STATE AID BUILDING - PROSPECTIVE PROJECT AMORTIZATION

                   
                                                                                          
 DISTRICT:  541001     MIDDLEBURGH             DATE:  09/04/08                        

                                                                                 
                                                                                          
                                                                                          
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     PROJECT NUMBER:  0007-006     PROJECT NAME:  ELEMENTARY SCHOOL                       
     VOTER AUTHORIZATION DATE:  01/24/2001  BLD3                                          
                                                                                          
                   JULY  2003          INTERIM YEARS          JULY  2017                  
  ASSUMED PAYMENTS:      2                     2                    2                     
  DEBT SERVICE:       110,114                110,114             110,114                  
  AMORTIZED PRINCIPAL:     1,191,737    CAPITAL OUTLAY:             0                     
  CMMSR APP DATE: 02/22/02    DATE CONTRACT SIGNED: 02/27/02  INT RATE: 0.04500  PPU:  15 
  CONTRACT DATE NOTIFICATION TO SED (SA-139 RECEIVE DATE): 07/02/2003                     
                                                                                          
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