2006-07 General State Aid Payments
Combined Fixed and Individualized Payment Schedule
with a Sustaining Spring Advance

  1. 2006-07 S. 3609-a General Aid Due District @ October and November: This is the total General Aids payable to the district based on the "SA0607" computer run. It does not include Growth and Full Day K Aid payable in June 2007, Deferred Building and Building Incentive Aids payable in July 2006 for projects with a notification of a contract date signed after 2/15/06, BOCES Aid, Excess Cost Aid, Textbook, Software and Library Materials Aid, Universal Prekindergarten, Early Grade Class Size Reduction, Tax Limitation, Teacher Support and Sound Basic Education Aids.
  2. 2006-07 S. 3609-a General Aid Due District @ December: This is the total General Aids payable to the district based on the lesser of either the district's calculated General Aids payable on the Gen Output report at the time of the payment calculation or the apportionment as reported in the school aid computer listing entitled "SA0607".
  3. 2006-07 S. 3609-a General Aid Due District frozen @ 12/01/06: This is the total General Aids payable to the district based on the lesser of either the district's preliminary data on file as of December 1, 2006 or the apportionment as reported in the school aid computer listing entitled "SA0607".

    4. FALL PAYMENTS (Fixed Schedule)

  4. Roosevelt Loan (Chapter 33 Laws 2002) : An apportionment of 2006-07 aid paid in June 2006 for salaries (including benefits) for the period April through June 2006 based on legislation.
  5. Lottery Advances: An advance of the September 2006 Lottery Aid payment made in June 2006.
  6. Lottery Ratio Aid Payment: that portion of the district's S.3609-a aids paid in September 2006 with Lottery funds (not including Lottery Textbook Aid).
  7. SA-1 (Chapter 57 Laws 2005): SA-1 Accrual based on salaries (including benefits) for the period April through June 2006 paid in September 2006 with Lottery and GSPS funds.
  8. Rochester Accrual (Chap 94 Laws 2002): Rochester Accrual based on salaries (including benefits) for the period April through June 2006 paid in September 2006 with Lottery and GSPS funds.
  9. Public Pension Accrual (Chap 57 Laws 2005): For those districts that applied for, and were granted, Public Pension Accruals paid in September 2006 with Lottery and GSPS funds.
  10. NYS TRS Payments: the amount paid on behalf of the district’s employer and employee contributions to the Teacher's Retirement System (TRS) on 2005-06 salaries plus the 2006-07 amortization payment and retirement incentives.
  11. October Gross Payment: the positive result of Line 1 minus Line 10, multiplied by .125, minus the Lottery Aid payment (line 6).
  12. November Gross Payment: the positive result of Line 1 minus Line 10, multiplied by .1875, minus the Lottery Aid (line 6) and the October Gross payment (line 11).
  13. December Gross Payment: the positive result of Line 2 minus Line 10, multiplied by .25, minus the Lottery Aid (line 6), and the October & November Gross payments (lines 11 & 12).
  14. Balance 2006-07 S. 3609-a Aid Due: the total aid due under S. 3609-a (line 3) less that paid to the district under the Fall Payment schedule.

    15. BASIC DATA FOR INDIVIDUALIZED MONTHLY PAYMENTS

    1. 2005-06 Total General Fund Expense The 2005-06 Total General Fund Expense. This may be estimated.
    2. 2005-06 Non 3609-a General Fund Aids The total of 2005-06 Aid reported as revenue to the General Fund but not payable under S.-3609-a. Included here are BOCES, Public and Private Excess Cost, Tax Limitation, Small Cities Aid, Fort Drum, Teacher Support grants and Sound Basic Education Aid.
    3. 2005-06 TRS Obligation This is the amount that was due TRS in the 2005-06 school year for employer contributions on 2004-05 salaries, the scheduled amortization payments, and retirement incentives.
    4. 2005-06 Building Debt Service Total approved debt service on bonds and bond anticipation notes for approved building projects expended from the General Fund during the 2005-06 school year.
    5. 2006-07 Building Debt Service The estimated total approved debt service on bonds and bond anticipation notes for approved building projects to be expended from the General Fund during the 2006-07 school year.
    6. 2006-07 Lottery & Fixed Payments This equals the Lottery Ratio Aid Payment, plus the "fixed" October, November and December gross payments.
    7. Net TGFE for Individualized Monthly Payments The 2005-06 Total General Fund Expense less the 2005-06 Non 3609-a General Fund Aids, 2005-06 TRS Obligation, 2005-06 Building Debt Service, 2006-07 Lottery Ratio Aid and Fall Fixed Payments, plus the 2006-07 Building Debt Service.

    Individualized Payment Schedule: payable on the first State business day of each month.

    WINTER PAYMENTS

  15. January Gross Payment: the positive result of the "Balance of 2006-07 S. 3609-a Aid Due" less fifty percent (50%) of the Net TGFE.
  16. February Gross Payment: the positive result of the "Balance of 2006-07 S.3609-a Aid Due" less the January payment, less forty percent (40%) of the Net TGFE.
  17. March Gross Payment: the positive result of the "Balance of 2006-07 S. 3609-a Aid Due" less the January and February payments, less thirty percent (30%) of the Net TGFE. 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 March 31, 2007. Any reduction would then be added to the June payment.

    18. SPRING PAYMENTS

  18. Total April-June Payments before Spring Advance: the sum of the April, May and estimated June payments (calculated as follows): The April payment before advance is the positive result of the "Balance of 2006-07 S. 3609-a Aid Due" less the January through March payments, less twenty percent (20%) of the Net TGFE. The May payment before advance is the positive result of the "Balance of 2006-07 S. 3609-a Aid Due" less the January through April payments, less ten percent (10%) of the Net TGFE. Estimated June payment before advances will equal the "Balance of 2006-07 S. 3609-a Aid Due" less the January through May payments.
  19. Sustaining Spring Advance An advance of spring payments to be paid on or before March 31, 2007 to sustain the advance payments made in the 2005-06 school year. The amount of the advance is the "Total Spring Payments Before Advances" multiplied by .319730446482. Please note that the Sustaining Spring Advance will be reduced by fifty percent (50%) of any Federal Share of Medicaid Reimbursement received by your school district between May 1, 2006 and January 31, 2007, pursuant to Title XIX of the Social Security Act. The total to be deducted is not known at this time.
  20. Net April Payment: the balance of the April payment due after deducting the Sustaining Spring Advance payment.
  21. Net May Payment: the balance of the May payment due after deducting the remaining Sustaining Spring Advance payment in excess of the April payment.
  22. Net Estimated June Payment: the balance of the June payment due after deducting the remaining Sustaining Spring Advance payment in excess of the April and May payments. The June payment will be recalculated based on data on file as of May 1, 2007. It will be based on the lesser of the district's calculated aid including Growth and Full Day K Aids payable in June or the "SA0607" computer run. Please note that the June payment will also be reduced by fifty percent (50%) of any Federal Medicaid Reimbursement received by your district between February 1, 2007 and April 30, 2007, pursuant to Title XIX of the Social Security Act.

 

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