DB ED: 0145C             STATE OF NEW YORK                   05/01/23                     
RUN NO: SA232-4                                                                           
                    2023-24 STATE AID PROJECTIONS                                         
                                                                                          
                           FOUNDATION AID                                                 
                                                                                          
                                                                                          
                                   DISTRICT CODE:             062601                      
                                   DISTRICT NAME:            SHERMAN                      
                                                                                          
SEE NOTE BELOW                                                                            
2020 ACTUAL VALUATION                                    176,439,671                      
2020 & 2019 AVERAGE AV                                   169,535,259                      
SEL. AV: LESSER 20AV OR AVG AV                           169,535,259                      
2021-22 TWFPU                                                    338                      
SEL. ACTUAL VAL./2021-22 TWFPU                               501,583                      
                                                                                          
2020 ADJ. GROSS INCOME                                    47,517,409                      
2020 ADJ. INCOME/2021-22 TWFPU                               140,584                      
INCOME WEALTH INDEX (IWI)                                    0.41000                      
                                                                                          
2020 & 2019 AVERAGE INCOME                                46,872,885                      
SEL INC: LESSER 20 OR AVG INC                             46,872,885                      
FND COMB WEALTH RATIO FOR SSR                                0.46800                      
                                                                                          
TAFPU BASED ON 21-22 SY DATA                                     495                      
TAFPU BASED ON 20-21 SY DATA                                     465                      
SELECTED TAFPU                                                   495                      
                                                                                          
REGIONAL COST INDEX (RCI)                                      1.091                      
PNI = 1 + EN%, MIN 1; MAX 2                                  1.83200                      
ADJUSTED FOUNDATION AMT/PUPIL                              15,631.92                      
  ADJUSTED TAX RATE                                          0.00981                      
EXP MIN LOCAL CONTRIB/PUPIL                                 4,920.52                      
FOUNDATION FORMULA AID/PUPIL                               10,711.40                      
  FND STATE SHARING RATIO                                    0.83400                      
ALT FOUNDATION AID/PUPIL                                   13,037.02                      
  SELECTD FOUNDATION AID/PUPIL                             13,037.02                      
  TOTAL FOUNDATION AID                                     6,453,325                      
  2022-23 FOUNDATION AID BASE                              5,647,744                      
  100% PHASE-IN INCREASE                                     805,581                      
  3% MINIMUM INCREASE                                        169,432                      
2023-24 FOUNDATION AID PAYABLE                             6,453,325                      
                                                                                          
2022-23 PUBLIC ENROLLMENT EST.                                   412                      
  % K-6 ELIG APPLIC LUNCH                                     0.5372                      
    LUNCH COUNT  @ 0.65                                          144                      
  CENSUS POVERTY                                              0.1040                      
    CENSUS COUNT @ 0.65                                           28                      
  NUMBER OF SQUARE MILES                                     104.361                      
  SPARSITY FACTOR                                              0.413                      
    SPARSITY COUNT                                               170                      
  ENGLISH LANGUAGE LEARNERS                                        0                      
    ELL COUNT    @ 0.50                                            0                      
EXTRAORDINARY NEEDS COUNT                                        343                      
EN % = EN COUNT/ENROLLMENT                                   0.83200                      
                                                                                          
2021-22 ATTENDANCE RATIO                                      0.9278                      
                                                                                          
NOTE: STATE AID ESTABLISHED BY STATE LEGISLATURE FOR 2 DISTRICTS                          
      WITH INCOMPLETE DATA.                                                               
                                                                                   
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