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) with local funds.  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.

2024-2026 Biennium

• Composite Index of Local Ability-to-Pay (Excel) - updated November 2023
• Composite Index Calculation and Trend Analysis (Excel) - updated November 2023

2022-2024 Biennium

• Composite Index of Local Ability-to-Pay (Excel) - updated November 2021
• Composite Index Calculation and Trend Analysis (Excel) - updated November 2021

2020-2022 Biennium

• Composite Index of Local Ability-to-Pay (Excel) - updated November 2019
• Composite Index Calculation and Trend Analysis (Excel) - updated November 2019