The project is financed by the Dormitory Authority of the State of New York (DASNY) and is offset by a portion of Rockland BOCES current capital budget. The $47.9 million project cost, which will be paid over a 25-year period, is shared by the eight component districts that make up the Rockland BOCES Supervisory District. Each district’s share of the cost is determined by the number of students that reside in that particular district compared to the other component school districts. This is referred to as Resident Weighted Average Daily Attendance (RWADA). The average cost to a Rockland County residential property per month will be approximately $2.36*. Between 50% and 70% percent of the total project cost is eligible for New York State Aid at the local school district’s aid ratio.

*Average based on a property assessment of $500,000