Composite Index of Local Ability to Pay
The Composite Index determines a school division’s ability to pay education costs fundamental to the commonwealth’s Standards of Quality (SOQ). The Composite Index is calculated using three indicators of a locality’s ability-to-pay:
- True value of real property (weighted 50 percent)
- Adjusted gross income (weighted 40 percent)
- Taxable retail sales (weighted 10 percent)
Each locality’s index is adjusted to maintain an overall statewide local share of 45 percent and an overall state share of 55 percent.
2020-2022
- Composite Index of Local Ability-to-pay-This is an excel spreadsheet. – updated November 2019
- Composite Index Calculation and Trend Analysis-This is an excel spreadsheet. – updated November 2019
2018-2020
- Composite Index of Local Ability-to-pay-This is a XLS document. – updated November 2017
- Composite Index of Local Ability-to-pay-This is a PDF document. – updated November 2017
- Composite Index Calculation and Trend Analysis-This is a XLS document. – updated November 2017
2016-2018
- Composite Index of Local Ability-to-pay (XLS) – updated December 2015
- Composite Index of Local Ability-to-pay (PDF) – updated December 2015
- Composite Index Calculation and Trend Analysis (XLS) – updated January 2016
- Map of Composite Indices (PDF) – updated May 2016
2014-2016
- Composite Index of Local Ability-to-pay (XLS) – updated June 2014
- Composite Index of Local Ability-to-pay (PDF) – updated June 2014
- Composite Index Calculation and Trend Analysis (XLS) – updated June 2014
- Map of Composite Indices (PDF) – updated November 2014
2012-2014
- Composite Index of Local Ability-to-pay (XLS) – updated November 2011
- Composite Index of Local Ability-to-pay (PDF) – updated November 2011
- Composite Index Calculation and Trend Analysis (XLS) – updated February 2012
2010-2012
- Composite Index of Local Ability-to-pay (XLS) – updated March 2010
- Composite Index of Local Ability-to-pay (PDF) – updated March 2010
- Composite Index Calculation and Trend Analysis (XLS) – updated March 2010
- Map of Composite Indices (PDF)
2008-2010
- Composite Index of Local Ability-to-Pay (XLS) – Excluding Nonresident Adjusted Gross Income (AGI)
- Composite Index of Local Ability-to-Pay (PDF) – Excluding Nonresident Adjusted Gross Income (AGI)
- Composite Index Calculation and Trend Analysis (XLS)
- Map of Composite Indices (PDF)
2006-2008
- Composite Index of Local Ability-to-pay (XLS)
- Composite Index of Local Ability-to-pay (PDF)
- Composite Index Calculation and Trend Analysis (XLS)
2004-2006
- Composite Index of Local Ability-to-pay (XLS)
- Composite Index of Local Ability-to-pay (PDF)
- Composite Index Calculation and Trend Analysis (XLS)
2002-2004
- Composite Index of Local Ability-to-pay (XLS)
- Composite Index of Local Ability-to-pay (PDF)
- Composite Index Calculation (XLS)