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PA Bulletin, Doc. No. 06-1689

NOTICES

DEPARTMENT OF EDUCATION

Index Calculation Required by Special Session Act 1 of 2006

[36 Pa.B. 4736]
[Saturday, August 26, 2006]

   Under section 333(l) of SS Act 1 of 2006, known as the Taxpayer Relief Act, the Department of Education has calculated the index for the Fiscal Year (FY) 2007-2008.

   The index is the average of the percentage increase in the Statewide average weekly wage and the Employment Cost Index. For the FY 2007-2008, the base index is 3.4%.

   For school districts with a market value/income aid ratio greater than .4,000, an adjusted index will be posted on the Department's website at www.pde.state.pa.us/proptax by September 30, 2006.

GERALD L. ZAHORCHAK, D.Ed.,   
Secretary

[Pa.B. Doc. No. 06-1689. Filed for public inspection August 25, 2006, 9:00 a.m.]


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