DB ED: 0145C             STATE OF NEW YORK                   05/01/23                     
RUN NO: SA232-4                                                                           
                    2023-24 STATE AID PROJECTIONS                                         
                                                                                          
                           FOUNDATION AID                                                 
                                                                                          
                                                                                          
                                   DISTRICT CODE:             010500                      
                                   DISTRICT NAME:             COHOES                      
                                                                                          
SEE NOTE BELOW                                                                            
2020 ACTUAL VALUATION                                    852,667,368                      
2020 & 2019 AVERAGE AV                                   849,276,648                      
SEL. AV: LESSER 20AV OR AVG AV                           849,276,648                      
2021-22 TWFPU                                                  1,907                      
SEL. ACTUAL VAL./2021-22 TWFPU                               445,346                      
                                                                                          
2020 ADJ. GROSS INCOME                                   406,812,171                      
2020 ADJ. INCOME/2021-22 TWFPU                               213,325                      
INCOME WEALTH INDEX (IWI)                                    0.62300                      
                                                                                          
2020 & 2019 AVERAGE INCOME                               393,977,287                      
SEL INC: LESSER 20 OR AVG INC                            393,977,287                      
FND COMB WEALTH RATIO FOR SSR                                0.52100                      
                                                                                          
TAFPU BASED ON 21-22 SY DATA                                   2,397                      
TAFPU BASED ON 20-21 SY DATA                                   2,366                      
SELECTED TAFPU                                                 2,397                      
                                                                                          
REGIONAL COST INDEX (RCI)                                      1.124                      
PNI = 1 + EN%, MIN 1; MAX 2                                  1.60000                      
ADJUSTED FOUNDATION AMT/PUPIL                              14,065.28                      
  ADJUSTED TAX RATE                                          0.00981                      
EXP MIN LOCAL CONTRIB/PUPIL                                 4,368.84                      
FOUNDATION FORMULA AID/PUPIL                                9,696.44                      
  FND STATE SHARING RATIO                                    0.76600                      
ALT FOUNDATION AID/PUPIL                                   10,774.00                      
  SELECTD FOUNDATION AID/PUPIL                             10,774.00                      
  TOTAL FOUNDATION AID                                    25,825,278                      
  2022-23 FOUNDATION AID BASE                             20,398,320                      
  100% PHASE-IN INCREASE                                   5,426,958                      
  3% MINIMUM INCREASE                                        611,949                      
2023-24 FOUNDATION AID PAYABLE                            25,825,278                      
                                                                                          
2022-23 PUBLIC ENROLLMENT EST.                                 1,945                      
  % K-6 ELIG APPLIC LUNCH                                     0.6695                      
    LUNCH COUNT  @ 0.65                                          846                      
  CENSUS POVERTY                                              0.2298                      
    CENSUS COUNT @ 0.65                                          291                      
  NUMBER OF SQUARE MILES                                       4.270                      
  SPARSITY FACTOR                                              0.000                      
    SPARSITY COUNT                                                 0                      
  ENGLISH LANGUAGE LEARNERS                                       60                      
    ELL COUNT    @ 0.50                                           30                      
EXTRAORDINARY NEEDS COUNT                                      1,168                      
EN % = EN COUNT/ENROLLMENT                                   0.60000                      
                                                                                          
2021-22 ATTENDANCE RATIO                                      0.9036                      
                                                                                          
NOTE: STATE AID ESTABLISHED BY STATE LEGISLATURE FOR 2 DISTRICTS                          
      WITH INCOMPLETE DATA.                                                               
                                                                                   
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