DB ED: 0070D             STATE OF NEW YORK                   01/16/24                     
RUN NO: BT242-5                                                                           
                  2024-25 EXECUTIVE BUDGET PROPOSAL                                       
                                                                                          
                           FOUNDATION AID                                                 
                                                                                          
                                                                                          
                                   DISTRICT CODE:             250701                      
                                   DISTRICT NAME:           HAMILTON                      
                                                                                          
SEE NOTE BELOW                                                                            
2021 ACTUAL VALUATION                                    430,314,434                      
2021 & 2020 AVERAGE AV                                   426,575,770                      
SEL. AV: LESSER 21AV OR AVG AV                           426,575,770                      
2022-23 TWFPU                                                    541                      
SEL. ACTUAL VAL./2022-23 TWFPU                               788,494                      
                                                                                          
2021 ADJ. GROSS INCOME                                   163,520,951                      
2021 ADJ. INCOME/2022-23 TWFPU                               302,256                      
INCOME WEALTH INDEX (IWI)                                    0.75600                      
                                                                                          
2021 & 2020 AVERAGE INCOME                               152,762,087                      
SEL INC: LESSER 21 OR AVG INC                            152,762,087                      
FND COMB WEALTH RATIO FOR SSR                                0.82800                      
                                                                                          
TAFPU BASED ON 22-23 SY DATA                                     613                      
TAFPU BASED ON 21-22 SY DATA                                     603                      
SELECTED TAFPU                                                   613                      
                                                                                          
REGIONAL COST INDEX (RCI)                                      1.000                      
PNI = 1 + EN%, MIN 1; MAX 2                                  1.57300                      
ADJUSTED FOUNDATION AMT/PUPIL                              12,598.15                      
  ADJUSTED TAX RATE                                          0.01134                      
EXP MIN LOCAL CONTRIB/PUPIL                                 8,941.52                      
FOUNDATION FORMULA AID/PUPIL                                3,656.63                      
  FND STATE SHARING RATIO                                    0.47800                      
ALT FOUNDATION AID/PUPIL                                    6,021.91                      
  SELECTD FOUNDATION AID/PUPIL                              6,021.91                      
  TOTAL FOUNDATION AID                                     3,691,431                      
  2023-24 FOUNDATION AID BASE                              3,766,610                      
  BASE FA - TOTAL FA                                          75,179                      
  TRANSITION ADJUSTMENT                                       37,590                      
2024-25 FOUNDATION AID PAYABLE                             3,729,021                      
                                                                                          
2023-24 PUBLIC ENROLLMENT EST.                                   544                      
  % K-6 ELIG APPLIC LUNCH                                     0.2905                      
    LUNCH COUNT  @ 0.65                                          103                      
  CENSUS POVERTY                                              0.1633                      
    CENSUS COUNT @ 0.65                                           58                      
  NUMBER OF SQUARE MILES                                      49.777                      
  SPARSITY FACTOR                                              0.276                      
  SPARSITY COUNT                                                 150                      
  ENGLISH LANGUAGE LEARNERS                                        0                      
    ELL COUNT    @ 0.50                                            0                      
EXTRAORDINARY NEEDS COUNT                                        312                      
EN % = EN COUNT/ENROLLMENT                                   0.57300                      
                                                                                          
2022-23 ATTENDANCE RATIO                                      0.9394                      
                                                                                          
NOTE: STATE AID ESTABLISHED BY EXECUTIVE BUDGET FOR 16 DISTRICTS                          
      WITH INCOMPLETE DATA.                                                               
                                                                                   
NYSED HOME PAGE | STATE AID HOME PAGE | DISTRICT HOME PAGE