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:             580601                      
                                   DISTRICT NAME:     SHOREHAM-WADIN                      
                                                                                          
SEE NOTE BELOW                                                                            
2021 ACTUAL VALUATION                                  2,975,130,900                      
2021 & 2020 AVERAGE AV                                 2,927,007,102                      
SEL. AV: LESSER 21AV OR AVG AV                         2,927,007,102                      
2022-23 TWFPU                                                  2,006                      
SEL. ACTUAL VAL./2022-23 TWFPU                             1,459,126                      
                                                                                          
2021 ADJ. GROSS INCOME                                   711,155,279                      
2021 ADJ. INCOME/2022-23 TWFPU                               354,514                      
INCOME WEALTH INDEX (IWI)                                    0.88600                      
                                                                                          
2021 & 2020 AVERAGE INCOME                               660,043,410                      
SEL INC: LESSER 21 OR AVG INC                            660,043,410                      
FND COMB WEALTH RATIO FOR SSR                                1.14000                      
                                                                                          
TAFPU BASED ON 22-23 SY DATA                                   2,420                      
TAFPU BASED ON 21-22 SY DATA                                   2,400                      
SELECTED TAFPU                                                 2,420                      
                                                                                          
REGIONAL COST INDEX (RCI)                                      1.425                      
PNI = 1 + EN%, MIN 1; MAX 2                                  1.04000                      
ADJUSTED FOUNDATION AMT/PUPIL                              11,869.33                      
  ADJUSTED TAX RATE                                          0.01329                      
EXP MIN LOCAL CONTRIB/PUPIL                                19,391.78                      
FOUNDATION FORMULA AID/PUPIL                                    0.00                      
  FND STATE SHARING RATIO                                    0.35600                      
ALT FOUNDATION AID/PUPIL                                    4,225.48                      
  SELECTD FOUNDATION AID/PUPIL                              4,225.48                      
  TOTAL FOUNDATION AID                                    10,225,662                      
  2023-24 FOUNDATION AID BASE                             10,130,251                      
  BASE FA - TOTAL FA                                               0                      
  TRANSITION ADJUSTMENT                                            0                      
2024-25 FOUNDATION AID PAYABLE                            10,225,662                      
                                                                                          
2023-24 PUBLIC ENROLLMENT EST.                                 1,975                      
  % K-6 ELIG APPLIC LUNCH                                     0.0298                      
    LUNCH COUNT  @ 0.65                                           38                      
  CENSUS POVERTY                                              0.0193                      
    CENSUS COUNT @ 0.65                                           25                      
  NUMBER OF SQUARE MILES                                      12.215                      
  SPARSITY FACTOR                                              0.000                      
  SPARSITY COUNT                                                   0                      
  ENGLISH LANGUAGE LEARNERS                                       31                      
    ELL COUNT    @ 0.50                                           16                      
EXTRAORDINARY NEEDS COUNT                                         80                      
EN % = EN COUNT/ENROLLMENT                                   0.04000                      
                                                                                          
2022-23 ATTENDANCE RATIO                                      0.9419                      
                                                                                          
NOTE: STATE AID ESTABLISHED BY EXECUTIVE BUDGET FOR 16 DISTRICTS                          
      WITH INCOMPLETE DATA.                                                               
                                                                                   

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