140703 CLEVELAND HILL UFSD                                                     
                                                                                    
                                                                                    
******************************************************************************      
                                                                                    
             Amount Issued:      4,500,000   BLD                                    
 Date of Original Issuance:     06-Dec-90                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0001  002    2,911,540           0  2,306,604     604,936  19.0  55,319,260        
 0001  003      377,250           0          0     377,250  15.0   5,658,750        
 0003  003      847,221           0          0     847,221  15.0  12,708,315        
 0003  004       16,296           0          0      16,296  15.0     244,440        
 7999  001      162,696           0          0     162,696  15.0   2,440,440        
___________________________________________________________________________         
              4,315,003                                           76,371,205        
                                                                                    
                       Blended Maximum Useful Life:         17.5                    
                             Original Term of Bond:         15.0                    
               Term based on prior Retro borrowing:         18.0                    
                      Selected Maximum Useful Life:         18.0                    
                       Period Prior to 1 July 2002:         11.0                    
              Sel. Remaining Term for Amortization:          7.0                    
             Principal Outstanding as of July 2002:    1,350,000                    
                             Assumed Interest Rate:       4.500%                    
        Debt Service for Amortization Year 6 of 7 :      226,968                    
                                      Bond Percent:      98.658%                    
 Aidable Debt Service for Amortization Year 6 of 7       223,922                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):                1,075,000      
  B. Bond Percent:                                                     98.658%      
  C. Applicable Building Aid Ratio:                                      71.9%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):        957,624      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)          1,000,000      
  F. State Share Ratio: (D / E)                                          95.7%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                       601      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                16,739      
  I. State Share of Variable Costs Aided at 100%:( H * F)               16,019      
  J. Total Principal Added(A - E - G - H):                              57,660      
  K. State Share of Additional Principal Aided at 100% (J * F):         55,181      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                 71,801      
  M. Local Share of Variable Costs Aided at State Share (H - I):           720      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                    102      
  Assumed Debt Service for State Share of Variable Costs:                2,694      
  Assumed Debt Service for State Share of Additional Principal:          9,278      
  Assumed Debt Service for Local Share of Variable Costs: *                118      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
                                                                                    
******************************************************************************      
                                                                                    
             Amount Issued:        626,313   BLD                                    
 Date of Original Issuance:     11-Oct-96                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0001  004      247,086           0          0     247,086  15.0   3,706,290        
 0003  005      379,227           0          0     379,227  15.0   5,688,405        
___________________________________________________________________________         
                626,313                                            9,394,695        
                                                                                    
                       Blended Maximum Useful Life:         15.0                    
                             Original Term of Bond:          9.0                    
                      Selected Maximum Useful Life:         15.0                    
                       Period Prior to 1 July 2002:          6.0                    
              Sel. Remaining Term for Amortization:          9.0                    
             Principal Outstanding as of July 2002:      241,325                    
                             Assumed Interest Rate:       4.500%                    
        Debt Service for Amortization Year 6 of 9 :       32,906                    
                                      Bond Percent:     100.000%                    
 Aidable Debt Service for Amortization Year 6 of 9        32,906                    
                                                                                    
                                                                                    
******************************************************************************      
                                                                                    
             Amount Issued:      1,579,764   BLD                                    
 Date of Original Issuance:     02-May-00                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0001  006    1,579,764           0          0   1,579,764  15.0  23,696,460        
___________________________________________________________________________         
              1,579,764                                           23,696,460        
                                                                                    
                       Blended Maximum Useful Life:         15.0                    
                             Original Term of Bond:         11.0                    
                      Selected Maximum Useful Life:         15.0                    
                       Period Prior to 1 July 2002:          2.0                    
              Sel. Remaining Term for Amortization:         13.0                    
             Principal Outstanding as of July 2002:    1,449,460                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 6 of 13 :      148,486                    
                                      Bond Percent:     100.000%                    
 Aidable Debt Service for Amortization Year 6 of 13      148,486                    
                                                                                    
                                                                                    
                                                                                    
                                                                                    
                                                                                    
******************************************************************************      
                                                                                    
             Amount Issued:     28,100,000   BLD-10                                 
 Date of Original Issuance:     14-Jun-00                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0001  005      469,792           0          0     469,792  15.0   7,046,880        
 0001  007   27,310,410           0 11,210,540  16,099,870  17.0 464,276,970        
 0006  004      543,230           0    499,730      43,500  20.0  10,864,600        
 0006  005      285,000           0          0     285,000  15.0   4,275,000        
___________________________________________________________________________         
             28,608,432                                          486,463,450        
                                                                                    
                       Blended Maximum Useful Life:         17.0                    
                             Original Term of Bond:         20.0                    
                      Selected Maximum Useful Life:         20.0                    
                       Period Prior to 1 July 2002:          2.0                    
              Sel. Remaining Term for Amortization:         18.0                    
             Principal Outstanding as of July 2002:   27,225,000                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 6 of 18 :    2,222,932                    
                                      Bond Percent:      99.514%                    
 Aidable Debt Service for Amortization Year 6 of 18    2,212,129                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):               25,755,000      
  B. Bond Percent:                                                     99.514%      
  C. Applicable Building Aid Ratio:                                      81.9%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):     22,188,910      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)         22,295,000      
  F. State Share Ratio: (D / E)                                          99.5%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                    14,399      
  H. Total Variable Costs of Refinancing (SA132-A # 23):               323,750      
  I. State Share of Variable Costs Aided at 100%:( H * F)              322,131      
  J. Total Principal Added(A - E - G - H):                           3,121,851      
  K. State Share of Additional Principal Aided at 100% (J * F):      3,106,242      
  L. Total Refinancing Costs Aided at 100% (G + I + K):              3,442,772      
  M. Local Share of Variable Costs Aided at State Share (H - I):         1,619      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                  1,176      
  Assumed Debt Service for State Share of Variable Costs:               26,302      
  Assumed Debt Service for State Share of Additional Principal:        253,626      
  Assumed Debt Service for Local Share of Variable Costs: *                131      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
******************************************************************************      
                                                                                    
End of Report                                                                       
                                                                                    
                                                                             

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