030501 HARPURSVILLE CSD                                                        
                                                                                    
                                                                                    
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             Amount Issued:      5,750,000   BLD                                    
 Date of Original Issuance:     14-Jun-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  007      763,298           0          0     763,298  15.0  11,449,470        
 0006  003    5,202,393           0  3,087,725   2,114,668  18.0  93,643,074        
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              5,965,691                                          105,092,544        
                                                                                    
                       Blended Maximum Useful Life:         17.5                    
                             Original Term of Bond:         12.0                    
                      Selected Maximum Useful Life:         17.5                    
                       Period Prior to 1 July 2002:          7.0                    
              Sel. Remaining Term for Amortization:         10.5                    
             Principal Outstanding as of July 2002:    1,800,000                    
                             Assumed Interest Rate:       4.500%                    
     Debt Service for Amortization Year 6 of 10.5 :      216,992                    
                                      Bond Percent:      99.408%                    
   Aidable Debt Service for Amortization Year 6 of       215,707                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
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  A. Total Amount of Refinancing Issued (SA-132A #7):                1,950,000      
  B. Bond Percent:                                                     99.408%      
  C. Applicable Building Aid Ratio:                                      87.4%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):      1,563,887      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)          1,800,000      
  F. State Share Ratio: (D / E)                                          86.8%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                     8,100      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                84,113      
  I. State Share of Variable Costs Aided at 100%:( H * F)               73,010      
  J. Total Principal Added(A - E - G - H):                              57,787      
  K. State Share of Additional Principal Aided at 100% (J * F):         50,159      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                131,269      
  M. Local Share of Variable Costs Aided at State Share (H - I):        11,103      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
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  Assumed Debt Service for Fixed Costs:                                    976      
  Assumed Debt Service for State Share of Variable Costs:                8,802      
  Assumed Debt Service for State Share of Additional Principal:          6,046      
  Assumed Debt Service for Local Share of Variable Costs: *              1,330      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
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End of Report                                                                       
                                                                                    
                                                                             

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