Student Opportunity Act Simulation: MTA and DESE Assumptions

Variable MTA DESE
Annual inflation 3.56% for employee benefits/fixed charges, 2.41% for other. "Other" rate based on fifteen-year unweighted average, excluding highest and lowest values. For FY21, set at 1.80% as per change in implicit price deflator. Employee benefits/fixed charges rate set equal to DESE assumption. 3.56% for employee benefits/fixed charges, 2.56% for other. "Other" rate based on fifteen-year unweighted average, excluding highest and lowest values. Employee benefits/fixed charges rate set at "other" rate plus one percentage point.
Annual enrollment change Five-year weighted average percentage increases. Held constant at FY20 level.
EQV (property value) Three-year weighted average percentage increases. Held constant at FY20 level.
Income Five-year weighted average percentage increases. Held constant at FY20 level.
Municipal revenue growth factor Five-year weighted average percentage increases. Fifteen-year unweighted average, excluding highest and lowest values.
Minimum aid $30/pupil. $30/pupil.
Baseline for hold harmless aid calculation Run baseline formula with zero minimum aid. Then, add $30/pupil to the resulting total aid for each district. Run baseline formula with zero minimum aid. Then, add $30/pupil to the resulting total aid for each district.