DB ED: 0070D             STATE OF NEW YORK                   01/16/24                     
RUN NO: BT242-5                                                                           
                  2024-25 EXECUTIVE BUDGET PROPOSAL                                       
                                                                                          
                           FOUNDATION AID                                                 
                                                                                          
                                                                                          
                                   DISTRICT CODE:             280212                      
                                   DISTRICT NAME:           MALVERNE                      
                                                                                          
SEE NOTE BELOW                                                                            
2021 ACTUAL VALUATION                                  1,961,258,421                      
2021 & 2020 AVERAGE AV                                 1,953,754,488                      
SEL. AV: LESSER 21AV OR AVG AV                         1,953,754,488                      
2022-23 TWFPU                                                  1,836                      
SEL. ACTUAL VAL./2022-23 TWFPU                             1,064,136                      
                                                                                          
2021 ADJ. GROSS INCOME                                   666,941,448                      
2021 ADJ. INCOME/2022-23 TWFPU                               363,257                      
INCOME WEALTH INDEX (IWI)                                    0.90800                      
                                                                                          
2021 & 2020 AVERAGE INCOME                               648,792,576                      
SEL INC: LESSER 21 OR AVG INC                            648,792,576                      
FND COMB WEALTH RATIO FOR SSR                                0.97000                      
                                                                                          
TAFPU BASED ON 22-23 SY DATA                                   2,240                      
TAFPU BASED ON 21-22 SY DATA                                   2,274                      
SELECTED TAFPU                                                 2,257                      
                                                                                          
REGIONAL COST INDEX (RCI)                                      1.425                      
PNI = 1 + EN%, MIN 1; MAX 2                                  1.25200                      
ADJUSTED FOUNDATION AMT/PUPIL                              14,288.85                      
  ADJUSTED TAX RATE                                          0.01362                      
EXP MIN LOCAL CONTRIB/PUPIL                                14,493.53                      
FOUNDATION FORMULA AID/PUPIL                                    0.00                      
  FND STATE SHARING RATIO                                    0.42200                      
ALT FOUNDATION AID/PUPIL                                    6,029.89                      
  SELECTD FOUNDATION AID/PUPIL                              6,029.89                      
  TOTAL FOUNDATION AID                                    13,609,462                      
  2023-24 FOUNDATION AID BASE                             13,196,408                      
  BASE FA - TOTAL FA                                               0                      
  TRANSITION ADJUSTMENT                                            0                      
2024-25 FOUNDATION AID PAYABLE                            13,609,462                      
                                                                                          
2023-24 PUBLIC ENROLLMENT EST.                                 1,872                      
  % K-6 ELIG APPLIC LUNCH                                     0.3024                      
    LUNCH COUNT  @ 0.65                                          368                      
  CENSUS POVERTY                                              0.0602                      
    CENSUS COUNT @ 0.65                                           73                      
  NUMBER OF SQUARE MILES                                       2.282                      
  SPARSITY FACTOR                                              0.000                      
  SPARSITY COUNT                                                   0                      
  ENGLISH LANGUAGE LEARNERS                                       59                      
    ELL COUNT    @ 0.50                                           30                      
EXTRAORDINARY NEEDS COUNT                                        472                      
EN % = EN COUNT/ENROLLMENT                                   0.25200                      
                                                                                          
2022-23 ATTENDANCE RATIO                                      0.9540                      
                                                                                          
NOTE: STATE AID ESTABLISHED BY EXECUTIVE BUDGET FOR 16 DISTRICTS                          
      WITH INCOMPLETE DATA.                                                               
                                                                                   
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