ENACTED BUDGET                                                             
DB ED: 0145C             STATE OF NEW YORK                   05/01/23                     
RUN NO: SA232-4                                                                           
                    2023-24 STATE AID PROJECTIONS                                         
                                                                                          
                           FOUNDATION AID                                                 
                                                                                          
                                                                                          
                                   DISTRICT CODE:             661500                      
                                   DISTRICT NAME:          PEEKSKILL                      
                                                                                          
SEE NOTE BELOW                                                                            
2020 ACTUAL VALUATION                                  2,045,737,420                      
2020 & 2019 AVERAGE AV                                 1,928,761,288                      
SEL. AV: LESSER 20AV OR AVG AV                         1,928,761,288                      
2021-22 TWFPU                                                  3,439                      
SEL. ACTUAL VAL./2021-22 TWFPU                               560,849                      
                                                                                          
2020 ADJ. GROSS INCOME                                   663,862,595                      
2020 ADJ. INCOME/2021-22 TWFPU                               193,039                      
INCOME WEALTH INDEX (IWI)                                    0.56300                      
                                                                                          
2020 & 2019 AVERAGE INCOME                               650,495,124                      
SEL INC: LESSER 20 OR AVG INC                            650,495,124                      
FND COMB WEALTH RATIO FOR SSR                                0.56100                      
                                                                                          
TAFPU BASED ON 21-22 SY DATA                                   4,166                      
TAFPU BASED ON 20-21 SY DATA                                   4,128                      
SELECTED TAFPU                                                 4,166                      
                                                                                          
REGIONAL COST INDEX (RCI)                                      1.314                      
PNI = 1 + EN%, MIN 1; MAX 2                                  1.68200                      
ADJUSTED FOUNDATION AMT/PUPIL                              17,285.56                      
  ADJUSTED TAX RATE                                          0.00981                      
EXP MIN LOCAL CONTRIB/PUPIL                                 5,501.92                      
FOUNDATION FORMULA AID/PUPIL                               11,783.64                      
  FND STATE SHARING RATIO                                    0.71400                      
ALT FOUNDATION AID/PUPIL                                   12,341.88                      
  SELECTD FOUNDATION AID/PUPIL                             12,341.88                      
  TOTAL FOUNDATION AID                                    51,416,273                      
  2022-23 FOUNDATION AID BASE                             41,172,781                      
  100% PHASE-IN INCREASE                                  10,243,492                      
  3% MINIMUM INCREASE                                      1,235,183                      
2023-24 FOUNDATION AID PAYABLE                            51,416,273                      
                                                                                          
2022-23 PUBLIC ENROLLMENT EST.                                 3,486                      
  % K-6 ELIG APPLIC LUNCH                                     0.6655                      
    LUNCH COUNT  @ 0.65                                        1,508                      
  CENSUS POVERTY                                              0.1701                      
    CENSUS COUNT @ 0.65                                          385                      
  NUMBER OF SQUARE MILES                                       4.905                      
  SPARSITY FACTOR                                              0.000                      
    SPARSITY COUNT                                                 0                      
  ENGLISH LANGUAGE LEARNERS                                      967                      
    ELL COUNT    @ 0.50                                          484                      
EXTRAORDINARY NEEDS COUNT                                      2,378                      
EN % = EN COUNT/ENROLLMENT                                   0.68200                      
                                                                                          
2021-22 ATTENDANCE RATIO                                      0.9292                      
                                                                                          
NOTE: STATE AID ESTABLISHED BY STATE LEGISLATURE FOR 2 DISTRICTS                          
      WITH INCOMPLETE DATA.                                                               
                                                                                   

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