DISTRICT CODE: 280204 STATE AID 2005-06 DISTRICT NAME: NORTH BELLMORE DATE: APR 15, 2014 EDITION NO. 6575 DISTRICT LAST UPDATED ON 04/14/14 NOTE: DATA DISPLAYED IS TENTATIVE PENDING AUDIT BUILDING FORMULA 4 AID OUTPUT REPORT(BLD4) PART I: AIDABLE BUILDING AID EXPENSES FOR 2005-06 AID ______________________________________________________ A. CAPITAL OUTLAY EXPENSES 1. CAPITAL OUTLAY EXCEPTION EXPENSES (PROJECTS < 100001, EMERGENCY, SMALL CITY) N/A B. AIDABLE DEBT SERVICE EXPENSE FOR 2005-06 AID 2. 2005-06 ASSUMED DEBT SERVICE: PROSPECTIVE* N/A 3. 2005-06 ASSUMED DEBT SERVICE: PROSPECTIVE, REORG INCENTIVE ELIGIBLE N/A *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. BUILDING 4 EXPENSES ARE FOR BUILDING PROJECTS APPROVED ON OR AFTER 7/1/2005. PURSUANT TO CHAPTER 57 OF THE LAWS OF 2005, BUILDING PROJECTS WITH COMMISSIONER APPROVAL BY 12/31/04 AND INCLUDED IN THE ESTIMATES OF 2005-06 AID FOR THE ENACTED SA0506 COMPUTER RUN DATED 3/30/05, ARE ELIGIBLE FOR AID IN 2005-06. FOR PROJECTS WITH COMMISSIONER APPROVAL BY 12/31/04 BUT WITHOUT NOTIFICATION OF A SIGNED CONTRACT ON FILE WITH THE DEPARTMENT BY THE FEBRUARY 2005 DATABASE WILL BE FIRST ELIGIBLE FOR AID IN 2006-07. C. LOW WEALTH SCHOOL DISTRICTS 4. 2005-06 EXPENSE FOR LOW WEALTH AID ELIGIBLE BUILDING PROJECTS** N/A **BUILDING 4 EXPENSES ELIGIBLE FOR LOW WEALTH AID ARE FOR BUILDING PROJECTS APPROVED ON OR AFTER 7/1/2005. PROJECTS APPROVED BY THE VOTERS BETWEEN JULY 1, 2005 AND JUNE 30, 2007 ARE ELIGIBLE FOR THE LOW WEALTH AID RATIO IF THE DISTRICT'S PUPIL WEALTH RATIO WAS GREATER THAN 2.5 IN 2000-01 AND THE ALTERNATE PUPIL WEALTH RATIO WAS LESS THAN .85 IN 2000-01. 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. 5. 2005-06 LEASE EXPENSE - NOT 10% ELIGIBLE 0 6. 2005-06 LEASE EXPENSE - 10% ELIGIBLE 0 7. 2005-06 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE NOT 10% ELIGIBLE 0 8. 2005-06 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE 10% ELIGIBLE 0 PART II: CALCULATION OF 2005-06 BUILDING AID ____________________________________________ 9. SELECTED 1999-00 BLDG AID RATIO MINUS 10% 0.445 10. 2005-06 RWADA AID RATIO 0.460 11. REVISED SELECTED 2005-06 BLDG AID RATIO (GREATER OF ENT 9 OR 10, MAX .950) 0.460 12. BLDG AID RATIO FOR LOW WEALTH AID ELIGIBLE DISTRICTS N/A 13. 2005-06 BLD4 REVISED SELECTED BUILDING AID RATIO ENHANCED BY 10% INCENTIVE (MAX .950) 0.560 14. 2005-06 BLD4 10% INCENTIVE DECIMAL (ENT 13 - ENT 11) 0.100 15. HIGH NEEDS SUPPLEMENTAL BUILDING AID RATIO (HNSBAR) 0.000 16. SELECTED 2005-06 BUILDING AID RATIO BEFORE 10% PLUS HNSBAR 0.000 17. SELECTED 2005-06 BUILDING AID RATIO + HNSBAR ENHANCED BY 10% INCENTIVE (ENT 16 + .100, MAX .980) 0.000 18. HNSBAR DISTRICT INDICATOR (1 = YES) 0 19. AID RATIO AID FOR LEASE EXPENSE IF ENT 18 = 1 THEN ((ENT 5 + ENT 6) * ENT 16) ELSE ((ENT 5 + ENT 6) * ENT 11) 0 20. BLDG AID FOR LEASE EXPENSE ELIGIBLE FOR 10% INCENTIVE IF ENT 18 = 1 THEN (ENT 6 * (ENT 17 - ENT 16)) ELSE (ENT 6 * ENT 14) 0 21. TOTAL REGULAR BUILDING AID: AID RATIO AID (ENT 19) 0 22. TOTAL REGULAR BUILDING AID: 10% INCENTIVE (ENT 20) 0 23. TOTAL REGULAR BUILDING AID INCLUDING 10% INCENTIVE (ENT 21 + ENT 22) 0 CLICK HERE FOR HNSBAR INFORMATION
PART II: CALCULATION OF 2005-06 REORGANIZATION INCENTIVE BUILDING AID _____________________________________________________________________ 24. TOTAL BUILDING EXPENSE REORGANIZATION INCENTIVE ELIGIBLE (ENT 7 + ENT 8) 0 25. BUILDING AID ON REORG INCENTIVE ELIGIBLE EXPENSE IF ENT 18 = 1 THEN (ENT 24 * ENT 17) ELSE (ENT 24 * ENT 13) 0 26. REORGANIZATION INCENTIVE DECIMAL (.25 OR .30) 0.00 27. UNCAPPED REORGANIZATION INCENTIVE AID (ENTS 25 * 26) 0 28. 95% (HNSBAR DISTRICTS 98%) OF THE TOTAL BUILDING EXPENSE ELIGIBLE FOR REORGANIZATION INCENTIVE IF ENT 18 = 1 THEN (ENT 24 * 0.98) ELSE (ENT 24 * 0.95) 0 29. MAXIMUM REORGANIZATION INCENTIVE AID(ENT 28 - ENT 25) 0 30. REORGANIZATION INCENTIVE BUILDING AID (LESSER OF ENT 27 OR ENT 29) 0 PART IV: NATIVE AMERICAN BUILDING AID PAYABLE DURING 2005-06 ______________________________________________________________ 31. NATIVE AMERICAN BUILDING AID 0 PLEASE NOTE: THE INFORMATION PRESENTED ON THIS OUTPUT REPORT PRESENTS THE COMBINED IMPACT OF THE FORMULAS GOVERNING THE SPECIFIED AID CATEGORIES, AS SET FORTH IN BOTH THE APPROPRIATIONS PROPOSED BY THE EXECUTIVE AND ENACTED BY THE LEGISLATURE AND THE ADDITIONAL APPROPRIATIONS ENACTED AS PART OF THE 2005-06 STATE BUDGET.NYSED HOME PAGE | STATE AID HOME PAGE | DISTRICT HOME PAGE