DISTRICT CODE: 580505 STATE AID 2005-06
DISTRICT NAME: BAYPORT BLUE P DATE: AUG 23, 2008
EDITION NO. 2757
DISTRICT LAST UPDATED ON 08/22/08
NOTE: DATA DISPLAYED IS TENTATIVE PENDING AUDIT
BUILDING FORMULA AID OUTPUT REPORT (BLD) PAGE 1
PART I: AIDABLE BUILDING AID EXPENSES FOR 2005-06 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 2005-06 AID
3. 2005-06 ASSUMED DEBT SERVICE: RETRO* 715,853
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
7/01/02 0
11. 2005-06 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 05-06 AID
(ENT 3 + ENT 5 + ENT 7 + ENT 9 + ENT 10) 715,853
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 ESTIMATES 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 0
22. 2005-06 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE 0
PART II: CALCULATION OF 2005-06 BUILDING AID
____________________________________________
23. 2005-06 BUILDING AID RATIO 0.434
24. 2004-05 SELECTED BUILDING AID RATIO 0.682
25. SELECTED 2005-06 BUILDING AID RATIO
(GREATER OF ENT 23 OR ENT 24, MAX .950) 0.682
26. BLDG AID FOR ASSUMED DEBT SERVICE:RETRO(ENT 3*ENT 25) 488,212
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) 0
31. BLDG AID FOR THE LOCAL SHARE OF BONDED VARIABLE
REFINANCING COSTS (ENT 18 * ENT 25) 0
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) 488,212
PART III. CALCULATION OF 2005-06 REORGANIZATION INCENTIVE BUILDING
__________________________________________________________________
AID
___
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 2005-06
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44. NATIVE AMERICAN BUILDING AID 0
PART V: SPECIAL LEGISLATION
_____________________________
45. APPROVED DEBT SERVICE EXPENSE [13 302] 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
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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