Bill Text: NY A01559 | 2015-2016 | General Assembly | Introduced
Bill Title: Relates to foundation aid and the minimum local contribution thereto.
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2016-01-06 - referred to education [A01559 Detail]
Download: New_York-2015-A01559-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 1559 2015-2016 Regular Sessions I N A S S E M B L Y January 12, 2015 ___________ Introduced by M. of A. GUNTHER, COOK, CLARK, STECK, CROUCH, HAWLEY, BUTLER, GOODELL -- Multi-Sponsored by -- M. of A. BARCLAY, CAMARA, RIVERA -- read once and referred to the Committee on Education AN ACT to amend the education law, in relation to foundation aid and the minimum local contribution thereto THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Subparagraph 1 of paragraph h of subdivision 2 of section 2 3602 of the education law, as added by section 13 of part B of chapter 3 57 of the laws of 2007, is amended to read as follows: 4 (1) Total wealth foundation pupil units shall mean the sum of (i) 5 average daily membership for the year UP TO FIVE YEARS prior to the base 6 year, WHICHEVER IS HIGHEST, as computed in this section, plus (ii) the 7 full-time equivalent enrollment of resident pupils attending public 8 school elsewhere, less the full-time equivalent enrollment of nonresi- 9 dent pupils, plus (iii) the full-time equivalent enrollment of resident 10 pupils attending full-time in board of cooperative educational services 11 (not otherwise specifically included). Native American pupils of a 12 reservation attending public school, or pupils living on the United 13 States military reservation at West Point attending public school, shall 14 be deemed to be resident pupils of the district providing such school, 15 for purposes of this paragraph. Where a school district has entered into 16 a contract with state university pursuant to subdivision two of section 17 three hundred fifty-five of this chapter under which the school district 18 makes payment in the nature of tuition for the education of certain 19 children residing in the district, such children for whom such tuition 20 payments are made shall be deemed to be resident pupils of such district 21 for the purposes of this paragraph. 22 S 2. Subparagraph 4 of paragraph a of subdivision 4 of section 3602 of 23 the education law, as amended by section 3 of part A of chapter 56 of 24 the laws of 2014, is amended to read as follows: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04275-01-5 A. 1559 2 1 (4) The expected minimum local contribution shall equal the lesser of 2 (i) the product of (A) the quotient arrived at when the selected actual 3 valuation is divided by total wealth foundation pupil units, multiplied 4 by (B) the product of the local tax factor, multiplied by the income 5 wealth index, or (ii) the product of (A) the product of the foundation 6 amount, the regional cost index, and the pupil need index, multiplied by 7 (B) the positive difference, if any, of one minus the state sharing 8 ratio for total foundation aid. The local tax factor shall be estab- 9 lished by May first of each year by determining the product, computed to 10 four decimal places without rounding, of ninety percent multiplied by 11 the quotient of the sum of the statewide average tax rate as computed by 12 the commissioner for the current year in accordance with the provisions 13 of paragraph e of subdivision one of section thirty-six hundred nine-e 14 of this part plus the statewide average tax rate computed by the commis- 15 sioner for the base year in accordance with such provisions plus the 16 statewide average tax rate computed by the commissioner for the year 17 prior to the base year in accordance with such provisions, divided by 18 three, provided however that for the two thousand seven--two thousand 19 eight school year, such local tax factor shall be sixteen thousandths 20 (0.016), and provided further that for the two thousand eight--two thou- 21 sand nine school year, such local tax factor shall be one hundred 22 fifty-four ten thousandths (0.0154). The income wealth index shall be 23 calculated pursuant to paragraph d of subdivision three of this section, 24 provided, however, that for the purposes of computing the expected mini- 25 mum local contribution the income wealth index shall not be less than 26 [sixty-five] FORTY percent [(0.65)] (.4) and shall not be more than two 27 hundred percent (2.0) and provided however that such income wealth index 28 shall not be more than [ninety-five] ONE HUNDRED TWENTY-FIVE percent 29 [(0.95)] (1.25) for the two thousand eight--two thousand nine school 30 year, and provided further that such income wealth index shall not be 31 less than zero for the two thousand thirteen--two thousand fourteen 32 school year. The selected actual valuation shall be calculated pursuant 33 to paragraph c of subdivision one of this section. Total wealth founda- 34 tion pupil units shall be calculated pursuant to paragraph h of subdivi- 35 sion two of this section. 36 S 3. This act shall take effect immediately.