New York State Education Department

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

District: LONGWOOD CSD (580212)

 

580212 LONGWOOD CSD
Amount Issued: 30,000,000 BLD
Date of Original Issuance: 08 / 11 / 1998

 

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

0002 007 26,482 0 0 26,482 15.0 397,230
0002 008 2,462,755 0 0 2,462,755 15.0 36,941,325
0004 009 1,973,278 0 0 1,973,278 15.0 29,599,170
0007 007 42,416 0 0 42,416 15.0 636,240
0007 008 2,118,739 0 0 2,118,739 15.0 31,781,085
0008 009 2,158,619 0 0 2,158,619 15.0 32,379,285
0009 005 319,069 0 0 319,069 15.0 4,786,035
0009 006 4,172,657 0 0 4,172,657 15.0 62,589,855
0010 006 152,833 0 0 152,833 15.0 2,292,495
0010 007 4,269,621 0 0 4,269,621 15.0 64,044,315
0012 001 29,770 0 0 29,770 15.0 446,550
0014 003 191,046 0 0 191,046 15.0 2,865,690
0015 003 2,646,188 0 0 2,646,188 15.0 39,692,820
0017 002 746,537 0 0 746,537 15.0 11,198,055
7999 002 7,550,913 0 0 7,550,913 15.0 113,263,695


28,860,923 432,913,845

Blended Maximum Useful Life : 15.0
Original Term of Bond : 20.0
Selected Maximum Useful Life : 20.0
Period Prior to 1 July 2002 : 4.0
Sel. Remaining Term for Amortization : 16.0
Principal Outstanding as of July 2002 : 25,590,000
Assumed Interest Rate : 5.511%
Debt Service for Amortization Year 15 of 16 : 2,427,435
Bond Percent : 93.506%
Aidable Debt Service for Amortization Year 15 of 16 : 2,269,797

 

Additional Costs Attributable to Refinancing
A. Total Amount of Refinancing Issued (SA-132A # 7) : 24,917,000
B. Bond Percent : 96.443%
C. Applicable Building Aid Ratio : 67.8%
D. State Share of Outstanding Principal Refinanced (SA-132A # 3 * B * C) : 16,732,880
E. Amount of Original Principal Refinanced (SA-132A # 4) : 25,590,000
F. State Share Ratio (D / E) : 65.3%
G. Total Fixed Cost Aided at 100% (SA-132A # 13) : 3,108
H. Total Variable Costs of Refinancing (SA-132A # 23) : 232,064
I. State Share of Variable Costs Aided at 100% (H * F) : 151,538
J. Total Principal Added (A - E - G - H) : 0
K. State Share of Additional Principal Aided at 100% (J * F) : 0
L. Total Refinancing Aided at 100% (G + I + K) : 154,646
M. Local Share of Variable Costs Aided at State Share (H - I) : 80,526
Assumed Aidable Debt Service for Refinancing
Assumed Debt Service for Fixed Costs : 294
Assumed Debt Service for State Share of Variable Costs : 14,374
Assumed Debt Service for State Share of Additional Principal : 0
Assumed Debt Service for Local Share of Variable Costs : * 7,366
* After application of Bond Percent.

 

580212 LONGWOOD CSD
Amount Issued: 46,000,000 BLD-10
Date of Original Issuance: 06 / 01 / 2000

 

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

0009 007 16,149,219 0 13,358,219 2,791,000 19.0 306,835,161
0010 008 7,421,239 0 4,899,376 2,521,863 18.5 137,292,922
0015 005 21,510,049 0 20,683,577 826,472 20.0 430,200,980


45,080,507 874,329,063

Blended Maximum Useful Life : 19.5
Original Term of Bond : 20.0
Selected Maximum Useful Life : 20.0
Period Prior to 1 July 2002 : 2.0
Sel. Remaining Term for Amortization : 18.0
Principal Outstanding as of July 2002 : 44,060,000
Assumed Interest Rate : 5.474%
Debt Service for Amortization Year 15 of 18 : 3,879,531
Bond Percent : 98.352%
Aidable Debt Service for Amortization Year 15 of 18 : 3,815,596

 

Additional Costs Attributable to Refinancing
A. Total Amount of Refinancing Issued (SA-132A # 7) : 44,248,000
B. Bond Percent : 99.274%
C. Applicable Building Aid Ratio : 77.8%
D. State Share of Outstanding Principal Refinanced (SA-132A # 3 * B * C) : 34,029,817
E. Amount of Original Principal Refinanced (SA-132A # 4) : 44,060,000
F. State Share Ratio (D / E) : 77.2%
G. Total Fixed Cost Aided at 100% (SA-132A # 13) : 5,519
H. Total Variable Costs of Refinancing (SA-132A # 23) : 416,598
I. State Share of Variable Costs Aided at 100% (H * F) : 321,614
J. Total Principal Added (A - E - G - H) : 0
K. State Share of Additional Principal Aided at 100% (J * F) : 0
L. Total Refinancing Aided at 100% (G + I + K) : 327,133
M. Local Share of Variable Costs Aided at State Share (H - I) : 94,984
Assumed Aidable Debt Service for Refinancing
Assumed Debt Service for Fixed Costs : 486
Assumed Debt Service for State Share of Variable Costs : 28,318
Assumed Debt Service for State Share of Additional Principal : 0
Assumed Debt Service for Local Share of Variable Costs : * 8,303
* After application of Bond Percent.

 

580212 LONGWOOD CSD
Amount Issued: 23,764,000 BLD-10
Date of Original Issuance: 06 / 15 / 2001

 

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

0002 009 6,056,684 0 5,609,404 447,280 20.0 121,133,680
0004 012 4,714,052 0 3,977,907 736,145 19.0 89,566,988
0007 010 6,061,986 0 5,713,080 348,906 20.0 121,239,720
0008 010 6,931,278 0 6,627,170 304,108 20.0 138,625,560


23,764,000 470,565,948

Blended Maximum Useful Life : 20.0
Original Term of Bond : 20.0
Selected Maximum Useful Life : 20.0
Period Prior to 1 July 2002 : 1.0
Sel. Remaining Term for Amortization : 19.0
Principal Outstanding as of July 2002 : 23,764,000
Assumed Interest Rate : 5.461%
Debt Service for Amortization Year 15 of 19 : 2,025,384
Bond Percent : 98.352%
Aidable Debt Service for Amortization Year 15 of 19 : 1,992,005

 

Additional Costs Attributable to Refinancing
A. Total Amount of Refinancing Issued (SA-132A # 7) : 22,322,000
B. Bond Percent : 99.274%
C. Applicable Building Aid Ratio : 77.8%
D. State Share of Outstanding Principal Refinanced (SA-132A # 3 * B * C) : 18,354,166
E. Amount of Original Principal Refinanced (SA-132A # 4) : 23,764,000
F. State Share Ratio (D / E) : 77.2%
G. Total Fixed Cost Aided at 100% (SA-132A # 13) : 2,785
H. Total Variable Costs of Refinancing (SA-132A # 23) : 211,237
I. State Share of Variable Costs Aided at 100% (H * F) : 163,075
J. Total Principal Added (A - E - G - H) : 0
K. State Share of Additional Principal Aided at 100% (J * F) : 0
L. Total Refinancing Aided at 100% (G + I + K) : 165,860
M. Local Share of Variable Costs Aided at State Share (H - I) : 48,162
Assumed Aidable Debt Service for Refinancing
Assumed Debt Service for Fixed Costs : 238
Assumed Debt Service for State Share of Variable Costs : 13,898
Assumed Debt Service for State Share of Additional Principal : 0
Assumed Debt Service for Local Share of Variable Costs : * 4,074
* After application of Bond Percent.

 

580212 LONGWOOD CSD
Amount Issued: 3,102,000 BLD
Date of Original Issuance: 03 / 06 / 2002

 

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

0011 004 595,804 0 0 595,804 15.0 8,937,060
0012 002 794,175 0 0 794,175 15.0 11,912,625
0014 004 773,557 0 0 773,557 15.0 11,603,355
0018 001 938,464 0 0 938,464 15.0 14,076,960
7999 002 7,540,336 0 0 7,540,336 15.0 113,105,040


10,642,336 159,635,040

Blended Maximum Useful Life : 15.0
Original Term of Bond : 17.0
Selected Maximum Useful Life : 17.0
Period Prior to 1 July 2002 : 0.0
Sel. Remaining Term for Amortization : 17.0
Principal Outstanding as of July 2002 : 3,102,000
Assumed Interest Rate : 4.500%
Debt Service for Amortization Year 15 of 17 : 263,028
Bond Percent : 93.506%
Aidable Debt Service for Amortization Year 15 of 17 : 245,947

 

580212 LONGWOOD CSD
Amount Issued: 36,682,281 BLD-10
Date of Original Issuance: 03 / 06 / 2002

 

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

0011 005 10,202,117 0 9,552,517 649,600 20.0 204,042,340
0012 003 9,374,231 0 8,647,108 727,123 20.0 187,484,620
0014 005 8,621,032 0 7,860,524 760,508 20.0 172,420,640
0018 002 17,859,199 0 8,820,365 9,038,834 17.5 312,535,983


46,056,579 876,483,583

Blended Maximum Useful Life : 19.0
Original Term of Bond : 17.0
Selected Maximum Useful Life : 19.0
Period Prior to 1 July 2002 : 1.0
Sel. Remaining Term for Amortization : 18.0
Principal Outstanding as of July 2002 : 36,682,281
Assumed Interest Rate : 4.500%
Debt Service for Amortization Year 15 of 18 : 2,995,124
Bond Percent : 98.352%
Aidable Debt Service for Amortization Year 15 of 18 : 2,945,764

 

 

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