2023-2024 Regional Cost Factors
A regional cost factor is applied to the State Building Aid formula for contracts signed on or after July 1, 2023 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, 2023 and June 30, 2024. 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 | 71.79 | 1.0881 |
| 02 | Allegany | 61.87 | (1.0) 0.9377 |
| 03 | Broome | 64.24 | (1.0) 0.9737 |
| 04 | Cattaraugus | 62.23 | (1.0) 0.9432 |
| 05 | Cayuga | 64.26 | (1.0) 0.974 |
| 06 | Chautauqua | 62.23 | (1.0) 0.9432 |
| 07 | Chemung | 64.23 | (1.0) 0.9736 |
| 08 | Chenango | 65.82 | (1.0) 0.9976 |
| 09 | Clinton | 64.55 | (1.0) 0.9784 |
| 10 | Columbia | 76.21 | 1.1552 |
| 11 | Cortland | 65.79 | (1.0) 0.9972 |
| 12 | Delaware | 65.82 | (1.0) 0.9976 |
| 13 | Dutchess | 86.8 | 1.3156 |
| 14 | Erie | 68.2 | 1.0338 |
| 15 | Essex | 64.89 | (1.0) 0.9835 |
| 16 | Franklin | 64.89 | (1.0) 0.9835 |
| 17 | Fulton | 71.79 | 1.0881 |
| 18 | Genesee | 63.7 | (1.0) 0.9655 |
| 19 | Greene | 71.79 | 1.0881 |
| 20 | Hamilton | 69.89 | 1.0593 |
| 21 | Herkimer | 66.63 | 1.0099 |
| 22 | Jefferson | 61.39 | (1.0) 0.9305 |
| 23 | Lewis | 61.39 | (1.0) 0.9305 |
| 24 | Livingston | 62.22 | (1.0) 0.9431 |
| 25 | Madison | 66.13 | 1.0024 |
| 26 | Monroe | 62.22 | (1.0) 0.9431 |
| 27 | Montgomery | 71.79 | 1.0881 |
| 28 | Nassau | 104.16 | 1.5787 |
| 30 | NYC | 113.85 | 1.7256 |
| 40 | Niagara | 67.22 | 1.0188 |
| 41 | Oneida | 66.63 | 1.0099 |
| 42 | Onondaga | 65.41 | (1.0) 0.9915 |
| 43 | Ontario | 62.22 | (1.0) 0.9431 |
| 44 | Orange | 78.53 | 1.1903 |
| 45 | Orleans | 63.7 | (1.0) 0.9655 |
| 46 | Oswego | 64.88 | (1.0) 0.9834 |
| 47 | Otsego | 67.68 | 1.0259 |
| 48 | Putnam | 98.52 | 1.4933 |
| 49 | Rensselaer | 71.79 | 1.0881 |
| 50 | Rockland | 88.78 | 1.3457 |
| 52 | Saratoga | 70.4 | 1.0671 |
| 53 | Schenectady | 71.79 | 1.0881 |
| 54 | Schoharie | 71.79 | 1.0881 |
| 55 | Schuyler | 64.23 | (1.0) 0.9736 |
| 56 | Seneca | 60.7 | (1.0) 0.9201 |
| 51 | St. Lawrence | 61.39 | (1.0) 0.9305 |
| 57 | Steuben | 62.4 | (1.0) 0.9458 |
| 58 | Suffolk | 104.16 | 1.5787 |
| 59 | Sullivan | 77.16 | 1.1694 |
| 60 | Tioga | 63.32 | (1.0) 0.9598 |
| 61 | Tompkins | 63.96 | (1.0) 0.9695 |
| 62 | Ulster | 85.42 | 1.2947 |
| 63 | Warren | 69.51 | 1.0535 |
| 64 | Washington | 68.5 | 1.0383 |
| 65 | Wayne | 62.22 | (1.0) 0.9431 |
| 66 | Westchester | 106.21 | 1.6098 |
| 67 | Wyoming | 67.26 | 1.0195 |
| 68 | Yates | 60.7 | (1.0) 0.9201 |