DEPARTMENT OF EDUCATION
Index Calculation Required by Special Session Act 1 of 2006
[38 Pa.B. 5044]
[Saturday, September 13, 2008]
Under section 333(l) of the Taxpayer Relief Act (53 P. S. § 6926.33(l)), the Department of Education (Department) has calculated the index for the Fiscal Year (FY) 2009-2010.
The index is the average of the percentage increase in the Statewide average weekly wage and the Employment Cost Index. For the FY 2009-2010, the base index is 4.1%.
For school districts with a market value/income aid ratio greater than .4000, an adjusted index will be posted on the Department's web site at www.pde.state.pa.us/proptax by September 30, 2008.
GERALD L. ZAHORCHAK, D. Ed.,
[Pa.B. Doc. No. 08-1668. Filed for public inspection September 12, 2008, 9:00 a.m.]
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