New York State Education Department 12/10/07
Office of Management Services
Local Assistance/State Aid
District Name: WEST VALLEY CSD District Code: 040204
2007-08 Combined Fixed & Individualized General Aid Payment Schedule
with Spring Advance
1. 2007-08 General Aid Payable for Oct & Nov $3,742,919.00
2. 2007-08 General Aid Payable for Dec Payment $3,742,015.00
3. 2007-08 General Aid Jan-Jun (frozen 12/01/07) $3,742,015.00
4. 2007-08 Lottery VLT Grant $88,134.15
ADVANCES and FALL PAYMENTS:
5. Roosevelt Loan (Chapter 33 Laws 2002) $0.00
6. Lottery Advances $0.00
7. Lottery Ratio Aid Payment $443,995.74
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 $253,579.31
12. October Gross Payment Amount $0.00
13. November Gross Payment Amount $193,730.30
14. December Gross Payment Amount $212,349.35
15. Balance 2007-08 S.3609-a General Aids due District $2,550,226.15
BASIC DATA FOR INDIVIDUALIZED MONTHLY PAYMENTS:
A. 2006-07 Total General Fund Expense 7,372,851.00
B. 2006-07 Non S.3609-a General Fund Aids 1,120,381.00
C. 2006-07 TRS Obligation 221,575.00
D. 2006-07 Building Debt Service 773,619.00
E. 2007-08 Building Debt Service 771,231.00
F. 2007-08 Lottery + Fixed Payments 850,075.39
G. Net TGFE for Indv Payments (A-B-C-D+E-F) 5,178,431.61
WINTER PAYMENTS:
16. January (01/02/08) $0.00
17. February (02/01/08) $478,853.50
18. March* (03/03/08) $517,843.16
SPRING ADVANCE:
19. Total April-June Payments before Spring Advance: $1,553,529.49
20. Sust Spring Adv (Ln 19 x .294882034525) @ 03/31/08** $458,107.93
NET SPRING PAYMENTS after Spring Advance:
21. Net April Payment (04/01/08) $59,735.23
22. Net May Payment (05/01/08) $517,843.16
23. Net Estimated June Payment (06/02/08)*** $517,843.17
*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.
NYSED HOME PAGE | STATE AID HOME PAGE | DISTRICT HOME PAGE