DISTRICT CODE: 580303 STATE AID 2003-04
DISTRICT NAME: AMAGANSETT DATE: APR 11, 2008
EDITION NO. 3252
DISTRICT LAST UPDATED ON 04/10/08
NOTE: DATA DISPLAYED IS TENTATIVE PENDING AUDIT
BUILDING FORMULA 3 AID OUTPUT REPORT(BLD3)
PART I: AIDABLE BUILDING AID EXPENSES FOR 2003-04 AID
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A. CAPITAL OUTLAY EXPENSES
(SEE SA-CAP OUTPUT REPORT FOR 2003-04 EXCESS CAPITAL
OUTLAY TRANSITION GRANTS FOR 2001-02 CAPITAL EXPENSE)
1. CAPITAL OUTLAY EXCEPTION EXPENSES
(PROJECTS < 100001, EMERGENCY, SMALL CITY) 0
2. NOT USED
B. AIDABLE DEBT SERVICE EXPENSE FOR 2003-04 AID
3. 2003-04 ASSUMED DEBT SERVICE: RETRO* 0
4. 2003-04 ASSUMED DEBT SERVICE: RETRO, REORG INCENTIVE
ELIGIBLE 0
5. 2003-04 CONTINUING DEBT SERVICE FOR WAIVERED BOND
ISSUES* 0
6. 2003-04 CONTINUING DEBT SERVICE FOR WAIVERED BOND
ISSUES, REORG INCENTIVE EIGIBLE 0
7. 2003-04 ASSUMED DEBT SERVICE: PROSPECTIVE** 0
8. 2003-04 ASSUMED DEBT SERVICE: PROSPECTIVE, REORG
INCENTIVE ELIGIBLE 0
9. 2003-04 APPROVED DEBT SERVICE: DORMITORY AUTHORITY
(SPECIAL ACT DISTRICTS ONLY) 0
10. TOTAL AIDABLE DEBT SERVICE FOR 03-04 AID
(ENT 3 + ENT 5 + ENT 7 + ENT 9) 0
11. TOTAL AIDABLE DEBT SERVICE FOR 03-04 AID, REORG
INCENTIVE ELIGIBLE (ENT 4 + ENT 6 + ENT 8) 0
*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.
CLICK HERE FOR BOND LEVEL INFORMATION
**PURSUANT TO CHAPTER 383 OF THE LAWS OF 2001, ASSUMED DEBT
SERVICE FOR PROJECTS APPROVED ON OR AFTER 12/1/01, OR WITH
OBLIGATIONS FIRST ISSUED ON OR AFTER 12/1/01.
PURSUANT TO CHAPTER 62 OF THE LAWS OF 2003, BUILDING PROJECTS WITH
COMMISSIONER APPROVAL BY 12/31/02 AND INCLUDED IN THE ESTIMATES
OF 2003-04 AID FOR THE FEBRUARY 15, 2003 SA0304 DATABASE, CL015-A
COMPUTER RUN DATED 2/15/03, ARE ELIGIBLE FOR AID IN 2003-04.
PROJECTS WITH COMMISSIONER APPROVAL BY 12/31/02 AND SIGNED
CONTRACTS ON FILE AFTER THE FEBRUARY 15, 2003 STATE AID DATABASE
WILL BE FIRST ELIGIBLE FOR AID IN 2004-05.
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
12. 2003-04 ASSUMED DEBT SERVICE FOR FIXED COST OF
REFINANCING 0
13. 2003-04 ASSUMED DEBT SERVICE FOR STATE SHARE OF
VARIABLE COSTS 0
14. 2003-04 ASSUMED DEBT SERVICE FOR STATE SHARE OF
ADDITIONAL PRINCIPAL 0
15. TOTAL ASSUMED DEBT SERVICE FOR STATE SHARE OF THE
BONDED COSTS OF REFINANCING (100% REIMBURSED)
(ENT 12 + ENT 13 + ENT 14) 0
16. 2003-04 ASSUMED DEBT SERVICE FOR LOCAL SHARE OF THE
VARIABLE COSTS OF REFINANCING 0
17. 2003-04 ASSUMED DEBT SERVICE FOR LOCAL SHARE OF THE
VARIABLE COSTS OF REFINANCING, REORG INCENTIVE
ELIGIBLE 0
18. 2002-03 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.
19. 2003-04 LEASE EXPENSE - NOT 10% ELIGIBLE 0
20. 2003-04 LEASE EXPENSE - 10% ELIGIBLE 0
21. 2003-04 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE
NOT 10% ELIGIBLE 0
22. 2003-04 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE
10% ELIGIBLE 0
E. METAL DETECTORS AND OTHER SECURITY DEVICES EXPENSE
23. 2002-03 APPROVED EXPENDITURES FOR METAL DETECTORS
AND OTHER SECURITY AND SAFETY DEVICES 0
PART II: CALCULATION OF 2003-04 BUILDING AID
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24. SELECTED 1999-00 BLDG AID RATIO MINUS 10% 0.000
25. 2003-04 RWADA AID RATIO 0.000
26. REVISED SELECTED 2003-04 BLDG AID RATIO
(GREATER OF ENT 24 OR 25, MAX .950) 0.000
27. BLDG AID RATIO FOR LOW WEALTH DISTRICTS 0.000
28. 2003-04 BLD3 SELECTED BUILDING AID RATIO
(GREATER OF ENT 26 OR 27, MAX .950) 0.000
29. 2003-04 BLD3 SELECTED BUILDING AID RATIO ENHANCED BY
10% INCENTIVE (MAX .950) 0.100
30. 2003-04 BLD3 10% INCENTIVE DECIMAL (ENT 29 - ENT 28) 0.100
31. AID RATIO AID FOR ASSUMED DEBT SERVICE: RETRO
(ENT 3 * ENT 28) 0
32. 10% INCENTIVE AID FOR ASSUMED DEBT SERVICE: RETRO
(ENT 3 * ENT 30) 0
33. AID RATIO AID FOR DEBT SERVICE ON WAIVERED BOND
ISSUES (ENT 5 * ENT 28) 0
34. 10% INCENTIVE AID FOR DEBT SERVICE ON WAIVERED BOND
ISSUES (ENT 5 * ENT 30) 0
35. AID RATIO AID BLDG AID FOR ASSUMED DEBT SERVICE:
PROSPECTIVE (ENT 7 * ENT 28) 0
36. 10% INCENTIVE AID FOR ASSUMED DEBT SERVICE:
PROSPECTIVE (ENT 7 * ENT 30) 0
37. AID RATIO AID FOR DEBT SERVICE: DORMITORY AUTHORITY
(SPECIAL ACT DISTRICTS ONLY) (ENT 9 * ENT 28) 0
38. 10% INCENTIVE AID FOR DEBT SERVICE: DORMITORY AUTHORITY
(SPECIAL ACT DISTRICTS ONLY) (ENT 9 * ENT 30) 0
39. BLDG AID FOR THE STATE SHARE OF TOTAL BONDED
REFINANCING COSTS (100% REIMBURSED) (ENT 15) 0
40. AID RATIO AID FOR THE LOCAL SHARE OF BONDED VARIABLE
REFINANCING COSTS (ENT 16 * ENT 28) 0
41. 10% INCENTIVE AID FOR THE LOCAL SHARE OF BONDED
VARIABLE REFINANCING COSTS (ENT 16 * ENT 30) 0
42. BLDG AID FOR COSTS OF REFINANCING NOT PAID FROM THE
PROCEEDS OF REFUNDING BONDS (100% REIMBURSED)(ENT 18) 0
43. AID RATIO AID FOR LEASE EXPENSE
((ENT 19 + ENT 20) * ENT 28) 0
44. BLDG AID FOR LEASE EXPENSE ELIGIBLE FOR 10% INCENTIVE
(ENT 20 * ENT 30) 0
45. AID RATIO AID FOR CAPITAL OUTLAY EXCEPTIONS
(ENT 1 * ENT 28) 0
46. 10% INCENTIVE AID FOR CAPITAL OUTLAY EXCEPTIONS
(ENT 1 * ENT 30) 0
47. BLDG AID FOR METAL DETECTORS AND OTHER SECURITY AND
SAFETY DEVICES (ENT 23 * ENT 25) 0
48. TOTAL REGULAR BUILDING AID: AID RATIO AID AND 100%
REIMBURSABLE (ENTRIES 31+33+35+37+39+40+42+43+45+47) 0
49. TOTAL REGULAR BUILDING AID: 10% INCENTIVE
(ENTRIES 32 + 34 + 36 + 38 + 41 + 44 + 46) 0
50. TOTAL REGULAR BUILDING AID INCLUDING 10% INCENTIVE
(ENT 48 + ENT 49) 0
PART III. CALCULATION OF 2003-04 REORGANIZATION INCENTIVE BUILDING
__________________________________________________________________
AID
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51. TOTAL BUILDING EXPENSE REORGANIZATION INCENTIVE
ELIGIBLE (ENT 11 + ENT 17 + ENT 21 + ENT 22) 0
52. BUILDING AID ON REORG INCENTIVE ELIGIBLE EXPENSE
(ENT 51 * ENT 29) 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 2003-04
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58. NATIVE AMERICAN BUILDING AID 0
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