New York State Education Department 12/19/05
Office of Management Services
Local Assistance/State Aid
District Name: GLOVERSVILLE CITY SD District Code: 170500
2005-06 Combined Fixed & Individualized General Aid Payment Schedule
with Spring Advance
1. 2005-06 S.3609-a General Aid Payable for Oct & Nov $16,774,786.00
2. 2005-06 S.3609-a General Aid Payable for Dec Payment $16,689,913.00
3. 2005-06 S.3609-a General Aid Due (frozen @ 12/01/05) $16,702,265.00
ADVANCES and FALL PAYMENTS:
4. Roosevelt Loan (Chapter 33 Laws 2002) $0.00
5. Lottery Advances $0.00
6. Lottery Ratio Aid Payment $3,432,868.13
7. Chap 57 Laws 2004 SA-1 Accruals based on salaries $0.00
8. Rochester Accrual (Chap 94 Laws 2002) $0.00
9. Public Pension Accrual (Chap 57 Laws 2005) $0.00
10. NYS Teachers Retirement Payments $1,124,525.72
11. October Gross Payment Amount $0.00
12. November Gross Payment Amount $0.00
13. December Gross Payment Amount $458,478.69
14. Balance 2005-06 S.3609-a General Aids due District $11,686,392.46
BASIC DATA FOR INDIVIDUALIZED MONTHLY PAYMENTS:
A. 2004-05 Total General Fund Expense 35,857,730.00
B. 2004-05 Non S.3609-a General Fund Aids 6,830,373.00
C. 2004-05 TRS Obligation 943,567.00
D. 2004-05 Building Debt Service 996,356.00
E. 2005-06 Building Debt Service 1,256,365.00
F. 2005-06 Lottery + Fixed Payments 3,891,346.82
G. Net TGFE for Indv Payments (A-B-C-D+E-F) 24,452,452.18
WINTER PAYMENTS:
15. January (01/03/06) $0.00
16. February (02/01/06) $1,905,411.58
17. March (03/01/06) $2,445,245.22
SPRING ADVANCE:
18. Total April-June Payments before Spring Advance: $7,335,735.66
19. Sust Spring Adv (Ln 18 x .338361685103) @ 03/31/06 $2,482,131.87
NET SPRING PAYMENTS after Spring Advance:
20. Net April Payment (04/01/06) $0.00
21. Net May Payments (05/01/06) $2,408,358.57
22. Net Estimated June Payment (06/01/06) $2,445,245.22
NYSED HOME PAGE | STATE AID HOME PAGE | DISTRICT HOME PAGE