DISTRICT CODE: 061501 STATE AID 2007-08
DISTRICT NAME: SILVER CREEK DATE: AUG 23, 2008
EDITION NO. 920
DISTRICT LAST UPDATED ON 08/22/08
NOTE: DATA DISPLAYED IS TENTATIVE PENDING AUDIT
BUILDING AID OUTPUT REPORT (BLD-SBA) PAGE 1
A. SUMMARY OF AID
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1. TOTAL REGULAR BUILDING AID INCLUDING REORGANIZATION
INCENTIVE AID, SPECIAL LEGISLATION AND NATIVE
AMERICAN AID FOR PROJECTS WITH VOTER APPROVAL PRIOR
TO 7/1/98 398,869
2. TOTAL REGULAR BUILDING AID INCLUDING REORGANIZATION
INCENTIVE AID, SPECIAL LEGISLATION AND NATIVE
AMERICAN AID FOR PROJECTS WITH VOTER APPROVAL ON OR
AFTER 7/1/98 BUT PRIOR TO 7/1/2000 405,805
3. TOTAL REGULAR BUILDING AID INCLUDING REORGANIZATION
INCENTIVE AID, SPECIAL LEGISLATION AND NATIVE
AMERICAN AID FOR PROJECTS WITH VOTER APPROVAL ON OR
AFTER 7/1/2000 BUT PRIOR TO 7/1/2005 85,760
4. TOTAL REGULAR BUILDING AID INCLUDING REORGANIZATION
INCENTIVE AID AND NATIVE AMERICAN AID FOR PROJECTS
WITH VOTER APPROVAL ON OR AFTER 7/1/2005 87,200
5A. TOTAL BUILDING AID PAYABLE FOR JULY 2007 DEFERRED
PROSPECTIVE BUILDING AID 60,434
5B. TOTAL BUILDING AID PAID FOR JULY 2007 DEFERRED
PROSPECTIVE BUILDING AID 60,432
5C. BALANCE OF THE BUILDING AID PAYABLE IN 2007-08 FOR THE
JULY 2007 DEFERRED PROSPECTIVE BUILDING AID
(ENT 5A - ENT 5B) 2
6. NOT USED
B. SUMMARY OF BUILDING AID RATIOS
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I. 2007-08 BUILDING AID RATIO FOR PROJECTS WITH VOTER APPROVAL
PRIOR TO 7/1/98
7. 2004 ACTUAL VALUATION 248,813,942
8. 2005-06 RWADA 1,238
9. 2004 ACTUAL VALUATION/2005-06 RWADA 200,980
10. ENTRY 9 / 510000 0.394
11. ENTRY 10 * .510 0.200
12. 2007-08 RWADA AID RATIO (1.000 - ENTRY 11, MAX .950) 0.800
13. SELECTED 2006-07 BLDG AID RATIO 0.847
14. SELECTED 2007-08 BLDG AID RATIO (> OF ENT12 OR ENT13) 0.847
II. 2007-08 BUILDING AID RATIO FOR PROJECTS WITH VOTER APPROVAL
ON OR AFTER 7/1/98 BUT PRIOR TO 7/1/2000
15. SELECTED 2007-08 BLDG AID RATIO ENHANCED BY 10%
INCENTIVE (ENT 14 + .100, MAX .950) 0.947
III. 2007-08 BUILDING AID RATIO FOR PROJECTS WITH VOTER APPROVAL
ON OR AFTER 7/1/2000 BUT PRIOR TO 7/1/2005
16. SELECTED 1999-00 BLDG AID RATIO MINUS 10% 0.747
17. REVISED SELECTED 2007-08 BLDG AID RATIO
(> OF ENT 12 OR ENT 16, MAX .950) 0.800
18. BUILDING AID RATIO FOR LOW WEALTH AID ELIGIBLE SCHOOL
DISTRICTS (LOW WEALTH DISTRICTS INCLUDE THOSE WHOSE
PUPIL WEALTH RATIO IS > 2.5 AND ALTERNATE PUPIL
WEALTH RATIO IS < .85) (1.263 * SEL SHARING RATIO) 0.000
19. 2007-08 BLD3 SELECTED BUILDING AID RATIO FOR LOW
WEALTH SCHOOL DISTRICTS
(GREATER OF ENT 17 OR ENT 18, MAX .950) 0.800
20. 2007-08 BLD3 SELECTED BUILDING AID RATIO ENHANCED
BY 10% INCENTIVE (ENT 17 + .100, MAX .950) 0.900
IV. 2007-08 BUILDING AID RATIO FOR PROJECTS WITH VOTER APPROVAL
ON OR AFTER 7/1/2005
21. HIGH NEEDS SUPPLEMENT (ENT 17 * .05) 0.040
22. 0.98 MINUS 2007-08 SEL BUILDING AID RATIO BEFORE 10%
(0.98 - ENT 17) 0.180
23. HIGH NEEDS SUPPLEMENTAL BUILDING AID RATIO (HNSBAR)
(LESSER OF ENT 22 OR ENT 21) 0.040
24. SELECTED 2007-08 BUILDING AID RATIO BEFORE 10% PLUS
HNSBAR (ENT 17 + ENT 23) 0.840
25. SELECTED 2007-08 BUILDING AID RATIO + HNSBAR ENHANCED
BY 10% INCENTIVE (ENT 24 + .100, MAX .980) 0.940
26. 2007-08 BLD4 SELECTED BUILDING AID RATIO ENHANCED
BY 10% INCENTIVE (NON-HNSBAR DISTRICTS) (ENT 20) 0.900
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