DB ED: 0070D             STATE OF NEW YORK                   01/16/24                     
RUN NO: BT242-5                                                                           
                  2024-25 EXECUTIVE BUDGET PROPOSAL                                       
                                                                                          
                           FOUNDATION AID                                                 
                                                                                          
                                                                                          
                                   DISTRICT CODE:             521301                      
                                   DISTRICT NAME:       BALLSTON SPA                      
                                                                                          
SEE NOTE BELOW                                                                            
2021 ACTUAL VALUATION                                  3,274,780,227                      
2021 & 2020 AVERAGE AV                                 3,232,585,303                      
SEL. AV: LESSER 21AV OR AVG AV                         3,232,585,303                      
2022-23 TWFPU                                                  3,873                      
SEL. ACTUAL VAL./2022-23 TWFPU                               834,646                      
                                                                                          
2021 ADJ. GROSS INCOME                                 1,192,488,261                      
2021 ADJ. INCOME/2022-23 TWFPU                               307,897                      
INCOME WEALTH INDEX (IWI)                                    0.77000                      
                                                                                          
2021 & 2020 AVERAGE INCOME                             1,143,804,643                      
SEL INC: LESSER 21 OR AVG INC                          1,143,804,643                      
FND COMB WEALTH RATIO FOR SSR                                0.82400                      
                                                                                          
TAFPU BASED ON 22-23 SY DATA                                   4,675                      
TAFPU BASED ON 21-22 SY DATA                                   4,667                      
SELECTED TAFPU                                                 4,675                      
                                                                                          
REGIONAL COST INDEX (RCI)                                      1.124                      
PNI = 1 + EN%, MIN 1; MAX 2                                  1.28900                      
ADJUSTED FOUNDATION AMT/PUPIL                              11,603.71                      
  ADJUSTED TAX RATE                                          0.01155                      
EXP MIN LOCAL CONTRIB/PUPIL                                 9,640.16                      
FOUNDATION FORMULA AID/PUPIL                                1,963.55                      
  FND STATE SHARING RATIO                                    0.47900                      
ALT FOUNDATION AID/PUPIL                                    5,558.17                      
  SELECTD FOUNDATION AID/PUPIL                              5,558.17                      
  TOTAL FOUNDATION AID                                    25,984,445                      
  2023-24 FOUNDATION AID BASE                             26,078,374                      
  BASE FA - TOTAL FA                                          93,929                      
  TRANSITION ADJUSTMENT                                       46,965                      
2024-25 FOUNDATION AID PAYABLE                            26,031,410                      
                                                                                          
2023-24 PUBLIC ENROLLMENT EST.                                 3,890                      
  % K-6 ELIG APPLIC LUNCH                                     0.3303                      
    LUNCH COUNT  @ 0.65                                          835                      
  CENSUS POVERTY                                              0.1112                      
    CENSUS COUNT @ 0.65                                          281                      
  NUMBER OF SQUARE MILES                                      57.871                      
  SPARSITY FACTOR                                              0.000                      
  SPARSITY COUNT                                                   0                      
  ENGLISH LANGUAGE LEARNERS                                       22                      
    ELL COUNT    @ 0.50                                           11                      
EXTRAORDINARY NEEDS COUNT                                      1,128                      
EN % = EN COUNT/ENROLLMENT                                   0.28900                      
                                                                                          
2022-23 ATTENDANCE RATIO                                      0.9258                      
                                                                                          
NOTE: STATE AID ESTABLISHED BY EXECUTIVE BUDGET FOR 16 DISTRICTS                          
      WITH INCOMPLETE DATA.                                                               
                                                                                   
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