DISTRICT CODE:  280217                                     STATE AID    2001-02     
DISTRICT NAME:  FRANKLIN SQUAR                             DATE:  OCT  23, 2008     
                                                           EDITION NO.     5308     
DISTRICT LAST UPDATED ON 10/22/08                                                   
NOTE: DATA DISPLAYED IS TENTATIVE PENDING AUDIT                                     
                                                                                    
BUILDING FORMULA 10% AID OUTPUT REPORT(BLD10)                                       
                                                                                    
 PART I:  REGULAR BUILDING AID                                                      
 _____________________________                                                      
                                                                                    
 A.  CAPITAL OUTLAY EXPENSES                                                        
     CURRENT APPROPRIATIONS OR CAPITAL RESERVES                                     
                                                                                    
      1. 2000-01 APPROVED CAPITAL OUTLAY EXPS         (80 025)           320,605    
      2. 2000-01 CAPITAL OUTLAY EXPENSE                                             
         REORGANIZATION INCENTIVE ELIGIBLE            (80 027)                 0    
                                                                                    
 B.  DEBT SERVICE EXPS FOR BONDS AND CAPITAL NOTES ISSUED PRIOR TO                  
     JULY 1, 2001 PLUS 2000-01 EXCESS BANS / NEW DEBT                               
                                                                                    
      3. 2001-02 NET APPROVED DEBT SERVICE                                     0    
      4. 2001-02 NET APPROVED DEBT SERVICE REORGANIZATION                           
         INCENTIVE ELIGIBLE                                                    0    
      5. 2001-02 NET APPROVED DEBT SERVICE DORMITORY AUTHORITY                 0    
      6. 2001-02 NET APPROVED DEBT SERVICE DORMITORY AUTHORITY                      
         REORGANIZATION INCENTIVE ELIGIBLE                                     0    
      7. 2000-01 EXCESS BANS/NEW DEBT - AIDABLE 2001-02                        0    
      8. 2000-01 EXCESS BANS/NEW DEBT REORG INCENTIVE ELIGIBLE                      
         AIDABLE IN 2001-02                                                    0    
      9. TOTAL 2001-02 AIDABLE DEBT SERVICE PLUS 2000-01                            
         EXCESS BANS/NEW DEBT          (ENT 3 + ENT 5 + ENT 7)                 0    
     10. 2001-02 NET AIDABLE DEBT SERVICE ELIGIBLE FOR REORG                        
         INCENTIVE PLUS 2000-01 EXCESS BANS/NEW DEBT SERVICE                        
         ELIGIBLE FOR REORGANIZATION INCENT   (ENT4+ENT6+ENT8)                 0    
     11. 2000-01 EXCESS CONTINUING DEBT SERVICE AIDABLE IN                          
         2001-02                                                               0    
     12. 2000-01 EXCESS CONTINUING DEBT SERVICE REORG INCENT                        
         ELIGIBLE AIDABLE IN 2001-02                                           0    
                                                                                    
 C.  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.                                                                        
                                                                                    
     13. 2001-02 APPROVED LEASE EXPENSE - NOT 10% ELIGIBLE                     0    
     14. 2001-02 APPROVED LEASE EXPENSE ELIGIBLE 10%  (80 037)                 0    
     15. 2001-02 APPROVED LEASE EXPENSE REORG INCENT ELIGIBLE -                     
         NOT 10% ELIGIBLE                                                      0    
     16. 2001-02 APPROVED LEASE EXPENSE REORG INCENTIVE                             
         ELIGIBLE                                     (80 039)                 0    
                                                                                    
 D.  CALCULATION OF BUILDING AID FOR PAYMENTS THROUGH JUNE, 2002                    
      (DOES NOT INCLUDE 2001-02 BANS/NEW DEBT SERVICES)                             
                                                                                    
     17. 2001-02 BUILDING AID RATIO                                        0.308    
     18. 2000-01 SELECTED BUILDING AID RATIO                               0.454    
     19. SELECTED 2001-02 BUILDING AID RATIO                                        
                       (GREATER OF ENT 17 OR ENT 18, MAX .950)             0.454    
     20. 2001-02 ENHANCED AID RATIO                                                 
                            (LESSER OF ENT 19  + .100 OR .950)             0.554    
     21. 2001-02 10% INCENTIVE DECIMAL       (ENT 20 - ENT 19)             0.100    
     22. REGULAR BUILDING AID FOR CAPITAL OUTLAY                                    
                                              (ENT 1 * ENT 19)           145,555    
     23. BUILDING AID FOR CAPITAL OUTLAY EXPENSE ELIGIBLE FOR                       
         10% INCENTIVE                        (ENT 1 * ENT 21)            32,061    
     24. REGULAR BLDG AID FOR CONTINUING DEBT SERVICE AND                           
         2000-01 EXCESS BANS/NEW DEBT SERVICE                                       
                                     (ENT 9 + ENT 11 * ENT 19)                 0    
     25. BUILDING AID FOR CONTINUING DEBT SERVICE AND 2000-01                       
         EXCESS BANS/NEW DEBT SVC ELIGIBLE FOR 10% INCENTIVE                        
                                     (ENT 9 + ENT 11 * ENT 21)                 0    
     26. REGULAR BUILDING AID FOR LEASE EXPENSE                                     
                                    (ENT 13 + ENT 14 * ENT 19)                 0    
     27. BUILDING AID FOR LEASE EXPENSE ELIGIBLE FOR 10%                            
         INCENTIVE                               (ENT 14 * 21)                 0    
     28. TOTAL REGULAR BUILDING AID                                                 
                                    (ENT 22 + ENT 24 + ENT 26)           145,555    
     29. ADDITIONAL AID DUE TO 10% INCENTIVE DECIMAL                                
                                    (ENT 23 + ENT 25 + ENT 27)            32,061    
     30. TOTAL REGULAR BUILDING AID INCL 10% INCENTIVE                              
                                             (ENT 28 + ENT 29)           177,616    
                                                                                    
 PART II:  SPECIAL LEGISLATION                                                      
 _____________________________                                                      
                                                                                    
     31. ELIGIBLE EXPENSE                             [10 313]                 0    
     32. APPROVED CAPITAL OUTLAY EXPENSE              [10 314]                 0    
     33. APPROVED DEBT SERVICE EXPENSE                [10 315]                 0    
     34. TOTAL APPROVED EXPENSE                         CALC                   0    
     35. TOTAL APPROVED EXPENSE REORG INCENT ELIGIBLE   CALC                   0    
     36. SPECIAL AID RATIO                              CALC               0.000    
     37. TOTAL SPECIAL LEGISLATION AID INCL REORG INCENT CALC                  0    
                                                                                    
 PART III:  SUMMARY: REORGANIZATION INCENTIVE BUILDING AID FOR PAYMENTS             
 ______________________________________________________________________             
            THROUGH JUNE, 2002 (DOES NOT INCLUDE 2001-02 BANS AND NEW               
            _________________________________________________________               
            DEBT SERVICE)                                                           
            _____________                                                           
                                                                                    
     38. TOTAL BUILDING EXPENSE REORGANIZATION INCENTIVE                            
         ELIGIBLE  (ENT 2 + ENT 10 + ENT 12 + ENT 15 + ENT 16)                 0    
     39. BUILDING AID ON REORG INCENT PROJS  (ENT 38 * ENT 20)                 0    
     40. REORGANIZATION INCENTIVE DECIMAL         (.25 OR .30)              0.00    
     41. UNCAPPED REORG INCENTIVE AID        (ENT 39 * ENT 40)                 0    
     42. 95% OF THE TOTAL EXPENSE ELIGIBLE FOR REORGANIZATION                       
         INCENTIVE                              (ENT 38 * .95)                 0    
     43. MAXIMUM REORGANIZATION INCENTIVE AID                                       
        (95% OF TOTAL BLDG EXPENSE ELIGIBLE FOR REORGANIZATION                      
        INCENTIVE MINUS BUILDING AID)        (ENT 42 - ENT 39)                 0    
     44. REORGANIZATION INCENTIVE BUILDING AID                                      
                                        (LSR ENT 41 OR ENT 43)                 0    
                                                                                    
 PART IV: NATIVE AMERICAN BUILDING AID PAYABLE DURING 2001-02                       
 ____________________________________________________________                       
     45. NATIVE AMERICAN BUILDING AID                                        N/A    
                                                                                    
                                                                                    

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