2002-2003 Regional Cost Factors

A regional cost factor is applied to the State Building Aid formula for contracts signed on or after July 1, 2002 to assist school districts in regions with high labor costs. The regional cost factor will be multiplied times the maximum cost allowance to arrive at a regionally adjusted maximum cost allowance. State building aid will be paid on the lesser of the actual contract expense or the regionally adjusted maximum cost allowance.

The regional cost factor is calculated by dividing the county composite labor rate by the median state-wide composite labor rate. The county composite labor rate is calculated by adding up the hourly labor rate plus supplemental benefits for carpenters, electricians and plumbers.

The table below lists the regional cost factors for contracts signed between July 1, 2002 and June 30, 2003. Please note that where the estimated regional cost factor has a value of less than 1.0, a regional cost factor of 1.0 will be used in the State building aid calculations.

 

CO. #

COUNTY

COMPOSITE

   INDEX

01

Albany

33.95

1.0074

02

Allegany

31.58

1.0 (0.9373)

03

Broome

30.23

1.0 (0.8970)

04

Cattaraugus

31.58

1.0 (0.9373)

05

Cayuga

31.07

1.0 (0.9220)

06

Chautauqua

31.58

1.0 (0.9373)

07

Chemung

32.95

1.0 (0.9777)

08

Chenango

33.07

1.0 (0.9814)

09

Clinton

31.13

1.0 (0.9238)

10

Columbia

36.55

1.0846

11

Cortland

32.53

1.0 (0.9655)

12

Delaware

32.86

1.0 (0.9752)

13

Dutchess

42.30

1.2552

14

Erie

37.42

1.1106

15

Essex

31.47

1.0 (0.9338)

16

Franklin

30.41

1.0 (0.9024)

17

Fulton

33.95

1.0074

18

Genesee

37.71

1.1191

19

Greene

36.55

1.0846

20

Hamilton

34.32

1.0184

21

Herkimer

31.24

1.0 (0.9272)

22

Jefferson

31.35

1.0 (0.9303)

23

Lewis

31.35

1.0 (0.9303)

24

Livingston

35.50

1.0535

25

Madison

31.66

1.0 (0.9397)

26

Monroe

34.98

1.0381

27

Montgomery

33.95

1.0074

28

Nassau

57.40

1.7035

40

Niagara

38.62

1.1461

30

NYC

59.99

1.7804

41

Oneida

31.24

1.0 (0.9272)

42

Onondaga

32.13

1.0 (0.9536)

43

Ontario

34.98

1.0381

44

Orange

43.86

1.3016

45

Orleans

37.45

1.1115

46

Oswego

32.40

1.0 (0.9615)

47

Otsego

33.07

1.0 (0.9814)

48

Putnam

51.42

1.5261

49

Renssalaer

33.95

1.0074

50

Rockland

49.71

1.4752

52

Saratoga

33.07

1.0 (0.9815)

53

Schenectady

33.95

1.0074

54

Schoharie

33.95

1.0074

55

Schuyler

33.48

1.0 (0.9936)

56

Seneca

32.55

1.0 (0.9660)

51

St Lawrence

31.75

1.0 (0.9421)

57

Steuben

33.91

1.0064

58

Suffolk

57.40

1.7035

59

Sullivan

42.45

1.2597

60

Tioga

32.45

1.0 (0.9631)

61

Tompkins

33.48

1.0 (0.9936)

62

Ulster

42.45

1.2597

63

Warren

32.95

1.0 (0.9778)

64

Washington

32.95

1.0 (0.9778)

65

Wayne

34.98

1.0380

66

Westchester

52.81

1.5672

67

Wyoming

37.50

1.1128

68

Yates

33.06

1.0 (0.9811)

Updated by Curt Miller
4/06/0
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