New York State Education Department

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

District: BAY SHORE UFSD (580501)

 

580501 BAY SHORE UFSD
Amount Issued: 8,000,000 BLD
Date of Original Issuance: 10 / 22 / 1997

 

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

0001 004 310,675 0 0 310,675 15.0 4,660,125
0002 005 209,886 0 0 209,886 15.0 3,148,290
0003 004 2,330,980 0 2,051,262 279,718 19.5 45,454,110
0003 005 925,732 0 0 925,732 15.0 13,885,980
0004 004 3,622,236 0 2,511,191 1,111,045 18.5 67,011,366
0005 004 1,593,578 0 0 1,593,578 15.0 23,903,670
0005 005 158,857 0 0 158,857 15.0 2,382,855
0006 006 807,156 0 0 807,156 15.0 12,107,340
0006 009 500,600 0 0 500,600 15.0 7,509,000
0007 004 368,247 0 0 368,247 15.0 5,523,705


10,827,947 185,586,441

Blended Maximum Useful Life : 17.0
Original Term of Bond : 19.0
Selected Maximum Useful Life : 19.0
Period Prior to 1 July 2002 : 3.0
Sel. Remaining Term for Amortization : 16.0
Principal Outstanding as of July 2002 : 7,435,000
Assumed Interest Rate : 4.500%
Debt Service for Amortization Year 15 of 16 : 656,870
Bond Percent : 83.968%
Aidable Debt Service for Amortization Year 15 of 16 : 551,560

 

580501 BAY SHORE UFSD
Amount Issued: 3,685,000 BLD
Date of Original Issuance: 08 / 12 / 1999

 

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

0003 006 1,427,554 0 1,182,605 244,949 19.0 27,123,526
0005 006 205,837 0 0 205,837 15.0 3,087,555
0006 008 505,309 0 0 505,309 15.0 7,579,635
7999 002 456,600 0 0 456,600 15.0 6,849,000


2,595,300 44,639,716

Blended Maximum Useful Life : 17.0
Original Term of Bond : 15.0
Selected Maximum Useful Life : 17.0
Period Prior to 1 July 2002 : 2.0
Sel. Remaining Term for Amortization : 15.0
Principal Outstanding as of July 2002 : 3,500,000
Assumed Interest Rate : 4.500%
Debt Service for Amortization Year 15 of 15 : 323,395
Bond Percent : 89.637%
Aidable Debt Service for Amortization Year 15 of 15 : 289,882

 

 

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