($309) ($317)
Weighted Average Change in Total M&O Revenue per WADA