New York State Education Department 12/05/08
Office of Management Services
Local Assistance/State Aid
District Name: NIAGARA FALLS CITY SD District Code: 400800
2008-09 Combined Fixed & Individualized General Aid Payment Schedule
with Spring Advance
1. 2008-09 General Aid Payable for Oct & Nov $75,413,448.00
2. 2008-09 General Aid Payable for Dec Payment $75,325,165.00
3. 2008-09 General Aid Jan-Jun (frozen 12/01/08) $75,325,165.00
4. 2008-09 Lottery VLT Grant $3,510,808.86
ADVANCES and FALL PAYMENTS:
5. General Aid Advances (incl Ch121 L1996 amended $0.00
6. Lottery Advances $0.00
7. Lottery Ratio Aid Payment $9,647,704.60
8. NYC & Yonkers SA-1 (Chap 57 Laws 2007) $0.00
9. Rochester Accrual (Chap 94 Laws 2002) $0.00
10. Public Pension Accrual (Chap 57 Laws 2007) $0.00
11. NYS Teacher Retirement Payments $4,263,416.44
12. October Gross Payment Amount $0.00
13. November Gross Payment Amount $3,034,649.66
14. December Gross Payment Amount $4,205,380.67
15. Balance 2008-09 S.3609-a General Aids due District $50,663,204.77
BASIC DATA FOR INDIVIDUALIZED MONTHLY PAYMENTS:
A. 2007-08 Total General Fund Expense 123,158,173.00
B. 2007-08 Non S.3609-a General Fund Aids 20,821,521.00
C. 2007-08 TRS Obligation 4,110,996.00
D. 2007-08 Building Debt Service 9,442,983.00
E. 2008-09 Building Debt Service 9,460,275.00
F. 2008-09 Lottery + Fixed Payments 16,887,734.93
G. Net TGFE for Indv Payments (A-B-C-D+E-F) 81,355,213.07
WINTER PAYMENTS:
16. January (01/02/09) $9,985,598.23
17. February (02/02/09) $8,135,521.31
18. March* (03/02/09) $8,135,521.30
SPRING ADVANCE:
19. Total April-June Payments before Spring Advance: $24,406,563.93
20. Sust Spring Adv (Ln 19 x .257371723722) @ 03/31/09** $6,281,559.42
NET SPRING PAYMENTS after Spring Advance:
21. Net April Payment (04/01/09) $1,853,961.89
22. Net May Payment (05/01/09) $8,135,521.31
23. Net Estimated June Payment (06/01/09)*** $8,135,521.31
*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 03/31/09. Any reduction would then be added to the June payment.
**This Advance will have 50% of the Federal Share of Medicaid paid between
05/01/08 and 01/31/09 deducted from it. This amount is unknown at this time.
***The June payment will be recalculated based on data on file as of 05/01/09.
It will be based on the lesser of the district's calculated aid including Full
Day K or the 'SA0809' run. This payment will also be reduced by 50% of
the Federal Share of Medicaid Payments received between 02/01/09 and 04/30/09.
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