As DC public schools continue to experience shifts in enrollment, it is important that our budget model effectively supports schools of all sizes. The updated budget model was designed to provide schools with year-over-year stability funds, with safety net checks and stabilization dollars that will protect school budgets from the impact of fluctuating enrollment and ensure that schools can afford a baseline level of general education services with their student-based funds. To provide additional stability during the pandemic, some schools will also receive local, one-time funds called Hold Harmless Funds and Mayor’s Recovery funds ensuring that no school receives less than their initial allocation last year.
If a school receives any of the Stability Funding Allocations, they will be displayed individually on the Initial Allocation worksheet. Hold Harmless Funds and Mayor’s Recovery Funds allocations will also be displayed at the top of the budget worksheet.
The Four Types of Stability Funding in FY23
In FY23, stabilization is calculated using schools’ FY23 formulaic budget and comparing it to their FY22 submitted budget (March 2021) excluding security funding. Schools that receive year over year stabilization funding to maintain an initial allocation amount no less than 95% of their prior year submitted budget will see their stabilization amount loaded here. These funds are fully flexible and can be used at the principals’ discretion to budget for staff and programming at the school.
Safety Net Supplement
The safety net supplement is provided to schools when the student-based funds do not generate enough dollars to provide a baseline of services by school type. Safety net funds are included in the Student Based Funding allocation.
Hold Harmless Funds
Some schools received hold harmless funds to increase their Updated Budget Model initial allocation to be no less than their FY22 Principal submitted budget in March 2021. This is a one-time allocation in FY23 and a Level 3 flexible allocation budgeted at the principals’ discretion for staff and programming at the school.
Mayor’s Recovery Funds
Some schools received Mayor’s Recovery Funds to provide stability during the pandemic. These funds are designed to help schools maximize buying power by allowing them to afford similar levels of staff and programming from FY22 and are to be budgeted at the principals’ discretion. This is a one-time allocation in FY23.