Financial Information

Financing the Project:

• Total Project Cost is $29.85 Million
• The Building Aid Percentage Currently Assigned to AuSable Valley CSD is 98%
• The EXCEL Funding granted to AuSable Valley CSD is $1,032,697
• The cost to the local taxpayer in the AuSable Valley CSD is $0.00

Why will this project cost nothing to AuSable CDS taxpayers?

• EXCEL AID - Expanding Our Children's Education and Learning, New in 2006
• This Project Qualifies for Additional Funding for Certain Types of Construction
• Approved Expenses are Aided at 98% Building Aid, and the $1,032,697 in EXCEL aid will cover the remaining 2%
• First Time (possibly the only time) NYS is Allowing Projects to be Aided at 100 % of Cost
• Energy Cost Savings Realized Through new Boilers and Load Shedding Generators