DB ED: 0145C             STATE OF NEW YORK                   03/31/21                     
RUN NO: SA212-2                                                                           
                    2021-22 STATE AID PROJECTIONS                                         
                           FOUNDATION AID                                                 
                                                                                          
                                   DISTRICT CODE:             042400                      
                                   DISTRICT NAME:              OLEAN                      
                                                                                          
SEE NOTE BELOW                                                                            
2018 ACTUAL VALUATION                                    590,203,168                      
2018 & 2017 AVERAGE AV                                   610,498,480                      
SEL. AV: LESSER 18AV OR AVG AV                           590,203,168                      
2019-20 TWFPU                                                  1,809                      
SEL. ACTUAL VAL./2019-20 TWFPU                               326,259                      
2018 ADJ. GROSS INCOME                                   306,129,583                      
2018 ADJ. INCOME/2019-20 TWFPU                               169,225                      
INCOME WEALTH INDEX (IWI)                                    0.55200                      
                                                                                          
2018 & 2017 AVERAGE INCOME                               298,682,411                      
SEL INC: LESSER 18 OR AVG INC                            298,682,411                      
FND COMB WEALTH RATIO FOR SSR                                0.47700                      
                                                                                          
TAFPU BASED ON 19-20 SY DATA                                   2,263                      
TAFPU BASED ON 18-19 SY DATA                                   2,253                      
SELECTED TAFPU                                                 2,263                      
                                                                                          
REGIONAL COST INDEX (RCI)                                      1.091                      
PNI = 1 + EN%, MIN 1; MAX 2                                  1.50800                      
ADJUSTED FOUNDATION AMT/PUPIL                              11,380.03                      
  ADJUSTED TAX RATE                                          0.01040                      
EXP MIN LOCAL CONTRIB/PUPIL                                 3,393.09                      
FOUNDATION FORMULA AID/PUPIL                                7,986.94                      
  FND STATE SHARING RATIO                                    0.82300                      
ALT FOUNDATION AID/PUPIL                                    9,365.76                      
  SELECTD FOUNDATION AID/PUPIL                              9,365.76                      
  TOTAL FOUNDATION AID                                    21,194,715                      
  2020-21 FOUNDATION AID BASE                             18,679,650                      
2021-22 FOUNDATION AID PAYABLE                            19,384,333                      
                                                                                          
2020-21 PUBLIC ENROLLMENT EST.                                 1,931                      
  % K-6 ELIG APPLIC LUNCH                                     0.6155                      
    LUNCH COUNT  @ 0.65                                          773                      
  CENSUS POVERTY                                              0.1611                      
    CENSUS COUNT @ 0.65                                          202                      
  NUMBER OF SQUARE MILES                                      18.924                      
  SPARSITY FACTOR                                              0.000                      
    SPARSITY COUNT                                                 0                      
  ENGLISH LANGUAGE LEARNERS                                        9                      
    ELL COUNT    @ 0.50                                            5                      
EXTRAORDINARY NEEDS COUNT                                        981                      
EN % = EN COUNT/ENROLLMENT                                   0.50800                      
                                                                                          
OVERALL MINIMUM                                                    0                      
PHASE-IN PERCENT                                             0.27000                      
PHASE-IN INCREASE                                            679,067                      
MINIMUM INCREASE                                             373,593                      
3-YEAR DIRECT CERTIFICATION %                                0.57538                      
PER PUPIL INCREASE                                           704,683                      
FOUNDATION AID INCREASE                                      704,683                      
                                                                                          
NOTE: STATE AID ESTABLISHED BY STATE LEGISLATURE FOR 3 DISTRICTS                          
      WITH INCOMPLETE DATA.                                                               
                                                                                   
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