Cummulative Cost of Education of children residing at 517 Winter Street

This table shows the cummulative cost of education the taxpayers of Framingham will have to bear for 20 years for a hypothetical 25 children of the residents of 517 Winter Street.  This facility will not chip in one dime in real estate taxes. Based on a $10,000 year cost (low estimate), and school costs indexed by Proposition 2 1/12. School costs are actually going up much faster, but, Hey, this is a low ball model. The column marked Prop 2 1/2 index is merely 1.025 multiplied by itself times the year index (except for the first year) One good question to ask of Jim Cuddy and company is.... How many school aged children live in tax exempt SMOC facilities in Framingham?

Calendar Year	Year Index	Amount	Prop 2 1/2 index	Real Amount
2007	1	$250,000	1.0000	$250,000
2008	2	$250,000	1.0250	$256,250
2009	3	$250,000	1.0506	$262,656
2010	4	$250,000	1.0769	$269,222
2011	5	$250,000	1.1038	$275,950
2012	6	$250,000	1.1314	$282,850
2013	7	$250,000	1.1597	$289,925
2014	8	$250,000	1.1887	$297,175
2015	9	$250,000	1.2184	$304,600
2016	10	$250,000	1.2488	$312,200
2017	11	$250,000	1.2801	$320,025
2018	12	$250,000	1.3121	$328,025
2019	13	$250,000	1.3449	$336,225
2020	14	$250,000	1.3785	$344,625
2021	15	$250,000	1.4129	$353,225
2022	16	$250,000	1.4483	$362,025
2023	17	$250,000	1.4845	$371,125
2024	18	$250,000	1.5216	$380,400
2025	19	$250,000	1.5597	$389,925
2026	20	$250,000	1.5986	$399,650
Total				$ 6,386,078

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