New York State Education Department

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

District: ISLIP UFSD (580502)

 

580502 ISLIP UFSD
Amount Issued: 27,610,000 BLD-10
Date of Original Issuance: 10 / 02 / 2001

 

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

0002 007 3,700,000 0 2,701,360 998,640 18.5 68,450,000
0003 012 1,611,000 0 955,500 655,500 18.0 28,998,000
0007 008 15,245,000 0 13,347,433 1,897,567 19.5 297,277,500
0008 009 3,000,000 0 2,029,000 971,000 18.5 55,500,000
0011 007 2,400,000 0 0 2,400,000 15.0 36,000,000
0011 008 1,600,000 0 0 1,600,000 15.0 24,000,000


27,556,000 510,225,500

Blended Maximum Useful Life : 18.5
Original Term of Bond : 19.0
Selected Maximum Useful Life : 19.0
Period Prior to 1 July 2002 : 1.0
Sel. Remaining Term for Amortization : 18.0
Remaining Life as of July 2017 : 3.0
Principal Outstanding as of July 2017 : 6,260,919
Interest Rate : 4.500%
Debt Service for Amortization Year 16 of 18 : 2,254,368
Bond Percent : 74.828%
Aidable Debt Service for Amortization Year 16 of 18 : 1,686,899

 

 

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