022001 FILLMORE CENTRAL SCHOOL                                                 
                                                                                    
                                                                                    
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             Amount Issued:      6,711,000   BLD                                    
 Date of Original Issuance:     21-Nov-96                                           
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                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0001  003    6,585,107           0  1,799,520   4,785,587  16.5 108,654,266        
 0001  004       74,892           0          0      74,892  15.0   1,123,380        
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              6,659,999                                          109,777,646        
                                                                                    
                       Blended Maximum Useful Life:         16.5                    
                             Original Term of Bond:         19.0                    
                      Selected Maximum Useful Life:         19.0                    
                       Period Prior to 1 July 2002:          6.0                    
              Sel. Remaining Term for Amortization:         13.0                    
             Principal Outstanding as of July 2002:    4,875,000                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 6 of 13 :      499,408                    
                                      Bond Percent:      97.423%                    
 Aidable Debt Service for Amortization Year 6 of 13      486,538                    
                                                                                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
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  A. Total Amount of Refinancing Issued (SA-132A #7):                5,340,000      
  B. Bond Percent:                                                     97.423%      
  C. Applicable Building Aid Ratio:                                      84.9%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):      4,032,216      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)          4,875,000      
  F. State Share Ratio: (D / E)                                          82.7%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                     7,276      
  H. Total Variable Costs of Refinancing (SA132-A # 23):               118,171      
  I. State Share of Variable Costs Aided at 100%:( H * F)               97,727      
  J. Total Principal Added(A - E - G - H):                             339,553      
  K. State Share of Additional Principal Aided at 100% (J * F):        280,810      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                385,814      
  M. Local Share of Variable Costs Aided at State Share (H - I):        20,444      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
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  Assumed Debt Service for Fixed Costs:                                    746      
  Assumed Debt Service for State Share of Variable Costs:               10,012      
  Assumed Debt Service for State Share of Additional Principal:         28,766      
  Assumed Debt Service for Local Share of Variable Costs: *              2,040      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
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             Amount Issued:      1,500,000   BLD-10                                 
 Date of Original Issuance:     27-Jul-00                                           
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                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
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 5002  002    1,764,633           0    901,598     863,035  17.5  30,881,078        
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              1,764,633                                           30,881,078        
                                                                                    
                       Blended Maximum Useful Life:         17.5                    
                             Original Term of Bond:         11.0                    
               Term based on prior Retro borrowing:         18.0                    
                      Selected Maximum Useful Life:         18.0                    
                       Period Prior to 1 July 2002:          3.0                    
              Sel. Remaining Term for Amortization:         15.0                    
             Principal Outstanding as of July 2002:      750,000                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 6 of 15 :       69,298                    
                                      Bond Percent:     100.000%                    
 Aidable Debt Service for Amortization Year 6 of 15       69,298                    
                                                                                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
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  A. Total Amount of Refinancing Issued (SA-132A #7):                  825,000      
  B. Bond Percent:                                                    100.000%      
  C. Applicable Building Aid Ratio:                                      94.9%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):        711,750      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)            750,000      
  F. State Share Ratio: (D / E)                                          94.9%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                     1,124      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                18,883      
  I. State Share of Variable Costs Aided at 100%:( H * F)               17,920      
  J. Total Principal Added(A - E - G - H):                              54,993      
  K. State Share of Additional Principal Aided at 100% (J * F):         52,188      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                 71,232      
  M. Local Share of Variable Costs Aided at State Share (H - I):           963      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                    104      
  Assumed Debt Service for State Share of Variable Costs:                1,656      
  Assumed Debt Service for State Share of Additional Principal:          4,822      
  Assumed Debt Service for Local Share of Variable Costs: *                 88      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
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End of Report                                                                       
                                                                                    
                                                                             

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