DISTRICT CODE: 521301 STATE AID 2004-05
DISTRICT NAME: BALLSTON SPA DATE: NOV 29, 2008
EDITION NO. 2908
DISTRICT LAST UPDATED ON 11/25/08
NOTE: DATA DISPLAYED IS TENTATIVE PENDING AUDIT
BUILDING FORMULA 10% AID OUTPUT REPORT(BLD10)
PART I: AIDABLE BUILDING AID EXPENSES FOR 2004-05 AID
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A. CAPITAL OUTLAY EXPENSES
1. CAPITAL OUTLAY EXCEPTION EXPENSES
(PROJECTS < 100001, EMERGENCY, SMALL CITY) 0
2. NOT USED
B. AIDABLE DEBT SERVICE EXPENSE FOR 2004-05 AID
3. 2004-05 ASSUMED DEBT SERVICE: RETRO* 0
4. 2004-05 ASSUMED DEBT SERVICE: RETRO, REORG INCENTIVE
ELIGIBLE 0
5. 2004-05 CONTINUING DEBT SERVICE FOR WAIVERED BOND
ISSUES* 0
6. 2004-05 CONTINUING DEBT SERVICE FOR WAIVERED BOND
ISSUES, REORG INCENTIVE EIGIBLE 0
7. 2004-05 ASSUMED DEBT SERVICE: PROSPECTIVE** 0
8. 2004-05 ASSUMED DEBT SERVICE: PROSPECTIVE, REORG
INCENTIVE ELIGIBLE 0
9. 2004-05 APPROVED DEBT SERVICE: DORMITORY AUTHORITY
(SPECIAL ACT DISTRICTS ONLY) 0
10. 2004-05 ASSUMED AMORTIZATION FOR CAPITAL OUTLAYS
INCURRED AFTER 6/30/02 FOR PROJECTS APPROVED BEFORE
7/1/02 619
11. 2004-05 ASSUMED AMORTIZATION FOR CAPITAL OUTLAYS
INCURRED AFTER 6/30/02 FOR PROJECTS APPROVED BEFORE
7/1/02, REORG INCENTIVE ELIGIBLE 0
12. TOTAL AIDABLE DEBT SERVICE FOR 04-05 AID
(ENT 3 + ENT 5 + ENT 7 + ENT 9 + ENT 10) 619
13. TOTAL AIDABLE DEBT SERVICE FOR 04-05 AID, REORG
INCENTIVE ELIGIBLE (ENT 4 + ENT 6 + ENT 8 + ENT 11) 0
CLICK HERE FOR 0506 ASSUMED AMORTIZATION CAPITAL OUTLAY DETAILS
*PURSUANT TO CHAPTER 383 OF THE LAWS OF 2001, ASSUMED DEBT
SERVICE FOR PROJECTS APPROVED BY 12/1/01 WITH OUTSTANDING
PRINCIPAL AS OF 7/1/02.
**PURSUANT TO CHAPTER 383 OF THE LAWS OF 2001, ASSUMED DEBT
SERVICE FOR PROJECTS APPROVED ON OR AFTER 12/1/01, OR WITH
OBLIGATIONS FIRST ISSUED ON OR AFTER 12/1/01.
PURSUANT TO CHAPTER 57 OF THE LAWS OF 2004, BUILDING PROJECTS WITH
COMMISSIONER APPROVAL BY 12/31/03 AND INCLUDED IN THE ESTIMATES
OF 2004-05 AID FOR THE ENACTED SA0405 COMPUTER RUN DATED 8/09/04,
ARE ELIGIBLE FOR AID IN 2004-05. PROJECTS WITH COMMISSIONER
APPROVAL BY 12/31/03 AND SIGNED CONTRACTS ON FILE AFTER FEBRUARY
15, 2004 WILL BE FIRST ELIGIBLE FOR AID IN 2005-06.
CLICK HERE FOR PROSPECTIVE PROJECT INFORMATION
C. AIDABLE EXPENSE ASSOCIATED WITH THE COST OF REFINANCING EXISTING
DEBT WITH PRINCIPAL OUTSTANDING AS OF 6/30/02
14. 2004-05 ASSUMED DEBT SERVICE FOR FIXED COST OF
REFINANCING 0
15. 2004-05 ASSUMED DEBT SERVICE FOR STATE SHARE OF
VARIABLE COSTS 0
16. 2004-05 ASSUMED DEBT SERVICE FOR STATE SHARE OF
ADDITIONAL PRINCIPAL 0
17. TOTAL ASSUMED DEBT SERVICE FOR STATE SHARE OF THE
BONDED COSTS OF REFINANCING (100% REIMBURSED)
(ENT 14 + ENT 15 + ENT 16) 0
18. 2004-05 ASSUMED DEBT SERVICE FOR LOCAL SHARE OF THE
VARIABLE COSTS OF REFINANCING 0
19. 2004-05 ASSUMED DEBT SERVICE FOR LOCAL SHARE OF THE
VARIABLE COSTS OF REFINANCING, REORG INCENTIVE
ELIGIBLE 0
20. 2003-04 TOTAL FEES AND CHARGES NOT PAID FROM THE
PROCEEDS OF REFUNDING BONDS
(E.G., PAID FROM CASH OUTLAY) (100% REIMBURSED) 0
CLICK HERE FOR BOND LEVEL INFORMATION
D. LEASE EXPENSE
NOTE: LEASES APPROVED ON OR AFTER 7/1/98 ARE ONLY ELIGIBLE
FOR THE 10% INCENTIVE IF THEY ARE FOR A TERM OF MORE THAN
5 YEARS.
21. 2004-05 LEASE EXPENSE - NOT 10% ELIGIBLE 0
22. 2004-05 LEASE EXPENSE - 10% ELIGIBLE 0
23. 2004-05 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE
NOT 10% ELIGIBLE 0
24. 2004-05 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE
10% ELIGIBLE 0
PART II: CALCULATION OF 2004-05 BUILDING AID
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25. 2004-05 BUILDING AID RATIO 0.697
26. 2003-04 SELECTED BUILDING AID RATIO 0.749
27. SELECTED 2004-05 BUILDING AID RATIO 0.749
28. 2004-05 ENHANCED AID RATIO
(LESSER OF ENT 27 + .100 OR .950) 0.849
29. 2004-05 10% INCENTIVE DECIMAL (ENT 28 - ENT 27) 0.100
30. AID RATIO AID FOR ASSUMED DEBT SERVICE: RETRO
(ENT 3 * ENT 27) 0
31. 10% INCENTIVE AID FOR ASSUMED DEBT SERVICE: RETRO
(ENT 3 * ENT 29) 0
32. AID RATIO AID FOR DEBT SERVICE ON WAIVERED BOND
ISSUES (ENT 5 * ENT 27) 0
33. 10% INCENTIVE AID FOR DEBT SERVICE ON WAIVERED BOND
ISSUES (ENT 5 * ENT 29) 0
34. AID RATIO AID BLDG AID FOR ASSUMED DEBT SERVICE:
PROSPECTIVE (ENT 7 * ENT 27) 0
35. 10% INCENTIVE AID FOR ASSUMED DEBT SERVICE:
PROSPECTIVE (ENT 7 * ENT 29) 0
36. AID RATIO AID FOR DEBT SERVICE: DORMITORY AUTHORITY
(SPECIAL ACT DISTRICTS ONLY) (ENT 9 * ENT 27) 0
37. 10% INCENTIVE AID FOR DEBT SERVICE: DORMITORY AUTHORITY
(SPECIAL ACT DISTRICTS ONLY) (ENT 9 * ENT 29) 0
38. BLDG AID FOR THE STATE SHARE OF TOTAL BONDED
REFINANCING COSTS (100% REIMBURSED) (ENT 17) 0
39. AID RATIO AID FOR THE LOCAL SHARE OF BONDED VARIABLE
REFINANCING COSTS (ENT 18 * ENT 27) 0
40. 10% INCENTIVE AID FOR THE LOCAL SHARE OF BONDED
VARIABLE REFINANCING COSTS (ENT 18 * ENT 29) 0
41. BLDG AID FOR COSTS OF REFINANCING NOT PAID FROM THE
PROCEEDS OF REFUNDING BONDS (100% REIMBURSED)(ENT 20) 0
42. AID RATIO AID FOR LEASE EXPENSE
((ENT 21 + ENT 22) * ENT 27) 0
43. BLDG AID FOR LEASE EXPENSE ELIGIBLE FOR 10% INCENTIVE
(ENT 22 * ENT 29) 0
44. AID RATIO AID FOR ASSUMED AMORTIZATION CAPITAL
OUTLAYS (ENT 10 * ENT 27) 463
45. 10% INCENTIVE AID FOR ASSUMED AMORTIZATION CAPITAL
OUTLAYS (ENT 10 * ENT 29) 61
46. AID RATIO AID FOR CAPITAL OUTLAY EXCEPTIONS
(ENT 1 * ENT 27) 0
47. 10% INCENTIVE AID FOR CAPITAL OUTLAY EXCEPTIONS
(ENT 1 * ENT 29) 0
48. TOTAL REGULAR BUILDING AID: AID RATIO AID AND 100%
REIMBURSABLE (ENTRIES 30+32+34+36+38+39+41+42+44+46) 463
49. TOTAL REGULAR BUILDING AID: 10% INCENTIVE
(ENTRIES 31 + 33 + 35 + 37 + 40 + 43 + 45 + 47) 61
50. TOTAL REGULAR BUILDING AID INCLUDING 10% INCENTIVE
(ENT 48 + ENT 49) 524
PART III. CALCULATION OF 2004-05 REORGANIZATION INCENTIVE BUILDING
__________________________________________________________________
AID
___
51. TOTAL BUILDING EXPENSE REORGANIZATION INCENTIVE
ELIGIBLE (ENT 13 + ENT 19 + ENT 23 + ENT 24) 0
52. BUILDING AID ON REORG INCENTIVE ELIGIBLE EXPENSE
(ENT 51 * ENT 28) 0
53. REORGANIZATION INCENTIVE DECIMAL (.25 OR .30) 0.00
54. UNCAPPED REORGANIZATION INCENTIVE AID (ENTS 52 * 53) 0
55. 95% OF THE TOTAL BUILDING EXPENSE ELIGIBLE FOR
REORGANIZATION INCENTIVE (ENT 51 * 0.95) 0
56. MAXIMUM REORGANIZATION INCENTIVE AID(ENT 55 - ENT 52) 0
57. REORGANIZATION INCENTIVE BUILDING AID
(LSR ENT 54 OR ENT 56) 0
PART IV: NATIVE AMERICAN BUILDING AID PAYABLE DURING 2004-05
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58. NATIVE AMERICAN BUILDING AID 0
PART V: SPECIAL LEGISLATION
_____________________________
59. APPROVED DEBT SERVICE EXPENSE [10 315] 0
60. SPECIAL AID RATIO CALCULATION 0.000
61. SPECIAL LEGISLATON AID 0
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