040901 ELLICOTTVILLE CSD
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Amount Issued: 3,400,000 BLD
Date of Original Issuance: 08-Sep-88
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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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0001 002 3,400,000 0 2,733,081 666,919 19.0 64,600,000
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3,400,000 64,600,000
Blended Maximum Useful Life: 19.0
Original Term of Bond: 19.0
Term based on prior Retro borrowing: 20.0
____ Selected Maximum Useful Life: 20.0
Period Prior to 1 July 2002: 13.0
Sel. Remaining Term for Amortization: 7.0
Principal Outstanding as of July 2002: 1,275,000
Assumed Interest Rate: 4.500%
Debt Service for Amortization Year 6 of 7 : 214,358
Bond Percent: 100.000%
Aidable Debt Service for Amortization Year 6 of 7 214,358
Additional Costs Attributable to Refinancing
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A. Total Amount of Refinancing Issued (SA-132A #7): 1,545,000
B. Bond Percent: 100.000%
C. Applicable Building Aid Ratio: 65.1%
D. State Share of Outstanding Principal (SA132-A #3 * B * C): 830,025
E. Amount of Original Principal Refinanced: (SA132-A # 4) 1,275,000
F. State Share Ratio: (D / E) 65.1%
G. Total Fixed Costs Aided at 100% (SA132-A # 13): 6,985
H. Total Variable Costs of Refinancing (SA132-A # 23): 81,547
I. State Share of Variable Costs Aided at 100%:( H * F) 53,087
J. Total Principal Added(A - E - G - H): 181,468
K. State Share of Additional Principal Aided at 100% (J * F): 118,136
L. Total Refinancing Costs Aided at 100% (G + I + K): 178,208
M. Local Share of Variable Costs Aided at State Share (H - I): 28,460
Assumed Aidable Debt Service for Refinancing
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Assumed Debt Service for Fixed Costs: 1,174
Assumed Debt Service for State Share of Variable Costs: 8,926
Assumed Debt Service for State Share of Additional Principal: 19,862
Assumed Debt Service for Local Share of Variable Costs: * 4,784
* After application of Bond Percent.
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End of Report
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