New York State Education Department

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

District: RANDOLPH CENTRAL SCHOOL DISTRICT (043001)

 

043001 RANDOLPH CENTRAL SCHOOL DISTRICT
Amount Issued: 12,827,346 BLD-10
Date of Original Issuance: 03 / 30 / 2000

 

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

0001 011 9,519,262 0 5,064,831 4,454,431 17.5 166,587,085
0002 005 7,683,750 0 4,234,650 3,449,100 18.0 138,307,500


17,203,012 304,894,585

Blended Maximum Useful Life : 17.5
Original Term of Bond : 11.0
Term based on prior Retro borrowing : 19.0
Selected Maximum Useful Life : 19.0
Period Prior to 1 July 2002 : 3.0
Sel. Remaining Term for Amortization : 16.0
Remaining Life as of July 2017 : 1.0
Principal Outstanding as of July 2017 : 549,040
Interest Rate : 4.500%
Debt Service for Amortization Year 16 of 16 : 567,638
Bond Percent : 99.926%
Aidable Debt Service for Amortization Year 16 of 16 : 567,219

 

Additional Costs Attributable to Refinancing
A. Total Amount of Refinancing Issued (SA-132A # 7) : 6,072,000
B. Bond Percent : 100.000%
C. Applicable Building Aid Ratio : 90.0%
D. State Share of Outstanding Principal Refinanced (SA-132A # 3 * B * C) : 5,782,500
E. Amount of Original Principal Refinanced (SA-132A # 4) : 5,785,000
F. State Share Ratio (D / E) : 99.9%
G. Total Fixed Cost Aided at 100% (SA-132A # 13) : 6,755
H. Total Variable Costs of Refinancing (SA-132A # 23) : 95,409
I. State Share of Variable Costs Aided at 100% (H * F) : 95,314
J. Total Principal Added (A - E - G - H) : 184,836
K. State Share of Additional Principal Aided at 100% (J * F) : 184,651
L. Total Refinancing Aided at 100% (G + I + K) : 286,720
M. Local Share of Variable Costs Aided at State Share (H - I) : 95
Assumed Aidable Debt Service for Refinancing
Assumed Debt Service for Fixed Costs : 597
Assumed Debt Service for State Share of Variable Costs : 8,421
Assumed Debt Service for State Share of Additional Principal : 16,313
Assumed Debt Service for Local Share of Variable Costs : * 8
* After application of Bond Percent.

 

043001 RANDOLPH CENTRAL SCHOOL DISTRICT
Amount Issued: 2,780,000 BLD-10
Date of Original Issuance: 07 / 01 / 2000

 

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

0001 011 9,519,262 0 5,064,831 4,454,431 17.5 166,587,085
0002 005 7,683,750 0 4,234,650 3,449,100 18.0 138,307,500


17,203,012 304,894,585

Blended Maximum Useful Life : 17.5
Original Term of Bond : 10.0
Term based on prior Retro borrowing : 18.0
Selected Maximum Useful Life : 18.0
Period Prior to 1 July 2002 : 2.0
Sel. Remaining Term for Amortization : 16.0
Remaining Life as of July 2017 : 1.0
Principal Outstanding as of July 2017 : 119,635
Interest Rate : 4.500%
Debt Service for Amortization Year 16 of 16 : 123,687
Bond Percent : 99.926%
Aidable Debt Service for Amortization Year 16 of 16 : 123,596

 

Additional Costs Attributable to Refinancing
A. Total Amount of Refinancing Issued (SA-132A # 7) : 1,324,000
B. Bond Percent : 100.000%
C. Applicable Building Aid Ratio : 90.0%
D. State Share of Outstanding Principal Refinanced (SA-132A # 3 * B * C) : 1,260,000
E. Amount of Original Principal Refinanced (SA-132A # 4) : 1,260,000
F. State Share Ratio (D / E) : 100.0%
G. Total Fixed Cost Aided at 100% (SA-132A # 13) : 1,473
H. Total Variable Costs of Refinancing (SA-132A # 23) : 22,523
I. State Share of Variable Costs Aided at 100% (H * F) : 22,523
J. Total Principal Added (A - E - G - H) : 40,004
K. State Share of Additional Principal Aided at 100% (J * F) : 40,004
L. Total Refinancing Aided at 100% (G + I + K) : 64,000
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 : 130
Assumed Debt Service for State Share of Variable Costs : 1,990
Assumed Debt Service for State Share of Additional Principal : 3,534
Assumed Debt Service for Local Share of Variable Costs : * 0
* After application of Bond Percent.

 

043001 RANDOLPH CENTRAL SCHOOL DISTRICT
Amount Issued: 8,560,000 BLD-10
Date of Original Issuance: 06 / 05 / 2003

 

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

0001 014 2,436,010 0 0 2,436,010 15.0 36,540,150
0002 007 657,120 0 0 657,120 15.0 9,856,800
5003 008 77,850 0 0 77,850 15.0 1,167,750


3,170,980 47,564,700

Blended Maximum Useful Life : 15.0
Original Term of Bond : 17.0
Selected Maximum Useful Life : 17.0
Period Prior to 1 July 2002 : 1.0
Sel. Remaining Term for Amortization : 16.0
Remaining Life as of July 2017 : 1.0
Principal Outstanding as of July 2017 : 756,264
Interest Rate : 4.500%
Debt Service for Amortization Year 16 of 16 : 781,882
Bond Percent : 38.454%
Aidable Debt Service for Amortization Year 16 of 16 : 300,665

 

 

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