COMMONWEALTH OF VIRGINIA
DEPARTMENT OF EDUCATION
P. O. BOX 2120
RICHMOND, VIRGINIA 23218-2120

SUPTS. MEMO. NO. 213
November 23, 1999

INFORMATIONAL

TO: Division Superintendents
FROM: Paul D. Stapleton
Superintendent of Public Instruction
SUBJECT: 2000-2002 Composite Index Local


The attached reports list the 1997 base-year data used in calculating the Composite
Index of Local Ability-to-Pay for the 2000-2002 biennium.  Attachment A includes
the index calculated using the total Adjusted Gross Income (AGI) for each locality.
Attachment B includes the index calculated using AGI that excludes non-resident data
for localities whose total AGI is comprised of three percent or more from non-
residents of Virginia.  Attachment C provides an example of the formula used to 
calculate the composite index for 2000-2002.

If you have questions concerning this data or need additional information, please
call Kent C. Dickey or Brian Logwood at (804) 225-2025.

PDS:pft
Attachments: 	A hard copy of this memo and its attachment 
                will be sent to the superintendent's office.