DISTRICT CODE:  200901                                     STATE AID    2008-09     
DISTRICT NAME:  WELLS                                      DATE:  AUG  10, 2011     
                                                           EDITION NO.     2346     
DISTRICT LAST UPDATED ON 08/02/11                                                   
NOTE: DATA DISPLAYED ARE PROJECTED EXPENSES FOR 08-09 AID                           
                                                                                    
BUILDING AID OUTPUT REPORT (BLD-EST)                                     PAGE 1     
                                                                                    
 PART I:  AIDABLE BUILDING AID EXPENSES FOR 2009-10 AID                             
 ______________________________________________________                             
                                                                                    
 A.  CAPITAL OUTLAY EXPENSES                                                        
                                                                                    
      1. NOT USED                                                                   
      2. NOT USED                                                                   
                                                                                    
 B.  AIDABLE DEBT SERVICE EXPENSE FOR 2008-09 AID                                   
                                                                                    
      3. 2009-10 ASSUMED DEBT SERVICE: RETRO*                          76,832       
      4. 2009-10 ASSUMED DEBT SERVICE: RETRO, REORG INCENTIVE                       
         ELIGIBLE                                                           0       
      5. 2009-10 CONTINUING DEBT SERVICE FOR WAIVERED BOND                          
         ISSUES*                                                            0       
      6. 2009-10 CONTINUING DEBT SERVICE FOR WAIVERED BOND                          
         ISSUES, REORG INCENTIVE EIGIBLE                                    0       
      7. 2009-10 ASSUMED DEBT SERVICE: PROSPECTIVE**                        0       
      8. 2009-10 ASSUMED DEBT SERVICE: PROSPECTIVE, REORG                           
         INCENTIVE ELIGIBLE                                                 0       
      9. 2009-10 ASSUMED AMORTIZATION FOR CAPITAL OUTLAYS                           
         INCURRED AFTER 6/30/02 FOR PROJECTS APPROVED BEFORE                        
         7/1/02                                                             0       
     10. 2009-10 ASSUMED AMORTIZATION FOR CAPITAL OUTLAYS                           
         INCURRED AFTER 6/30/02 FOR PROJECTS APPROVED BEFORE                        
         7/1/02, REORG INCENTIVE ELIGIBLE                                   0       
     11. 2008-09 ASSUMED DEBT SERVICE: PROSPECTIVE EXPENSE FOR                      
         THE INITIAL 2009-10 AID PAYMENT IN JULY 2009***                    0       
     12. 2008-09 ASSUMED DEBT SERVICE: PROSPECTIVE EXPENSE FOR                      
         THE INITIAL 2009-10 AID PAYMENT IN JULY 2009, REORG                        
         INCENTIVE ELIGIBLE                                                 0       
     13. 2007-08 ASSUMED DEBT SERVICE: PROSPECTIVE EXPENSE FOR                      
         THE INITIAL 2009-10 AID PAYMENT IN JULY 2009****                   0       
     14. 2007-08 ASSUMED DEBT SERVICE: PROSPECTIVE EXPENSE FOR                      
         THE INITIAL 2009-10 AID PAYMENT IN JULY 2009, REORG                        
         INCENTIVE ELIGIBLE                                                 0       
                                                                                    
 CLICK HERE FOR 0809 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 2009-10 ASSUMED DEBT SERVICE PROSPECTIVE AMOUNTS INCLUDE PROJECTS APPROVED PRIOR TO JANUARY 1, 2009 FOR WHICH A NOTIFICATION OF A SIGNED CONTRACT WAS ON FILE WITH THE DEPARTLMENT BY THE NOVEMBER 2008 DATABASE. ***PURSUANT TO EDUCATION LAW 3602-6E(3)(a) REGARDING THE 2008-09 ASSUMED DEBT SERVICE: PROSPECTIVE EXPENSES FOR THE INITIAL 2009-10 AID PAYMENT IN JULY 2009 ARE EXPENSES FOR BUILDING PROJECTS WITH COMMISSIONER APPROVAL BY 12/31/07 AND NOTIFICATION OF A SIGNED CONSTRUCTION CONTRACT AWARD ON FILE WITH THE DEPARTMENT AFTER THE NOVEMBER 2007 DATABASE BUT BEFORE THE NOVEMBER 2008 DATABASE. CLICK HERE FOR PROSPECTIVE PROJECT INFORMATION
****PURSUANT TO EDUCATION LAW 3602-6E(3)(a) REGARDING THE 2007-08 ASSUMED DEBT SERVICE: PROSPECTIVE EXPENSES FOR THE INITIAL 2009-10 AID PAYMENT IN JULY 2009 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 11/15/07 AND BEFORE 7/1/08. C. AIDABLE EXPENSE ASSOCIATED WITH THE COST OF REFINANCING EXISTING DEBT WITH PRINCIPAL OUTSTANDING AS OF 6/30/02 15. 2009-10 ASSUMED DEBT SERVICE FOR FIXED COST OF REFINANCING 0 16. 2009-10 ASSUMED DEBT SERVICE FOR STATE SHARE OF VARIABLE COSTS 0 17. 2009-10 ASSUMED DEBT SERVICE FOR STATE SHARE OF ADDITIONAL PRINCIPAL 0 18. TOTAL ASSUMED DEBT SERVICE FOR STATE SHARE OF THE BONDED COSTS OF REFINANCING (100% REIMBURSED) (ENT 15 + ENT 16 + ENT 17) 0 19. 2009-10 ASSUMED DEBT SERVICE FOR LOCAL SHARE OF THE VARIABLE COSTS OF REFINANCING 0 20. 2009-10 ASSUMED DEBT SERVICE FOR LOCAL SHARE OF THE VARIABLE COSTS OF REFINANCING, REORG INCENTIVE ELIGIBLE 0 21. 2008-09 TOTAL FEES AND CHARGES NOT PAID FROM THE PROCEEDS OF REFUNDING BONDS (E.G., PAID FROM CASH OUTLAY) (100% REIMBURSED) 0 SEE THE WEB FOR BOND LEVEL INFORMATION 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. 22. 2009-10 LEASE EXPENSE 0 23. 2009-10 LEASE EXPENSE, REORG INCENTIVE ELIGIBLE 0

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