DB ED: 0145C             STATE OF NEW YORK                   03/31/21                     
RUN NO: SA212-2                                                                           
                    2021-22 STATE AID PROJECTIONS                                         
                           FOUNDATION AID                                                 
                                                                                          
                                   DISTRICT CODE:             010500                      
                                   DISTRICT NAME:             COHOES                      
                                                                                          
SEE NOTE BELOW                                                                            
2018 ACTUAL VALUATION                                    843,719,722                      
2018 & 2017 AVERAGE AV                                   845,651,155                      
SEL. AV: LESSER 18AV OR AVG AV                           843,719,722                      
2019-20 TWFPU                                                  1,972                      
SEL. ACTUAL VAL./2019-20 TWFPU                               427,849                      
2018 ADJ. GROSS INCOME                                   362,110,393                      
2018 ADJ. INCOME/2019-20 TWFPU                               183,625                      
INCOME WEALTH INDEX (IWI)                                    0.59900                      
                                                                                          
2018 & 2017 AVERAGE INCOME                               355,331,715                      
SEL INC: LESSER 18 OR AVG INC                            355,331,715                      
FND COMB WEALTH RATIO FOR SSR                                0.55000                      
                                                                                          
TAFPU BASED ON 19-20 SY DATA                                   2,396                      
TAFPU BASED ON 18-19 SY DATA                                   2,413                      
SELECTED TAFPU                                                 2,405                      
                                                                                          
REGIONAL COST INDEX (RCI)                                      1.124                      
PNI = 1 + EN%, MIN 1; MAX 2                                  1.55900                      
ADJUSTED FOUNDATION AMT/PUPIL                              12,120.75                      
  ADJUSTED TAX RATE                                          0.01040                      
EXP MIN LOCAL CONTRIB/PUPIL                                 4,449.62                      
FOUNDATION FORMULA AID/PUPIL                                7,671.13                      
  FND STATE SHARING RATIO                                    0.72800                      
ALT FOUNDATION AID/PUPIL                                    8,823.90                      
  SELECTD FOUNDATION AID/PUPIL                              8,823.90                      
  TOTAL FOUNDATION AID                                    21,221,480                      
  2020-21 FOUNDATION AID BASE                             16,669,596                      
2021-22 FOUNDATION AID PAYABLE                            17,898,604                      
                                                                                          
2020-21 PUBLIC ENROLLMENT EST.                                 1,899                      
  % K-6 ELIG APPLIC LUNCH                                     0.6184                      
    LUNCH COUNT  @ 0.65                                          763                      
  CENSUS POVERTY                                              0.2298                      
    CENSUS COUNT @ 0.65                                          284                      
  NUMBER OF SQUARE MILES                                       4.270                      
  SPARSITY FACTOR                                              0.000                      
    SPARSITY COUNT                                                 0                      
  ENGLISH LANGUAGE LEARNERS                                       30                      
    ELL COUNT    @ 0.50                                           15                      
EXTRAORDINARY NEEDS COUNT                                      1,063                      
EN % = EN COUNT/ENROLLMENT                                   0.55900                      
                                                                                          
OVERALL MINIMUM                                                    0                      
PHASE-IN PERCENT                                             0.27000                      
PHASE-IN INCREASE                                          1,229,008                      
MINIMUM INCREASE                                             333,391                      
3-YEAR DIRECT CERTIFICATION %                                0.62647                      
PER PUPIL INCREASE                                           754,544                      
FOUNDATION AID INCREASE                                    1,229,008                      
                                                                                          
NOTE: STATE AID ESTABLISHED BY STATE LEGISLATURE FOR 3 DISTRICTS                          
      WITH INCOMPLETE DATA.                                                               
                                                                                   
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