030701 CHENANGO VALLEY CSD                                                     
                                                                                    
                                                                                    
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             Amount Issued:      4,500,000   BLD                                    
 Date of Original Issuance:     16-Jan-91                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0001  001    4,928,049           0  2,710,427   2,217,622  17.5  86,240,858        
___________________________________________________________________________         
              4,928,049                                           86,240,858        
                                                                                    
                       Blended Maximum Useful Life:         17.5                    
                             Original Term of Bond:         15.0                    
               Term based on prior Retro borrowing:         15.0                    
                      Selected Maximum Useful Life:         15.0                    
                       Period Prior to 1 July 2002:         11.5                    
              Sel. Remaining Term for Amortization:          3.5                    
             Principal Outstanding as of July 2002:    1,125,000                    
                             Assumed Interest Rate:       4.500%                    
      Debt Service for Amortization Year 1 of 3.5 :      351,000                    
                                      Bond Percent:      98.585%                    
   Aidable Debt Service for Amortization Year 1 of       346,033                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):                1,236,000      
  B. Bond Percent:                                                     98.585%      
  C. Applicable Building Aid Ratio:                                      70.5%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):        781,902      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)          1,125,000      
  F. State Share Ratio: (D / E)                                          69.5%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                     4,370      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                28,135      
  I. State Share of Variable Costs Aided at 100%:( H * F)               19,554      
  J. Total Principal Added(A - E - G - H):                              78,495      
  K. State Share of Additional Principal Aided at 100% (J * F):         54,554      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                 78,478      
  M. Local Share of Variable Costs Aided at State Share (H - I):         8,581      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                  1,364      
  Assumed Debt Service for State Share of Variable Costs:                6,100      
  Assumed Debt Service for State Share of Additional Principal:         17,020      
  Assumed Debt Service for Local Share of Variable Costs: *              2,640      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
                                                                                    
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             Amount Issued:      3,500,000   BLD                                    
 Date of Original Issuance:     22-Oct-92                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0004  002    3,249,081           0    702,140   2,546,941  16.0  51,985,296        
 0004  003      249,182           0          0     249,182  15.0   3,737,730        
___________________________________________________________________________         
              3,498,263                                           55,723,026        
                                                                                    
                       Blended Maximum Useful Life:         16.0                    
                             Original Term of Bond:         20.0                    
                      Selected Maximum Useful Life:         20.0                    
                       Period Prior to 1 July 2002:         10.0                    
              Sel. Remaining Term for Amortization:         10.0                    
             Principal Outstanding as of July 2002:    2,000,000                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 1 of 10 :      250,568                    
                                      Bond Percent:      79.889%                    
 Aidable Debt Service for Amortization Year 1 of 10      200,176                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):                2,369,000      
  B. Bond Percent:                                                     79.889%      
  C. Applicable Building Aid Ratio:                                      70.5%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):      1,126,435      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)          2,000,000      
  F. State Share Ratio: (D / E)                                          56.3%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                     8,480      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                54,457      
  I. State Share of Variable Costs Aided at 100%:( H * F)               30,659      
  J. Total Principal Added(A - E - G - H):                             306,063      
  K. State Share of Additional Principal Aided at 100% (J * F):        172,313      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                211,453      
  M. Local Share of Variable Costs Aided at State Share (H - I):        23,798      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                  1,062      
  Assumed Debt Service for State Share of Variable Costs:                3,842      
  Assumed Debt Service for State Share of Additional Principal:         21,588      
  Assumed Debt Service for Local Share of Variable Costs: *              2,382      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
                                                                                    
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             Amount Issued:      1,707,000   BLD                                    
 Date of Original Issuance:     06-Jan-98                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0002  008       15,550           0          0      15,550  15.0     233,250        
 0004  004        9,312           0          0       9,312  15.0     139,680        
 7999  001    1,682,070           0          0   1,682,070  15.0  25,231,050        
___________________________________________________________________________         
              1,706,932                                           25,603,980        
                                                                                    
                       Blended Maximum Useful Life:         15.0                    
                             Original Term of Bond:         10.0                    
               Term based on prior Retro borrowing:         10.0                    
                      Selected Maximum Useful Life:         10.0                    
                       Period Prior to 1 July 2002:          4.0                    
              Sel. Remaining Term for Amortization:          6.0                    
             Principal Outstanding as of July 2002:    1,140,000                    
                             Assumed Interest Rate:       4.500%                    
        Debt Service for Amortization Year 1 of 6 :      218,920                    
                                      Bond Percent:      98.539%                    
 Aidable Debt Service for Amortization Year 1 of 6       215,722                    
                                                                                    
                                                                                    
                                                                                    
                                                                                    
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             Amount Issued:     13,187,500   BLD-10                                 
 Date of Original Issuance:     24-Aug-01                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0002  007   10,115,152           0          0  10,115,152  15.0 151,727,280        
 7010  001      241,349     241,349          0           0  30.0   7,240,470        
 7011  001       56,075      56,075          0           0  30.0   1,682,250        
___________________________________________________________________________         
             10,412,576                                          160,650,000        
                                                                                    
                       Blended Maximum Useful Life:         15.5                    
                             Original Term of Bond:                                 
                      Selected Maximum Useful Life:         15.5                    
                       Period Prior to 1 July 2002:          1.0                    
              Sel. Remaining Term for Amortization:         14.5                    
             Principal Outstanding as of July 2002:   27,839,169                    
                             Assumed Interest Rate:       4.500%                    
     Debt Service for Amortization Year 1 of 14.5 :    2,634,744                    
                                      Bond Percent:      33.741%                    
   Aidable Debt Service for Amortization Year 1 of       888,989                    
                                                                                    
                                                                                    
                                                                                    
                                                                                    
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End of Report                                                                       
                                                                                    
                                                                             

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