Relates to Tier 1 high tax aid apportionment and foundation aid.
STATE OF NEW YORK ________________________________________________________________________ 2554 2011-2012 Regular Sessions IN ASSEMBLY January 19, 2011 ___________Introduced by M. of A. PRETLOW, GALEF, LATIMER, PAULIN, SPANO -- read once and referred to the Committee on Education AN ACT to amend the education law, in relation to Tier 1 high tax aid apportionment and foundation aid THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraph 2 of paragraph a of subdivision 4 of section 3602 of the education law, as amended by section 14 of part B of chapter 57 of the laws of 2008, is amended to read as follows: (2) The regional cost index shall reflect an analysis of labor market costs based on median salaries in professional occupations that require similar credentials to those of positions in the education field, but not including those occupations in the education field, provided that the regional cost indices for the
[two thousand seven--two thousand eight]TWO THOUSAND ELEVEN--TWO THOUSAND TWELVE school year and there- after shall be as follows: Labor Force Region Index Capital District 1.124 Southern Tier 1.045 Western New York 1.091 Hudson Valley 1.314 (EXCLUDING WESTCHESTER) WESTCHESTER 1.425 Long Island/NYC 1.425 Finger Lakes 1.141 Central New York 1.103 Mohawk Valley 1.000 North Country 1.000 S 2. Paragraph b of subdivision 16 of section 3602 of the education law, as amended by section 18 of part B of chapter 57 of the laws of 2008, is amended to read as follows:EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02789-01-1 A. 2554 2
b. Tier 1 high tax aid apportionment. For any tier 1 eligible school district, the tier 1 high tax aid apportionment shall be the greater of (1) the product of the public school district enrollment of the district in the base year, as computed pursuant to subparagraph two of paragraph n of subdivision one of this section, multiplied by the product of four hundred fifty dollars multiplied by the state sharing ratio, or (2) one hundred thousand dollars. IN NO EVENT SHALL A DISTRICT RECEIVE LESS THAN THE AMOUNT TO WHICH IT WAS ENTITLED PURSUANT TO THIS PARAGRAPH. S 3. This act shall take effect immediately.