New York State Education Department             12/16/13      
                         Office of Management Services                              
                           Local Assistance/State Aid                               
                                                                                    
District Name: WELLS CSD                                District Code: 200901       
    
    
    
                                                                                    
      2013-14 Combined Fixed & Individualized General Aid Payment Schedule          
                             with Spring Advance                                    
                                                                                    
 1. 2013-14 General Aid Payable for Oct & Nov                      $879,896.00      
 2. 2013-14 General Aid Payable for Dec Payment                    $864,433.00      
 3. 2013-14 General Aid Jan-Jun (frozen 12/01/13)                  $864,433.00      
 4. 2013-14 Lottery VLT Grant                                       $52,664.31      
                                                                                    
ADVANCES and FALL PAYMENTS:                                                         
 5. General Aid Advances (incl Ch121 L1996 amended)                      $0.00      
 6. Lottery Advances                                                     $0.00      
 7. Lottery Ratio Aid Payment                                            $0.00      
 8. NYC & Yonkers SA-1 (Chap 58 Laws 2013)                               $0.00      
 9. Rochester Accrual (Chap 94 Laws 2002)                                $0.00      
10. Public Pension Accrual (Chap 58 Laws 2013)                           $0.00      
11. NYS Teacher Retirement Payments                                $232,900.26      
12. October Gross Payment Amount                                    $74,291.43      
13. November Gross Payment Amount                                   $37,145.71      
14. December Gross Payment Amount                                   $33,279.97      
15. Balance 2013-14 S.3609-a General Aids due District             $434,151.32      
                                                                                    
BASIC DATA FOR INDIVIDUALIZED MONTHLY PAYMENTS:                                     
A. 2012-13 Total General Fund Expense                            $4,591,669.00      
B. 2012-13 Non S.3609-a General Fund Aids                          $207,394.00      
C. 2012-13 TRS Obligation                                          $194,155.00      
D. 2012-13 Building Debt Service                                         $0.00      
E. 2013-14 Building Debt Service                                         $0.00      
F. 2013-14 Lottery +  Fixed Payments                               $144,717.11      
G. Net TGFE for Indv Payments (A-B-C-D+E-F)                      $4,045,402.89      
                                                                                    
WINTER PAYMENTS:                                                                    
16. January  (on or before 01/31/14)                                     $0.00      
17. February (on or before 02/28/14)                                     $0.00      
18. March*   (on or before 03/31/14)                                     $0.00      
                                                                                    
SPRING ADVANCE:                                                                     
19. Total April-June Payments before Spring Advance:               $434,151.32      
20. Sust Spring Adv (Ln 19 x .261811324261) @ 03/31/14**           $113,665.73      
                                                                                    
NET SPRING PAYMENTS after Spring Advance:                                           
21. Net April Payment (on or before 04/30/14)                            $0.00      
22. Net May Payment   (on or before 05/30/14)                            $0.00      
23. Net Est. June Payment (on or before 06/30/14)***               $320,485.59      
                                                                                    
*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 03/31/14. Any reduction would then be added to the June payment.        
**This Adv will be reduced by 50% of the Fed Share of Medicaid Pymt(for the time    
prior to 7/1/09) and made btwn 4/1/13 & 12/31/13. Amt is unknown at this time.      
***The June payment will be recalculated based on data on file as of 5/1/14. It     
will be based on the lesser of the district's calculated aid incl Full Day K or     
the 'SA1314' run. This payment will also be reduced by 50% of the Fed Share of      
Medicaid Pymt (for the time prior to 7/1/09) and received 1/1/14 thru 3/31/14.      
                                                                             

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