DB ED: 0145C             STATE OF NEW YORK                   05/01/23                     
RUN NO: SA232-4                                                                           
                    2023-24 STATE AID PROJECTIONS                                         
                                                                                          
                           FOUNDATION AID                                                 
                                                                                          
                                                                                          
                                   DISTRICT CODE:             050401                      
                                   DISTRICT NAME:      CATO MERIDIAN                      
                                                                                          
SEE NOTE BELOW                                                                            
2020 ACTUAL VALUATION                                    373,675,479                      
2020 & 2019 AVERAGE AV                                   362,017,942                      
SEL. AV: LESSER 20AV OR AVG AV                           362,017,942                      
2021-22 TWFPU                                                    817                      
SEL. ACTUAL VAL./2021-22 TWFPU                               443,106                      
                                                                                          
2020 ADJ. GROSS INCOME                                   151,968,627                      
2020 ADJ. INCOME/2021-22 TWFPU                               186,008                      
INCOME WEALTH INDEX (IWI)                                    0.54300                      
                                                                                          
2020 & 2019 AVERAGE INCOME                               145,906,107                      
SEL INC: LESSER 20 OR AVG INC                            145,906,107                      
FND COMB WEALTH RATIO FOR SSR                                0.52800                      
                                                                                          
TAFPU BASED ON 21-22 SY DATA                                     940                      
TAFPU BASED ON 20-21 SY DATA                                     956                      
SELECTED TAFPU                                                   948                      
                                                                                          
REGIONAL COST INDEX (RCI)                                      1.103                      
PNI = 1 + EN%, MIN 1; MAX 2                                  1.73500                      
ADJUSTED FOUNDATION AMT/PUPIL                              14,967.08                      
  ADJUSTED TAX RATE                                          0.00981                      
EXP MIN LOCAL CONTRIB/PUPIL                                 4,346.86                      
FOUNDATION FORMULA AID/PUPIL                               10,620.22                      
  FND STATE SHARING RATIO                                    0.72100                      
ALT FOUNDATION AID/PUPIL                                   10,791.26                      
  SELECTD FOUNDATION AID/PUPIL                             10,791.26                      
  TOTAL FOUNDATION AID                                    10,230,115                      
  2022-23 FOUNDATION AID BASE                             10,366,762                      
  100% PHASE-IN INCREASE                                           0                      
  3% MINIMUM INCREASE                                        311,002                      
2023-24 FOUNDATION AID PAYABLE                            10,677,764                      
                                                                                          
2022-23 PUBLIC ENROLLMENT EST.                                   833                      
  % K-6 ELIG APPLIC LUNCH                                     0.4867                      
    LUNCH COUNT  @ 0.65                                          264                      
  CENSUS POVERTY                                              0.1456                      
    CENSUS COUNT @ 0.65                                           79                      
  NUMBER OF SQUARE MILES                                      96.898                      
  SPARSITY FACTOR                                              0.322                      
    SPARSITY COUNT                                               268                      
  ENGLISH LANGUAGE LEARNERS                                        2                      
    ELL COUNT    @ 0.50                                            1                      
EXTRAORDINARY NEEDS COUNT                                        613                      
EN % = EN COUNT/ENROLLMENT                                   0.73500                      
                                                                                          
2021-22 ATTENDANCE RATIO                                      0.9082                      
                                                                                          
NOTE: STATE AID ESTABLISHED BY STATE LEGISLATURE FOR 2 DISTRICTS                          
      WITH INCOMPLETE DATA.                                                               
                                                                                   
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