NOTICES
DEPARTMENT
OF EDUCATION
Index Calculation Required by the Taxpayer Relief Act
[44 Pa.B. 5883]
[Saturday, September 13, 2014]Under section 333(l) of the Taxpayer Relief Act (53 P. S. § 6926.333(l)), the Department of Education (Department) has calculated the index for Fiscal Year (FY) 2015-2016.
The index is the average of the percentage increase in the Statewide average weekly wage and the Employment Cost Index. For FY 2015-2016, the base index is 1.9%.
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.state.pa.us by September 30, 2014.
CAROLYN C. DUMARESQ, Ed.D.,
Acting Secretary
[Pa.B. Doc. No. 14-1912. Filed for public inspection September 12, 2014, 9:00 a.m.]
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