DISTRICT CODE: 640101 STATE AID 2006-07
DISTRICT NAME: ARGYLE DATE: AUG 23, 2008
EDITION NO. 1520
DISTRICT LAST UPDATED ON 08/22/08
NOTE: DATA DISPLAYED ARE PROJECTED EXPENSES FOR 07-08 AID
BUILDING AID OUTPUT REPORT (BLD-EST10) PAGE 1
PART I: AIDABLE BUILDING AID EXPENSES FOR 2007-08 AID
______________________________________________________
A. CAPITAL OUTLAY EXPENSES
1. NOT USED
2. NOT USED
B. AIDABLE DEBT SERVICE EXPENSE FOR 2007-08 AID
3. 2007-08 ASSUMED DEBT SERVICE: RETRO* 499,727
4. 2007-08 ASSUMED DEBT SERVICE: RETRO, REORG INCENTIVE
ELIGIBLE 0
5. 2007-08 CONTINUING DEBT SERVICE FOR WAIVERED BOND
ISSUES* 0
6. 2007-08 CONTINUING DEBT SERVICE FOR WAIVERED BOND
ISSUES, REORG INCENTIVE EIGIBLE 0
7. 2007-08 ASSUMED DEBT SERVICE: PROSPECTIVE** 0
8. 2007-08 ASSUMED DEBT SERVICE: PROSPECTIVE, REORG
INCENTIVE ELIGIBLE 0
9. 2007-08 ASSUMED AMORTIZATION FOR CAPITAL OUTLAYS
INCURRED AFTER 6/30/02 FOR PROJECTS APPROVED BEFORE
7/1/02 0
10. 2007-08 ASSUMED AMORTIZATION FOR CAPITAL OUTLAYS
INCURRED AFTER 6/30/02 FOR PROJECTS APPROVED BEFORE
7/1/02, REORG INCENTIVE ELIGIBLE 0
11. 2006-07 ASSUMED DEBT SERVICE: PROSPECTIVE EXPENSE FOR
THE INITIAL 2007-08 AID PAYMENT IN JULY 2007*** 0
12. 2006-07 ASSUMED DEBT SERVICE: PROSPECTIVE EXPENSE FOR
THE INITIAL 2007-08 AID PAYMENT IN JULY 2007, REORG
INCENTIVE ELIGIBLE 0
13. 2005-06 ASSUMED DEBT SERVICE: PROSPECTIVE EXPENSE FOR
THE INITIAL 2007-08 AID PAYMENT IN JULY 2007**** 0
14. 2005-06 ASSUMED DEBT SERVICE: PROSPECTIVE EXPENSE FOR
THE INITIAL 2007-08 AID PAYMENT IN JULY 2007, REORG
INCENTIVE ELIGIBLE 0
CLICK HERE FOR 0607 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.
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.
PLEASE NOTE THAT THE 2007-08 ASSUMED DEBT SERVICE PROSPECTIVE
AMOUNTS INCLUDE PROJECTS APPROVED PRIOR TO JANUARY 1, 2007
WITHOUT NOTIFICATION OF SIGNED CONSTRUCTION CONTRACTS TO SED.
THIS ALLOWS THE 2007-08 BUILDING AID PROJECTIONS TO INCLUDE
ALL THE PROJECTS THAT MIGHT POTENTIALLY GENERATE 2007-08 DEBT
SERVICE PAYMENTS. THE INITIAL DEBT SERVICE PAYMENT FOR THESE
PROJECTS WITHOUT SIGNED CONTRACTS WAS ASSUMED TO OCCUR 18
MONTHS AFTER THE COMMISSIONER'S APPROVAL DATE. THEREFORE, THE
CURRENT PROJECTION METHOD ASSUMES THAT THE CONTRACTS FOR ALL
PROJECTS DESCRIBED ABOVE HAVE ALREADY BEEN SIGNED OR WILL BE
SIGNED BY JUNE 30, 2008.
HOWEVER, PER THE ENACTED 2007-08 STATE BUDGET, ONLY PROSPECTIVE
BUILDING PROJECTS FOR WHICH SED NOTIFICATION OF SIGNED CONTRACTS
WAS ON FILE BY THE NOVEMBER 2006 DATABASE WILL BE ELIGIBLE FOR
AN INITIAL AID PAYMENT IN THE 2007-08 AID YEAR.
CLICK HERE FOR PROSPECTIVE PROJECT INFORMATION
***PURSUANT TO CHAPTER 58 OF THE LAWS OF 2006 REGARDING THE 2006-07
ASSUMED DEBT SERVICE: PROSPECTIVE EXPENSES FOR THE INITIAL 2007-08
AID PAYMENT IN JULY 2007 ARE EXPENSES FOR BUILDING PROJECTS WITH
COMMISSIONER APPROVAL BY 12/31/05 AND NOTIFICATION OF A SIGNED
CONSTRUCTION CONTRACT AWARD ON FILE WITH THE DEPARTMENT AFTER
2/15/06.
HOWEVER, PER THE ENACTED 2007-08 STATE BUDGET, ONLY PROSPECTIVE
BUILDING PROJECTS FOR WHICH SED NOTIFICATION OF SIGNED CONTRACTS
WAS ON FILE BY THE NOVEMBER 2006 DATABASE WILL BE ELIGIBLE FOR
AN INITIAL AID PAYMENT IN THE 2007-08 AID YEAR. PROJECTS ELIGIBLE
FOR THE DEFERRED PAYMENT WITH SIGNED CONTRACTS ON FILE BY THE
NOVEMBER 2006 DATABASE WILL RECEIVE A PAYMENT IN JULY 2007.
****PURSUANT TO CHAPTER 58 OF THE LAWS OF 2006 REGARDING THE 2005-06
ASSUMED DEBT SERVICE: PROSPECTIVE EXPENSES FOR THE INITIAL 2007-08
AID PAYMENT IN JULY 2007 ARE EXPENSES FOR BUILDING PROJECTS WITH
COMMISSIONER APPROVAL BY 12/31/04 AND NOTIFICATION OF A SIGNED
CONSTRUCTION CONTRACT AWARD ON FILE WITH THE DEPARTMENT AFTER
2/15/06 AND BEFORE 7/1/06.
C. AIDABLE EXPENSE ASSOCIATED WITH THE COST OF REFINANCING EXISTING
DEBT WITH PRINCIPAL OUTSTANDING AS OF 6/30/02
15. 2007-08 ASSUMED DEBT SERVICE FOR FIXED COST OF
REFINANCING 1,052
16. 2007-08 ASSUMED DEBT SERVICE FOR STATE SHARE OF
VARIABLE COSTS 10,684
17. 2007-08 ASSUMED DEBT SERVICE FOR STATE SHARE OF
ADDITIONAL PRINCIPAL 23,048
18. TOTAL ASSUMED DEBT SERVICE FOR STATE SHARE OF THE
BONDED COSTS OF REFINANCING (100% REIMBURSED)
(ENT 15 + ENT 16 + ENT 17) 34,784
19. 2007-08 ASSUMED DEBT SERVICE FOR LOCAL SHARE OF THE
VARIABLE COSTS OF REFINANCING 816
20. 2007-08 ASSUMED DEBT SERVICE FOR LOCAL SHARE OF THE
VARIABLE COSTS OF REFINANCING, REORG INCENTIVE
ELIGIBLE 0
21. 2006-07 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.
22. 2007-08 LEASE EXPENSE - NOT 10% ELIGIBLE 0
23. 2007-08 LEASE EXPENSE - 10% ELIGIBLE 0
24. 2007-08 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE
NOT 10% ELIGIBLE 0
25. 2007-08 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE
10% ELIGIBLE 0
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