541201 SCHOHARIE CSD
******************************************************************************
Amount Issued: 1,950,000 BLD
Date of Original Issuance: 03-Apr-96
__________________________________________________________________________
New Alt./ Max. Weighted
Bldg Proj Allowable Constr. Additions Reconstr Projec Useful
. . Cost Cost Cost Cost t Life Life
__________________________________________________________________________
0001 002 1,180,330 0 0 1,180,330 15.0 17,704,950
0002 002 887,977 0 0 887,977 15.0 13,319,655
5005 001 61,585 0 0 61,585 15.0 923,775
___________________________________________________________________________
2,129,892 31,948,380
____ Blended Maximum Useful Life: 15.0
Original Term of Bond: 9.0
Selected Maximum Useful Life: 15.0
Period Prior to 1 July 2002: 6.0
Sel. Remaining Term for Amortization: 9.0
Principal Outstanding as of July 2002: 750,000
Assumed Interest Rate: 4.500%
Debt Service for Amortization Year 6 of 9 : 102,266
Bond Percent: 99.760%
Aidable Debt Service for Amortization Year 6 of 9 102,021
Additional Costs Attributable to Refinancing
____________________________________________
A. Total Amount of Refinancing Issued (SA-132A #7): 770,000
B. Bond Percent: 99.760%
C. Applicable Building Aid Ratio: 83.8%
D. State Share of Outstanding Principal (SA132-A #3 * B * C): 626,992
E. Amount of Original Principal Refinanced: (SA132-A # 4) 750,000
F. State Share Ratio: (D / E) 83.5%
G. Total Fixed Costs Aided at 100% (SA132-A # 13): 2,306
H. Total Variable Costs of Refinancing (SA132-A # 23): 18,498
I. State Share of Variable Costs Aided at 100%:( H * F) 15,446
J. Total Principal Added(A - E - G - H): 0
K. State Share of Additional Principal Aided at 100% (J * F): 0
L. Total Refinancing Costs Aided at 100% (G + I + K): 17,752
M. Local Share of Variable Costs Aided at State Share (H - I): 3,052
Assumed Aidable Debt Service for Refinancing
____________________________________________
Assumed Debt Service for Fixed Costs: 314
Assumed Debt Service for State Share of Variable Costs: 2,106
Assumed Debt Service for State Share of Additional Principal: 0
Assumed Debt Service for Local Share of Variable Costs: * 415
* After application of Bond Percent.
******************************************************************************
Amount Issued: 2,950,000 BLD
Date of Original Issuance: 26-Mar-98
__________________________________________________________________________
New Alt./ Max. Weighted
Bldg Proj Allowable Constr. Additions Reconstr Projec Useful
. . Cost Cost Cost Cost t Life Life
__________________________________________________________________________
0001 004 203,888 0 0 203,888 15.0 3,058,320
0002 004 2,539,661 0 2,539,661 0 20.0 50,793,220
5005 002 206,450 0 184,085 22,365 19.5 4,025,775
___________________________________________________________________________
2,949,999 57,877,315
____ Blended Maximum Useful Life: 19.5
Original Term of Bond: 15.0
Selected Maximum Useful Life: 19.5
Period Prior to 1 July 2002: 5.0
Sel. Remaining Term for Amortization: 14.5
Principal Outstanding as of July 2002: 2,150,000
Assumed Interest Rate: 4.500%
Debt Service for Amortization Year 6 of 14.5 : 203,480
Bond Percent: 99.999%
Aidable Debt Service for Amortization Year 6 of 203,478
Additional Costs Attributable to Refinancing
____________________________________________
A. Total Amount of Refinancing Issued (SA-132A #7): 2,235,000
B. Bond Percent: 99.999%
C. Applicable Building Aid Ratio: 83.8%
D. State Share of Outstanding Principal (SA132-A #3 * B * C): 1,801,682
E. Amount of Original Principal Refinanced: (SA132-A # 4) 2,150,000
F. State Share Ratio: (D / E) 83.7%
G. Total Fixed Costs Aided at 100% (SA132-A # 13): 6,688
H. Total Variable Costs of Refinancing (SA132-A # 23): 61,766
I. State Share of Variable Costs Aided at 100%:( H * F) 51,698
J. Total Principal Added(A - E - G - H): 16,546
K. State Share of Additional Principal Aided at 100% (J * F): 13,849
L. Total Refinancing Costs Aided at 100% (G + I + K): 72,235
M. Local Share of Variable Costs Aided at State Share (H - I): 10,068
Assumed Aidable Debt Service for Refinancing
____________________________________________
Assumed Debt Service for Fixed Costs: 632
Assumed Debt Service for State Share of Variable Costs: 4,892
Assumed Debt Service for State Share of Additional Principal: 1,310
Assumed Debt Service for Local Share of Variable Costs: * 952
* After application of Bond Percent.
******************************************************************************
Amount Issued: 199,995 BLD-10
Date of Original Issuance: 10-Mar-99
__________________________________________________________________________
New Alt./ Max. Weighted
Bldg Proj Allowable Constr. Additions Reconstr Projec Useful
. . Cost Cost Cost Cost t Life Life
__________________________________________________________________________
7999 001 304,343 0 0 304,343 15.0 4,565,145
___________________________________________________________________________
304,343 4,565,145
____ Blended Maximum Useful Life: 15.0
Original Term of Bond: 11.0
Selected Maximum Useful Life: 15.0
Period Prior to 1 July 2002: 2.0
Sel. Remaining Term for Amortization: 13.0
Principal Outstanding as of July 2002: 180,701
Assumed Interest Rate: 4.500%
Debt Service for Amortization Year 6 of 13 : 18,512
Bond Percent: 98.918%
Aidable Debt Service for Amortization Year 6 of 13 18,312
******************************************************************************
Amount Issued: 1,543,296 BLD-10
Date of Original Issuance: 22-Mar-00
__________________________________________________________________________
New Alt./ Max. Weighted
Bldg Proj Allowable Constr. Additions Reconstr Projec Useful
. . Cost Cost Cost Cost t Life Life
__________________________________________________________________________
0001 005 1,731,650 0 0 1,731,650 15.0 25,974,750
___________________________________________________________________________
1,731,650 25,974,750
Blended Maximum Useful Life: 15.0
Original Term of Bond: 10.0
Selected Maximum Useful Life: 15.0
Period Prior to 1 July 2002: 3.0
Sel. Remaining Term for Amortization: 12.0
Principal Outstanding as of July 2002: 350,000
Assumed Interest Rate: 4.500%
Debt Service for Amortization Year 6 of 12 : 38,066
Bond Percent: 100.000%
Aidable Debt Service for Amortization Year 6 of 12 38,066
Additional Costs Attributable to Refinancing
____________________________________________
A. Total Amount of Refinancing Issued (SA-132A #7): 370,000
B. Bond Percent: 100.000%
C. Applicable Building Aid Ratio: 93.8%
D. State Share of Outstanding Principal (SA132-A #3 * B * C): 328,300
E. Amount of Original Principal Refinanced: (SA132-A # 4) 350,000
F. State Share Ratio: (D / E) 93.7%
G. Total Fixed Costs Aided at 100% (SA132-A # 13): 1,106
H. Total Variable Costs of Refinancing (SA132-A # 23): 6,974
I. State Share of Variable Costs Aided at 100%:( H * F) 6,535
J. Total Principal Added(A - E - G - H): 11,920
K. State Share of Additional Principal Aided at 100% (J * F): 11,169
L. Total Refinancing Costs Aided at 100% (G + I + K): 18,810
M. Local Share of Variable Costs Aided at State Share (H - I): 439
Assumed Aidable Debt Service for Refinancing
____________________________________________
Assumed Debt Service for Fixed Costs: 120
Assumed Debt Service for State Share of Variable Costs: 710
Assumed Debt Service for State Share of Additional Principal: 1,214
Assumed Debt Service for Local Share of Variable Costs: * 48
* After application of Bond Percent.
******************************************************************************
End of Report
NYSED HOME PAGE | STATE AID HOME PAGE | DISTRICT HOME PAGE