New York State Education Department 12/29/11
Office of Management Services
Local Assistance/State Aid
District Name: LAKELAND CSD District Code: 662401
2011-12 Combined Fixed & Individualized General Aid Payment Schedule
with Spring Advance
1. 2011-12 General Aid Payable for Oct & Nov $24,425,426.00
2. 2011-12 General Aid Payable for Dec Payment $24,333,756.00
3. 2011-12 General Aid Jan-Jun (frozen 12/01/11) $24,333,756.00
4. 2011-12 Lottery VLT Grant $1,144,617.22
ADVANCES and FALL PAYMENTS:
5. General Aid Advances (incl Ch121 L1996 amended) $0.00
6. Lottery Advances $0.00
7. Lottery Ratio Aid Payment $4,561,201.94
8. NYC & Yonkers SA-1 (Chap 2 Laws 2011) $0.00
9. Rochester Accrual (Chap 94 Laws 2002) $0.00
10. Public Pension Accrual (Chap 2 Laws 2011) $0.00
11. NYS Teacher Retirement Payments $7,167,249.66
12. October Gross Payment Amount $0.00
13. November Gross Payment Amount $0.00
14. December Gross Payment Amount $0.00
15. Balance 2011-12 S.3609-a General Aids due District $11,460,687.18
BASIC DATA FOR INDIVIDUALIZED MONTHLY PAYMENTS:
A. 2010-11 Total General Fund Expense 142,020,900.00
B. 2010-11 Non S.3609-a General Fund Aids 12,798,115.00
C. 2010-11 TRS Obligation 5,252,709.00
D. 2010-11 Building Debt Service 5,888,234.00
E. 2011-12 Building Debt Service 6,053,924.00
F. 2011-12 Lottery + Fixed Payments 4,561,201.94
G. Net TGFE for Indv Payments (A-B-C-D+E-F) 119,574,564.06
WINTER PAYMENTS:**
16. January (on or before 01/31/12) $0.00
17. February (on or before 02/29/12) $0.00
18. March* (on or before 03/30/12) $0.00
SPRING ADVANCE:
19. Total April-June Payments before Spring Advance: $11,460,687.18
20. Sust Spring Adv (Ln 19 x .265365834620) @ 03/31/12*** $3,133,154.07
NET SPRING PAYMENTS after Spring Advance:
21. Net April Payment (on or before 04/30/12) $0.00
22. Net May Payment (on or before 05/31/12) $0.00
23. Net Est. June Payment (on or before 06/29/12)*** $8,327,533.11
*If necessary the March payment may be reduced to ensure that no more than the
State Fiscal Year appropriation for General Support for Public Schools is
expended by 03/31/12. Any reduction would then be added to the June payment.
**This Advance will have 50% of the Federal Share of Medicaid Payments made
04/01/11 and 12/31/11 deducted from it. This amount is unknown at this time.
***The June payment will be recalculated based on data on file as of 05/01/12.
It will be based on the lesser of the district's calculated aid including Full
Day K or the 'SA1112' run. This payment will also be reduced by 50% of
the Federal Share of Medicaid Payments received between 01/01/12 and 03/31/12.
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