BLDG10 AID DISTRICT CODE: 200401 STATE AID 2008-09 DISTRICT NAME: INDIAN LAKE DATE: JAN 30, 2018 EDITION NO. 4627 DISTRICT LAST UPDATED ON 01/29/18 NOTE: DATA DISPLAYED IS TENTATIVE PENDING AUDIT BUILDING FORMULA 10% AID OUTPUT REPORT(BLD10) PART I: AIDABLE BUILDING AID EXPENSES FOR 2008-09 AID ______________________________________________________ A. CAPITAL OUTLAY EXPENSES 1. CAPITAL OUTLAY EXCEPTION EXPENSES (PROJECTS < 100001, EMERGENCY, SMALL CITY) 0 2. NOT USED B. AIDABLE DEBT SERVICE EXPENSE FOR 2008-09 AID 3. 2008-09 ASSUMED DEBT SERVICE: RETRO* 0 4. 2008-09 ASSUMED DEBT SERVICE: RETRO, REORG INCENTIVE ELIGIBLE 0 5. 2008-09 CONTINUING DEBT SERVICE FOR WAIVERED BOND ISSUES* 0 6. 2008-09 CONTINUING DEBT SERVICE FOR WAIVERED BOND ISSUES, REORG INCENTIVE EIGIBLE 0 7. 2008-09 ASSUMED DEBT SERVICE: PROSPECTIVE** 0 8. 2008-09 ASSUMED DEBT SERVICE: PROSPECTIVE, REORG INCENTIVE ELIGIBLE 0 9. 2008-09 APPROVED DEBT SERVICE: DORMITORY AUTHORITY (SPECIAL ACT DISTRICTS ONLY) 0 10. 2008-09 ASSUMED AMORTIZATION FOR CAPITAL OUTLAYS INCURRED AFTER 6/30/02 FOR PROJECTS APPROVED BEFORE 7/1/02 0 11. 2008-09 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 08-09 AID (ENT 3 + ENT 5 + ENT 7 + ENT 9 + ENT 10) 0 13. TOTAL AIDABLE DEBT SERVICE FOR 08-09 AID, REORG INCENTIVE ELIGIBLE (ENT 4 + ENT 6 + ENT 8 + ENT 11) 0 CLICK HERE FOR 0809 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 EDUCATION LAW 3602-6E(3)(a), BUILDING PROJECTS WITH COMMISSIONER APPROVAL BY 12/31/07 AND INCLUDED IN THE ESTIMATES OF 2008-09 AID FOR THE ENACTED SA0809 COMPUTER RUN DATED 4/03/08, ARE ELIGIBLE FOR AID IN 2008-09. FOR PROJECTS WITH COMMISSIONER APPROVAL BY 12/31/07 BUT WITHOUT NOTIFICATION OF A SIGNED CONTRACT ON FILE WITH THE DEPARTMENT BY THE NOVEMBER 2007 DATABASE WILL BE FIRST ELIGIBLE FOR AID IN 2009-10. 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. 2008-09 ASSUMED DEBT SERVICE FOR FIXED COST OF REFINANCING 0 15. 2008-09 ASSUMED DEBT SERVICE FOR STATE SHARE OF VARIABLE COSTS 0 16. 2008-09 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. 2008-09 ASSUMED DEBT SERVICE FOR LOCAL SHARE OF THE VARIABLE COSTS OF REFINANCING 0 19. 2008-09 ASSUMED DEBT SERVICE FOR LOCAL SHARE OF THE VARIABLE COSTS OF REFINANCING, REORG INCENTIVE ELIGIBLE 0 20. 2007-08 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. 2008-09 LEASE EXPENSE - NOT 10% ELIGIBLE 0 22. 2008-09 LEASE EXPENSE - 10% ELIGIBLE 0 23. 2008-09 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE NOT 10% ELIGIBLE 0 24. 2008-09 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE 10% ELIGIBLE 0 PART II: CALCULATION OF 2008-09 BUILDING AID ____________________________________________ 25. 2008-09 BUILDING AID RATIO 0.000 26. 2007-08 SELECTED BUILDING AID RATIO 0.089 27. SELECTED 2008-09 BUILDING AID RATIO 0.089 28. 2008-09 ENHANCED AID RATIO (LESSER OF ENT 27 + .100 OR .950) 0.189 29. 2008-09 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) 0 45. 10% INCENTIVE AID FOR ASSUMED AMORTIZATION CAPITAL OUTLAYS (ENT 10 * ENT 29) 0 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) 0 49. TOTAL REGULAR BUILDING AID: 10% INCENTIVE (ENTRIES 31 + 33 + 35 + 37 + 40 + 43 + 45 + 47) 0 50. TOTAL REGULAR BUILDING AID INCLUDING 10% INCENTIVE (ENT 48 + ENT 49) 0 PART III: CALCULATION OF 2008-09 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 2008-09 ______________________________________________________________ 58. NATIVE AMERICAN BUILDING AID 0 PART V: SPECIAL LEGISLATION _____________________________ 59. APPROVED DEBT SERVICE EXPENSE [13 305] 0 60. SPECIAL AID RATIO CALCULATION 0.000 61. SPECIAL LEGISLATION AID 0NYSED HOME PAGE | STATE AID HOME PAGE | DISTRICT HOME PAGE