EXECUTIVE PROPOSAL DB ED: 0070D STATE OF NEW YORK 01/16/24 RUN NO: BT242-5 2024-25 EXECUTIVE BUDGET PROPOSAL FOUNDATION AID DISTRICT CODE: 062601 DISTRICT NAME: SHERMAN SEE NOTE BELOW 2021 ACTUAL VALUATION 185,882,512 2021 & 2020 AVERAGE AV 181,161,091 SEL. AV: LESSER 21AV OR AVG AV 181,161,091 2022-23 TWFPU 337 SEL. ACTUAL VAL./2022-23 TWFPU 537,570 2021 ADJ. GROSS INCOME 50,109,016 2021 ADJ. INCOME/2022-23 TWFPU 148,691 INCOME WEALTH INDEX (IWI) 0.37100 2021 & 2020 AVERAGE INCOME 48,813,212 SEL INC: LESSER 21 OR AVG INC 48,813,212 FND COMB WEALTH RATIO FOR SSR 0.46800 TAFPU BASED ON 22-23 SY DATA 493 TAFPU BASED ON 21-22 SY DATA 492 SELECTED TAFPU 493 REGIONAL COST INDEX (RCI) 1.091 PNI = 1 + EN%, MIN 1; MAX 2 1.82600 ADJUSTED FOUNDATION AMT/PUPIL 15,955.24 ADJUSTED TAX RATE 0.00975 EXP MIN LOCAL CONTRIB/PUPIL 5,241.30 FOUNDATION FORMULA AID/PUPIL 10,713.94 FND STATE SHARING RATIO 0.83400 ALT FOUNDATION AID/PUPIL 13,306.67 SELECTD FOUNDATION AID/PUPIL 13,306.67 TOTAL FOUNDATION AID 6,560,189 2023-24 FOUNDATION AID BASE 6,393,210 BASE FA - TOTAL FA 0 TRANSITION ADJUSTMENT 0 2024-25 FOUNDATION AID PAYABLE 6,560,189 2023-24 PUBLIC ENROLLMENT EST. 404 % K-6 ELIG APPLIC LUNCH 0.5246 LUNCH COUNT @ 0.65 138 CENSUS POVERTY 0.1040 CENSUS COUNT @ 0.65 27 NUMBER OF SQUARE MILES 104.361 SPARSITY FACTOR 0.415 SPARSITY COUNT 168 ENGLISH LANGUAGE LEARNERS 0 ELL COUNT @ 0.50 0 EXTRAORDINARY NEEDS COUNT 334 EN % = EN COUNT/ENROLLMENT 0.82600 2022-23 ATTENDANCE RATIO 0.9219 NOTE: STATE AID ESTABLISHED BY EXECUTIVE BUDGET FOR 16 DISTRICTS WITH INCOMPLETE DATA.NYSED HOME PAGE | STATE AID HOME PAGE | DISTRICT HOME PAGE