New York State Education Department

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

District: ONEONTA CITY SD (471400)

 

471400 ONEONTA CITY SD
Amount Issued: 1,460,000 BLD-10
Date of Original Issuance: 03 / 01 / 2001

 

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

5019 001 1,460,000 1,460,000 0 0 30.0 43,800,000


1,460,000 43,800,000

Blended Maximum Useful Life : 30.0
Original Term of Bond : 20.0
Selected Maximum Useful Life : 30.0
Period Prior to 1 July 2002 : 1.0
Sel. Remaining Term for Amortization : 29.0
Remaining Life as of July 2017 : 14.0
Principal Outstanding as of July 2017 : 914,717
Interest Rate : 4.500%
Debt Service for Amortization Year 16 of 29 : 88,773
Bond Percent : 100.000%
Aidable Debt Service for Amortization Year 16 of 29 : 88,774

 

Additional Costs Attributable to Refinancing
A. Total Amount of Refinancing Issued (SA-132A # 7) : 1,605,000
B. Bond Percent : 100.000%
C. Applicable Building Aid Ratio : 78.7%
D. State Share of Outstanding Principal Refinanced (SA-132A # 3 * B * C) : 1,125,410
E. Amount of Original Principal Refinanced (SA-132A # 4) : 1,430,000
F. State Share Ratio (D / E) : 78.7%
G. Total Fixed Cost Aided at 100% (SA-132A # 13) : 2,769
H. Total Variable Costs of Refinancing (SA-132A # 23) : 50,012
I. State Share of Variable Costs Aided at 100% (H * F) : 39,359
J. Total Principal Added (A - E - G - H) : 122,219
K. State Share of Additional Principal Aided at 100% (J * F) : 96,186
L. Total Refinancing Aided at 100% (G + I + K) : 138,315
M. Local Share of Variable Costs Aided at State Share (H - I) : 10,653
Assumed Aidable Debt Service for Refinancing
Assumed Debt Service for Fixed Costs : 171
Assumed Debt Service for State Share of Variable Costs : 2,443
Assumed Debt Service for State Share of Additional Principal : 5,971
Assumed Debt Service for Local Share of Variable Costs : * 661
* After application of Bond Percent.

 

 

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