Targeted Assistance – Tier One
Local (District) Wealth Per-pupil** = 0.50 X (district 3-year average valuation / formula ADM)
+
0.50 X (average of total adjusted gross income of district residents for the 3 most recent years /
Formula ADM)
** The Threshold Local Wealth Per-pupil = this calculation for the 490
th
lowest wealth district
Rank districts in order of Local Wealth Per-pupil from lowest to highest
Statewide Wealth Per-pupil = 0.50 X (3-year average valuations for all school districts /
sum of formula ADM for all school districts)
+
0.50 X (sum of 3-year average total federal adjusted gross income for all districts /
sum of formula ADM for all school districts)
Wealth Index = Statewide Wealth Per-pupil / Local Wealth Per-pupil
See previous slide –
“
Tier One Targeted Assistance Calculation
””
for district total
