DISTRICT CODE: 121901 STATE AID 2004-05
DISTRICT NAME: WALTON DATE: JULY 4, 2008
EDITION NO. 2722
DISTRICT LAST UPDATED ON 07/03/08
NOTE: DATA DISPLAYED IS TENTATIVE PENDING AUDIT
BUILDING FORMULA AID OUTPUT REPORT (BLD) PAGE 1
PART I: AIDABLE BUILDING AID EXPENSES FOR 2004-05 AID
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A. CAPITAL OUTLAY EXPENSES
1. CAPITAL OUTLAY EXCEPTION EXPENSES
(PROJECTS < 100001, EMERGENCY, SMALL CITY) 0
2. NOT USED
B. AIDABLE DEBT SERVICE EXPENSE FOR 2004-05 AID
3. 2004-05 ASSUMED DEBT SERVICE: RETRO* 612,602
4. 2004-05 ASSUMED DEBT SERVICE: RETRO, REORG INCENTIVE
ELIGIBLE 0
5. 2004-05 CONTINUING DEBT SERVICE FOR WAIVERED BOND
ISSUES* 0
6. 2004-05 CONTINUING DEBT SERVICE FOR WAIVERED BOND
ISSUES, REORG INCENTIVE EIGIBLE 0
7. 2004-05 ASSUMED DEBT SERVICE: PROSPECTIVE** 0
8. 2004-05 ASSUMED DEBT SERVICE: PROSPECTIVE, REORG
INCENTIVE ELIGIBLE 0
9. 2004-05 APPROVED DEBT SERVICE: DORMITORY AUTHORITY
(SPECIAL ACT DISTRICTS ONLY) 0
10. 2004-05 ASSUMED AMORTIZATION FOR CAPITAL OUTLAYS
INCURRED AFTER 6/30/02 FOR PROJECTS APPROVED BEFORE
7/01/02 0
11. 2004-05 ASSUMED AMORTIZATION FOR CAPITAL OUTLAYS
INCURRED AFTER 6/30/02 FOR PROJECTS APPROVED BEFORE
7/01/02, REORG INCENTIVE ELIGIBLE 0
12. TOTAL AIDABLE DEBT SERVICE FOR 04-05 AID
(ENT 3 + ENT 5 + ENT 7 + ENT 9 + ENT 10) 612,602
13. TOTAL AIDABLE DEBT SERVICE FOR 04-05 AID, REORG
INCENTIVE ELIGIBLE (ENT 4 + ENT 6 + ENT 8 + ENT 11) 0
CLICK HERE FOR 0506 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 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 57 OF THE LAWS OF 2004, BUILDING PROJECTS WITH
COMMISSIONER APPROVAL BY 12/31/03 AND INCLUDED IN THE ESTIMATES
OF 2004-05 AID FOR THE ENACTED SA0405 COMPUTER RUN DATED 8/09/04,
ARE ELIGIBLE FOR AID IN 2004-05. PROJECTS WITH COMMISSIONER
APPROVAL BY 12/31/03 AND SIGNED CONTRACTS ON FILE AFTER FEBRUARY
15, 2004 WILL BE FIRST ELIGIBLE FOR AID IN 2005-06.
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. 2004-05 ASSUMED DEBT SERVICE FOR FIXED COST OF
REFINANCING 2,484
15. 2004-05 ASSUMED DEBT SERVICE FOR STATE SHARE OF
VARIABLE COSTS 11,308
16. 2004-05 ASSUMED DEBT SERVICE FOR STATE SHARE OF
ADDITIONAL PRINCIPAL 60,724
17. TOTAL ASSUMED DEBT SERVICE FOR STATE SHARE OF THE
BONDED COSTS OF REFINANCING (100% REIMBURSED)
(ENT 14 + ENT 15 + ENT 16) 74,516
18. 2004-05 ASSUMED DEBT SERVICE FOR LOCAL SHARE OF THE
VARIABLE COSTS OF REFINANCING 2,776
19. 2004-05 ASSUMED DEBT SERVICE FOR LOCAL SHARE OF THE
VARIABLE COSTS OF REFINANCING, REORG INCENTIVE
ELIGIBLE 0
20. 2003-04 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. 2004-05 LEASE EXPENSE 0
22. 2004-05 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE 0
PART II: CALCULATION OF 2004-05 BUILDING AID
____________________________________________
23. 2004-05 BUILDING AID RATIO 0.664
24. 2003-04 SELECTED BUILDING AID RATIO 0.803
25. SELECTED 2004-05 BUILDING AID RATIO
(GREATER OF ENT 23 OR ENT 24, MAX .950) 0.803
26. BLDG AID FOR ASSUMED DEBT SERVICE:RETRO(ENT 3*ENT 25) 491,920
27. BLDG AID FOR DEBT SERVICE ON WAIVERED BOND ISSUES
(ENT 5 * ENT 25) 0
28. BLDG AID FOR ASSUMED DEBT SERVICE: PROSPECTIVE
(ENT 7 * ENT 25) 0
29 BLDG AID FOR DEBT SERVICE: DORMITORY AUTHORITY
(SPECIAL ACT DISTRICTS ONLY) (ENT 9 * ENT 25) 0
30. BLDG AID FOR THE STATE SHARE OF TOTAL BONDED
REFINANCING COSTS (100% REIMBURSED) (ENT 17) 74,516
31. BLDG AID FOR THE LOCAL SHARE OF BONDED VARIABLE
REFINANCING COSTS (ENT 18 * ENT 25) 2,230
32. BLDG AID FOR COSTS OF REFINANCING NOT PAID FROM THE
PROCEEDS OF REFUNDING BONDS (100% REIMBURSED)(ENT 20) 0
33. BLDG AID FOR LEASE EXPENSE (ENT 21 * ENT 25) 0
34. BLDG AID FOR ASSUMED AMORTIZATION OF CAPITAL OUTLAYS
(ENT 10 * ENT 25) 0
35. BLD AID FOR CAPITAL OUTLAY EXCEPTIONS(ENT 1 * ENT 25) 0
36. TOTAL REGULAR BUILDING AID
(ENTRIES 26 + 27 + 28 + 29 + 30 + 31 + 32 + 33 + 34 + 35) 568,666
PART III. CALCULATION OF 2004-05 REORGANIZATION INCENTIVE BUILDING
__________________________________________________________________
AID
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37. TOTAL BUILDING EXPENSE REORGANIZATION INCENTIVE
ELIGIBLE (ENT 13 + ENT 19 + ENT 22) 0
38. BUILDING AID ON REORG INCENTIVE ELIGIBLE EXPENSE
(ENT 37 * ENT 25) 0
39. REORGANIZATION INCENTIVE DECIMAL (.25 OR .30) 0.00
40. UNCAPPED REORGANIZATION INCENTIVE AID (ENTS 38 * 39) 0
41. 95% OF THE TOTAL BUILDING EXPENSE ELIGIBLE FOR
REORGANIZATION INCENTIVE (ENT 37 * 0.95) 0
42. MAXIMUM REORGANIZATION INCENTIVE AID(ENT 41 - ENT 38) 0
43. REORGANIZATION INCENTIVE BUILDING AID
(LSR ENT 40 OR ENT 42) 0
PART IV: NATIVE AMERICAN BUILDING AID PAYABLE DURING 2004-05
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44. NATIVE AMERICAN BUILDING AID 0
PART V: SPECIAL LEGISLATION
_____________________________
45. APPROVED DEBT SERVICE EXPENSE [10 312] 0
46. APPROVED EXPENSE REORG INCENTIVE ELIGIBLE 0
47. SPECIAL AID RATIO CALCULATION 0.000
48. TOTAL SPECIAL LEGISLATON AID INCL REORG INCENT CALC 0
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