DB ED: 0140A             STATE OF NEW YORK                   04/07/22                     
RUN NO: SA222-3                                                                           
                    2022-23 STATE AID PROJECTIONS                                         
                                                                                          
                           FOUNDATION AID                                                 
                                                                                          
                                                                                          
                                   DISTRICT CODE:             042400                      
                                   DISTRICT NAME:              OLEAN                      
                                                                                          
2019 ACTUAL VALUATION                                    604,499,790                      
2019 & 2018 AVERAGE AV                                   597,351,479                      
SEL. AV: LESSER 19AV OR AVG AV                           597,351,479                      
2020-21 TWFPU                                                  1,898                      
SEL. ACTUAL VAL./2020-21 TWFPU                               314,726                      
                                                                                          
2019 ADJ. GROSS INCOME                                   311,294,270                      
2019 ADJ. INCOME/2020-21 TWFPU                               164,011                      
INCOME WEALTH INDEX (IWI)                                    0.50600                      
                                                                                          
2019 & 2018 AVERAGE INCOME                               308,711,926                      
SEL INC: LESSER 19 OR AVG INC                            308,711,926                      
FND COMB WEALTH RATIO FOR SSR                                0.44400                      
                                                                                          
TAFPU BASED ON 20-21 SY DATA                                   2,322                      
TAFPU BASED ON 19-20 SY DATA                                   2,263                      
SELECTED TAFPU                                                 2,322                      
                                                                                          
REGIONAL COST INDEX (RCI)                                      1.091                      
PNI = 1 + EN%, MIN 1; MAX 2                                  1.49700                      
ADJUSTED FOUNDATION AMT/PUPIL                              11,827.82                      
  ADJUSTED TAX RATE                                          0.01027                      
EXP MIN LOCAL CONTRIB/PUPIL                                 3,232.23                      
FOUNDATION FORMULA AID/PUPIL                                8,595.59                      
  FND STATE SHARING RATIO                                    0.86500                      
ALT FOUNDATION AID/PUPIL                                   10,231.06                      
  SELECTD FOUNDATION AID/PUPIL                             10,231.06                      
  TOTAL FOUNDATION AID                                    23,756,522                      
  2021-22 FOUNDATION AID BASE                             19,502,659                      
  50% PHASE-IN                                             2,126,932                      
  AID DUE 3% MIN GUARANTEE                                   585,079                      
2022-23 FOUNDATION AID PAYABLE                            21,629,591                      
                                                                                          
2021-22 PUBLIC ENROLLMENT EST.                                 1,880                      
  % K-6 ELIG APPLIC LUNCH                                     0.5996                      
    LUNCH COUNT  @ 0.65                                          733                      
  CENSUS POVERTY                                              0.1611                      
    CENSUS COUNT @ 0.65                                          197                      
  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                                        936                      
EN % = EN COUNT/ENROLLMENT                                   0.49700                      
  3YR DIRECT CERT STUDENTS                                     3,818                      
  3YR DIRECT CERT ENROLLMENT                                   6,581                      
                                                                                          
2020-21 ATTENDANCE RATIO                                      0.8963                      
                                                                                   
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