New York State Education Department

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

District: ALLEGANY-LIMESTONE CSD (040302)

 

040302 ALLEGANY-LIMESTONE CSD
Amount Issued: 10,000,000 BLD
Date of Original Issuance: 11 / 24 / 1998

 

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

0001 001 504,649 0 0 504,649 15.0 7,569,735
0008 001 22,494,081 22,494,081 0 0 30.0 674,822,430


22,998,730 682,392,165

Blended Maximum Useful Life : 29.5
Original Term of Bond : 16.0
Term based on prior Retro borrowing : 30.0
Selected Maximum Useful Life : 30.0
Period Prior to 1 July 2002 : 5.0
Sel. Remaining Term for Amortization : 25.0
Remaining Life as of July 2017 : 10.0
Principal Outstanding as of July 2017 : 1,052,967
Interest Rate : 5.157%
Debt Service for Amortization Year 16 of 25 : 136,095
Bond Percent : 92.892%
Aidable Debt Service for Amortization Year 16 of 25 : 126,422

 

Additional Costs Attributable to Refinancing
A. Total Amount of Refinancing Issued (SA-132A # 7) : 1,792,000
B. Bond Percent : 92.892%
C. Applicable Building Aid Ratio : 88.3%
D. State Share of Outstanding Principal Refinanced (SA-132A # 3 * B * C) : 1,558,449
E. Amount of Original Principal Refinanced (SA-132A # 4) : 1,680,670
F. State Share Ratio (D / E) : 92.7%
G. Total Fixed Cost Aided at 100% (SA-132A # 13) : 2,862
H. Total Variable Costs of Refinancing (SA-132A # 23) : 44,405
I. State Share of Variable Costs Aided at 100% (H * F) : 41,163
J. Total Principal Added (A - E - G - H) : 64,063
K. State Share of Additional Principal Aided at 100% (J * F) : 59,386
L. Total Refinancing Aided at 100% (G + I + K) : 103,412
M. Local Share of Variable Costs Aided at State Share (H - I) : 3,242
Assumed Aidable Debt Service for Refinancing
Assumed Debt Service for Fixed Costs : 205
Assumed Debt Service for State Share of Variable Costs : 2,948
Assumed Debt Service for State Share of Additional Principal : 4,253
Assumed Debt Service for Local Share of Variable Costs : * 215
* After application of Bond Percent.

 

040302 ALLEGANY-LIMESTONE CSD
Amount Issued: 10,000,000 BLD
Date of Original Issuance: 12 / 22 / 1998

 

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

0001 001 504,649 0 0 504,649 15.0 7,569,735
0008 001 22,494,081 22,494,081 0 0 30.0 674,822,430


22,998,730 682,392,165

Blended Maximum Useful Life : 29.5
Original Term of Bond : 16.0
Term based on prior Retro borrowing : 30.0
Selected Maximum Useful Life : 30.0
Period Prior to 1 July 2002 : 5.0
Sel. Remaining Term for Amortization : 25.0
Remaining Life as of July 2017 : 10.0
Principal Outstanding as of July 2017 : 1,052,962
Interest Rate : 5.157%
Debt Service for Amortization Year 16 of 25 : 136,094
Bond Percent : 92.892%
Aidable Debt Service for Amortization Year 16 of 25 : 126,421

 

Additional Costs Attributable to Refinancing
A. Total Amount of Refinancing Issued (SA-132A # 7) : 1,796,000
B. Bond Percent : 92.892%
C. Applicable Building Aid Ratio : 88.3%
D. State Share of Outstanding Principal Refinanced (SA-132A # 3 * B * C) : 1,558,449
E. Amount of Original Principal Refinanced (SA-132A # 4) : 1,680,670
F. State Share Ratio (D / E) : 92.7%
G. Total Fixed Cost Aided at 100% (SA-132A # 13) : 2,869
H. Total Variable Costs of Refinancing (SA-132A # 23) : 43,967
I. State Share of Variable Costs Aided at 100% (H * F) : 40,757
J. Total Principal Added (A - E - G - H) : 68,494
K. State Share of Additional Principal Aided at 100% (J * F) : 63,494
L. Total Refinancing Aided at 100% (G + I + K) : 107,120
M. Local Share of Variable Costs Aided at State Share (H - I) : 3,210
Assumed Aidable Debt Service for Refinancing
Assumed Debt Service for Fixed Costs : 205
Assumed Debt Service for State Share of Variable Costs : 2,919
Assumed Debt Service for State Share of Additional Principal : 4,548
Assumed Debt Service for Local Share of Variable Costs : * 214
* After application of Bond Percent.

 

040302 ALLEGANY-LIMESTONE CSD
Amount Issued: 3,500,000 BLD
Date of Original Issuance: 02 / 17 / 1999

 

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

0001 001 504,649 0 0 504,649 15.0 7,569,735
0008 001 22,494,081 22,494,081 0 0 30.0 674,822,430


22,998,730 682,392,165

Blended Maximum Useful Life : 29.5
Original Term of Bond : 17.0
Term based on prior Retro borrowing : 30.0
Selected Maximum Useful Life : 30.0
Period Prior to 1 July 2002 : 5.0
Sel. Remaining Term for Amortization : 25.0
Remaining Life as of July 2017 : 10.0
Principal Outstanding as of July 2017 : 1,482,297
Interest Rate : 5.155%
Debt Service for Amortization Year 16 of 25 : 191,566
Bond Percent : 92.892%
Aidable Debt Service for Amortization Year 16 of 25 : 177,950

 

Additional Costs Attributable to Refinancing
A. Total Amount of Refinancing Issued (SA-132A # 7) : 2,499,000
B. Bond Percent : 92.892%
C. Applicable Building Aid Ratio : 88.3%
D. State Share of Outstanding Principal Refinanced (SA-132A # 3 * B * C) : 2,194,132
E. Amount of Original Principal Refinanced (SA-132A # 4) : 2,384,330
F. State Share Ratio (D / E) : 92.0%
G. Total Fixed Cost Aided at 100% (SA-132A # 13) : 3,992
H. Total Variable Costs of Refinancing (SA-132A # 23) : 60,904
I. State Share of Variable Costs Aided at 100% (H * F) : 56,032
J. Total Principal Added (A - E - G - H) : 49,774
K. State Share of Additional Principal Aided at 100% (J * F) : 45,792
L. Total Refinancing Aided at 100% (G + I + K) : 105,816
M. Local Share of Variable Costs Aided at State Share (H - I) : 4,872
Assumed Aidable Debt Service for Refinancing
Assumed Debt Service for Fixed Costs : 286
Assumed Debt Service for State Share of Variable Costs : 4,012
Assumed Debt Service for State Share of Additional Principal : 3,279
Assumed Debt Service for Local Share of Variable Costs : * 323
* After application of Bond Percent.

 

040302 ALLEGANY-LIMESTONE CSD
Amount Issued: 6,182,315 BLD-10
Date of Original Issuance: 01 / 22 / 2002

 

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

0003 001 655,000 0 0 655,000 15.0 9,825,000
0003 002 8,900,000 0 1,399,638 7,500,362 16.0 142,400,000
0006 004 739,524 0 193,524 546,000 16.5 12,202,146
0008 002 6,399,000 0 5,704,927 694,073 19.5 124,780,500


16,693,524 289,207,646

Blended Maximum Useful Life : 17.5
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
Remaining Life as of July 2017 : 3.0
Principal Outstanding as of July 2017 : 1,145,152
Interest Rate : 4.500%
Debt Service for Amortization Year 16 of 18 : 412,334
Bond Percent : 99.183%
Aidable Debt Service for Amortization Year 16 of 18 : 408,966

 

040302 ALLEGANY-LIMESTONE CSD
Amount Issued: 9,400,000 BLD-10
Date of Original Issuance: 02 / 28 / 2002

 

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

0003 001 655,000 0 0 655,000 15.0 9,825,000
0003 002 8,900,000 0 1,399,638 7,500,362 16.0 142,400,000
0006 004 739,524 0 193,524 546,000 16.5 12,202,146
0008 002 6,399,000 0 5,704,927 694,073 19.5 124,780,500


16,693,524 289,207,646

Blended Maximum Useful Life : 17.5
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
Remaining Life as of July 2017 : 3.0
Principal Outstanding as of July 2017 : 1,706,390
Interest Rate : 4.500%
Debt Service for Amortization Year 16 of 18 : 614,419
Bond Percent : 99.183%
Aidable Debt Service for Amortization Year 16 of 18 : 609,400

 

 

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