STATE AID BUILDING - PRELIMINARY CAPITAL OUTLAY AMORTIZATION

DISTRICT: 441000 MIDDLETOWN DATE: 09/04/08

****************************************************************************************** 1. THIS REPORT IS BASED ON A PRELIMINARY AMORTIZATION SCHEDULE AND WILL BE USED FOR 2004-05 AID PROJECTIONS ONLY. THE SCHEDULE WILL BE RECALCULATED IN FALL 2004 FOR PAYMENT PURPOSES, BASED ON UPDATED CAPITAL BALANCE INFORMATION. 2. AID RATIOS: BLD: PROJECTS APPROVED < 7/1/1998 BLD10: PROJECTS APPROVED 7/1/1998 - 6/30/2000 BLD3: PROJECTS APPROVED > 6/30/2000 3. THE NUMBER OF ASSUMED PAYMENTS IS THE POSITIVE REMAINDER OF THE PROJECTS MAXIMUM USEFUL LIFE LESS 1 YEAR, TRUNCATED. PPU: PROSPECTIVE PROJECTS: ALT/RECON = 15, ADDITION = 20, NEW = 30, AS ASSIGNED FOR PURPOSES OF PROSPECTIVE AMORTIZATION OF APPROVED BORROWING COSTS. CAPITAL ONLY RETRO PROJECTS: SAME AS ABOVE. RETRO PROJECTS: MAXIMUM PROJECT LIFE AS DISPLAYED ON THE INDIVIDUAL PROJECT LISTING FOR RETRO BOND(S) FUNDING THIS PROJECT (SEE RETRO PROJECT WEB REPORT). 4. THE ASSUMED ANNUAL AIDABLE EXPENSE IS THE QUOTIENT OF THE CAPITAL BALANCE AND THE NUMBER OF ASSUMED PAYMENTS, TRUNCATED TO THE NEAREST WHOLE DOLLAR. ****************************************************************************************** PROJECT NUMBER: 0001-019 PROJECT NAME: TWIN TOWERS MIDDLE SCHOOL AMORTIZED CAPITAL BALANCE: 46,457 VOTER AUTHORIZATION DATE: 03/13/2000 ASSUMED PAYMENTS: 14 AID RATIO: BLD10 ASSUMED ANNUAL AIDABLE EXPENSE: 3,318 TYPE: PROSPECTIVE AID YEAR STARTING JULY 2004 CMMSR APP DATE: 12/01/01 PPU: 15 CONTRACT DATE: 04/19/02 PROJECT NUMBER: 0002-014 PROJECT NAME: MIDDLETOWN HIGH SCHOOL AMORTIZED CAPITAL BALANCE: 6,561 VOTER AUTHORIZATION DATE: 12/08/1999 ASSUMED PAYMENTS: 14 AID RATIO: BLD10 ASSUMED ANNUAL AIDABLE EXPENSE: 468 TYPE: RETRO AID YEAR STARTING JULY 2004 CMMSR APP DATE: 05/03/00 PPU: 15.0 CONTRACT DATE: 06/29/00 PROJECT NUMBER: 0002-016 PROJECT NAME: MIDDLETOWN HIGH SCHOOL AMORTIZED CAPITAL BALANCE: 61,398 VOTER AUTHORIZATION DATE: 03/13/2000 ASSUMED PAYMENTS: 14 AID RATIO: BLD10 ASSUMED ANNUAL AIDABLE EXPENSE: 4,385 TYPE: PROSPECTIVE AID YEAR STARTING JULY 2004 CMMSR APP DATE: 12/01/01 PPU: 15 CONTRACT DATE: 04/19/02 PROJECT NUMBER: 0009-014 PROJECT NAME: JOHN W CHORLEY ELEMENTARY AMORTIZED CAPITAL BALANCE: 26,913 VOTER AUTHORIZATION DATE: 03/13/2000 ASSUMED PAYMENTS: 14 AID RATIO: BLD10 ASSUMED ANNUAL AIDABLE EXPENSE: 1,922 TYPE: PROSPECTIVE AID YEAR STARTING JULY 2004 CMMSR APP DATE: 12/01/01 PPU: 15 CONTRACT DATE: 04/19/02 PROJECT NUMBER: 0010-017 PROJECT NAME: TRUMAN J MOON ELEM SCHOOL AMORTIZED CAPITAL BALANCE: 42,614 VOTER AUTHORIZATION DATE: 00/00/0000 ASSUMED PAYMENTS: 14 AID RATIO: BLD ASSUMED ANNUAL AIDABLE EXPENSE: 3,043 TYPE: RETRO AID YEAR STARTING JULY 2004 CMMSR APP DATE: 04/22/00 PPU: 15.0 CONTRACT DATE: 06/23/00 PROJECT NUMBER: 0010-019 PROJECT NAME: TRUMAN J MOON ELEM SCHOOL AMORTIZED CAPITAL BALANCE: 27,226 VOTER AUTHORIZATION DATE: 03/13/2000 ASSUMED PAYMENTS: 14 AID RATIO: BLD10 ASSUMED ANNUAL AIDABLE EXPENSE: 1,944 TYPE: PROSPECTIVE AID YEAR STARTING JULY 2004 CMMSR APP DATE: 12/01/01 PPU: 15 CONTRACT DATE: 04/19/02 PROJECT NUMBER: 0012-009 PROJECT NAME: MECHANICSTOWN ELEMENTARY SCHOOL AMORTIZED CAPITAL BALANCE: 27,526 VOTER AUTHORIZATION DATE: 03/13/2000 ASSUMED PAYMENTS: 14 AID RATIO: BLD10 ASSUMED ANNUAL AIDABLE EXPENSE: 1,966 TYPE: PROSPECTIVE AID YEAR STARTING JULY 2004 CMMSR APP DATE: 12/01/01 PPU: 15 CONTRACT DATE: 04/19/02

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