DISTRICT CODE: 521301 STATE AID 2006-07
DISTRICT NAME: BALLSTON SPA DATE: SEPT 27, 2008
EDITION NO. 1580
DISTRICT LAST UPDATED ON 09/26/08
NOTE: DATA DISPLAYED IS TENTATIVE PENDING AUDIT
BUILDING FORMULA 4 AID OUTPUT REPORT(BLD4)
PART I: AIDABLE BUILDING AID EXPENSES FOR 2006-07 AID
______________________________________________________
A. CAPITAL OUTLAY EXPENSES
1. CAPITAL OUTLAY EXCEPTION EXPENSES
(PROJECTS < 100001, EMERGENCY, SMALL CITY) 13,189
B. AIDABLE DEBT SERVICE EXPENSE FOR 2006-07 AID
2. 2006-07 ASSUMED DEBT SERVICE: PROSPECTIVE* 0
3. 2006-07 ASSUMED DEBT SERVICE: PROSPECTIVE, REORG
INCENTIVE ELIGIBLE 0
*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 58 OF THE LAWS OF 2006, BUILDING PROJECTS WITH
COMMISSIONER APPROVAL BY 12/31/05 AND INCLUDED IN THE ESTIMATES OF
2006-07 AID FOR THE ENACTED SA0607 COMPUTER RUN DATED 3/31/06, ARE
ELIGIBLE FOR AID IN 2006-07. FOR PROJECTS WITH COMMISSIONER
APPROVAL BY 12/31/05 BUT WITHOUT NOTIFICATION OF A SIGNED CONTRACT
ON FILE WITH THE DEPARTMENT BY THE FEBRUARY 2006 DATABASE WILL BE
FIRST ELIGIBLE FOR AID IN 2007-08.
CLICK HERE FOR PROSPECTIVE PROJECT INFORMATION
C. LOW WEALTH SCHOOL DISTRICTS
4. 2006-07 EXPENSE FOR LOW WEALTH AID ELIGIBLE BUILDING
PROJECTS** 0
**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. 2006-07 LEASE EXPENSE - NOT 10% ELIGIBLE 0
6. 2006-07 LEASE EXPENSE - 10% ELIGIBLE 0
7. 2006-07 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE
NOT 10% ELIGIBLE 0
8. 2006-07 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE
10% ELIGIBLE 0
PART II: CALCULATION OF 2006-07 BUILDING AID
____________________________________________
9. SELECTED 1999-00 BLDG AID RATIO MINUS 10% 0.649
10. 2006-07 RWADA AID RATIO 0.695
11. REVISED SELECTED 2006-07 BLDG AID RATIO
(GREATER OF ENT 9 OR 10, MAX .950) 0.695
12. BLDG AID RATIO FOR LOW WEALTH AID ELIGIBLE DISTRICTS 0.695
13. 2006-07 BLD4 REVISED SELECTED BUILDING AID RATIO
ENHANCED BY 10% INCENTIVE (MAX .950) 0.795
14. 2006-07 BLD4 10% INCENTIVE DECIMAL (ENT 13 - ENT 11) 0.100
15. HIGH NEEDS SUPPLEMENTAL BUILDING AID RATIO (HNSBAR) 0.000
16. SELECTED 2006-07 BUILDING AID RATIO BEFORE 10% PLUS
HNSBAR 0.000
17. SELECTED 2006-07 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. AID RATIO BLD AID FOR ASSUMED DEBT SERVICE:PROSPECTIVE
IF ENT 18 = 1 THEN ((ENT 2 - ENT 4) * ENT 16) ELSE
((ENT 2 - ENT 4) * ENT 11) 0
22. 10% INCENTIVE AID FOR ASSUMED DEBT SERVICE:PROSPECTIVE
IF ENT 18 = 1 THEN (ENT 2 * (ENT 17 - ENT 16)) ELSE
(ENT 2 * ENT 14) 0
23. AID RATIO AID FOR CAPITAL OUTLAY EXCEPTIONS
IF ENT 18 = 1 THEN (ENT 1 * ENT 16) ELSE (ENT 1 * ENT 11) 9,166
24. 10% INCENTIVE AID FOR CAPITAL OUTLAY EXCEPTIONS
IF ENT 18 = 1 THEN (ENT 1 * (ENT 17 - ENT 16)) ELSE
(ENT 1 * ENT 14) 1,318
25. ADDITIONAL BLDG AID FOR LOW WEALTH SCHOOL DISTRICTS
(ENT 4 * ENT 12) 0
26. TOTAL REGULAR BUILDING AID: AID RATIO AID
(ENT 19 + ENT 21 + ENT 23 + ENT 25) 9,166
27. TOTAL REGULAR BUILDING AID: 10% INCENTIVE
(ENT 20 + ENT 22 + ENT 24) 1,318
28. TOTAL REGULAR BUILDING AID INCLUDING 10% INCENTIVE
(ENT 26 + ENT 27) 10,484
CLICK HERE FOR HNSBAR INFORMATION
PART III: CALCULATION OF 2006-07 REORGANIZATION INCENTIVE BUILDING AID
______________________________________________________________________
29. TOTAL BUILDING EXPENSE REORGANIZATION INCENTIVE
ELIGIBLE (ENT 3 + ENT 7 + ENT 8) 0
30. BUILDING AID ON REORG INCENTIVE ELIGIBLE EXPENSE
IF ENT 18 = 1 THEN (ENT 29 * ENT 17) ELSE
(ENT 29 * ENT 13) 0
31. REORGANIZATION INCENTIVE DECIMAL (.25 OR .30) 0.00
32. UNCAPPED REORGANIZATION INCENTIVE AID (ENTS 30 * 31) 0
33. 95% (HNSBAR DISTRICTS 98%) OF THE TOTAL BUILDING
EXPENSE ELIGIBLE FOR REORGANIZATION INCENTIVE
IF ENT 18 = 1 THEN (ENT 29 * 0.98) ELSE (ENT 29 * 0.95) 0
34. MAXIMUM REORGANIZATION INCENTIVE AID (ENT 33 - ENT 30) 0
35. REORGANIZATION INCENTIVE BUILDING AID
(LESSER OF ENT 32 OR ENT 34) 0
PART IV: NATIVE AMERICAN BUILDING AID PAYABLE DURING 2006-07
______________________________________________________________
36. NATIVE AMERICAN BUILDING AID 0
NYSED HOME PAGE | STATE AID HOME PAGE | DISTRICT HOME PAGE