New York State Education Department

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

District: NORTH BABYLON UFSD (580103)

 

580103 NORTH BABYLON UFSD
Amount Issued: 3,000,000 BLD-10
Date of Original Issuance: 06 / 20 / 2000

 

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

0003 016 5,188,342 0 0 5,188,342 15.0 77,825,130


5,188,342 77,825,130

Blended Maximum Useful Life : 15.0
Original Term of Bond : 18.0
Selected Maximum Useful Life : 18.0
Period Prior to 1 July 2002 : 2.0
Sel. Remaining Term for Amortization : 16.0
Principal Outstanding as of July 2002 : 2,785,000
Assumed Interest Rate : 4.500%
Debt Service for Amortization Year 15 of 16 : 246,050
Bond Percent : 100.000%
Aidable Debt Service for Amortization Year 15 of 16 : 246,050

 

Additional Costs Attributable to Refinancing
A. Total Amount of Refinancing Issued (SA-132A # 7) : 2,650,000
B. Bond Percent : 99.260%
C. Applicable Building Aid Ratio : 84.2%
D. State Share of Outstanding Principal Refinanced (SA-132A # 3 * B * C) : 2,327,617
E. Amount of Original Principal Refinanced (SA-132A # 4) : 2,324,120
F. State Share Ratio (D / E) : 100.0%
G. Total Fixed Cost Aided at 100% (SA-132A # 13) : 1,350
H. Total Variable Costs of Refinancing (SA-132A # 23) : 69,852
I. State Share of Variable Costs Aided at 100% (H * F) : 69,852
J. Total Principal Added (A - E - G - H) : 254,678
K. State Share of Additional Principal Aided at 100% (J * F) : 254,678
L. Total Refinancing Aided at 100% (G + I + K) : 325,880
M. Local Share of Variable Costs Aided at State Share (H - I) : 0
Assumed Aidable Debt Service for Refinancing
Assumed Debt Service for Fixed Costs : 120
Assumed Debt Service for State Share of Variable Costs : 6,172
Assumed Debt Service for State Share of Additional Principal : 22,500
Assumed Debt Service for Local Share of Variable Costs : * 0
* After application of Bond Percent.

 

580103 NORTH BABYLON UFSD
Amount Issued: 27,000,000 BLD-10
Date of Original Issuance: 06 / 21 / 2000

 

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

0002 031 16,648,422 0 0 16,648,422 15.0 249,726,330
0003 016 5,188,342 0 0 5,188,342 15.0 77,825,130
0007 017 3,916,196 0 0 3,916,196 15.0 58,742,940
0011 021 6,531,657 0 0 6,531,657 15.0 97,974,855


32,284,617 484,269,255

Blended Maximum Useful Life : 15.0
Original Term of Bond : 18.0
Selected Maximum Useful Life : 18.0
Period Prior to 1 July 2002 : 2.0
Sel. Remaining Term for Amortization : 16.0
Principal Outstanding as of July 2002 : 25,995,000
Assumed Interest Rate : 4.500%
Debt Service for Amortization Year 15 of 16 : 2,296,614
Bond Percent : 100.000%
Aidable Debt Service for Amortization Year 15 of 16 : 2,296,614

 

Additional Costs Attributable to Refinancing
A. Total Amount of Refinancing Issued (SA-132A # 7) : 23,680,000
B. Bond Percent : 99.260%
C. Applicable Building Aid Ratio : 84.2%
D. State Share of Outstanding Principal Refinanced (SA-132A # 3 * B * C) : 21,725,820
E. Amount of Original Principal Refinanced (SA-132A # 4) : 20,988,370
F. State Share Ratio (D / E) : 100.0%
G. Total Fixed Cost Aided at 100% (SA-132A # 13) : 12,064
H. Total Variable Costs of Refinancing (SA-132A # 23) : 506,416
I. State Share of Variable Costs Aided at 100% (H * F) : 506,416
J. Total Principal Added (A - E - G - H) : 2,173,150
K. State Share of Additional Principal Aided at 100% (J * F) : 2,173,150
L. Total Refinancing Aided at 100% (G + I + K) : 2,691,630
M. Local Share of Variable Costs Aided at State Share (H - I) : 0
Assumed Aidable Debt Service for Refinancing
Assumed Debt Service for Fixed Costs : 1,066
Assumed Debt Service for State Share of Variable Costs : 44,740
Assumed Debt Service for State Share of Additional Principal : 191,994
Assumed Debt Service for Local Share of Variable Costs : * 0
* After application of Bond Percent.

 

580103 NORTH BABYLON UFSD
Amount Issued: 19,600,000 BLD-10
Date of Original Issuance: 06 / 26 / 2001

 

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

0004 021 7,131,961 0 0 7,131,961 15.0 106,979,415
0008 017 7,207,067 0 0 7,207,067 15.0 108,106,005
0010 017 3,496,355 0 0 3,496,355 15.0 52,445,325
0011 021 6,531,657 0 0 6,531,657 15.0 97,974,855


24,367,040 365,505,600

Blended Maximum Useful Life : 15.0
Original Term of Bond : 16.0
Selected Maximum Useful Life : 16.0
Period Prior to 1 July 2002 : 1.0
Sel. Remaining Term for Amortization : 15.0
Principal Outstanding as of July 2002 : 19,600,000
Assumed Interest Rate : 4.500%
Debt Service for Amortization Year 15 of 15 : 1,811,014
Bond Percent : 100.000%
Aidable Debt Service for Amortization Year 15 of 15 : 1,811,014

 

Additional Costs Attributable to Refinancing
A. Total Amount of Refinancing Issued (SA-132A # 7) : 17,835,000
B. Bond Percent : 99.260%
C. Applicable Building Aid Ratio : 84.2%
D. State Share of Outstanding Principal Refinanced (SA-132A # 3 * B * C) : 16,381,076
E. Amount of Original Principal Refinanced (SA-132A # 4) : 16,142,360
F. State Share Ratio (D / E) : 100.0%
G. Total Fixed Cost Aided at 100% (SA-132A # 13) : 9,086
H. Total Variable Costs of Refinancing (SA-132A # 23) : 381,164
I. State Share of Variable Costs Aided at 100% (H * F) : 381,164
J. Total Principal Added (A - E - G - H) : 1,302,390
K. State Share of Additional Principal Aided at 100% (J * F) : 1,302,390
L. Total Refinancing Aided at 100% (G + I + K) : 1,692,640
M. Local Share of Variable Costs Aided at State Share (H - I) : 0
Assumed Aidable Debt Service for Refinancing
Assumed Debt Service for Fixed Costs : 840
Assumed Debt Service for State Share of Variable Costs : 35,220
Assumed Debt Service for State Share of Additional Principal : 120,340
Assumed Debt Service for Local Share of Variable Costs : * 0
* After application of Bond Percent.

 

 

NYSED Home Page State Aid Home Page District Home Page
Retro Web Report