STATE AID BUILDING - PRELIMINARY CAPITAL OUTLAY AMORTIZATION

DISTRICT: 500402 E. RAMAPO 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: 0006-006 PROJECT NAME: HEMPSTEAD SCHOOL AMORTIZED CAPITAL BALANCE: 35,450 VOTER AUTHORIZATION DATE: 03/18/1997 ASSUMED PAYMENTS: 14 AID RATIO: BLD ASSUMED ANNUAL AIDABLE EXPENSE: 2,532 TYPE: RETRO AID YEAR STARTING JULY 2004 CMMSR APP DATE: 03/20/01 PPU: 15.0 CONTRACT DATE: 05/02/01 PROJECT NUMBER: 0008-008 PROJECT NAME: POMONA JUNIOR HIGH AMORTIZED CAPITAL BALANCE: 73,478 VOTER AUTHORIZATION DATE: 10/24/2000 ASSUMED PAYMENTS: 14 AID RATIO: BLD3 ASSUMED ANNUAL AIDABLE EXPENSE: 5,248 TYPE: RETRO AID YEAR STARTING JULY 2004 CMMSR APP DATE: 03/20/01 PPU: 15.0 CONTRACT DATE: 05/02/01 PROJECT NUMBER: 0013-009 PROJECT NAME: KAKIAT JR HIGH SCHOOL AMORTIZED CAPITAL BALANCE: 20,000 VOTER AUTHORIZATION DATE: 03/18/1997 ASSUMED PAYMENTS: 14 AID RATIO: BLD ASSUMED ANNUAL AIDABLE EXPENSE: 1,428 TYPE: RETRO AID YEAR STARTING JULY 2004 CMMSR APP DATE: 03/30/99 PPU: 15.0 CONTRACT DATE: 05/12/99 PROJECT NUMBER: 0014-008 PROJECT NAME: FLEETWOOD AVE SCHOOL AMORTIZED CAPITAL BALANCE: 434,611 VOTER AUTHORIZATION DATE: 05/15/2001 ASSUMED PAYMENTS: 14 AID RATIO: BLD3 ASSUMED ANNUAL AIDABLE EXPENSE: 31,043 TYPE: PROSPECTIVE AID YEAR STARTING JULY 2004 CMMSR APP DATE: 03/12/02 PPU: 15 CONTRACT DATE: 06/26/02 PROJECT NUMBER: 0015-008 PROJECT NAME: SUMMIT PARK SCHOOL AMORTIZED CAPITAL BALANCE: 5,000 VOTER AUTHORIZATION DATE: 03/18/1997 ASSUMED PAYMENTS: 14 AID RATIO: BLD ASSUMED ANNUAL AIDABLE EXPENSE: 357 TYPE: RETRO AID YEAR STARTING JULY 2004 CMMSR APP DATE: 03/30/99 PPU: 15.0 CONTRACT DATE: 05/12/99 PROJECT NUMBER: 0016-006 PROJECT NAME: GRANDVIEW ELEMENTARY AMORTIZED CAPITAL BALANCE: 100,750 VOTER AUTHORIZATION DATE: 10/24/2000 ASSUMED PAYMENTS: 14 AID RATIO: BLD3 ASSUMED ANNUAL AIDABLE EXPENSE: 7,196 TYPE: RETRO AID YEAR STARTING JULY 2004 CMMSR APP DATE: 03/20/01 PPU: 15.0 CONTRACT DATE: 05/02/01 PROJECT NUMBER: 0020-005 PROJECT NAME: MARGETTS RD ELEM SCHO0L AMORTIZED CAPITAL BALANCE: 124,000 VOTER AUTHORIZATION DATE: 10/24/2000 ASSUMED PAYMENTS: 14 AID RATIO: BLD3 ASSUMED ANNUAL AIDABLE EXPENSE: 8,857 TYPE: RETRO AID YEAR STARTING JULY 2004 CMMSR APP DATE: 03/20/01 PPU: 15.0 CONTRACT DATE: 05/02/01 PROJECT NUMBER: 0022-011 PROJECT NAME: RAMAPO SR HIGH SCHOOL AMORTIZED CAPITAL BALANCE: 235,453 VOTER AUTHORIZATION DATE: 03/18/1997 ASSUMED PAYMENTS: 14 AID RATIO: BLD ASSUMED ANNUAL AIDABLE EXPENSE: 16,818 TYPE: RETRO AID YEAR STARTING JULY 2004 CMMSR APP DATE: 05/09/00 PPU: 15.0 CONTRACT DATE: 01/26/01 PROJECT NUMBER: 0034-009 PROJECT NAME: CHESTNUT RIDGE JR HS AMORTIZED CAPITAL BALANCE: 32,240 VOTER AUTHORIZATION DATE: 10/24/2000 ASSUMED PAYMENTS: 14 AID RATIO: BLD3 ASSUMED ANNUAL AIDABLE EXPENSE: 2,302 TYPE: RETRO AID YEAR STARTING JULY 2004 CMMSR APP DATE: 03/20/01 PPU: 15.0 CONTRACT DATE: 05/02/01 PROJECT NUMBER: 0034-011 PROJECT NAME: CHESTNUT RIDGE JR HS AMORTIZED CAPITAL BALANCE: 92,590 VOTER AUTHORIZATION DATE: 03/18/1997 ASSUMED PAYMENTS: 14 AID RATIO: BLD ASSUMED ANNUAL AIDABLE EXPENSE: 6,613 TYPE: RETRO AID YEAR STARTING JULY 2004 CMMSR APP DATE: 05/09/00 PPU: 15.0 CONTRACT DATE: 06/19/00

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