DISTRICT CODE:  200601                                     STATE AID    2008-09     
DISTRICT NAME:  LAKE PLEASANT                              DATE:  NOV  14, 2014     
                                                           EDITION NO.     3786     
DISTRICT LAST UPDATED ON 10/29/14                                                   
NOTE: DATA DISPLAYED IS TENTATIVE PENDING AUDIT                                     
                                                                                    
BUILDING FORMULA 4 AID OUTPUT REPORT(BLD4)                                          
                                                                                    
 PART I:  AIDABLE BUILDING AID EXPENSES FOR 2008-09 AID                             
 ______________________________________________________                             
                                                                                    
 A.  CAPITAL OUTLAY EXPENSES                                                        
                                                                                    
      1. CAPITAL OUTLAY EXCEPTION EXPENSES                                          
                     (PROJECTS < 100001, EMERGENCY, SMALL CITY)                0    
                                                                                    
 B.  AIDABLE DEBT SERVICE EXPENSE FOR 2008-09 AID                                   
                                                                                    
      2. 2008-09 ASSUMED DEBT SERVICE: PROSPECTIVE*                            0    
      3. 2008-09 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.                                  
                                                                                    
     PURSUANT TO EDUCATION LAW 3602-6E(3)(a), BUILDING PROJECTS WITH                
     COMMISSIONER APPROVAL BY 12/31/07 AND INCLUDED IN THE ESTIMATES OF             
     2008-09 AID FOR THE ENACTED SA0809 COMPUTER RUN DATED 4/03/08, ARE             
     ELIGIBLE FOR AID IN 2008-09. FOR PROJECTS WITH COMMISSIONER                    
     APPROVAL BY 12/31/07 BUT WITHOUT NOTIFICATION OF A SIGNED CONTRACT             
     ON FILE WITH THE DEPARTMENT BY THE NOVEMBER 2007 DATABASE WILL BE              
     FIRST ELIGIBLE FOR AID IN 2009-10.                                             
                                                                                    
 CLICK HERE FOR PROSPECTIVE PROJECT INFORMATION
C. LOW WEALTH SCHOOL DISTRICTS 4. 2008-09 EXPENSE FOR LOW WEALTH AID ELIGIBLE BUILDING PROJECTS** 0 **BUILDING 4 EXPENSES ELIGIBLE FOR LOW WEALTH AID ARE FOR BUILDING PROJECTS WITH VOTER APPROVAL BETWEEN 7/1/05 AND 6/30/08. PROJECTS APPROVED BY THE VOTERS BETWEEN 7/1/05 AND 6/30/08 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. 2008-09 LEASE EXPENSE - NOT 10% ELIGIBLE 0 6. 2008-09 LEASE EXPENSE - 10% ELIGIBLE 0 7. 2008-09 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE NOT 10% ELIGIBLE 0 8. 2008-09 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE 10% ELIGIBLE 0 E. ENERGY PERFORMANCE CONTRACTS 9. 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 AND HNSBAR. PART II: CALCULATION OF 2008-09 BUILDING AID ____________________________________________ 10. SELECTED 1999-00 BLDG AID RATIO MINUS 10% 0.000 11. 2008-09 RWADA AID RATIO 0.000 12. REVISED SELECTED 2008-09 BLDG AID RATIO (GREATER OF ENT 10 OR 11, MAX .950) 0.000 13. BLDG AID RATIO FOR LOW WEALTH AID ELIGIBLE DISTRICTS 0.000 14. 2008-09 BLD4 REVISED SELECTED BUILDING AID RATIO ENHANCED BY 10% INCENTIVE (MAX .950) 0.100 15. 2008-09 BLD4 10% INCENTIVE DECIMAL (ENT 14 - ENT 12) 0.100 16. HIGH NEEDS SUPPLEMENTAL BUILDING AID RATIO (HNSBAR) 0.000 17. SELECTED 2008-09 BUILDING AID RATIO BEFORE 10% PLUS HNSBAR 0.000 18. SELECTED 2008-09 BUILDING AID RATIO + HNSBAR ENHANCED BY 10% INCENTIVE (ENT 17 + .100, MAX .980) 0.000 19. HNSBAR DISTRICT INDICATOR (1 = YES) 0 20. AID RATIO AID FOR LEASE EXPENSE IF ENT 19 = 1 THEN ((ENT 5 + ENT 6) * ENT 17) ELSE ((ENT 5 + ENT 6) * ENT 12) 0 21. BLDG AID FOR LEASE EXPENSE ELIGIBLE FOR 10% INCENTIVE IF ENT 19 = 1 THEN (ENT 6 * (ENT 18 - ENT 17)) ELSE (ENT 6 * ENT 15) 0 22. AID RATIO BLD AID FOR ASSUMED DEBT SERVICE:PROSPECTIVE IF ENT 19 = 1 THEN ((ENT 2 - ENT 4 - ENT 9) * ENT 17) ELSE ((ENT 2 - ENT 4 - ENT 9) * ENT 12) 0 23. 10% INCENTIVE AID FOR ASSUMED DEBT SERVICE:PROSPECTIVE IF ENT 19 = 1 THEN (ENT 2 - ENT 9 * (ENT 18 - ENT 17)) ELSE (ENT 2 * ENT 15) 0 24. AID RATIO AID FOR CAPITAL OUTLAY EXCEPTIONS IF ENT 19 = 1 THEN (ENT 1 * ENT 17) ELSE (ENT 1 * ENT 12) 0 25. 10% INCENTIVE AID FOR CAPITAL OUTLAY EXCEPTIONS IF ENT 19 = 1 THEN (ENT 1 * (ENT 18 - ENT 17)) ELSE (ENT 1 * ENT 15) 0 26. ADDITIONAL BLDG AID FOR LOW WEALTH SCHOOL DISTRICTS (ENT 4 * ENT 13) 0 27. BLDG AID FOR ENERGY PERFORMANCE CONTRACTS (ENT 9 * ENT 12) 0 28. TOTAL REGULAR BUILDING AID: AID RATIO AID (ENT 20 + ENT 22 + ENT 24 + ENT 26 + ENT 27) 0 29. TOTAL REGULAR BUILDING AID: 10% INCENTIVE (ENT 21 + ENT 23 + ENT 25) 0 30. TOTAL REGULAR BUILDING AID INCLUDING 10% INCENTIVE (ENT 28 + ENT 29) 0 CLICK HERE FOR HNSBAR INFORMATION
PART III: CALCULATION OF 2008-09 REORGANIZATION INCENTIVE BUILDING AID ______________________________________________________________________ 31. TOTAL BUILDING EXPENSE REORGANIZATION INCENTIVE ELIGIBLE (ENT 3 + ENT 7 + ENT 8) 0 32. BUILDING AID ON REORG INCENTIVE ELIGIBLE EXPENSE IF ENT 19 = 1 THEN ((ENT 31 - ENT 4 - ENT 9) * ENT 18) ELSE ((ENT 31 - ENT 4 - ENT 9) * ENT 14) 0 33. BUILDING AID ON REORG INCENTIVE ELIGIBLE EXPENSE FOR LOW WEALTH ELIGIBLE PROJECTS (ENT 4 * ENT 13) 0 34. BUILDING AID ON REORG INCENTIVE ELIGIBLE EXPENSE FOR LOW WEALTH ELIGIBLE PROJECTS - 10% INCENTIVE (ENT 4 * ENT 15) 0 35. BUILDING AID ON REORG INCENTIVE ELIGIBLE EXPENSE FOR ENERGY PERFORMANCE CONTRACT PROJECTS (ENT 9 * ENT 12) 0 36. REORGANIZATION INCENTIVE DECIMAL (.25 OR .30) 0.00 37. UNCAPPED REORGANIZATION INCENTIVE AID ((ENT 32 + ENT 33 + ENT 34 +ENT 35) * ENT 36) 0 38. 95% (HNSBAR DISTRICTS 98%) OF THE TOTAL BUILDING EXPENSE ELIGIBLE FOR REORGANIZATION INCENTIVE IF ENT 19 = 1 THEN (ENT 31 * 0.98) ELSE (ENT 31 * 0.95) 0 39. MAXIMUM REORGANIZATION INCENTIVE AID (ENT 38 - ENT 32 - ENT 33 - ENT 34 - ENT 35) 0 40. REORGANIZATION INCENTIVE BUILDING AID (LESSER OF ENT 37 OR ENT 39) 0 PART IV: NATIVE AMERICAN BUILDING AID PAYABLE DURING 2008-09 ______________________________________________________________ 41. NATIVE AMERICAN BUILDING AID 0

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