ENACTED BUDGET                                                             
DB ED: 0139C             STATE OF NEW YORK                   03/31/20                     
RUN NO: SA202-1                                                                           
                    2020-21 STATE AID PROJECTIONS                                         
                                                                                          
                           FOUNDATION AID                                                 
                                                                                          
                                                                                          
                                   DISTRICT CODE:             042400                      
                                   DISTRICT NAME:              OLEAN                      
                                                                                          
                                                                                          
 SEE NOTE BELOW                                                                           
2017 ACTUAL VALUATION                                    630,793,793                      
2017 & 2016 AVERAGE AV                                             0                      
SEL. AV: LESSER 17AV OR AVG AV                           622,349,248                      
2018-19 TWFPU                                                  1,875                      
SEL. ACTUAL VAL./2018-19 TWFPU                               331,919                      
                                                                                          
2017 ADJ. GROSS INCOME                                   291,235,240                      
2017 ADJ. INCOME/2018-19 TWFPU                               155,325                      
INCOME WEALTH INDEX (IWI)                                    0.51800                      
                                                                                          
2017 & 2016 AVERAGE INCOME                               289,985,754                      
SEL INC: LESSER 17 OR AVG INC                            289,985,754                      
FND COMB WEALTH RATIO FOR SSR                                0.49200                      
                                                                                          
TAFPU BASED ON 18-19 SY DATA                                   2,382                      
TAFPU BASED ON 17-18 SY DATA                                   2,398                      
SELECTED TAFPU                                                 2,390                      
                                                                                          
REGIONAL COST INDEX (RCI)                                      1.091                      
PNI = 1 + EN%, MIN 1; MAX 2                                  1.51900                      
ADJUSTED FOUNDATION AMT/PUPIL                              11,327.15                      
  ADJUSTED TAX RATE                                          0.01072                      
EXP MIN LOCAL CONTRIB/PUPIL                                 3,558.17                      
FOUNDATION FORMULA AID/PUPIL                                7,768.98                      
  FND STATE SHARING RATIO                                    0.80300                      
ALT FOUNDATION AID/PUPIL                                    9,095.70                      
  SELECTD FOUNDATION AID/PUPIL                              9,095.70                      
  TOTAL FOUNDATION AID                                    21,738,723                      
  2019-20 FOUNDATION AID BASE                             18,679,650                      
2020-21 FOUNDATION AID PAYABLE                            18,679,650                      
                                                                                          
2019-20 PUBLIC ENROLLMENT EST.                                 1,971                      
  % K-6 ELIG APPLIC LUNCH                                     0.6352                      
    LUNCH COUNT  @ 0.65                                          814                      
  CENSUS POVERTY                                              0.1611                      
    CENSUS COUNT @ 0.65                                          206                      
  NUMBER OF SQUARE MILES                                      18.924                      
  SPARSITY FACTOR                                              0.000                      
    SPARSITY COUNT                                                 0                      
  ENGLISH LANGUAGE LEARNERS                                        6                      
    ELL COUNT    @ 0.50                                            3                      
EXTRAORDINARY NEEDS COUNT                                      1,024                      
EN % = EN COUNT/ENROLLMENT                                   0.51900                      
                                                                                          
2018-19 ATTENDANCE RATIO                                      0.9366                      
                                                                                          
NOTE: STATE AID ESTABLISHED BY STATE LEGISLATURE FOR 1 DISTRICT                           
                                                                                          
      WITH INCOMPLETE DATA.                                                               
                                                                                   

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