Summary of Financial Impacts of Proposition #1 & Proposition #1 + Proposition #2.

Proposition #1:

Grass Fields/Softball Lights

Proposition #2:

Artificial Turf Field

ONLY

If Proposition #2, passes

[$proposition #1 + $proposition #2]:

Project Cost:

$29,174,459

$1,334,058

$30,508,517

Native American Building Aid:

$5,834,892

$226,335

$6,061,227

NYS EXCEL AID:

$527,189

$0

$527,189

Regular Building Aid:

$21,142,378

$817,723

21,960,101

Local Share of Project:

$1,670,000

$290,000

1,960,000

Capital Reserve Contribution:

$1,670,000

$290,000

1,960,000

Amount to be Covered in Taxes:

$0

$0

$0

Amount exceeding MCAs

$0

$202,383

$202,383

Capital Reserve Fund remaining Balance

$1,045,397

X

$755,391