New York State Education Department

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

District: PINE VALLEY CSD (060601)

 

060601 PINE VALLEY CSD
Amount Issued: 8,900,000 BLD-10
Date of Original Issuance: 10 / 30 / 2001

 

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

0001 007 5,025,704 0 0 5,025,704 15.0 75,385,560
0005 008 3,494,900 0 0 3,494,900 15.0 52,423,500
5002 005 468,000 0 0 468,000 15.0 7,020,000


8,988,604 134,829,060

Blended Maximum Useful Life : 15.0
Original Term of Bond : 20.0
Term based on prior Retro borrowing : 15.0
Selected Maximum Useful Life : 20.0
Period Prior to 1 July 2002 : 1.0
Sel. Remaining Term for Amortization : 19.0
Remaining Life as of July 2017 : 4.0
Principal Outstanding as of July 2017 : 2,449,683
Interest Rate : 4.544%
Debt Service for Amortization Year 16 of 19 : 676,680
Bond Percent : 99.140%
Aidable Debt Service for Amortization Year 16 of 19 : 670,861

 

Additional Costs Attributable to Refinancing
A. Total Amount of Refinancing Issued (SA-132A # 7) : 8,684,000
B. Bond Percent : 100.000%
C. Applicable Building Aid Ratio : 95.0%
D. State Share of Outstanding Principal Refinanced (SA-132A # 3 * B * C) : 8,122,500
E. Amount of Original Principal Refinanced (SA-132A # 4) : 8,136,250
F. State Share Ratio (D / E) : 99.8%
G. Total Fixed Cost Aided at 100% (SA-132A # 13) : 24,783
H. Total Variable Costs of Refinancing (SA-132A # 23) : 112,360
I. State Share of Variable Costs Aided at 100% (H * F) : 112,135
J. Total Principal Added (A - E - G - H) : 410,607
K. State Share of Additional Principal Aided at 100% (J * F) : 409,786
L. Total Refinancing Aided at 100% (G + I + K) : 546,704
M. Local Share of Variable Costs Aided at State Share (H - I) : 225
Assumed Aidable Debt Service for Refinancing
Assumed Debt Service for Fixed Costs : 1,961
Assumed Debt Service for State Share of Variable Costs : 8,874
Assumed Debt Service for State Share of Additional Principal : 32,432
Assumed Debt Service for Local Share of Variable Costs : * 17
* After application of Bond Percent.

 

 

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