STATE AID BUILDING - PRELIMINARY CAPITAL OUTLAY AMORTIZATION
DISTRICT: 600402 NEWARK VALLEY DATE: 09/04/08
******************************************************************************************
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: 0002-006 PROJECT NAME: NATHAN T HALL ELEM SCHOOL
AMORTIZED CAPITAL BALANCE: 210,694 VOTER AUTHORIZATION DATE: 12/06/1999
ASSUMED PAYMENTS: 14 AID RATIO: BLD10
ASSUMED ANNUAL AIDABLE EXPENSE: 15,049 TYPE: RETRO
AID YEAR STARTING JULY 2004 CMMSR APP DATE: 05/18/00
PPU: 15.0 CONTRACT DATE: 06/26/00
PROJECT NUMBER: 0002-007 PROJECT NAME: NATHAN T HALL ELEM SCHOOL
AMORTIZED CAPITAL BALANCE: 251,715 VOTER AUTHORIZATION DATE: 05/15/2001
ASSUMED PAYMENTS: 14 AID RATIO: BLD3
ASSUMED ANNUAL AIDABLE EXPENSE: 17,979 TYPE: PROSPECTIVE
AID YEAR STARTING JULY 2004 CMMSR APP DATE: 05/03/02
PPU: 15 CONTRACT DATE: 06/24/02
PROJECT NUMBER: 0003-003 PROJECT NAME: MIDDLE SCHOOL
AMORTIZED CAPITAL BALANCE: 27,345 VOTER AUTHORIZATION DATE: 00/00/0000
ASSUMED PAYMENTS: 19 AID RATIO: BLD
ASSUMED ANNUAL AIDABLE EXPENSE: 1,439 TYPE: RETRO
AID YEAR STARTING JULY 2004 CMMSR APP DATE: 08/28/87
PPU: 20.0 CONTRACT DATE: 09/29/87
PROJECT NUMBER: 0003-011 PROJECT NAME: MIDDLE SCHOOL
AMORTIZED CAPITAL BALANCE: 229,357 VOTER AUTHORIZATION DATE: 05/15/2001
ASSUMED PAYMENTS: 14 AID RATIO: BLD3
ASSUMED ANNUAL AIDABLE EXPENSE: 16,382 TYPE: PROSPECTIVE
AID YEAR STARTING JULY 2004 CMMSR APP DATE: 05/03/02
PPU: 15 CONTRACT DATE: 06/24/02
PROJECT NUMBER: 0007-007 PROJECT NAME: NEWARK VAL SR HIGH SCHOOL
AMORTIZED CAPITAL BALANCE: 565,759 VOTER AUTHORIZATION DATE: 05/15/2001
ASSUMED PAYMENTS: 14 AID RATIO: BLD3
ASSUMED ANNUAL AIDABLE EXPENSE: 40,411 TYPE: PROSPECTIVE
AID YEAR STARTING JULY 2004 CMMSR APP DATE: 05/03/02
PPU: 15 CONTRACT DATE: 06/24/02
PROJECT NUMBER: 5004-005 PROJECT NAME: BUS GARAGE
AMORTIZED CAPITAL BALANCE: 14,327 VOTER AUTHORIZATION DATE: 05/15/2001
ASSUMED PAYMENTS: 14 AID RATIO: BLD3
ASSUMED ANNUAL AIDABLE EXPENSE: 1,023 TYPE: PROSPECTIVE
AID YEAR STARTING JULY 2004 CMMSR APP DATE: 05/03/02
PPU: 15 CONTRACT DATE: 06/24/02
NYSED HOME PAGE | STATE AID HOME PAGE | DISTRICT HOME PAGE