New York State Education Department 12/08/06
Office of Management Services
Local Assistance/State Aid
District Name: FREDONIA CSD District Code: 062201
2006-07 Combined Fixed & Individualized General Aid Payment Schedule
with Spring Advance
1. 2006-07 S.3609-a General Aid Payable for Oct & Nov $10,314,446.00
2. 2006-07 S.3609-a General Aid Payable for Dec Payment $10,257,166.00
3. 2006-07 S.3609-a General Aid Jan-Jun (frozen 12/01/06) $10,257,166.00
ADVANCES and FALL PAYMENTS:
4. Roosevelt Loan (Chapter 33 Laws 2002) $0.00
5. Lottery Advances $0.00
6. Lottery Ratio Aid Payment $1,625,605.23
7. NYC & Yonkers SA-1 (Chap 57 Laws 2005) $0.00
8. Rochester Accrual (Chap 94 Laws 2002) $0.00
9. Public Pension Accrual (Chap 57 Laws 2005) $0.00
10. NYS Teacher Retirement Payments $914,162.95
11. October Gross Payment Amount $0.00
12. November Gross Payment Amount $136,947.84
13. December Gross Payment Amount $573,197.69
14. Balance 2006-07 S.3609-a General Aids due District $7,007,252.29
BASIC DATA FOR INDIVIDUALIZED MONTHLY PAYMENTS:
A. 2005-06 Total General Fund Expense 23,642,659.00
B. 2005-06 Non S.3609-a General Fund Aids 2,191,668.00
C. 2005-06 TRS Obligation 675,683.00
D. 2005-06 Building Debt Service 3,109,039.00
E. 2006-07 Building Debt Service 3,101,918.00
F. 2006-07 Lottery + Fixed Payments 2,335,750.76
G. Net TGFE for Indv Payments (A-B-C-D+E-F) 18,432,436.24
WINTER PAYMENTS:
15. January (01/02/07) $0.00
16. February (02/01/07) $0.00
17. March* (03/01/07) $1,477,521.41
SPRING ADVANCE:
18. Total April-June Payments before Spring Advance: $5,529,730.88
19. Sust Spring Adv (Ln 18 x .319730446483) @ 03/31/07** $1,768,023.32
NET SPRING PAYMENTS after Spring Advance:
20. Net April Payment (04/02/07) $75,220.31
21. Net May Payment (05/01/07) $1,843,243.62
22. Net Estimated June Payment (06/01/07)*** $1,843,243.63
*If necessary the March payment may be reduced to ensure that no more than the
State Fiscal Year appropriation for General Support for Public Schools is
expended by 03/31/07. Any reduction would then be added to the June payment.
**This Advance will have 50% of the Federal Share of Medicaid paid between
05/01/06 and 01/31/07 deducted from it. This amount is unknown at this time.
***The June payment will be recalculated based on data on file as of 05/01/07.
It will be based on the lesser of the district's aid including Growth and Full
Day K or the 'SA0607' run. This payment will also be reduced by 50% of
the Federal Share of Medicaid Payments received between 02/01/07 and 04/30/07.
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