DISTRICT CODE:  200401                                     STATE AID    2008-09     
DISTRICT NAME:  INDIAN LAKE                                DATE:  JAN  30, 2018     
                                                           EDITION NO.     4627     
DISTRICT LAST UPDATED ON 01/29/18                                                   
NOTE: DATA DISPLAYED IS TENTATIVE PENDING AUDIT                                     
                                                                                    
2008-09 HIGH TAX AID OUTPUT REPORT (HTAX)                                PAGE 1     
                                                                                    
        SELECTED HIGH TAX AID                                                       
        _____________________                                                       
                                                                                    
     1. 2008-09 TIER 1 + TIER 2 + TIER 3 HIGH TAX AIDS                              
                                    (ENT 20 + ENT 24 + ENT 26)         223,828      
     2. 2007-08 HIGH TAX AID                                           100,000      
     3. 2008-09 ALTERNATE PUPIL WEALTH RATIO(APWR)(GEN ENT 47)           0.833      
     4. DUE MINIMUM FACTOR (IF APWR < 2.0 THEN 0.70 ELSE 0.50)             0.7      
     5. 2007-08 HIGH TAX AID X DUE MINIMUM FACTOR (ENTS 2 * 4)          70,000      
     6. SELECTED HIGH TAX AID      (GREATER OF ENT 1 OR ENT 5)         223,828      
                                                                                    
        DATA FOR ELIGIBILITY CALCULATIONS                                           
        _________________________________                                           
                                                                                    
     7. INCOME WEALTH INDEX (IWI)                                                   
                            (FA REPT PART III ENT 12 / 185100)           0.823      
     8. 2006-07 APPROVED OPERATING EXPENSE PER TAPU                                 
        (STATE AVG = $10,650)                      (PUB ENT 3)          18,936      
     9. 2005 RESIDENTIAL TAX LEVY FROM OFFICE OF REAL PROP                          
        SVCS                                                         2,113,571      
    10. 2005 ADJUSTED GROSS INCOME (AGI)                            24,075,030      
    11. TAX EFFORT RATIO                      (ENT 9 / ENT 10)         0.08779      
    12. 2005 FULL VALUE PER TWPU                  (GEN ENT 36)       2,471,557      
    13. 2005 ADJUSTED GROSS INCOME PER TWPU       (GEN ENT 40)         124,098      
    14. 2008-09 COMBINED WEALTH RATIO (CWR)       (GEN ENT 43)           3.004      
    15. 2008-09 REGIONAL COST INDEX (RCI)                                1.000      
                                                                                    
        TIER 1 HIGH TAX AID                                                         
        ___________________                                                         
                                                                                    
    16. ELIGIBILITY: IWI < 2.5 & AOE/TAPU > $10,650 & TAX                           
        EFFORT RATIO > .032 (1 = ELIGIBLE)   (IF ENT 7 < 2.5 &                      
                 ENT 8 > 10,650 & ENT 11 > .032 THEN 1 ELSE 0)               1      
    17. 2007 PUBLIC SCHOOL ENROLLMENT                                      165      
    18. 2008-09 STATE SHARING RATIO (SSR)         (GEN ENT 54)           0.000      
    19. FORMULA TIER 1 AID: $450 * ENROLLMENT * SSR                                 
                                       (450 * ENT 17 * ENT 18)               0      
    20. SELECTED TIER 1 AID: > TIER 1 FORMULA AID OR $100,000                       
                            (ENT 16 * MAX ($100,000 OR ENT 19)         100,000      
                                                                                    
        TIER 2 HIGH TAX AID                                                         
        ___________________                                                         
                                                                                    
    21. ELIGIBILITY: TAX EFFORT RATIO > .05     (1 = ELIGIBLE)                      
                               (IF ENT 11 > .05 THEN 1 ELSE 0)               1      
    22. 2006-07 AOE / TAPU - $10,660 (ENT 8 - 10,660, MIN = 0)           8,276      
    23. HIGH TAX TIER 2 AID RATIO: 1 - (0.6 * APWR)                                 
                              (1 - (0.6 * ENT 3) MIN 0, MAX 1)           0.501      
    24. TIER 2 AID: ENROLLMENT * 0.181 * ENT 21 * HIGH TAX                          
        TIER 2 AID RATIO * RCI                                                      
            (ENT 17 * .181 * ENT 22 * ENT 23 *ENT 15 * ENT 21)         123,828      
                                                                                    
        TIER 3 HIGH TAX AID                                                         
        ___________________                                                         
                                                                                    
    25. ELIGIBILITY: (FV/TWPU)/(AGI/TWPU) > 4.620 & CWR < 6.0                       
        & RCI > 1.3 (1 = ELIGIBLE)  (IF ENT 12 / ENT 13 > 4.62                      
                  & ENT 14 < 6.0 & ENT 15 > 1.3 THEN 1 ELSE 0)               0      
    26. TIER 3 AID: ENROLLMENT * $52 * RCI                                          
                               (ENT 17 * 52 * ENT 15 * ENT 25)               0      
                                                                                    

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