Combined Wealth Ratio (CWR)

In order to distribute state aid fairly, a formula was developed to measure a district's wealth, essentially each district's ability to pay.

 

The formula has two parts:

  • the average income per resident (determined by income figures from the New York State income tax)

  • the average value of real estate per resident (determined by the assessed value of each parcel of the community)

The formula is called the Combined Wealth Ratio (CWR), the average ratio statewide is 1.0. Districts whose CWR is above 1.0 are seen as "more wealthy" and may see state aid decrease. Districts whose CWR is less than 1.0 are seen as less wealthy and may see additional state aid.

 

For 2010, West Irondequoit's CWR is .556.

 

  District CWR
1 Rochester* 0.285
2 Brockport 0.419
3 Churchville-Chili 0.507
4 Spencerport 0.515
5 Hilton 0.556
6 West Irondequoit 0.556
7 Greece 0.559
8 East Rochester 0.572
9 Gates Chili 0.585
10 East Irondequoit* 0.670
11 Fairport 0.710
12 Honeoye Falls-Lima 0.727
13 Webster 0.729
14 Wheatland-Chili 0.739
15 Rush-Henrietta 0.775
16 Penfield 0.857
17 Brighton 1.037
18 Pittsford 1.336

* data obtained is from 2009-2010.