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More information coming in regarding the meetings that Claypool and his staff have held with various principal groups over the last few weeks.

But first, let’s get on the same page about these potential cuts and what SBB means:

  • It is being reported that there is a potential cut of 39% of a school’s Student Based Budget (SBB) amounts. That translates to approximately 20-30% of a school’s entire budget depending upon the school.
  • The Student Based Budget amounts equal the amount of money that Central Office gives to a school for each student in a specific grade. The current amounts per student in a non-charter, non-contract, non-alternative school are as follows:
    • Students in grades K-3: $4,697 per student
    • Students in grades 4-8: $4,390 per student
    • Students in grades 9-12: $5,444 per student
  • Cutting these amounts by 39% means the new numbers per student are:
    • Students in grades K-3: $2,865 per student
    • Students in grades 4-8: $2,678 per student
    • Students in grades 9-12: $3,321 per student

 

SBBDIfferencesGraphed

The District receives other revenue monies that make up other portions of the budget, like Federal Title I funds and Federal Title II funds, as well as SGSA (Supplemental General State Aid). Schools with special education students receive additional funds based upon the number of students and their level of disability. But the SBB funds is the biggest amount of money that schools generally receive for their budgets. Other funds will in no way make up for the loss of SBB funds.

For a list of how the 39% cut to SBB compares to each traditional school’s budget last year, click here. [COMING SHORTLY]

Part II here: What did Claypool recommend to principals facing smaller budgets?

 

One thought on “What is Student Based Budgeting (SBB)?

  1. Pingback: What is Student Based Budgeting (SBB)? | Apples 2 Apples in Chicago Public Schools – bibliobiography

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