## 2014-15 Executive Budget Proposal

##

Preliminary Estimate
of 2013-14 and 2014-15 State Aids

Payable under Section 3609 plus Other Aids

COMBINED AIDS

## 2013-14 Base Year Aids:

For 2013-14 Aid, the Actual Valuation (AV) of taxable real property for purposes of determining a district's property wealth per pupil is defined as the 2010 AV. For aid other than Foundation Aid, the State average of the 2010 AV per 2011-12 Total Wealth Pupil Unit (TWPU) is $561,400. Income wealth is based on 2010 Adjusted Gross Income of residents of the district, as reported on tax returns and including the results of the statewide computerized income verification process, divided by the TWPU of the district. This is compared to the State average of $169,300. The AV and Income Wealth ratios are used equally to compute the district's Combined Wealth Ratio (CWR). Some formulas use the Resident Weighted Average Daily Attendance (RWADA) wealth ratio; the State average 2010 AV per 2011-12 RWADA is $677,300. Transportation Aid uses the Enrollment (Resident Public and Nonpublic Enrollment) wealth ratio; the State average is $609,100. For Foundation Aid, Selected AV is the lesser of 2010 AV or the average of 2010 AV and 2009 AV.

Foundation Aid: The 2013-14 Foundation Aid is the sum of the 2012-13 Foundation Aid Base (FAB) plus a Phase-in Foundation Increase; it is at least a 0.3 percent (1.176 percent for districts with public enrollment greater than 20,000) increase over 2012-13 Foundation Aid and cannot exceed a 15 percent increase over 2012-13 Foundation Aid. The 2013-14 Phase-in Foundation Increase is a percentage (5.23 percent for districts with public enrollment greater than 50,000 or 0 for all other districts) of the positive difference of (1) the product of: Selected Total Aidable Foundation Pupil Units (TAFPU) multiplied by Selected Foundation Aid, minus (2) the 2012-13 FAB. Selected Foundation Aid is the greater of $500 or Formula Foundation Aid or Alternate Foundation Aid. Formula Foundation Aid is the positive result of (a) the district-adjusted foundation amount which is the basic foundation amount for 2012-13 ($5,926) multiplied by the consumer price index (1.021) multiplied by a phase-in foundation percent (1.0768) multiplied by a Regional Cost Index (RCI) multiplied by a Pupil Need Index (PNI) less (b) an expected minimum local contribution. Alternate Foundation Aid is the result of the State Sharing Ratio (SSR) for Foundation Aid multiplied by the district-adjusted foundation amount. The Selected TAFPU is based on Average Daily Membership (ADM) including dual enrollment plus additional weightings for: students with disabilities (including dual enrolled SWD) at 1.41, summer school at 0.12 and declassification pupils at 0.50. The PNI is 1 plus the Extraordinary Needs percent (based on economic disadvantage, Limited English Proficiency and sparsity) and ranges between 1 and 2. The expected minimum local contribution is the product of Selected Actual Value per 2011-12 Total Wealth Foundation Pupil Units (TWFPU) and 0.0137 multiplied by an Income Wealth Index (which ranges from 0.0 to 2.0). TWFPU is based on ADM and eliminates additional weightings. The SSR for Foundation Aid is the highest of the following formulas. For high need/resource-capacity districts, the SSR is multiplied by 1.05. It is not less than zero nor more than 0.90:

(1) Ratio =
1.37- (1.23 * CWR);

(2) Ratio = 1.00 - (0.64 * CWR);

(3) Ratio = 0.80 - (0.39 * CWR);

(4) Ratio = 0.51 - (0.173 * CWR).

The Combined Wealth Ratio (CWR) for Foundation Aid is calculated as: (A) .5 multiplied by the district Selected Actual Valuation/2011-12 TWPU compared to the State average of $560,600; plus, (B) .5 multiplied by the district Selected Income/2011-12 TWPU compared to the State average of $164,000. For Foundation Aid, Selected AV is the lesser of 2010 AV or the average of 2010 AV and 2009 AV. Selected Income is the lesser of 2009 Income or the average of 2010 and 2009 Income.

Full Day K Conversion: Full Day Kindergarten Conversion Aid is provided to eligible districts based on Selected Foundation Aid per Selected TAFPU multiplied by the increase in full day kindergarten enrollment in the current year over the prior year. School officials must offer full day programs to all kindergarten students in order to qualify for this aid.

Universal Prekindergarten: A district will receive aid for 2013-14 as calculated by the State Education Department. Amount shown is the maximum allocation.

BOCES: The 2013-14 BOCES Aid claimed for administrative, shared services, rent and capital expenses plus any Due Save-harmless Aid.

Special Services: Special Services Aid is the sum of Career Education Aid, Academic Improvement Aid and Computer Administration Aid claimed in 2013-14 by non-components of BOCES including the Big 5 City school districts.

High Cost Excess Cost: The 2013-14 Public Excess Cost High Cost Aid, based on expenses in excess of the lesser of $10,000 or four times district 2011-12 Approved Operating Expense/TAPU for Expense, claimed for students with disabilities attending public schools or BOCES.

Private Excess Cost: The 2013-14 Private Excess Cost Aid claimed for public school students attending private schools for students with disabilities for whom the district pays tuition.

Hardware & Technology: The Instructional Computer Hardware and Technology Equipment Aid that can be claimed by the district in 2013-14 for instructional computer hardware expenses (acquisition and limited repair expenses) is equal to the lesser of 2012-13 expenses or $24.20 multiplied by the enrollment for Software Aid (see below) multiplied by the 2013-14 Hardware Aid Ratio (1 - .51 * RWADA wealth ratio). Some districts may receive no aid.

Software, Library, Textbook: Software Aid is the lesser of approved 2012-13 expenditures or $14.98 multiplied by the combined 2012-13 public plus nonpublic school enrollment for pupils attending school in the district plus district pupils attending full time BOCES and private school programs for students with disabilities plus pupils attending the State operated schools at Rome and Batavia and resident pupils placed in Special Act school districts. Library Materials Aid is the lesser of approved 2012-13 expenditures or $6.25 multiplied by the pupil count for Software Aid. Textbook Aid, including Lottery Aid for textbook purchases, is the lesser of approved 2012-13 expenditures or $58.25 multiplied by the 2012-13 enrollment of resident public plus resident nonpublic pupils plus resident pupils with disabilities attending approved private schools or the State operated schools at Rome and Batavia and resident pupils placed in Special Act school districts. Charter school enrollments are included in the pupil counts.

Transportation incl. Summer: The 2012-13 approved non-capital transportation expense multiplied by the selected transportation aid ratio with a .9 maximum and a .065 minimum. Aid on capital expenses is computed as above but based on the assumed amortization of the aidable purchase, lease or equipment expenses over five years, at a statewide average interest rate. Included is aid for unconfirmed transportation expenses claimed by districts but not yet attributable to approved contracts. Transportation Aid for district operated summer school programs is prorated to total no more than $5.0 million statewide.

Operating Reorg. Incentive: Reorganization Incentive Operating Aid is up to 40 percent of 2006-07 Formula Operating Aid for districts reorganized after July 1, 2007. The sum of 2006-07 Formula Operating Aid and Incentive Operating Aid is limited to 95 percent of 2011-12 Approved Operating Expense.

Charter School Transitional: For districts whose charter school enrollment exceeds 2 percent of resident public school enrollment or whose charter school payments exceed 2 percent of TGFE, transitional aid is provided for 2013-14. A district's aid will equal the sum of Tier 1, 2 and 3 aids. Tier 1 Aid equals the product of 80 percent of the 2012-13 charter school basic tuition, multiplied by the increase in the number of resident pupils enrolled in a charter school between the 2011-12 and 2012-13 school years. Tier 2 Aid equals the product of 60 percent of the 2012-13 charter school basic tuition, multiplied by the increase in the number of resident pupils enrolled in a charter school between the 2010-11 and 2011-12 school years. Tier 3 Aid equals the product of 40 percent of the 2012-13 charter school basic tuition, multiplied by the increase in the number of resident pupils enrolled in a charter school between the 2009-10 and 2010-11 school years.

Academic Enhancement: For the 2013-14 school year Academic Enhancement Aid is the same as the 2008-09 amount set forth in the computer run for the 2009-10 enacted budget. This amount also includes $17.5 million for supplemental educational improvement plan programs in the Yonkers City School District and up to $1,200,000 for the New York City School District for academic achievement programs.

High Tax Aid: For the 2013-14 school year, High Tax Aid is the greater of the 2012-13 High Tax Aid or the 2013-14 High Tax Aid as computed for the 2013-14 Executive Budget Proposal on computer run BT1314.

Supplemental Pub Excess Cost: For the 2013-14 school year Supplemental Public Excess Cost Aid is the same as the 2008-09 Supplemental Public Excess Cost Aid amount set forth in the computer run for the 2009-10 enacted budget.

Gap Elimination Adjustment: The Gap Elimination Adjustment (GEA) for the 2013-14 school year is: I. the amount set forth in the computer run for the 2011-12 enacted budget; reduced by II. the 2012-13 GEA Adjustment as set forth in the computer run for the 2012-13 enacted budget; and further reduced by III. the 2013-14 GEA Adjustment as set forth in the computer run for the 2013-14 enacted budget.I. The 2011-12 GEA. A Reduction Amount is calculated as the lesser of A or B however, for districts with high need relative to fiscal capacity, as defined by the State Education Department, the reduction will not exceed -6.8 percent of estimated 2010-11 total general fund expense and for districts with high need, and an Administrative Efficiency Ratio (see below) less than 1.55 percent and a three-year K-6 free and reduced price lunch percentage greater than 75 percent, then the reduction will not exceed -4.09 percent of estimated 2010-11 TGFE. For other districts, the reduction will not exceed -11 percent of estimated 2010-11 TGFE.

- The sum of a) the product of -6.40 percent multiplied by a district’s 2011-12 Formula Aid (as computed for BT1112 without Building and Building Reorganization Incentive Aids and Universal Pre-kindergarten) plus b) the result of -$4,400.00 multiplied by 1.0 minus a district’s three-year K-6 free and reduced price lunch percentage for Foundation Aid with the result multiplied by a district’s Combined Wealth Ratio for Foundation Aid multiplied by estimated 2010-11 Public Enrollment.

The minimum reduction is -9.5 percent multiplied by a district’s 2011-12 Formula Aid (as computed for BT1112 without Building and Building Reorganization Incentive Aids and Universal Pre-kindergarten). The maximum reduction is -21.4 percent of selected aids.or

For districts with a Tax Effort Ratio (a district’s residential levy divided by district income) greater than 4.0 percent and a Combined Wealth Ratio for Foundation Aid less than 1.5:

The result of -23 percent divided by the quotient of the district’s Tax Effort Ratio divided by 4.247 percent, but not less than -13 percent, multiplied by 2011-12 Formula Aid (as computed for BT1112 without Building and Building Reorganization Incentive Aids and Universal Pre-kindergarten). The maximum reduction is -23 percent; the minimum reduction is -13 percent.An Administrative Efficiency Restoration offsets a portion of the Reduction Amount. If a district, other than a Big 5 City School district, has an Administrative Efficiency Ratio (ratio of 2008-09 board of education and central administration expenses to total expenditures) of less than 1.80 percent and the administrative expenses per pupil are less than $348.00, the Administrative Efficiency Aid is the product of $75.00 multiplied by the State Sharing Ratio for Foundation Aid (but with a minimum of .10), multiplied by the Selected TAFPU.

The Needs-based Restoration offsets a portion of the Reduction Amount. If a district, other than a Big 5 City School district, is high need, the award is $61.00 multiplied by the estimated 2010-11 Public Enrollment. If a district is average need, the award is $54.00 multiplied by the enrollment. In addition, if the district’s estimated 2010-11 Limited English Proficient count exceeds 13 percent of estimated 2010-11 Public Enrollment, the award is 0.0075 (0.75 percent) multiplied by the 2011-12 Formula Aid (as computed for BT1112 without Building and Building Reorganization Incentive Aids and Universal Pre-kindergarten).

A Low Wealth - High Tax Effort Restoration offsets a portion of the Reduction Amount. If a district’s Combined Wealth Ratio for Foundation Aid is less than 0.7 and the Tax Effort Ratio is greater than 6.0 percent, the award is $100.00 multiplied by the estimated 2010-11 Public Enrollment.

An Enrollment Adjustment Restoration offsets a portion of the Reduction Amount. If a district’s increase in public enrollment from 2009-10 to 2010-11 is equal to or greater than 45 and the Combined Wealth Ratio for Foundation Aid is less than 3.0 and either the enrollment increase is greater than 1 percent or the Combined Wealth Ratio for Foundation Aid is less than 2.0, then the award is $500 multiplied by the increase in enrollment.II. The 2012-13 GEA Adjustment is the sum of (1) the greater of A, B, C, D or E, below but not more than 25 percent of the 2011-12 GEA amount, plus (2) LEP Aid:

The product of an extraordinary needs index (i.e., extraordinary needs percent divided by 48 percent) and $223.80, with the result multiplied by the State Sharing Ratio, multiplied by the 2011-12 public school enrollment; or,

For any district with a GEA/TGFE ratio (i.e., positive value of the district’s 2011-12 GEA divided by its 2011-12 Total General Fund Expense, divided by the State average of .0479) greater than 1, the product of the GEA/TGFE ratio and $90, with the result multiplied by the State Sharing Ratio, multiplied by the 2011-12 public school enrollment; or,

The product of 2.956 percent of the positive value of the 2011-12 GEA; or,

The product of $473.70 multiplied by an Aid Ratio (1.37 – (1.50 * Combined Wealth Ratio), .0 minimum and 1.0 maximum), multiplied by the 2011-12 public school enrollment; or,

For any district with a Tax Effort Ratio (i.e., 2009 residential levy with condominiums divided by 2009 Adjusted Gross Income) greater than 4.4 percent and a CWR less than 1.5, the result of $309.30 multiplied by the State Sharing Ratio, multiplied by the 2011-12 public school enrollment.

LEP Aid: For Buffalo, Rochester, Syracuse and Yonkers City school districts, the product of a factor multiplied by 0.11 percent of the 2011-12 total aid. If the LEP percent (i.e., 50 percent of the estimated 2011-12 Limited English Proficient Pupils divided by 2011-12 public school enrollment) is greater than 4 percent but less than 5 percent, the factor is .70. If the LEP percent is greater than 5 percent, the factor is 2.20. If the LEP percent is less than 4 percent, the factor is 1.75.

III. The 2013-14 Gap Elimination Adjustment (GEA) Restoration is the sum of Tiers A through J below but not more than 43 percent of the positive value of the 2012-13 GEA amount, nor less than $100,000:

Tier A. The GEA Restoration as computed for the 2013-14 Executive Budget proposal on computer run BT1314; and,

Tier B. For any high or average need/resource-capacity district (2003 categories) with a Combined Wealth Ratio (CWR) less than 1.7 and 2012-13 public enrollment per square mile less than 170 and a tier 1 amount less than the product of the 2012-13 GEA multiplied by -0.207, the positive result of -20.7 percent of the 2012-13 GEA minus tier A; and,

Tier C. The result of (a) 60 percent of the positive value of the 2012-13 GEA minus (b) the sum of tiers A and B, but not less than 0; and,

Tier D. For any low or average need/resource-capacity district based on the 2003 categories, that is now a high need/resource-capacity district based on the 2008 categories, the product of .35 multiplied by any positive result of (a) the absolute value of the 2011-12 GEA minus (b) the product of 6.8 percent of the 2010-11 Total General Fund Expense; and,

Tier E. For any district with (a) a CWR less than 1.1 and (b) a percent change between the absolute values of the 2011-12 GEA and the 2012-13 GEA of less than 7.5 percent, the result of 2.5 percent of the positive value of the 2012-13 GEA; and,Tier F. For high need/resource-capacity districts (2003 categories) with a GEA/TGFE ratio (i.e., positive value of the district’s 2012-13 GEA divided by its estimated 2012-13 Total General Fund Expense) greater than .0491, the greater of $100,000 or the product of $15 multiplied by the 2012-13 public school enrollment; and,

Tier G. The product of 2012-13 public enrollment multiplied by: $42.02 for New York City; $10 for Buffalo, Rochester and Syracuse; or $8 for Yonkers; and,

Tier H. For any district with 2012-13 public enrollment less than 20,000, the product of the positive result of 1.430 minus the 2006-07 Regional Cost Index, multiplied by 5, multiplied by the 3-year average K-6 FRPL ratio, multiplied by $100, multiplied by 2012-13 public enrollment; and,

Tier I. For any district with a 3-year average K-6 FRPL ratio greater than .60 and a CWR greater than 1.1, the result of $150 multiplied by the 2012-13 public school enrollment; and,

Tier J. For any district with a CWR less than 1.1, the result of $200 multiplied by any increase in public enrollment from 2008-09 to 2012-13.

Subtotal: Sum of the above aids and reduction.

Building + Bldg Reorg Incent: Aidable building expenses are for leases, certain capital outlay exceptions, certain refinancing costs and an assumed debt service payment based on the useful life of the project and an average interest rate. Building Aid equals approved building expenses, multiplied by the greater of the Current AV/RWADA Aid Ratio or the Aid Ratio selected for payment of building aid in the 2012-13 school year. For projects approved on or after July 1, 2000, expenses are multiplied by the higher of the Building Aid Ratio used for 1999-00 aid less .10 or the Current AV/RWADA Aid Ratio or, for eligible projects, the low income aid ratio. For projects approved on or after July 1, 2005 for high need/resource-capacity districts, expenses are multiplied by 0.05 multiplied by the same aid ratio used for projects approved on or after July 1, 2000, however reimbursement is limited to 98 percent, including the incentive of up to 10 percent. Up to 10 percent of additional building aid is provided for projects approved on or after July 1, 1998. Reorganization Incentive Building Aid is 25 percent of Approved Building Aid for qualifying reorganized school districts (or 30 percent for districts reorganized since July 1, 1983). Aid is not provided for those prospective and deferred projects that had not fully met all eligibility requirements as of the November 15, 2012 database.

Total: Sum of Subtotal and the above aids.

## 2014-15 Estimated Aids:

For 2014-15 Aid, the Actual Valuation (AV) of taxable real property for purposes of determining a district's property wealth per pupil is defined as the 2011 AV. For aid other than Foundation Aid, the State average of the 2011 AV per 2012-13 Total Wealth Pupil Unit (TWPU) is $563,900. Income wealth is based on 2011 Adjusted Gross Income of residents of the district, as reported on tax returns and including the results of the statewide computerized income verification process, divided by the TWPU of the district. This is compared to the State average of $175,400. The AV and Income Wealth ratios are used equally to compute the district's Combined Wealth Ratio (CWR). Some formulas use the Resident Weighted Average Daily Attendance (RWADA) wealth ratio; the State average 2011 AV per 2012-13 RWADA is $680,900. Transportation Aid uses the Enrollment (Resident Public and Nonpublic Enrollment) wealth ratio; the State average is $612,900. For Foundation Aid, Selected AV is the lesser of 2011 AV or the average of 2011 AV and 2010 AV.

Foundation Aid: The 2014-15 Foundation Aid is held to the 2013-14 Foundation Aid amount.

Full Day K Conversion: Districts with any half-day kindergarten or no kindergarten programs in 1996-97 and in the base year are eligible for Full Day K Conversion Aid equal to Selected Foundation Aid per Selected TAFPU multiplied by the increase in full day kindergarten enrollment in the current year over the prior year. School districts must offer full day programs to all kindergarten students in order to qualify for this aid. Starting in 2014-15, a district is not eligible if it received Full Day K Conversion Aid in the past.

Universal Prekindergarten: A district will receive the same aid for 2014-15 as was calculated for 2013-14 by the State Education Department. Amount shown is the maximum allocation.

BOCES: BOCES Aid for administrative, shared services, rental and capital expenses plus Aid Due Save-harmless. Approved expense for BOCES Administrative and Shared Services Aids is based on a salary limit of $30,000. Aid is based on approved 2013-14 administrative and service expenses and the higher of the millage ratio or the Current AV/2012-13 RWADA Aid Ratio: (1 – (.51 * RWADA Wealth Ratio)) with a .36 minimum and .90 maximum. Rent and Capital Aids are based on 2014-15 expenses multiplied by the Current AV/RWADA Aid ratio with a .00 minimum and a .90 maximum. Payable Aid is the sum of these aids including save-harmless.

Special Services: Special Services Aid, for non-components of BOCES including the Big 5 City school districts, is the sum of Career Education Aid, Academic Improvement Aid and Computer Administration Aid. Career Education Aid equals the Aid Ratio (1 - (.59 * CWR), with a .36 minimum) multiplied by $3,900 multiplied by the 2013-14 Career Education pupils including the pupils in business and marketing sequences weighted at .16. Academic Improvement Aid equals the Aid Ratio (1 - (.59 * CWR), with a .36 minimum) multiplied by $100 plus $1,000/CWR, minimum of $1,000, multiplied by the 2013-14 Career Education pupils including the pupils in business and marketing sequences weighted at .16. Computer Administration Aid equals the Aid Ratio (1 - (.51 * CWR), with a .30 minimum) multiplied by approved expenses not to exceed the maximum of $62.30 multiplied by the estimated 2013-14 public school enrollment by district of attendance with half-day kindergarten weighted at 1.0.

High Cost Excess Cost: High Cost expenses, for students with disabilities attending public schools or BOCES, must exceed the lesser of $10,000 or four times district 2012-13 Approved Operating Expense/TAPU for Expense. The aid per pupil equals the allowed expense times the Aid Ratio (1 - (.51 * CWR), with a .25 minimum).

Private Excess Cost: Private Excess Cost Aid is for public school students attending private schools for students with disabilities. Net tuition expense is multiplied by the Aid Ratio (1 - (.15 * CWR), with a .5 minimum).

Hardware & Technology: Instructional Computer Hardware and Technology Equipment Aid is equal to the lesser of 2013-14 expenses or the enrollment for Software Aid (see below) multiplied by $24.20 times the Current AV/RWADA Aid Ratio. For the purpose of this estimate, the maximum aid is shown (enrollment for Software Aid multiplied by $24.20 times the Current AV/RWADA Aid Ratio).

Software, Library, Textbook: All three aids use 2013-14 expenditures and pupil counts. The maximum Software Aid equals $14.98 per pupil and the maximum Library Materials Aid equals $6.25 per pupil, each multiplied by the combined 2013-14 public plus nonpublic enrollment for pupils attending school in the district plus district pupils attending full time BOCES and private school programs for students with disabilities plus pupils attending the State operated schools at Rome and Batavia and resident pupils placed in Special Act school districts. Aid cannot exceed approved expenditures. Textbook Aid equals $43.25 per pupil for Regular Textbook Aid plus $15 per pupil for Lottery Textbook Aid multiplied by resident public plus resident nonpublic enrollment plus resident pupils with disabilities attending approved private schools or the State operated schools at Rome and Batavia and resident pupils placed in Special Act school districts. Textbook Aid is not to exceed actual expenditures for purchase of textbooks during 2013-14. Charter school enrollments are included in the pupil counts. For the purpose of these estimates, the maximum aid is shown for Software, Library and Textbook.

Transportation incl Summer: Aid for non-capital expenses is based upon estimated approved transportation operating expense multiplied by the selected transportation aid ratio with a .9 maximum and a .065 minimum. The selected aid ratio is the highest of 1.263 multiplied by the Selected State Sharing Ratio or 1.01 - (.46 * RWADA Wealth Ratio) or 1.01 – (.46 * Enrollment Wealth Ratio), plus a sparsity adjustment. Aid for capital expenses, including district operated summer school, is computed as above, but based on the assumed amortization of purchase, lease and equipment costs over five years, at a statewide average interest rate. Transportation Aid for district operated summer school programs is prorated to total no more than $5.0 million statewide. Aid is provided, based on approved transportation operating expenses and the selected transportation aid ratio, for the transportation of pupils to approved district operated summer programs.

Operating Reorg. Incentive: Reorganization Incentive Operating Aid is up to 40 percent of 2006-07 Formula Operating Aid for districts reorganized after July 1, 2007. The sum of 2006-07 Formula Operating Aid and Incentive Operating Aid is limited to 95 percent of 2012-13 Approved Operating Expense.

Charter School Transitional: For districts whose charter school enrollment exceeds 2 percent of resident public school enrollment or whose charter school payments exceed 2 percent of TGFE, transitional aid is provided for 2014-15. A district's aid will equal the sum of Tier 1, 2 and 3 aids. Tier 1 Aid equals the product of 80 percent of the 2013-14 charter school basic tuition, multiplied by the increase in the number of resident pupils enrolled in a charter school between the 2012-13 and 2013-14 school years. Tier 2 Aid equals the product of 60 percent of the 2013-14 charter school basic tuition, multiplied by the increase in the number of resident pupils enrolled in a charter school between the 2011-12 and 2012-13 school years. Tier 3 Aid equals the product of 40 percent of the 2013-14 charter school basic tuition, multiplied by the increase in the number of resident pupils enrolled in a charter school between the 2010-11 and 2011-12 school years.

Academic Enhancement: For the 2014-15 school year Academic Enhancement Aid is the same as the 2008-09 amount set forth in the computer run for the 2009-10 enacted budget. This amount also includes $17.5 million for supplemental educational improvement plan programs in the Yonkers City School District and up to $1,200,000 for the New York City School District for academic achievement programs.

High Tax Aid: For the 2014-15 school year High Tax Aid is the same as the 2013-14 High Tax Aid amount set forth in the computer run for the 2013-14 enacted budget.

Supplemental Pub Excess Cost: For the 2014-15 school year Supplemental Public Excess Cost Aid is the same as the 2008-09 Supplemental Public Excess Cost Aid amount set forth in the computer run for the 2009-10 enacted budget.

Gap Elimin. Adjmt (SA1314): The amount computed for the 2013-14 Enacted Budget on computer run SA1314.

GEA Restoration: The 2014-15 Gap Elimination Adjustment (GEA) Restoration is the amount restored in the Executive Budget.

The 2014-15 GEA Restoration is the greater of A, B or C, plus D, below but not less than Minimum E nor more than the positive result of 45 percent of the 2013-14 GEA amount:Gap Elimination Adjustment: The Gap Elimination Adjustment (GEA) for the 2014-15 school year is the sum of the 2013-14 GEA reduced by the 2014-15 GEA Restoration.

The product of $272.00 and a district’s extraordinary needs percent, with the result multiplied by the State Sharing Ratio, the Regional Cost Index and the 2013-14 public school enrollment; or,

- The product of $363.50 multiplied by an Aid Ratio (1 – (1.37 * Combined Wealth Ratio), .0 minimum and .9 maximum), multiplied by the 2013-14 public school enrollment; or,

- The product of an adjusted amount multiplied by the 2013-14 public school enrollment. The adjusted amount is the result of $253.50 multiplied by the product of (1) the tax effort ratio indexed to the State average of 3.176 percent and (2) an Aid Ratio (1 – Alternate Pupil Wealth Ratio, with a minimum of 0 and a maximum of .9); plus,

- The product of any increase in public enrollment from 2008-09 to 2013-14 multiplied by $1,815.00, multiplied by the State Sharing Ratio.

- The minimum is the greater of: (1) 2.5 percent of the 2013-14 GEA amount; or, (2) any positive difference of: (a) 22 percent of the 2011-12 Executive Budget GEA, minus (b) any positive result of the 2011-12 Executive Budget GEA minus the 2013-14 GEA.

Subtotal: Sum of the above aids and reduction.

Building + Bldg Reorg Incent: Aidable building expenses are for capital outlay, leases, certain capital outlay exceptions, certain refinancing costs and an assumed debt service payment based on the useful life of the project and an average interest rate. Building Aid is equal to the product of the estimated approved building expenses multiplied by the highest of the 1981-82 through the Current AV/RWADA Aid Ratio. For projects approved on or after July 1, 2000, expenses are multiplied by the higher of the Building Aid Ratio used for 1999-00 aid less .10 or the Current AV/RWADA Aid Ratio or, for eligible projects, the low income aid ratio. For projects approved on or after July 1, 2005 for high need/resource-capacity districts, expenses are multiplied by 0.05 multiplied by the same aid ratio used for projects approved on or after July 1, 2000, however reimbursement is limited to 98 percent, including the incentive of up to 10 percent. Up to 10 percent of additional building aid is provided for projects approved on or after July 1, 1998. For districts that have reorganized, Reorganization Incentive Building Aid is included as in permanent law. Aid is not estimated for those prospective and deferred projects that had not fully met all eligibility requirements as of the November 2013 database. Current statute provides that school districts may receive partial reimbursement for base year expenditures associated with security camera, metal detectors and other security devices. Additionally, with passage of the NY Safe Act, for projects approved by the commissioner on or after July 1, 2013, specified safety system improvements will be eligible for enhanced re-imbursement under the state’s School Building Aid formula (a rate up to 10 percent higher than their current building aid ratio).

Total: Sum of Subtotal and the above aids.

$ Chg Total 14-15 minus 13-14: Difference between the two Totals.

% Chg Total Aid: Difference between the two totals divided by 2013-14 Total Aids, multiplied by 100.

$ Chg w/o Bldg, Reorg Bldg Aid: Difference between the two Subtotal Aids without Building and Building Reorganization Incentive Aids.

% Chg w/o Bldg, Reorg Bldg Aid: $ Change w/o Bldg, Reorg Bldg Aid divided by 2013-14 Subtotal excluding Building and Building Reorganization Incentive Aids, multiplied by 100.

Smart Schools Allocation: The Executive Budget recommends a $2 billion general obligation bond act, to be brought before voters in November 2014. Bond proceeds will fund enhanced education technology in schools, with eligible projects including infrastructure improvements to bring high-speed broadband access to schools, the purchase of interactive smart boards for classrooms and the purchase of tablet computers for students. Additionally, these funds could be used to support construction of new prekindergarten classroom space. Funds will be allocated to each school district and school districts will have to submit a smart schools investment plan for approval by the State.