STATE AID BUILDING - PRELIMINARY CAPITAL OUTLAY AMORTIZATION
DISTRICT: 580801 SMITHTOWN DATE: 09/04/08
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1. THIS REPORT IS BASED ON A PRELIMINARY AMORTIZATION SCHEDULE AND WILL BE USED FOR
2004-05 AID PROJECTIONS ONLY. THE SCHEDULE WILL BE RECALCULATED IN FALL 2004 FOR
PAYMENT PURPOSES, BASED ON UPDATED CAPITAL BALANCE INFORMATION.
2. AID RATIOS: BLD: PROJECTS APPROVED < 7/1/1998
BLD10: PROJECTS APPROVED 7/1/1998 - 6/30/2000
BLD3: PROJECTS APPROVED > 6/30/2000
3. THE NUMBER OF ASSUMED PAYMENTS IS THE POSITIVE REMAINDER OF THE PROJECTS MAXIMUM USEFUL
LIFE LESS 1 YEAR, TRUNCATED.
PPU: PROSPECTIVE PROJECTS: ALT/RECON = 15, ADDITION = 20, NEW = 30, AS ASSIGNED FOR
PURPOSES OF PROSPECTIVE AMORTIZATION OF APPROVED BORROWING COSTS.
CAPITAL ONLY RETRO PROJECTS: SAME AS ABOVE.
RETRO PROJECTS: MAXIMUM PROJECT LIFE AS DISPLAYED ON THE INDIVIDUAL PROJECT
LISTING FOR RETRO BOND(S) FUNDING THIS PROJECT (SEE RETRO PROJECT WEB REPORT).
4. THE ASSUMED ANNUAL AIDABLE EXPENSE IS THE QUOTIENT OF THE CAPITAL BALANCE AND THE
NUMBER OF ASSUMED PAYMENTS, TRUNCATED TO THE NEAREST WHOLE DOLLAR.
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PROJECT NUMBER: 0001-002 PROJECT NAME: NESCONSET ELEM S
AMORTIZED CAPITAL BALANCE: 90,000 VOTER AUTHORIZATION DATE: 00/00/0000
ASSUMED PAYMENTS: 14 AID RATIO: BLD
ASSUMED ANNUAL AIDABLE EXPENSE: 6,428 TYPE: RETRO
AID YEAR STARTING JULY 2004 CMMSR APP DATE: 06/13/89
PPU: 15.0 CONTRACT DATE: 07/10/89
PROJECT NUMBER: 0023-010 PROJECT NAME: SMITHTOWN HIGH SCHOOL-EAST
AMORTIZED CAPITAL BALANCE: 180,068 VOTER AUTHORIZATION DATE: 00/00/0000
ASSUMED PAYMENTS: 14 AID RATIO: BLD
ASSUMED ANNUAL AIDABLE EXPENSE: 12,862 TYPE: RETRO
AID YEAR STARTING JULY 2004 CMMSR APP DATE: 07/09/91
PPU: 15.0 CONTRACT DATE: 07/29/94
PROJECT NUMBER: 0038-015 PROJECT NAME: SMITHTOWN HIGH SCHOOL
AMORTIZED CAPITAL BALANCE: 559,723 VOTER AUTHORIZATION DATE: 06/15/2000
ASSUMED PAYMENTS: 14 AID RATIO: BLD10
ASSUMED ANNUAL AIDABLE EXPENSE: 39,980 TYPE: RETRO
AID YEAR STARTING JULY 2004 CMMSR APP DATE: 06/28/01
PPU: 15.0 CONTRACT DATE: 03/12/02
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