DISTRICT CODE: 280503 STATE AID 2007-08
DISTRICT NAME: LOCUST VALLEY DATE: MAY 3, 2008
EDITION NO. 681
DISTRICT LAST UPDATED ON 05/02/08
NOTE: DATA DISPLAYED IS TENTATIVE PENDING AUDIT
PUBLIC EXCESS COST AID AND 2007-08 EXCESS COST AID SETASIDE (PUB)
PART I: AIDABLE EXPENSE PER STUDENT
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1. 2005-06 APPROVED OPERATING EXPENSE
(2006-07 AOE, ENT 52) 47,303,820
2. 2005-06 TOTAL AIDABLE PUPIL UNITS FOR EXPENSE
(2006-07 ATT, ENT 159) 2,792
3. 2005-06 AOE PER TAPU (ENT 1 / ENT 2) 16,942
4. AIDABLE EXPENSE PER STUDENT
(LESSER OF ENT 3 OR $9,900; BUT NOT LESS THAN $2,000) 9,900
PART II:REGULAR EXCESS COST AID & DSSA FOR CALCULATION OF SUPPLEMENTAL
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PUBLIC EXCESS COST AID AMOUNT (SPECA)
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5. PUBLIC EXCESS COST AID RATIO
(LARGER OF [1.000 LESS (.510 * CWR) OR .250]) 0.250
6. REGULAR EXCESS COST AID PER STUDENT (ENT 4 * ENT 5) 2,475.00
7. RESIDENT WEIGHTED STUDENTS WITH DISABILITIES
(ATT, ENT 72 + ENT 130) 327.61
8. REGULAR FORMULA PUBLIC EXCESS COST AID (ENT 6 * ENT 7) 810,835
9. DECLASSIFICATION SUPPORT SERVICES FTE (10 075) 10.00
10. DECLASSIFICATION AID PER STUDENT (.50 * ENT 6) 1,237.50
11. DECLASSIFICATION SUPPORT SERVICES AID (ENT 9 * ENT 10) 12,375
12. TOTAL FORMULA EXCESS COST AID & DSSA (ENT 8 + ENT 11) 823,210
PART III: HIGH COST APPORTIONMENT
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13. DEDUCTION = 3 * AOE/TAPU (ENT 3 * 3) 50,826
14. ELIGIBILITY LEVEL = LESSER OF $10,000 OR 4 * AOE/TAPU
[LESSER OF $10,000 OR (4 * ENT 3)] 10,000
15. AIDIABLE HIGH COST 60,133
16. HIGH COST APPORTIONMENT (ENT 15 * ENT 5) 15,034
PART IV: CALCULATION OF SELECTED PUBLIC EXCESS COST AID PAYABLE FOR
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CALCULATION OF SPECA
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17. TOTAL 2007-08 FORMULA EXCESS COST AIDS, DSSA & HIGH
COST (ENT 12 + ENT 16) 838,244
18. TOTAL 2006-07 PUBLIC EXCESS COST AIDS W/O IS AID 854,241
19. TOTAL 2006-07 PUBLIC EXCESS COST AID * .95 811,528
20. 2007-08 AID DUE SAVE HARMLESS
(ENT 19 - ENT 17; CANNOT BE LESS THAN 0) 0
21. 2007-08 SELECTED PUBLIC EXCESS COST AID
(ENT 17 + ENT 20) 838,244
PART V: TOTAL INTEGRATED SETTING AIDS FOR CALCULATION OF SPECA
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22. INTEGRATED SETTING WEIGHTED FTE (ATT, ENT 173) 7.50
23. INTEGRATED SETTING AID (ENT 6 * ENT 22) 18,562
PART VI: SUPPLEMENTAL PUBLIC EXCESS COST AID
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24. PART VI 2007-08 SUPPLEMENTAL PUBLIC EXCESS COST AID
AMOUNT (ENT 21 + ENT 23) 856,806
25. 2006-07 PUBLIC COST AID 870,127
26. INCREASE IN SPEC AMOUNT OVER 2006-07 PUBLIC EXCESS
COST AID (ENT 24 - ENT 25) 0
27. CALCULATED 2007-08 FOUNDATION AID
(ENT 10 FOA PART 1) 2,290,698
28. 103% OF FAB (ENT 11 FOA PART 1) 2,301,648
29. 2007-08 FOUNDATION AID PAYABLE (ENT 15 FOA PART 1) 2,301,648
30. SUPPLEMENTAL PUBLIC EXCESS COST AID
((ENT 26 - (ENT 29 - ENT 28, MIN 0) * 0.91), MIN 0 0
PART VII: PUBLIC EXCESS COST AID SETASIDE
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31. 2006-07 PUBLIC EXCESS COST AID LESS 2006-07 PUBLIC
HIGH COST EXCESS COST AID
(ENT 25 - (0607 PUB ENT 16)) (SA0708) 848,016
32. INCREASE IN CPI BETWEEN CURRENT YEAR AND 2006-07 + 1 1.032
33. PUBLIC EXCESS COST AID SETASIDE
(ENT 31 * ENT 32) (SA0708) 875,152
PART VIII: SELECTED SA0708 EXCESS COST AID DATA
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34. 2004-05 APPROVED OPERATING EXPENSE PER PUPIL FOR
2006-07 AID AS OF SA0708 16,758
35. PUBLIC EXCESS COST AID RATIO FOR 2006-07 AID AS OF
SA0708 0.250
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