New York State Education Department

State Aid Building - Aidable Debt Service for projects with debt still outstanding as of 7-1-2002

District: WANTAGH UFSD (280223)

 

280223 WANTAGH UFSD
Amount Issued: 3,800,000 BLD
Date of Original Issuance: 09 / 18 / 1997

 

Building
Code
Project
Nunber
Allowable
Cost
New Construction
Cost
Additions
Cost
Alteration /
Reconstruction
Cost
Maximum
Project
Life
Weighted
Useful Life

0001 014 1,541,386 0 0 1,541,386 15.0 23,120,790
0006 011 664,183 0 0 664,183 15.0 9,962,745
0008 006 588,181 0 330,155 258,026 18.0 10,587,258
7999 002 4,625,675 0 0 4,625,675 15.0 69,385,125


7,419,425 113,055,918

Blended Maximum Useful Life : 15.0
Original Term of Bond : 15.0
Selected Maximum Useful Life : 15.0
Period Prior to 1 July 2002 : 4.0
Sel. Remaining Term for Amortization : 11.0
Principal Outstanding as of July 2002 : 3,200,000
Assumed Interest Rate : 4.500%
Debt Service for Amortization Year 8 of 11 : 372,021
Bond Percent : 87.144%
Aidable Debt Service for Amortization Year 8 of 11 : 324,194

 

280223 WANTAGH UFSD
Amount Issued: 989,916 BLD
Date of Original Issuance: 04 / 20 / 1998

 

Building
Code
Project
Nunber
Allowable
Cost
New Construction
Cost
Additions
Cost
Alteration /
Reconstruction
Cost
Maximum
Project
Life
Weighted
Useful Life

0001 016 222,145 0 0 222,145 15.0 3,332,175
0004 006 69,189 0 0 69,189 15.0 1,037,835
0005 006 75,311 0 0 75,311 15.0 1,129,665
0006 013 512,256 0 0 512,256 15.0 7,683,840
0008 008 122,840 0 0 122,840 15.0 1,842,600


1,001,741 15,026,115

Blended Maximum Useful Life : 15.0
Original Term of Bond : 10.0
Selected Maximum Useful Life : 15.0
Period Prior to 1 July 2002 : 4.0
Sel. Remaining Term for Amortization : 11.0
Principal Outstanding as of July 2002 : 649,022
Assumed Interest Rate : 4.500%
Debt Service for Amortization Year 8 of 11 : 75,453
Bond Percent : 99.999%
Aidable Debt Service for Amortization Year 8 of 11 : 75,452

 

 

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