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only the assessable basis but also income?
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MR. PERK1NS: Income, yes.
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THE CHAIRMAN: HOW does that work into it?
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DR. SENSENBAUGH : We're just using. an assessable
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base now. That is what Cooper Hughes —
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MR. PERKINS: That was proposed in Cooper Hughes
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yes. It's not income.
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THE CHAIRMAN: So, it is essentially the
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old equalization program.
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DU. SENSENBAUGH: Substantially, except with the
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number of pupils in each.
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THE CHAIRMAN: The two old formulae which I
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was familiar with, which were classrooms times so much and
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pupils tines so much have now been collapsed into one
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formula .
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DR. SENSENBAUGH: Right, and there are some
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modifications of this for staffing ratio.
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THE CHAIRMAN: Now, the staffing ratio to
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determine the base — that doesn't come into it anymore?
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DR. SENSEHBAUGH: It does. There is one element
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there and there's another element based on average salaries
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