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I <br /> I <br /> I <br /> I <br /> I <br /> <br />I <br />I <br />I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> <br /> Page -11- <br /> <br /> 3. "Since the relative distribution of Local Government Aid under <br /> the new formula compared to the old formula changes very little, <br /> several o! the 'inequities' of the old formula are perpetuated under <br /> the new formula." <br /> <br /> 4. "An inadequate relationship between 'fiscal capacity' and state aid <br /> under the old formula, . . . is perpetuated under the new formula . <br /> . ." Report at 1-3. <br /> <br /> In Defendants' Answers to Plaintiffs' First Set of Interrogatories, Answer <br />No. 7, defendants admit that they do not disagree with any finding and conclusion <br />set forth on pages one through ten of the Report. <br /> <br /> Without detailing further evidence :[rom the Report itself or Gardner's <br />deposition it is apparent a serious question is raised by plaintiff as to whether the <br />state aid statute achieves its intended purposes. In fact, by virtue of the <br />defendants' own study, it appears that the question should be answered in the <br /> <br />negative. <br /> F. <br /> <br /> Speculation on a Separate .Basis For Each Portion of the Formula is <br /> Invalid. <br /> <br /> Defendants attempt to validate the statutory scheme by conjuring up a <br />separate basis for individual elements of the statute. The source for each basis is <br />apparently defense counsel's own imagination as no other source or authority is <br />cited. Defendants argue that the local revenue base is a rational measurement of <br />fiscal need; that ten mills minus adjusted assessed value is a reasonable way to <br />measure fiscal capacity; that the preliminary state aid factor represents a logical <br />determination of cities relative aid requirements; and that maximum and minimum <br />aid level adjustments are rational means of distributing a limited appropriation <br />while avoiding sudden substantial shifts in a city's aid. <br /> <br /> Defendants approach, which involves speculating on a separate basis for <br />various portions of the statute, was specifically repudiated by Board of Education, <br />Levittown v. Nyquist, #08 N.Y.S.2d 606, 640 (Sup. Ct. 1979) where the court <br />observed: <br /> <br /> <br />