DISTRICT CODE:  030101                                     STATE AID    2008-09        
DISTRICT NAME:  CHENANGO FORKS                             DATE:  NOV  29, 2008        
                                                           EDITION NO.      290        
DISTRICT LAST UPDATED ON 11/26/08                                                      
NOTE: DATA DISPLAYED IS TENTATIVE PENDING AUDIT                                        
                                                                                       
PUBLIC EXCESS HIGH COST AID AND SUPPLEMENTAL PUBLIC EXCESS COST AID AND                
2008-09 PUBLIC EXCESS COST AID SETASIDE (PUB)                                          
                                                                                       
PART I: CALCULATION OF HIGH COST PUBLIC EXCESS COST AID                                
_______________________________________________________                                
                                                                                       
     1. 2006-07 APPROVED OPERATING EXPENSE                                             
                                         (2007-08 AOE, ENT 52)      19,001,134         
     2. 2006-07 TOTAL AIDABLE PUPIL UNITS FOR EXPENSE                                  
                                        (2007-08 ATT, ENT 134)           2,208         
     3. 2006-07 AOE PER TAPU                   (ENT 1 / ENT 2)           8,605         
     4. PUBLIC EXCESS COST AID RATIO                                                   
                 (LARGER OF [1.000 LESS (.510 * CWR) OR .250])           0.766         
     5. DEDUCTION = 3 * AOE/TAPU                   (ENT 3 * 3)          25,815         
     6. ELIGIBILITY LEVEL = LESSER OF $10,000 OR 4 * AOE/TAPU                          
                            [LESSER OF $10,000 OR (4 * ENT 3)]          10,000         
     7. AIDIABLE HIGH COST                                             734,366         
     8. HIGH COST APPORTIONMENT                (ENT 7 * ENT 4)         562,525         
                                                                                       
PART II:CALCULATION OF SUPPLEMENTAL PUBLIC EXCESS COST AID                             
__________________________________________________________                             
                                                                                       
     9. 2007-08 SUPPLEMENTAL PUBLIC EXCESS COST AID                    315,021         
    10. 2008-09 SUPPLEMENTAL PUBLIC EXCESS COST AID                                    
                                                (ENT 9 * 0.15)          47,253         
                                                                                       
PART III: PUBLIC EXCESS COST AID SETASIDE                                              
_________________________________________                                              
                                                                                       
    11. 2006-07 PUBLIC EXCESS COST LESS 2006-07 PUBLIC HIGH                            
        COST EXCESS COST AID                                                           
                  (0607 PUB ENT 24 - 0607 PUB ENT 16) (SA0708)       1,951,529         
    12. INCREASE IN CPI BETWEEN CURRENT YEAR AND 2006-07 + 1             1.062         
    13. PUBLIC EXCESS COST SETASIDE (ENT 11 * ENT 12) (SA0809)       2,072,523         
                                                                                       

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