DISTRICT CODE: 280213 STATE AID 2008-09
DISTRICT NAME: V STR THIRTEEN DATE: OCT 20, 2011
EDITION NO. 2466
DISTRICT LAST UPDATED ON 10/19/11
NOTE: DATA DISPLAYED IS TENTATIVE PENDING AUDIT
BUILDING FORMULA 4 AID OUTPUT REPORT(BLD4)
PART I: AIDABLE BUILDING AID EXPENSES FOR 2008-09 AID
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A. CAPITAL OUTLAY EXPENSES
1. CAPITAL OUTLAY EXCEPTION EXPENSES
(PROJECTS < 100001, EMERGENCY, SMALL CITY) 35,562
B. AIDABLE DEBT SERVICE EXPENSE FOR 2008-09 AID
2. 2008-09 ASSUMED DEBT SERVICE: PROSPECTIVE* 4,564
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
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10. SELECTED 1999-00 BLDG AID RATIO MINUS 10% 0.427
11. 2008-09 RWADA AID RATIO 0.358
12. REVISED SELECTED 2008-09 BLDG AID RATIO
(GREATER OF ENT 10 OR 11, MAX .950) 0.427
13. BLDG AID RATIO FOR LOW WEALTH AID ELIGIBLE DISTRICTS 0.427
14. 2008-09 BLD4 REVISED SELECTED BUILDING AID RATIO
ENHANCED BY 10% INCENTIVE (MAX .950) 0.527
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) 1,948
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) 456
24. AID RATIO AID FOR CAPITAL OUTLAY EXCEPTIONS
IF ENT 19 = 1 THEN (ENT 1 * ENT 17) ELSE (ENT 1 * ENT 12) 15,184
25. 10% INCENTIVE AID FOR CAPITAL OUTLAY EXCEPTIONS
IF ENT 19 = 1 THEN (ENT 1 * (ENT 18 - ENT 17)) ELSE
(ENT 1 * ENT 15) 3,556
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) 17,132
29. TOTAL REGULAR BUILDING AID: 10% INCENTIVE
(ENT 21 + ENT 23 + ENT 25) 4,012
30. TOTAL REGULAR BUILDING AID INCLUDING 10% INCENTIVE
(ENT 28 + ENT 29) 21,144
CLICK HERE FOR HNSBAR INFORMATION
PART III: CALCULATION OF 2008-09 REORGANIZATION INCENTIVE BUILDING AID
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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
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41. NATIVE AMERICAN BUILDING AID 0
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