DISTRICT CODE:  200601                                     STATE AID    2005-06     
DISTRICT NAME:  LAKE PLEASANT                              DATE:  APR  15, 2014     
                                                           EDITION NO.     6575     
DISTRICT LAST UPDATED ON 04/14/14                                                   
NOTE: DATA DISPLAYED IS TENTATIVE PENDING AUDIT                                     
                                                                                    
BUILDING FORMULA 4 AID OUTPUT REPORT(BLD4)                                          
                                                                                    
 PART I:  AIDABLE BUILDING AID EXPENSES FOR 2005-06 AID                             
 ______________________________________________________                             
                                                                                    
 A.  CAPITAL OUTLAY EXPENSES                                                        
                                                                                    
      1. CAPITAL OUTLAY EXCEPTION EXPENSES                                          
                     (PROJECTS < 100001, EMERGENCY, SMALL CITY)              N/A    
                                                                                    
 B.  AIDABLE DEBT SERVICE EXPENSE FOR 2005-06 AID                                   
                                                                                    
      2. 2005-06 ASSUMED DEBT SERVICE: PROSPECTIVE*                          N/A    
      3. 2005-06 ASSUMED DEBT SERVICE: PROSPECTIVE, REORG                           
         INCENTIVE ELIGIBLE                                                  N/A    
                                                                                    
    *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.                                  
                                                                                    
     BUILDING 4 EXPENSES ARE FOR BUILDING PROJECTS APPROVED ON                      
     OR AFTER 7/1/2005.                                                             
                                                                                    
     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.                                             
                                                                                    
 C.  LOW WEALTH SCHOOL DISTRICTS                                                    
                                                                                    
      4. 2005-06 EXPENSE FOR LOW WEALTH AID ELIGIBLE BUILDING                       
         PROJECTS**                                                          N/A    
                                                                                    
   **BUILDING 4 EXPENSES ELIGIBLE FOR LOW WEALTH AID ARE FOR BUILDING               
     PROJECTS APPROVED ON OR AFTER 7/1/2005. PROJECTS APPROVED BY THE               
     VOTERS BETWEEN JULY 1, 2005 AND JUNE 30, 2007 ARE ELIGIBLE FOR THE             
     LOW WEALTH AID RATIO IF THE DISTRICT'S PUPIL WEALTH RATIO WAS                  
     GREATER THAN 2.5 IN 2000-01 AND THE ALTERNATE PUPIL WEALTH RATIO               
     WAS LESS THAN .85 IN 2000-01.                                                  
                                                                                    
 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.                                                                       
                                                                                    
      5. 2005-06 LEASE EXPENSE - NOT 10% ELIGIBLE                              0    
      6. 2005-06 LEASE EXPENSE - 10% ELIGIBLE                                  0    
      7. 2005-06 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE                            
         NOT 10% ELIGIBLE                                                      0    
      8. 2005-06 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE                            
         10% ELIGIBLE                                                          0    
                                                                                    
 PART II: CALCULATION OF 2005-06 BUILDING AID                                       
 ____________________________________________                                       
                                                                                    
      9. SELECTED 1999-00 BLDG AID RATIO MINUS 10%                         0.000    
     10. 2005-06 RWADA AID RATIO                                           0.000    
     11. REVISED SELECTED 2005-06 BLDG AID RATIO                                    
                            (GREATER OF ENT 9 OR 10, MAX .950)             0.000    
     12. BLDG AID RATIO FOR LOW WEALTH AID ELIGIBLE DISTRICTS                N/A    
     13. 2005-06 BLD4 REVISED SELECTED BUILDING AID RATIO                           
         ENHANCED BY 10% INCENTIVE                  (MAX .950)             0.100    
     14. 2005-06 BLD4 10% INCENTIVE DECIMAL  (ENT 13 - ENT 11)             0.100    
     15. HIGH NEEDS SUPPLEMENTAL BUILDING AID RATIO (HNSBAR)               0.000    
     16. SELECTED 2005-06 BUILDING AID RATIO BEFORE 10% PLUS                        
         HNSBAR                                                            0.000    
     17. SELECTED 2005-06 BUILDING AID RATIO + HNSBAR ENHANCED                      
         BY 10% INCENTIVE            (ENT 16 + .100, MAX .980)             0.000    
     18. HNSBAR DISTRICT INDICATOR (1 = YES)                                   0    
     19. AID RATIO AID FOR LEASE EXPENSE                                            
           IF ENT 18 = 1 THEN ((ENT 5 + ENT 6) * ENT 16) ELSE                       
                                     ((ENT 5 + ENT 6) * ENT 11)                0    
     20. BLDG AID FOR LEASE EXPENSE ELIGIBLE FOR 10% INCENTIVE                      
           IF ENT 18 = 1 THEN (ENT 6 * (ENT 17 - ENT 16)) ELSE                      
                                               (ENT 6 * ENT 14)                0    
     21. TOTAL REGULAR BUILDING AID: AID RATIO AID     (ENT 19)                0    
     22. TOTAL REGULAR BUILDING AID: 10% INCENTIVE     (ENT 20)                0    
     23. TOTAL REGULAR BUILDING AID INCLUDING 10% INCENTIVE                         
                                             (ENT 21 + ENT 22)                 0    
                                                                                    
 CLICK HERE FOR HNSBAR INFORMATION 
PART II: CALCULATION OF 2005-06 REORGANIZATION INCENTIVE BUILDING AID _____________________________________________________________________ 24. TOTAL BUILDING EXPENSE REORGANIZATION INCENTIVE ELIGIBLE (ENT 7 + ENT 8) 0 25. BUILDING AID ON REORG INCENTIVE ELIGIBLE EXPENSE IF ENT 18 = 1 THEN (ENT 24 * ENT 17) ELSE (ENT 24 * ENT 13) 0 26. REORGANIZATION INCENTIVE DECIMAL (.25 OR .30) 0.00 27. UNCAPPED REORGANIZATION INCENTIVE AID (ENTS 25 * 26) 0 28. 95% (HNSBAR DISTRICTS 98%) OF THE TOTAL BUILDING EXPENSE ELIGIBLE FOR REORGANIZATION INCENTIVE IF ENT 18 = 1 THEN (ENT 24 * 0.98) ELSE (ENT 24 * 0.95) 0 29. MAXIMUM REORGANIZATION INCENTIVE AID(ENT 28 - ENT 25) 0 30. REORGANIZATION INCENTIVE BUILDING AID (LESSER OF ENT 27 OR ENT 29) 0 PART IV: NATIVE AMERICAN BUILDING AID PAYABLE DURING 2005-06 ______________________________________________________________ 31. NATIVE AMERICAN BUILDING 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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