N.Y. Education Law § 3602-b: Apportionment of moneys to school districts employing fewer than eight teachers

§ 3602-b. Apportionment of moneys to school districts employing fewer

than eight teachers. 1. Notwithstanding any other provision of law, each

school district of the state employing fewer than eight teachers shall

receive its apportionment of public money payable during the school year

commencing July first, nineteen hundred sixty-three and during

subsequent school years pursuant to the provisions of this section. Such

apportionment shall be computed by applying the state sharing ratio of

the district computed in the same manner as provided in section

thirty-six hundred two of this article to the approved operating expense

of the school district for operating purposes and for transportation.

a. Approved operating expense shall be for the year prior to the base

year as defined in section thirty-six hundred two of this article and

shall be determined in the same manner provided in such section,

provided, however, that the amount so approved shall not exceed the sum

of (1) four thousand five hundred dollars multiplied by the lesser of

the number of full-time teachers employed during such year prior to the

base year or seven and (2) weighted average daily attendance as defined

in section thirty-six hundred two of this article for the base year

multiplied by the sum of sixty dollars plus an amount computed by

multiplying ninety cents by such weighted average daily attendance. Any

such district employing three or more teachers shall be permitted to use

the weighted average daily attendance averaged over the three year

period immediately preceding the current year as defined in section

thirty-six hundred two of this article.

b. Approved transportation expense shall be for the base year and

shall be determined in the same manner as provided in subdivision seven

of section thirty-six hundred two of this chapter.

2. If the local revenue provided by any such school district in the

current year, as defined in section thirty-six hundred two of this

article, inclusive of its local nonproperty tax receipts, is less than

the amount which could be raised by a tax at the rate specified in this

section on its actual valuation as defined in such section, the

apportionment for such current year shall be reduced by the amount which

such local revenue is less than the amount which could be raised at such

rate. The rate for the school year two thousand seven--two thousand

eight and thereafter shall be the local tax factor established pursuant

to subdivision four of section thirty-six hundred two of this article.