1619 Index calculation required by Special Session Act 1 of 2006

DEPARTMENT
OF EDUCATION

Index Calculation Required by Special Session Act 1 of 2006

[45 Pa.B. 5507]
[Saturday, September 5, 2015]

 Under section 333(l) of Taxpayer Relief Act (53 P. S. § 6926.333(l)), the Department of Education (Department) has calculated the index for the Fiscal Year (FY) 2016-2017.

 The index is the average of the percentage increase in the Statewide average weekly wage and the Employment Cost Index. For FY 2016-2017, the base index is 2.4%.

 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.pa.gov by September 30, 2015.

PEDRO A. RIVERA, 
Secretary

[Pa.B. Doc. No. 15-1619. Filed for public inspection September 4, 2015, 9:00 a.m.]