DISTRICT CODE: 200701 STATE AID 2007-08
DISTRICT NAME: LONG LAKE DATE: OCT 29, 2015
EDITION NO. 4392
DISTRICT LAST UPDATED ON 10/27/15
NOTE: DATA DISPLAYED IS TENTATIVE PENDING AUDIT
BUILDING AID OUTPUT REPORT (BLD-SBA) PAGE 1
A. SUMMARY OF AID
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1. TOTAL REGULAR BUILDING AID INCLUDING REORGANIZATION
INCENTIVE AID, SPECIAL LEGISLATION AND NATIVE
AMERICAN AID FOR PROJECTS WITH VOTER APPROVAL PRIOR
TO 7/1/98 0
2. TOTAL REGULAR BUILDING AID INCLUDING REORGANIZATION
INCENTIVE AID, SPECIAL LEGISLATION AND NATIVE
AMERICAN AID FOR PROJECTS WITH VOTER APPROVAL ON OR
AFTER 7/1/98 BUT PRIOR TO 7/1/2000 0
3. TOTAL REGULAR BUILDING AID INCLUDING REORGANIZATION
INCENTIVE AID, SPECIAL LEGISLATION AND NATIVE
AMERICAN AID FOR PROJECTS WITH VOTER APPROVAL ON OR
AFTER 7/1/2000 BUT PRIOR TO 7/1/2005 9,675
4. TOTAL REGULAR BUILDING AID INCLUDING REORGANIZATION
INCENTIVE AID AND NATIVE AMERICAN AID FOR PROJECTS
WITH VOTER APPROVAL ON OR AFTER 7/1/2005 0
5A. TOTAL BUILDING AID PAYABLE FOR JULY 2007 DEFERRED
PROSPECTIVE BUILDING AID 1,716
5B. TOTAL BUILDING AID PAID FOR JULY 2007 DEFERRED
PROSPECTIVE BUILDING AID 1,840
5C. BALANCE OF THE BUILDING AID PAYABLE IN 2007-08 FOR THE
JULY 2007 DEFERRED PROSPECTIVE BUILDING AID
(ENT 5A - ENT 5B) -124
6. NOT USED
B. SUMMARY OF BUILDING AID RATIOS
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I. 2007-08 BUILDING AID RATIO FOR PROJECTS WITH VOTER APPROVAL
PRIOR TO 7/1/98
7. 2004 ACTUAL VALUATION 362,134,295
8. 2005-06 RWADA 70
9. 2004 ACTUAL VALUATION/2005-06 RWADA 5,173,347
10. ENTRY 9 / 510000 10.143
11. ENTRY 10 * .510 5.172
12. 2007-08 RWADA AID RATIO (1.000 - ENTRY 11, MAX .950) 0.000
13. SELECTED 2006-07 BLDG AID RATIO 0.000
14. SELECTED 2007-08 BLDG AID RATIO (> OF ENT12 OR ENT13) 0.000
II. 2007-08 BUILDING AID RATIO FOR PROJECTS WITH VOTER APPROVAL
ON OR AFTER 7/1/98 BUT PRIOR TO 7/1/2000
15. SELECTED 2007-08 BLDG AID RATIO ENHANCED BY 10%
INCENTIVE (ENT 14 + .100, MAX .950) 0.100
III. 2007-08 BUILDING AID RATIO FOR PROJECTS WITH VOTER APPROVAL
ON OR AFTER 7/1/2000 BUT PRIOR TO 7/1/2005
16. SELECTED 1999-00 BLDG AID RATIO MINUS 10% 0.000
17. REVISED SELECTED 2007-08 BLDG AID RATIO
(> OF ENT 12 OR ENT 16, MAX .950) 0.000
18. BUILDING AID RATIO FOR LOW WEALTH AID ELIGIBLE SCHOOL
DISTRICTS (LOW WEALTH DISTRICTS INCLUDE THOSE WHOSE
PUPIL WEALTH RATIO IS > 2.5 AND ALTERNATE PUPIL
WEALTH RATIO IS < .85) (1.263 * SEL SHARING RATIO) 0.000
19. 2007-08 BLD3 SELECTED BUILDING AID RATIO FOR LOW
WEALTH SCHOOL DISTRICTS
(GREATER OF ENT 17 OR ENT 18, MAX .950) 0.000
20. 2007-08 BLD3 SELECTED BUILDING AID RATIO ENHANCED
BY 10% INCENTIVE (ENT 17 + .100, MAX .950) 0.100
IV. 2007-08 BUILDING AID RATIO FOR PROJECTS WITH VOTER APPROVAL
ON OR AFTER 7/1/2005
21. HIGH NEEDS SUPPLEMENT (ENT 17 * .05) 0.000
22. 0.98 MINUS 2007-08 SEL BUILDING AID RATIO BEFORE 10%
(0.98 - ENT 17) 0.000
23. HIGH NEEDS SUPPLEMENTAL BUILDING AID RATIO (HNSBAR)
(LESSER OF ENT 22 OR ENT 21) 0.000
24. SELECTED 2007-08 BUILDING AID RATIO BEFORE 10% PLUS
HNSBAR (ENT 17 + ENT 23) 0.000
25. SELECTED 2007-08 BUILDING AID RATIO + HNSBAR ENHANCED
BY 10% INCENTIVE (ENT 24 + .100, MAX .980) 0.000
26. 2007-08 BLD4 SELECTED BUILDING AID RATIO ENHANCED
BY 10% INCENTIVE (NON-HNSBAR DISTRICTS) (ENT 20) 0.100
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