DEPARTMENT OF EDUCATION Index Calculation Required by the Taxpayer Relief Act [42 Pa.B. 5974]
[Saturday, September 22, 2012]Under section 333(l) of the Taxpayer Relief Act (53 P. S. § 6926.333(l)), the Department of Education (Department) has calculated the index for Fiscal Year (FY) 2013-2014.
The index is the average of the percentage increase in the Statewide average weekly wage and the Employment Cost Index. For FY 2013-2014, the base index is 1.7%.
For school districts with a market value/income aid ratio greater than 0.4000, an adjusted index will be posted on the Department's web site at www.education.state.pa.us by September 30, 2012.
RONALD J. TOMALIS,
Secretary[Pa.B. Doc. No. 12-1864. Filed for public inspection September 21, 2012, 9:00 a.m.]
