New York State Education Department 12/05/08
Office of Management Services
Local Assistance/State Aid
District Name: SYRACUSE CITY SD District Code: 421800
2008-09 Combined Fixed & Individualized General Aid Payment Schedule
with Spring Advance
1. 2008-09 General Aid Payable for Oct & Nov $217,091,763.00
2. 2008-09 General Aid Payable for Dec Payment $214,933,734.00
3. 2008-09 General Aid Jan-Jun (frozen 12/01/08) $214,933,734.00
4. 2008-09 Lottery VLT Grant $10,106,522.19
ADVANCES and FALL PAYMENTS:
5. General Aid Advances (incl Ch121 L1996 amended $1,197,297.77
6. Lottery Advances $27,002,702.23
7. Lottery Ratio Aid Payment $0.00
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 $15,899,161.90
12. October Gross Payment Amount $0.00
13. November Gross Payment Amount $7,628,639.80
14. December Gross Payment Amount $11,403,372.68
15. Balance 2008-09 S.3609-a General Aids due District $141,696,037.43
BASIC DATA FOR INDIVIDUALIZED MONTHLY PAYMENTS:
A. 2007-08 Total General Fund Expense 314,148,770.00
B. 2007-08 Non S.3609-a General Fund Aids 44,304,709.00
C. 2007-08 TRS Obligation 12,446,760.00
D. 2007-08 Building Debt Service 13,759,727.00
E. 2008-09 Building Debt Service 17,522,079.00
F. 2008-09 Lottery + Fixed Payments 47,232,012.48
G. Net TGFE for Indv Payments (A-B-C-D+E-F) 213,927,640.52
WINTER PAYMENTS:
16. January (01/02/09) $34,732,217.17
17. February (02/02/09) $21,392,764.05
18. March* (03/02/09) $21,392,764.05
SPRING ADVANCE:
19. Total April-June Payments before Spring Advance: $64,178,292.16
20. Sust Spring Adv (Ln 19 x .257371723722) @ 03/31/09** $16,517,677.67
NET SPRING PAYMENTS after Spring Advance:
21. Net April Payment (04/01/09) $4,875,086.38
22. Net May Payment (05/01/09) $21,392,764.05
23. Net Estimated June Payment (06/01/09)*** $21,392,764.06
*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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