120501 DELHI CSD                                                               
                                                                                    
                                                                                    
******************************************************************************      
                                                                                    
             Amount Issued:      5,450,000   BLD                                    
 Date of Original Issuance:     13-Jun-96                                           
                                                                                    
______________________________________________________________________________      
                           New                    Alt./     Max.   Weighted         
Bldg. Proj.  Allowable   Constr.    Additions   Reconstr  Project   Useful          
        No.     Cost       Cost        Cost        Cost     Life      Life          
                                                                                    
______________________________________________________________________________      
 0001  002   12,570,573           0  7,166,961   5,403,612  18.0 226,270,314        
 0009  001    3,838,472   3,838,472          0           0  30.0 115,154,160        
_______________________________________________________________________________     
             16,409,045                                          341,424,474        
                                                                                    
                       Blended Maximum Useful Life:         21.0                    
                             Original Term of Bond:         10.0                    
                      Selected Maximum Useful Life:         21.0                    
                       Period Prior to 1 July 2002:          6.0                    
              Sel. Remaining Term for Amortization:         15.0                    
             Principal Outstanding as of July 2002:    2,300,000                    
                             Assumed Interest Rate:       5.253%                    
       Debt Service for Amortization Year 5 of 15 :      223,506                    
                                      Bond Percent:     100.000%                    
Aidable Debt Service for Amortization Year 5 of 15 :     223,506                    
                                                                                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):                2,362,000      
  B. Bond Percent:                                                    100.000%      
  C. Applicable Building Aid Ratio:                                      73.3%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):      1,685,900      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)          2,300,000      
  F. State Share Ratio: (D / E)                                          73.3%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                     3,291      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                44,856      
  I. State Share of Variable Costs Aided at 100%:( H * F)               32,879      
  J. Total Principal Added(A - E - G - H):                              13,853      
  K. State Share of Additional Principal Aided at 100% (J * F):         10,154      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                 46,325      
  M. Local Share of Variable Costs Aided at State Share (H - I):        11,977      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                    320      
  Assumed Debt Service for State Share of Variable Costs:                3,196      
  Assumed Debt Service for State Share of Additional Principal:            986      
  Assumed Debt Service for Local Share of Variable Costs: *              1,164      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
******************************************************************************      
                                                                                    
             Amount Issued:      7,650,000   BLD                                    
 Date of Original Issuance:     25-Mar-97                                           
                                                                                    
______________________________________________________________________________      
                           New                    Alt./     Max.   Weighted         
Bldg. Proj.  Allowable   Constr.    Additions   Reconstr  Project   Useful          
        No.     Cost       Cost        Cost        Cost     Life      Life          
                                                                                    
______________________________________________________________________________      
 0001  002   12,570,573           0  7,166,961   5,403,612  18.0 226,270,314        
 0001  003      442,400           0          0     442,400  15.0   6,636,000        
 0004  002    3,780,366           0  1,885,906   1,894,460  17.5  66,156,405        
_______________________________________________________________________________     
             16,793,339                                          299,062,719        
                                                                                    
                       Blended Maximum Useful Life:         18.0                    
                             Original Term of Bond:         15.0                    
                      Selected Maximum Useful Life:         18.0                    
                       Period Prior to 1 July 2002:          6.0                    
              Sel. Remaining Term for Amortization:         12.0                    
             Principal Outstanding as of July 2002:    4,500,000                    
                             Assumed Interest Rate:       5.160%                    
       Debt Service for Amortization Year 5 of 12 :      507,684                    
                                      Bond Percent:     100.000%                    
Aidable Debt Service for Amortization Year 5 of 12 :     507,684                    
                                                                                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):                4,617,000      
  B. Bond Percent:                                                    100.000%      
  C. Applicable Building Aid Ratio:                                      73.3%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):      3,298,500      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)          4,500,000      
  F. State Share Ratio: (D / E)                                          73.3%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                     6,433      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                87,047      
  I. State Share of Variable Costs Aided at 100%:( H * F)               63,805      
  J. Total Principal Added(A - E - G - H):                              23,520      
  K. State Share of Additional Principal Aided at 100% (J * F):         17,240      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                 87,479      
  M. Local Share of Variable Costs Aided at State Share (H - I):        23,242      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                    726      
  Assumed Debt Service for State Share of Variable Costs:                7,198      
  Assumed Debt Service for State Share of Additional Principal:          1,944      
  Assumed Debt Service for Local Share of Variable Costs: *              2,622      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
******************************************************************************      
                                                                                    
End of Report                                                                       
                                                                                    
                                                                             

NYSED HOME PAGE | STATE AID HOME PAGE | DISTRICT HOME PAGE