DISTRICT CODE: 662401 STATE AID 2007-08
DISTRICT NAME: LAKELAND DATE: DEC 3, 2007
EDITION NO. 236
DISTRICT LAST UPDATED ON 12/03/07
NOTE: DATA DISPLAYED IS TENTATIVE PENDING AUDIT
GENERAL FORMULA AID OUTPUT REPORT (GEN) PAGE 1
PART I: CALCULATED GENERAL AIDS SUMMARY
________________________________________
1 FOUNDATION AID (FA ENT 15) 21,870,567
2 LESS 0708 PUB EXCESS COST AID SET-ASIDE (PUB ENT 33) 4,806,730
3 DEDUCT FOR LOCAL SHARE OF ED COSTS FOR CERTAIN STUDENTS
(ENT 66) 31,505
4 NET CURRENT YEAR AID (ENT 1 - ENT 2 - ENT 3) 17,032,332
5 HIGH TAX AID (SA0708) (ENT 111) 191,130
6 REORGANIZATION INCENTIVE OPERATING AID (ENT 74) 0
7 REG BUILDING AID
(BLD, ENT 36 + BLD10, ENT 50 + BLD3, ENT 58 +
BLD4, ENT 30 + BLD, ENT 48 + BLD10, ENT 61) 3,677,791
8 REG REORG INCENTIVE BLDG AID
(BLD, ENT 43 + BLD10, ENT 57 + BLD3, ENT 63 + BLD4, ENT 35) 0
9 TOTAL BUILDING AID PROSPECTIVE, PAYABLE JULY 2007
(SBA ENT 5A) 0
10 NATIVE AMERICAN BUILDING AID
(BLD, ENT 44 + BLD10, ENT 53 + BLD3, ENT 64 + BLD4, ENT 31) 0
11 TRANSPORTATION AID (TRA, ENT 174) 4,018,775
12 CAREER EDUCATION AID - BIG 5 & NONCOMPONENTS (ENT 79) 0
13 COMPUTER ADMINISTRATION AID-BIG 5 & NONCOMPONENTS (ENT 95) 0
14 URBAN-SUBURBAN TRANSFER AID (ENT 105) 0
15 CHARTER SCHOOL TRANSITIONAL AID (CHART ENT 38) 0
16 CAREER EDUCATION AID DEDUCT FROM GEN AID BASED ON
MAINTENANCE OF EFFORT CHECK (ENT 88) 0
17 LIMITED ENGLISH PROFICIENCY DEDUCT FROM GEN AID BASED
ON 2006-07 LEP EXPENDITURE CHECK (ENT 54) 0
18 TOTAL CALCULATED GENERAL AIDS 0
(SUM OF ENTRIES 4 THRU 15) - (ENT 16 + ENT 17) 24,920,028
19 TOTAL BUILDING AID PROSPECTIVE, PAID JULY 2007 0
20 TOTAL ADJUSTED CALCULATED GENERAL AIDS
(ENT18+ENT3+ENT16+ENT17) - (ENT10+ENT14+ENT19) 24,951,533
21 TOTAL GENERAL AIDS DISPLAYED ON COMPUTER RUN #SA0708
DATED MARCH 2007 EXCLUDING JULY 07 DEFERRED PROSPECTIVE
BUILDING AID PAYMENT 22,944,079
22 AIDS USED FOR GENERAL AID PAYMENTS THROUGH JUNE 2008,
FROZEN 12/1/07 AND RECALCULATED IN MAY 2008 EXCLUDING
JULY 2007 DEFERRED PROSPECTIVE BUILDING AID
(IF #20<#21,THEN #18-#19 ELSE #21-#3-#16-#17+#10+#14) 22,912,574
PART II: ADDITIONAL GENERAL AIDS AND ADJUSTMENTS
_________________________________________________
23 FULL DAY K CONVERSION AID (ENT 107) 0
24 IMPACT AID (+) (SED USE ONLY) 0
25 SHORT SESSION DEDUCT (-) (SED USE ONLY) 0
26 GRAND TOT GENERAL AIDS (ENTS 18 + 23 + 24 - 25) 24,920,028
PART III: PAYMENTS THRU JUNE 2008 AND EXCESS DUE SEPT 2008
__________________________________________________________
27 FULL DAY K CONVERSION AID DISPLAYED ON COMPUTER RUN
SA0708 DATED MARCH 2007 0
28 FULL DAY CONVERSION AIDS (ENT 23) 0
29 FULL DAY CONVERSION PAYABLE JUNE 2008
(IF ATT ENT 189 > 0, ENT 28 (LSR ENT 28 OR 29)) 0
30 TOTAL BUILDING AID PROSPECTIVE, PAID JULY 2007 (ENT 19) 0
31 TOTAL PAYMENTS THRU JUNE 2008 (ENT 22 + ENT 24 + ENT 30) 22,912,574
32 GRAND TOTAL GENERAL AIDS (ENT 26, FROZEN 8/1/2008) 24,920,028
33 BALANCE PAYMENTS DUE SEPTEMBER 2008 (ENT 32 - ENT 31) 2,007,454
PART IV: STATE SHARING RATIO FOR 2007-08 AID CALCULATIONS
_________________________________________________________
34 2004 ACTUAL VALUATION 4329,387,623
35 2005-06 TOT WEALTH PUPIL UNITS (TWPU) 7,934
36 ACTUAL VALUATION PER TWPU (ENT 34 / ENT 35) 545,675
37 PUPIL WEALTH RATIO (ENT 36 / 426,800) 1.278
38 PUPIL WEALTH RATIO * .50 (ENT 37 * 0.50) 0.639
39 2004 ADJUSTED GROSS INCOME 982,653,819
40 ADJUSTED GROSS INCOME / TWPU (ENT 39 / ENT 35) 123,853
41 ALTERNATE PUPIL WEALTH RATIO (ENT 40 / 136,600) 0.906
42 ALTERNATE PUPIL WEALTH RATIO * .50 (ENT 41 * 0.50) 0.453
43 COMBINED WEALTH RATIO (CWR) (ENT 38 + ENT 42) 1.092
SELECTED SHARING RATIO:
44 CWR * 1.230 (ENT 43 * 1.230) 1.343
45 FORMULA 1 SHARING RATIO (1.370 - ENT 44, MIN 0, MAX .900) 0.027
46 CWR * 0.640 (ENT 43 * .640) 0.698
47 FORMULA 2 SHARING RATIO (1.000 - ENT 46, MIN 0, MAX .900) 0.302
48 CWR * 0.390 (ENT 43 * 0.390) 0.425
49 FORMULA 3 SHARING RATIO (0.800 - ENT 48, MIN 0, MAX .900) 0.375
50 CWR * 0.220 (ENT 43 * 0.220) 0.240
51 FORMULA 4 SHARING RATIO (0.510 - ENT 50, MIN 0, MAX .900) 0.270
52 SELECTED SHARING RATIO
(HIGHEST OF ENTS 45, 47, 49 OR 51, MIN 0, MAX .900) 0.375
PART V: REQUIRED SETASIDE FOR ATTENDANCE IMPROVEMENT/DROPOUT
____________________________________________________________
PREVENTION (NEW YORK CITY ONLY)
_______________________________
53 REQUIRED SET-ASIDE FOR AI/DP (2007-08 SET-ASIDE MONIES) 0
(BASED ON DATA ON FILE AS OF 7/1/07, NOT SUBJECT TO CHANGE)
PART VI: CALCULATION OF LEP AID DEDUCT FROM 2007-08 GENERAL AID BASED
_____________________________________________________________________
ON 2006-07 SETASIDE CHECK
_________________________
54 A. 2006-07 SETASIDE (06 GEN ENT 117) 33,712
B. 2006-07 LEP AID EXPENDITURES REPORTED TO BILINGUAL
OFFICE 33,712
C. 2007-08 LEP AID DEDUCT AFTER 2006-07 EXPENDITURE
CHECK
(IF 54A LESS THAN OR EQUAL TO 54B THEN 0 ELSE 54A-54B) 0
PART VII: CALCULATION OF DEDUCT FOR LOCAL SHARE OF EDUCATIONAL
______________________________________________________________
COSTS FOR CERTAIN STUDENTS
__________________________
55 BASIC CONTRIBUTION (PRI, ENT 5) 14,385.72
THE FOLLOWING CHILDREN ARE FROM THE STAC FILE:
56 FTE - BLIND/DEAF - STATE SUPPORTED SCHS 1.000
57 FTE - CHAPTER 47, LAWS OF 1977 0.000
58 FTE - CHAPTER 66, LAWS OF 1978 0.000
59 FTE - CHAPTER 721, LAWS OF 1979 + CRP 1.000
60 FTE - CHAPTER 563, LAWS OF 1980 0.000
61 FTE - CHAPTER 947, LAWS OF 1981(OMH) 0.000
62 FTE - CHAPTER 947, LAWS OF 1991(DSS) 0.000
63 FTE - INCARCERATED YOUTH * 1.2 0.199
64 FTE - HOMELESS YOUTH 0.000
65 TOTAL PUPILS (SUM OF ENTRIES 56 THROUGH 64) 2.19
66 LOCAL SHARE OF CERTAIN RES PUPIL COSTS
(ENT 55 * ENT 65, RND) 31,505
PART VIII: CALCULATION OF INCENTIVE OPERATING AID FOR REORGANIZED
_________________________________________________________________
DISTRICTS
_________
67 2006-07 SELECTED OPERATING AID (FROZEN FEB 15, 2007) 10,286,320
68 2005-06 APPROVED OPERATING EXPENSE (2006-07 AOE, ENT 52) 92,879,400
69 AID LIMIT (.95 * ENT 68) 88,235,430
70 2007-08 INCENTIVE OPERATING PERCENT 0.0000
71 UNLIMITED INCENTIVE AID (ENT 67 * ENT 70) 0
72 AID PLUS UNLIMITED INCENTIVE (ENT 67 + ENT 71) 0
73 LOSS DUE TO LIMIT (ENT 72 - ENT 69, MIN 0) 0
74 2007-08 INCENTIVE OPERATING AID
(ENT 71 - ENT 73, MIN 0, RND) 0
BEGINNING IN 2007-08, PURSUANT TO THE LAWS OF 2007, ONLY DISTRICTS
THAT REORGANIZE AFTER 7/1/07 QUALIFY FOR INCENTIVE OPERATING AID.
PART IX: CALCULATION OF SPECIAL SERVICES AID FOR LARGE CITY
_____________________________________________________________
SCHOOL DISTRICTS AND NONCOMPONENTS OF BOCES IN 2006-07
______________________________________________________
75 CAREER EDUCATION ATTENDANCE (ATT, ENT 115) 0.00
76 COMBINED WEALTH RATIO * .590 (ENT 43 * .590) 0.000
77 CAREER ED AID RATIO (GTR (1.000 - ENT 76) OR .360) 0.000
78 AID PER PUPIL UNIT (ENT 77 * $3,900) 0
79 2007-08 CAREER EDUCATION AID (ENT 75 * ENT 78, RND) 0
80 2006-07 CAREER EDUCATION AID 0
81 2007-08 CAREER EDUCATION AID EXPENSE (FORM F 158) 0
82 2006-07 CAREER EDUCATION LOCAL SHARE
(ENT 81 - ENT 80, MIN 0) 0
83 2005-06 CAREER EDUCATION LOCAL SHARE(2006-07 GEN ENT 195) 0
84 2006-07 CAREER EDUCATION PER PUPIL EXPENSE
(ENT 81 / ATT ENT 115) 0
85 2005-06 CAREER EDUCATION PER PUPIL EXPENSE
(2006 FORM F 158 / 2006 ATT ENT 115) 0
86 CAREER EDUCATION PER PUPIL EXPENSE MAINTENANCE OF EFFORT
WAIVER INDICATOR (IF ENT 84 > ENT 85 THEN = 0, ELSE = 1) 0
87 CAREER EDUCATION MAINTENANCE OF EFFORT AMOUNT
(IF ENT 82 >= ENT 83 THEN 0 ELSE ENT 83 - ENT 82) 0
88 CAREER EDUCATION MAINTENANCE OF EFFORT DEDUCT
(ENT 86 * ENT 87) 0
89 2006 K-12 PUBLIC SCHOOL ENROLLMENT (INCL CHARTER) 6,372
90 K-12 ENROLLMENT * $62.30 (ENT 89 * $62.30) 0
91 APPROVED 2006-07 EXPS FOR DATA PROC (FRM_F, ENT 157) 0
92 LESSER OF ENT 90 OR ENT 91 0
93 COMBINED WEALTH RATIO * .510 (ENT 43 * .510) 0.000
94 COMPUTER EXPS AID RATIO (GTR (1.000 - ENT 93) OR .300) 0.000
95 2007-08 AID FOR COMPUTER EXPENSES (ENT 92 * ENT 94,RND) 0
PART X: CALCULATION OF URBAN SUBURBAN TRANSFER AID
__________________________________________________
96 TRANSFER PUPILS RECEIVED (SCH C, ENT 16) 0
97 07-08 FOUNDATION AID (FA ENT 15) 21,870,567
98 07-08 FOUNDATION AID BASE (FA ENT 6) 21,233,561
99 INCREASE IN AID (0.365 * (ENT 97 - ENT 98, MIN 0) 232,507
100 AID PAID PER PUPIL (ENT 97 / SEL 0708 TAFPU) 2,862.63
101 FORMULA PUPIL MARGIN (ENT 99 / ENT 100) 81
102 EXCESS TRANSFER PUPILS (ENT 96 - ENT 101, MIN 0) 0
103 AID PAYABLE PURSUANT TO 3602 15C, PARA C
(SEL FOUNDATION AID * ENT 102) 0
104 AID PAYABLE PURSUANT TO 3602 15E, PARA E (SCH C, COL G) 0
105 2007-08 TOT URBAN-SUBURB TRANSFER AID
(ENT 103 + ENT 104, RND) 0
PART XI: CALCULATION OF FULL DAY K CONVERSION AID
_________________________________________________
(PAYABLE JUNE 2008 OR SEPT 2008)
________________________________
106 INCREASE IN FULL DAY K ENROLLMENT ELIGIBLE FOR
CONVERSION AID (ATT, ENT 158) 0
107 2007-08 FULL DAY K CONVERSION AID
(ENT 106 * SEL 0708 FOUNDATION) 0
PART XIII: CALCULATION OF HIGH TAX AID
______________________________________
TIER 1 HIGH TAX AID
108 AVERAGE TAX EFFORT RATIO OF COUNTY INDICATOR
IF > 4.2%* 1 = YES (SA0708) 0
109 2006 PUBLIC SCHOOL ENROLLMENT (SA0708) 6,371
110 2007-08 FORMULA HIGH TAX AID($147.29 * ENT 104 * ENT 105) 0
111 2007-08 HIGH TAX AID (GREATER ENT 106 OR $100,000) 0
* AVERAGE TAX EFFORT RATIO OF COUNTY EQUALS TOTAL COUNTYWIDE 2004
RESIDENTIAL TAX LEVY DIVIDED BY THE TOTAL COUNTYWIDE 2004 ADJUSTED
GROSS INCOME.
TIER 2 HIGH TAX AID
112 REGIONAL COST INDEX (SA0708) 1.314
113 AVERAGE TAX EFFORT RATIO OF DISTRICT INDICATOR
IF > 4.0% BUT < 4.2% & RCI > 1.3 1 = YES (SA0708) 0
114 2007-08 TIER 2 ($30.00 * ENT 113 * ENT 109) 0
115 2007-08 HGH TAX AID: TIER 1 + TIER 2 (ENT 111 + ENT 114) 191,130
PART IX: CALCULATED EXCESS COST AID SUMMARY - PAYABLE UNDER 3609-B
__________________________________________________________________
116 07-08 PUBLIC EXCESS COST AID SET-ASIDE (PUB ENT 33) 4,806,730
117 0708 PUBLIC HIGH COST EXCESS COST AID (PUB ENT 16) 1,551,329
118 0708 SUPPLEMENTAL PUBLIC EXCESS COST AID (PUB ENT 30) 313,979
119 0708 PRIVATE EXCESS COST AID (PRI ENT 13) 475,498
120 TOTAL EXCESS COST AIDS (ENTS 116 + 117 + 118 + 119) 7,147,536
121 TOTAL EXCESS COST AID AS SHOWN ON COMPUTER RUN SA0708 7,273,610
122 AIDS USED FOR EXCESS COST AIDS THRU AUGUST 2008
(LESSER OF ENT 120 OR ENT 121) 7,147,536
123 BALANCE DUE SEPTEMBER 2008 FOR EXCESS COST AIDS
(ENT 120 - ENT 122, MIN 0) 0
PART X: ADDITIONAL CALCULATED AIDS
___________________________________
124 0708 TEXTBOOK AID (IMA ENT 8) 408,741
125 0708 COMPUTER SOFTWARE AID (IMA ENT 15) 47,584
126 0708 LIBRARY MATERIALS AID (IMA ENT 18) 43,656
127 0708 COMPUTER HARDWARE AND TECHNOLOGY AID (IMA ENT 29) 60,685
128 0708 UNIVERSAL PRE-KINDERGARTEN GRANT [NOT YET AVAILABLE]
129 0708 BOCES AID 1,739,283
130 TOTAL 0708 STATE AID (ENTS 26 + 120 + (124 THRU 129)) 34,367,513
NYSED HOME PAGE | STATE AID HOME PAGE | DISTRICT HOME PAGE