STATE AID BUILDING - PRELIMINARY CAPITAL OUTLAY AMORTIZATION

DISTRICT: 280218 GARDEN CITY DATE: 11/23/09

****************************************************************************************** 1. THIS REPORT IS BASED ON A PRELIMINARY AMORTIZATION SCHEDULE AND WILL BE USED FOR 2004-05 AID PROJECTIONS ONLY. THE SCHEDULE WILL BE RECALCULATED IN FALL 2004 FOR PAYMENT PURPOSES, BASED ON UPDATED CAPITAL BALANCE INFORMATION. 2. AID RATIOS: BLD: PROJECTS APPROVED < 7/1/1998 BLD10: PROJECTS APPROVED 7/1/1998 - 6/30/2000 BLD3: PROJECTS APPROVED > 6/30/2000 3. THE NUMBER OF ASSUMED PAYMENTS IS THE POSITIVE REMAINDER OF THE PROJECTS MAXIMUM USEFUL LIFE LESS 1 YEAR, TRUNCATED. PPU: PROSPECTIVE PROJECTS: ALT/RECON = 15, ADDITION = 20, NEW = 30, AS ASSIGNED FOR PURPOSES OF PROSPECTIVE AMORTIZATION OF APPROVED BORROWING COSTS. CAPITAL ONLY RETRO PROJECTS: SAME AS ABOVE. RETRO PROJECTS: MAXIMUM PROJECT LIFE AS DISPLAYED ON THE INDIVIDUAL PROJECT LISTING FOR RETRO BOND(S) FUNDING THIS PROJECT (SEE RETRO PROJECT WEB REPORT). 4. THE ASSUMED ANNUAL AIDABLE EXPENSE IS THE QUOTIENT OF THE CAPITAL BALANCE AND THE NUMBER OF ASSUMED PAYMENTS, TRUNCATED TO THE NEAREST WHOLE DOLLAR. ****************************************************************************************** PROJECT NUMBER: 0004-005 PROJECT NAME: STEWART AVENUE SCHOOL AMORTIZED CAPITAL BALANCE: 646,676 VOTER AUTHORIZATION DATE: 12/10/1998 ASSUMED PAYMENTS: 16 AID RATIO: BLD10 ASSUMED ANNUAL AIDABLE EXPENSE: 40,417 TYPE: RETRO AID YEAR STARTING JULY 2004 CMMSR APP DATE: 10/27/99 PPU: 17.0 CONTRACT DATE: 02/16/00 PROJECT NUMBER: 0005-003 PROJECT NAME: STRATFORD AVE SCHOOL AMORTIZED CAPITAL BALANCE: 1,602,226 VOTER AUTHORIZATION DATE: 05/19/1998 ASSUMED PAYMENTS: 14 AID RATIO: BLD ASSUMED ANNUAL AIDABLE EXPENSE: 114,444 TYPE: RETRO AID YEAR STARTING JULY 2004 CMMSR APP DATE: 04/12/99 PPU: 15.0 CONTRACT DATE: 05/25/99 PROJECT NUMBER: 0006-006 PROJECT NAME: GARDEN CITY JR HS AMORTIZED CAPITAL BALANCE: 175,120 VOTER AUTHORIZATION DATE: 05/01/1998 ASSUMED PAYMENTS: 14 AID RATIO: BLD ASSUMED ANNUAL AIDABLE EXPENSE: 12,508 TYPE: RETRO AID YEAR STARTING JULY 2004 CMMSR APP DATE: 09/18/98 PPU: 15.0 CONTRACT DATE: 11/23/98 PROJECT NUMBER: 0006-007 PROJECT NAME: GARDEN CITY JR HS AMORTIZED CAPITAL BALANCE: 23,927 VOTER AUTHORIZATION DATE: 12/10/1998 ASSUMED PAYMENTS: 15 AID RATIO: BLD10 ASSUMED ANNUAL AIDABLE EXPENSE: 1,595 TYPE: RETRO AID YEAR STARTING JULY 2004 CMMSR APP DATE: 09/27/00 PPU: 16.0 CONTRACT DATE: 01/16/01 PROJECT NUMBER: 0007-008 PROJECT NAME: GARDEN CITY SR HS AMORTIZED CAPITAL BALANCE: 1,235,280 VOTER AUTHORIZATION DATE: 12/10/1998 ASSUMED PAYMENTS: 14 AID RATIO: BLD10 ASSUMED ANNUAL AIDABLE EXPENSE: 88,234 TYPE: RETRO AID YEAR STARTING JULY 2004 CMMSR APP DATE: 04/06/01 PPU: 15.0 CONTRACT DATE: 05/07/01 PROJECT NUMBER: 5009-003 PROJECT NAME: BUS GARAGE AMORTIZED CAPITAL BALANCE: 8,804 VOTER AUTHORIZATION DATE: 05/19/1998 ASSUMED PAYMENTS: 14 AID RATIO: BLD ASSUMED ANNUAL AIDABLE EXPENSE: 628 TYPE: RETRO AID YEAR STARTING JULY 2004 CMMSR APP DATE: 08/05/99 PPU: 15.0 CONTRACT DATE: 04/01/00

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