DISTRICT CODE: 010605 STATE AID 2007-08
DISTRICT NAME: NORTH COLONIE DATE: OCT 11, 2008
EDITION NO. 1042
DISTRICT LAST UPDATED ON 10/10/08
NOTE: DATA DISPLAYED ARE PROJECTED EXPENSES FOR 08-09 AID
BUILDING AID OUTPUT REPORT (BLD3-EST) PAGE 1
PART I: AIDABLE BUILDING AID EXPENSES FOR 2008-09 AID
______________________________________________________
A. CAPITAL OUTLAY EXPENSES
1. NOT USED
2. NOT USED
B. AIDABLE DEBT SERVICE EXPENSE FOR 2008-09 AID
3. 2008-09 ASSUMED DEBT SERVICE: RETRO* 0
4. 2008-09 ASSUMED DEBT SERVICE: RETRO, REORG INCENTIVE
ELIGIBLE 0
5. 2008-09 CONTINUING DEBT SERVICE FOR WAIVERED BOND
ISSUES* 0
6. 2008-09 CONTINUING DEBT SERVICE FOR WAIVERED BOND
ISSUES, REORG INCENTIVE EIGIBLE 0
7. 2008-09 ASSUMED DEBT SERVICE: PROSPECTIVE** 2,193,840
8. 2008-09 ASSUMED DEBT SERVICE: PROSPECTIVE, REORG
INCENTIVE ELIGIBLE 0
9. 2008-09 APPROVED DEBT SERVICE: DORMITORY AUTHORITY
(SPECIAL ACT DISTRICTS ONLY) 0
10. 2008-09 ASSUMED AMORTIZATION FOR CAPITAL OUTLAYS
INCURRED AFTER 6/30/02 FOR PROJECTS APPROVED BEFORE
7/1/02 38,490
11. 2008-09 ASSUMED AMORTIZATION FOR CAPITAL OUTLAYS
INCURRED AFTER 6/30/02 FOR PROJECTS APPROVED BEFORE
7/1/02, REORG INCENTIVE ELIGIBLE 0
12. 2007-08 ASSUMED DEBT SERVICE: PROSPECTIVE EXPENSE FOR
THE INITIAL 2008-09 AID PAYMENT IN JULY 2008*** 0
13. 2007-08 ASSUMED DEBT SERVICE: PROSPECTIVE EXPENSE FOR
THE INITIAL 2008-09 AID PAYMENT IN JULY 2008, REORG
INCENTIVE ELIGIBLE 0
14. 2006-07 ASSUMED DEBT SERVICE: PROSPECTIVE EXPENSE FOR
THE INITIAL 2008-09 AID PAYMENT IN JULY 2008**** 0
15. 2006-07 ASSUMED DEBT SERVICE: PROSPECTIVE EXPENSE FOR
THE INITIAL 2008-09 AID PAYMENT IN JULY 2008, REORG
INCENTIVE ELIGIBLE 0
CLICK HERE FOR 0708 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 2008-09 ASSUMED DEBT SERVICE PROSPECTIVE
AMOUNTS INCLUDE PROJECTS APPROVED PRIOR TO JANUARY 1, 2008 FOR
WHICH A NOTIFICATION OF A SIGNED CONTRACT WAS ON FILE WITH THE
DEPARTMENT BY THE NOVEMBER 2007 DATABASE.
***PURSUANT TO CHAPTER 57 OF THE LAWS OF 2007 REGARDING THE 2007-08
ASSUMED DEBT SERVICE: PROSPECTIVE EXPENSES FOR THE INITIAL 2008-09
AID PAYMENT IN JULY 2008 ARE EXPENSES FOR BUILDING PROJECTS WITH
COMMISSIONER APPROVAL BY 12/31/06 AND NOTIFICATION OF A SIGNED
CONSTRUCTION CONTRACT AWARD ON FILE WITH THE DEPARTMENT AFTER
THE NOVEMBER 2006 DATABASE BUT BEFORE THE NOVEMBER 2007 DATABASE.
CLICK HERE FOR PROSPECTIVE PROJECT INFORMATION
****PURSUANT TO CHAPTER 57 OF THE LAWS OF 2007 REGARDING THE 2006-07
ASSUMED DEBT SERVICE: PROSPECTIVE EXPENSES FOR THE INITIAL 2008-09
AID PAYMENT IN JULY 2008 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
11/15/06 AND BEFORE 7/1/07.
C. LOW WEALTH SCHOOL DISTRICTS
16. 2008-09 EXPENSE FOR LOW WEALTH AID ELIGIBLE BUILDING
PROJECTS* 0
*BUILDING EXPENSES ELIGIBLE FOR LOW WEALTH AID ARE FOR BUILDING
PROJECTS WITH VOTER APPROVAL AFTER 6/30/2000 AND BEFORE 7/1/2004,
THE DISTRICT PUPIL WEALTH IS GREATER THAN 2.5 IN THE SCHOOL YEAR
IN WHICH THE PROJECT WAS APPROVED AND THE DISTRICT ALTERNATE PUPIL
WEALTH RATIO IS LESS THAN .85.
D. AIDABLE EXPENSE ASSOCIATED WITH THE COST OF REFINANCING EXISTING
DEBT WITH PRINCIPAL OUTSTANDING AS OF 6/30/02
17. 2008-09 ASSUMED DEBT SERVICE FOR FIXED COST OF
REFINANCING 0
18. 2008-09 ASSUMED DEBT SERVICE FOR STATE SHARE OF
VARIABLE COSTS 0
19. 2008-09 ASSUMED DEBT SERVICE FOR STATE SHARE OF
ADDITIONAL PRINCIPAL 0
20. TOTAL ASSUMED DEBT SERVICE FOR STATE SHARE OF THE
BONDED COSTS OF REFINANCING (100% REIMBURSED)
(ENT 17 + ENT 18 + ENT 19) 0
21. 2008-09 ASSUMED DEBT SERVICE FOR LOCAL SHARE OF THE
VARIABLE COSTS OF REFINANCING 0
22. 2008-09 ASSUMED DEBT SERVICE FOR LOCAL SHARE OF THE
VARIABLE COSTS OF REFINANCING, REORG INCENTIVE
ELIGIBLE 0
23. 2007-08 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
E. 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.
24. 2008-09 LEASE EXPENSE - NOT 10% ELIGIBLE 0
25. 2008-09 LEASE EXPENSE - 10% ELIGIBLE 0
26. 2008-09 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE
NOT 10% ELIGIBLE 0
27. 2008-09 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE
10% ELIGIBLE 0
F. METAL DETECTORS AND OTHER SECURITY DEVICES EXPENSE
28. 2007-08 APPROVED EXPENDITURES FOR METAL DETECTORS
AND OTHER SECURITY DEVICES 0
G. ENERGY PERFORMANCE CONTRACTS
29. 2008-09 EXPENSE FOR ENERGY PERFORMANCE CONTRACT
PROJECTS* 0
*BUILDING AID EXPENSES FOR ENERGY PERFORMANCE CONTRACTS
THAT ARE NOT VOTER APPROVED ARE NOT ELIGIBLE FOR THE 10%
BUILDING AID INCENTIVE.
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