New York State Education Department 12/10/07
Office of Management Services
Local Assistance/State Aid
District Name: DEPOSIT CSD District Code: 031301
2007-08 Combined Fixed & Individualized General Aid Payment Schedule
with Spring Advance
1. 2007-08 General Aid Payable for Oct & Nov $4,535,711.00
2. 2007-08 General Aid Payable for Dec Payment $4,525,137.00
3. 2007-08 General Aid Jan-Jun (frozen 12/01/07) $4,525,137.00
4. 2007-08 Lottery VLT Grant $106,801.95
ADVANCES and FALL PAYMENTS:
5. Roosevelt Loan (Chapter 33 Laws 2002) $0.00
6. Lottery Advances $0.00
7. Lottery Ratio Aid Payment $581,010.56
8. NYC & Yonkers SA-1 (Chap 58 Laws 2006) $0.00
9. Rochester Accrual (Chap 94 Laws 2002) $0.00
10. Public Pension Accrual (Chap 61 Laws 2006) $0.00
11. NYS Teacher Retirement Payments $408,966.15
12. October Gross Payment Amount $0.00
13. November Gross Payment Amount $172,728.73
14. December Gross Payment Amount $248,602.94
15. Balance 2007-08 S.3609-a General Aids due District $3,007,026.67
BASIC DATA FOR INDIVIDUALIZED MONTHLY PAYMENTS:
A. 2006-07 Total General Fund Expense 12,973,509.00
B. 2006-07 Non S.3609-a General Fund Aids 1,620,036.00
C. 2006-07 TRS Obligation 360,233.00
D. 2006-07 Building Debt Service 930,292.00
E. 2007-08 Building Debt Service 899,890.00
F. 2007-08 Lottery + Fixed Payments 1,002,342.23
G. Net TGFE for Indv Payments (A-B-C-D+E-F) 9,960,495.77
WINTER PAYMENTS:
16. January (01/02/08) $0.00
17. February (02/01/08) $0.00
18. March* (03/03/08) $18,877.93
SPRING ADVANCE:
19. Total April-June Payments before Spring Advance: $2,988,148.74
20. Sust Spring Adv (Ln 19 x .294882034525) @ 03/31/08** $881,151.37
NET SPRING PAYMENTS after Spring Advance:
21. Net April Payment (04/01/08) $114,898.21
22. Net May Payment (05/01/08) $996,049.58
23. Net Estimated June Payment (06/02/08)*** $996,049.58
*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 03/31/08. Any reduction would then be added to the June payment.
**This Advance will have 50% of the Federal Share of Medicaid paid between
05/01/07 and 01/31/08 deducted from it. This amount is unknown at this time.
***The June payment will be recalculated based on data on file as of 05/01/08.
It will be based on the lesser of the district's calculated aid including Full
Day K or the 'SA0708' run. This payment will also be reduced by 50% of
the Federal Share of Medicaid Payments received between 02/01/08 and 04/30/08.
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