DISTRICT CODE:  200901                                     STATE AID    2005-06     
DISTRICT NAME:  WELLS                                      DATE:  APR  15, 2014     
                                                           EDITION NO.     6575     
DISTRICT LAST UPDATED ON 04/14/14                                                   
NOTE: DATA DISPLAYED IS TENTATIVE PENDING AUDIT                                     
                                                                                    
BUILDING FORMULA 10% AID OUTPUT REPORT(BLD10)                                       
                                                                                    
 PART I:  AIDABLE BUILDING AID EXPENSES FOR 2005-06 AID                             
 ______________________________________________________                             
                                                                                    
 A.  CAPITAL OUTLAY EXPENSES                                                        
                                                                                    
      1. CAPITAL OUTLAY EXCEPTION EXPENSES                                          
                    (PROJECTS < 100001, EMERGENCY, SMALL CITY)                 0    
      2. NOT USED                                                                   
                                                                                    
 B.  AIDABLE DEBT SERVICE EXPENSE FOR 2005-06 AID                                   
                                                                                    
      3. 2005-06 ASSUMED DEBT SERVICE: RETRO*                                  0    
      4. 2005-06 ASSUMED DEBT SERVICE: RETRO, REORG INCENTIVE                       
         ELIGIBLE                                                              0    
      5. 2005-06 CONTINUING DEBT SERVICE FOR WAIVERED BOND                          
         ISSUES*                                                               0    
      6. 2005-06 CONTINUING DEBT SERVICE FOR WAIVERED BOND                          
         ISSUES, REORG INCENTIVE EIGIBLE                                       0    
      7. 2005-06 ASSUMED DEBT SERVICE: PROSPECTIVE**                           0    
      8. 2005-06 ASSUMED DEBT SERVICE: PROSPECTIVE, REORG                           
         INCENTIVE ELIGIBLE                                                    0    
      9. 2005-06 APPROVED DEBT SERVICE: DORMITORY AUTHORITY                         
         (SPECIAL ACT DISTRICTS ONLY)                                          0    
     10. 2005-06 ASSUMED AMORTIZATION FOR CAPITAL OUTLAYS                           
         INCURRED AFTER 6/30/02 FOR PROJECTS APPROVED BEFORE                        
         7/1/02                                                                0    
     11. 2005-06 ASSUMED AMORTIZATION FOR CAPITAL OUTLAYS                           
         INCURRED AFTER 6/30/02 FOR PROJECTS APPROVED BEFORE                        
         7/1/02, REORG INCENTIVE ELIGIBLE                                      0    
     12. TOTAL AIDABLE DEBT SERVICE FOR 05-06 AID                                   
                      (ENT 3 + ENT 5 + ENT 7 + ENT 9 + ENT 10)                 0    
     13. TOTAL AIDABLE DEBT SERVICE FOR 05-06 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 57 OF THE LAWS OF 2005, BUILDING PROJECTS WITH COMMISSIONER APPROVAL BY 12/31/04 AND INCLUDED IN THE ESITMATES OF 2005-06 AID FOR THE ENACTED SA0506 COMPUTER RUN DATED 3/30/05, ARE ELIGIBLE FOR AID IN 2005-06. FOR PROJECTS WITH COMMISSIONER APPROVAL BY 12/31/04 BUT WITHOUT NOTIFICATION OF A SIGNED CONTRACT ON FILE WITH THE DEPARTMENT BY THE FEBRUARY 2005 DATABASE WILL BE FIRST ELIGIBLE FOR AID IN 2006-07. 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. 2005-06 ASSUMED DEBT SERVICE FOR FIXED COST OF REFINANCING 0 15. 2005-06 ASSUMED DEBT SERVICE FOR STATE SHARE OF VARIABLE COSTS 0 16. 2005-06 ASSUMED DEBT SERVICE FOR STATE SHARE OF ADDITIONAL PRINCIPAL 0 17. TOTAL ASSUMED DEBT SERVICE FOR STATE SHARE OF THE BONDED COSTS OF REFINANCING (100% REIMBURSED) (ENT 14 + ENT 15 + ENT 16) 0 18. 2005-06 ASSUMED DEBT SERVICE FOR LOCAL SHARE OF THE VARIABLE COSTS OF REFINANCING 0 19. 2005-06 ASSUMED DEBT SERVICE FOR LOCAL SHARE OF THE VARIABLE COSTS OF REFINANCING, REORG INCENTIVE ELIGIBLE 0 20. 2004-05 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. 2005-06 LEASE EXPENSE - NOT 10% ELIGIBLE 0 22. 2005-06 LEASE EXPENSE - 10% ELIGIBLE 0 23. 2005-06 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE NOT 10% ELIGIBLE 0 24. 2005-06 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE 10% ELIGIBLE 0 PART II: CALCULATION OF 2005-06 BUILDING AID ____________________________________________ 25. 2005-06 BUILDING AID RATIO 0.000 26. 2004-05 SELECTED BUILDING AID RATIO 0.310 27. SELECTED 2005-06 BUILDING AID RATIO 0.310 28. 2005-06 ENHANCED AID RATIO (LESSER OF ENT 27 + .100 OR .950) 0.410 29. 2005-06 10% INCENTIVE DECIMAL (ENT 28 - ENT 27) 0.100 30. AID RATIO AID FOR ASSUMED DEBT SERVICE: RETRO (ENT 3 * ENT 27) 0 31. 10% INCENTIVE AID FOR ASSUMED DEBT SERVICE: RETRO (ENT 3 * ENT 29) 0 32. AID RATIO AID FOR DEBT SERVICE ON WAIVERED BOND ISSUES (ENT 5 * ENT 27) 0 33. 10% INCENTIVE AID FOR DEBT SERVICE ON WAIVERED BOND ISSUES (ENT 5 * ENT 29) 0 34. AID RATIO AID BLDG AID FOR ASSUMED DEBT SERVICE: PROSPECTIVE (ENT 7 * ENT 27) 0 35. 10% INCENTIVE AID FOR ASSUMED DEBT SERVICE: PROSPECTIVE (ENT 7 * ENT 29) 0 36. AID RATIO AID FOR DEBT SERVICE: DORMITORY AUTHORITY (SPECIAL ACT DISTRICTS ONLY) (ENT 9 * ENT 27) 0 37. 10% INCENTIVE AID FOR DEBT SERVICE: DORMITORY AUTHORITY (SPECIAL ACT DISTRICTS ONLY) (ENT 9 * ENT 29) 0 38. BLDG AID FOR THE STATE SHARE OF TOTAL BONDED REFINANCING COSTS (100% REIMBURSED) (ENT 17) 0 39. AID RATIO AID FOR THE LOCAL SHARE OF BONDED VARIABLE REFINANCING COSTS (ENT 18 * ENT 27) 0 40. 10% INCENTIVE AID FOR THE LOCAL SHARE OF BONDED VARIABLE REFINANCING COSTS (ENT 18 * ENT 29) 0 41. BLDG AID FOR COSTS OF REFINANCING NOT PAID FROM THE PROCEEDS OF REFUNDING BONDS (100% REIMBURSED)(ENT 20) 0 42. AID RATIO AID FOR LEASE EXPENSE ((ENT 21 + ENT 22) * ENT 27) 0 43. BLDG AID FOR LEASE EXPENSE ELIGIBLE FOR 10% INCENTIVE (ENT 22 * ENT 29) 0 44. AID RATIO AID FOR ASSUMED AMORTIZATION CAPITAL OUTLAYS (ENT 10 * ENT 27) 0 45. 10% INCENTIVE AID FOR ASSUMED AMORTIZATION CAPITAL OUTLAYS (ENT 10 * ENT 29) 0 46. AID RATIO AID FOR CAPITAL OUTLAY EXCEPTIONS (ENT 1 * ENT 27) 0 47. 10% INCENTIVE AID FOR CAPITAL OUTLAY EXCEPTIONS (ENT 1 * ENT 29) 0 48. TOTAL REGULAR BUILDING AID: AID RATIO AID AND 100% REIMBURSABLE (ENTRIES 30+32+34+36+38+39+41+42+44+46) 0 49. TOTAL REGULAR BUILDING AID: 10% INCENTIVE (ENTRIES 31 + 33 + 35 + 37 + 40 + 43 + 45 + 47) 0 50. TOTAL REGULAR BUILDING AID INCLUDING 10% INCENTIVE (ENT 48 + ENT 49) 0 PART III. CALCULATION OF 2005-06 REORGANIZATION INCENTIVE BUILDING __________________________________________________________________ AID ___ 51. TOTAL BUILDING EXPENSE REORGANIZATION INCENTIVE ELIGIBLE (ENT 13 + ENT 19 + ENT 23 + ENT 24) 0 52. BUILDING AID ON REORG INCENTIVE ELIGIBLE EXPENSE (ENT 51 * ENT 28) 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 2005-06 ______________________________________________________________ 58. NATIVE AMERICAN BUILDING AID 0 PART V: SPECIAL LEGISLATION _____________________________ 59. APPROVED DEBT SERVICE EXPENSE [13 305] 0 60. SPECIAL AID RATIO CALCULATION 0.000 61. SPECIAL LEGISLATON AID 0 PLEASE NOTE: THE INFORMATION PRESENTED ON THIS OUTPUT REPORT PRESENTS THE COMBINED IMPACT OF THE FORMULAS GOVERNING THE SPECIFIED AID CATEGORIES, AS SET FORTH IN BOTH THE APPROPRIATIONS PROPOSED BY THE EXECUTIVE AND ENACTED BY THE LEGISLATURE AND THE ADDITIONAL APPROPRIATIONS ENACTED AS PART OF THE 2005-06 STATE BUDGET.

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