The Final Building Aid Statewide Average Interest Rate based on debt incurred by districts between 7/1/19 and 6/30/20 were released on Thursday, October 29th.
Building Aid Statewide Average Interest Rate: https://stateaid.nysed.gov/build/html_docs/statewideaverage.htm
Interest Rate Chart for Assumed Amortizations: https://stateaid.nysed.gov/build/html_docs/intrates.htm
Explanation of how the statewide average interest rate is calculated: https://stateaid.nysed.gov/build/html_doc/statewide_int_rate_calc_tetherdoc_120607.htm
