DISTRICT CODE:  200701                                     STATE AID    2007-08     
DISTRICT NAME:  LONG LAKE                                  DATE:  NOV  14, 2014     
                                                           EDITION NO.     4116     
DISTRICT LAST UPDATED ON 10/28/14                                                   
NOTE: DATA DISPLAYED IS TENTATIVE PENDING AUDIT                                     
                                                                                    
BUILDING AID OUTPUT REPORT (BLD-SBA)                                     PAGE 1     
                                                                                    
 A.      SUMMARY OF AID                                                             
         ______________                                                             
                                                                                    
      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                                                             0    
                                                                                    
      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                                    0    
                                                                                    
      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                              9,675    
                                                                                    
      4. TOTAL REGULAR BUILDING AID INCLUDING REORGANIZATION                        
         INCENTIVE AID AND NATIVE AMERICAN AID FOR PROJECTS                         
         WITH VOTER APPROVAL ON OR AFTER 7/1/2005                              0    
                                                                                    
     5A. TOTAL BUILDING AID PAYABLE FOR JULY 2007 DEFERRED                          
         PROSPECTIVE BUILDING AID                                          1,716    
     5B. TOTAL BUILDING AID PAID FOR JULY 2007 DEFERRED                             
         PROSPECTIVE BUILDING AID                                          1,840    
     5C. BALANCE OF THE BUILDING AID PAYABLE IN 2007-08 FOR THE                     
         JULY 2007 DEFERRED PROSPECTIVE BUILDING AID                                
                                              (ENT 5A - ENT 5B)             -124    
      6. NOT USED                                                                   
                                                                                    
 B.      SUMMARY OF BUILDING AID RATIOS                                             
         ______________________________                                             
                                                                                    
   I. 2007-08 BUILDING AID RATIO FOR PROJECTS WITH VOTER APPROVAL                   
      PRIOR TO 7/1/98                                                               
                                                                                    
      7. 2004 ACTUAL VALUATION                                       362,134,295    
      8. 2005-06 RWADA                                                        70    
      9. 2004 ACTUAL VALUATION/2005-06 RWADA                           5,173,347    
     10. ENTRY 9 / 510000                                                 10.143    
     11. ENTRY 10 * .510                                                   5.172    
     12. 2007-08 RWADA AID RATIO  (1.000 - ENTRY 11, MAX .950)             0.000    
     13. SELECTED 2006-07 BLDG AID RATIO                                   0.000    
     14. SELECTED 2007-08 BLDG AID RATIO (> OF ENT12 OR ENT13)             0.000    
                                                                                    
   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)             0.100    
                                                                                    
   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%                         0.000    
     17. REVISED SELECTED 2007-08 BLDG AID RATIO                                    
                             (> OF ENT 12 OR ENT 16, MAX .950)             0.000    
     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)             0.000    
     20. 2007-08 BLD3 SELECTED BUILDING AID RATIO ENHANCED                          
         BY 10% INCENTIVE            (ENT 17 + .100, MAX .950)             0.100    
                                                                                    
   IV.   2007-08 BUILDING AID RATIO FOR PROJECTS WITH VOTER APPROVAL                
         ON OR AFTER 7/1/2005                                                       
                                                                                    
     21. HIGH NEEDS SUPPLEMENT                  (ENT 17 * .05)             0.000    
     22. 0.98 MINUS 2007-08 SEL BUILDING AID RATIO BEFORE 10%                       
                                               (0.98 - ENT 17)             0.000    
     23. HIGH NEEDS SUPPLEMENTAL BUILDING AID RATIO (HNSBAR)                        
                                  (LESSER OF ENT 22 OR ENT 21)             0.000    
     24. SELECTED 2007-08 BUILDING AID RATIO BEFORE 10% PLUS                        
         HNSBAR                              (ENT 17 + ENT 23)             0.000    
     25. SELECTED 2007-08 BUILDING AID RATIO + HNSBAR ENHANCED                      
         BY 10% INCENTIVE            (ENT 24 + .100, MAX .980)             0.000    
     26. 2007-08 BLD4 SELECTED BUILDING AID RATIO ENHANCED                          
         BY 10% INCENTIVE (NON-HNSBAR DISTRICTS)      (ENT 20)             0.100    
                                                                                    

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