Bill A8033-2011

Relates to the computation of total aidable foundation pupil units

Relates to the computation of total aidable foundation pupil units.

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  • Jan 4, 2012: referred to education
  • May 27, 2011: referred to education

Text

STATE OF NEW YORK ________________________________________________________________________ 8033 2011-2012 Regular Sessions IN ASSEMBLY May 27, 2011 ___________
Introduced by M. of A. RUSSELL -- read once and referred to the Commit- tee on Education AN ACT to amend the education law, in relation to foundation aid THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph g of subdivision 2 of section 3602 of the educa- tion law, as amended by section 12 of part B of chapter 57 of the laws of 2008, is amended to read as follows: g. Computation of total aidable foundation pupil units. Total aidable foundation pupil units shall be the sum of (1) the district's average daily membership computed pursuant to this section for the year prior to the base year multiplied by the enrollment index computed pursuant to this section for the base year plus (2) the product of the average daily membership of summer session pupils and twelve percent plus (3) the year prior to the base year weighted foundation pupils with disabilities. For the purposes of computing total foundation aid a district may use either total aidable foundation pupil units for the current aid year or the average of total foundation aidable pupil units for the current aid year and [the] A prior aid year UP TO TEN YEARS PRIOR, using current aid year definitions of total aidable foundation pupil units for both years. S 2. Subparagraph 4 of paragraph a of subdivision 4 of section 3602 of the education law, as amended by section 26 of part A of chapter 58 of the laws of 2011, is amended to read as follows: (4) The expected minimum local contribution shall equal the lesser of (i) the product of (A) the quotient arrived at when the selected actual valuation is divided by total wealth foundation pupil units, multiplied by (B) the product of the local tax factor, multiplied by the income wealth index, or (ii) the product of (A) the product of the foundation amount, the regional cost index, and the pupil need index, multiplied by (B) the positive difference, if any, of one minus the state sharing ratio for total foundation aid. The local tax factor shall be estab-
lished by May first of each year by determining the product, computed to four decimal places without rounding, of ninety percent multiplied by the quotient of the sum of the statewide average tax rate as computed by the commissioner for the current year in accordance with the provisions of paragraph e of subdivision one of section thirty-six hundred nine-e of this part plus the statewide average tax rate computed by the commis- sioner for the base year in accordance with such provisions plus the statewide average tax rate computed by the commissioner for the year prior to the base year in accordance with such provisions, divided by three, provided however that for the two thousand seven--two thousand eight school year, such local tax factor shall be sixteen thousandths (0.016), and provided further that for the two thousand eight--two thou- sand nine school year, such local tax factor shall be one hundred fifty-four ten thousandths (0.0154). The income wealth index shall be calculated pursuant to paragraph d of subdivision three of this section, provided, however, that for the purposes of computing the expected mini- mum local contribution the income wealth index [shall not be less than sixty-five percent (0.65)] and shall not be more than two hundred percent (2.0) and provided however that such income wealth index shall not be more than ninety-five percent (0.95) for the two thousand eight- -two thousand nine school year. The selected actual valuation shall be calculated pursuant to paragraph c of subdivision one of this section. Total wealth foundation pupil units shall be calculated pursuant to paragraph h of subdivision two of this section. S 3. This act shall take effect immediately, provided, however, that the amendments to subparagraph (4) of paragraph a of subdivision 4 of section 3602 of the education law made by section two of this act shall take effect on the same date and in the same manner as section 26 of part A of chapter 58 of the laws of 2011 takes effect.

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