210402 FRANKFORT-SCHUYLER CSD                                                  
                                                                                    
                                                                                    
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             Amount Issued:      1,618,498   BLD                                    
 Date of Original Issuance:     07-Jan-97                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0001  008      895,014           0          0     895,014  15.0  13,425,210        
 0002  006      831,758           0          0     831,758  15.0  12,476,370        
 0006  003      285,818           0          0     285,818  15.0   4,287,270        
___________________________________________________________________________         
              2,012,590                                           30,188,850        
                                                                                    
                       Blended Maximum Useful Life:         15.0                    
                             Original Term of Bond:         10.0                    
                      Selected Maximum Useful Life:         15.0                    
                       Period Prior to 1 July 2002:          5.0                    
              Sel. Remaining Term for Amortization:         10.0                    
             Principal Outstanding as of July 2002:      815,000                    
                             Assumed Interest Rate:       4.161%                    
       Debt Service for Amortization Year 6 of 10 :      100,460                    
                                      Bond Percent:     100.000%                    
 Aidable Debt Service for Amortization Year 6 of 10      100,460                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):                  860,000      
  B. Bond Percent:                                                    100.000%      
  C. Applicable Building Aid Ratio:                                      80.0%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):        652,000      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)            815,000      
  F. State Share Ratio: (D / E)                                          80.0%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                       474      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                12,021      
  I. State Share of Variable Costs Aided at 100%:( H * F)                9,617      
  J. Total Principal Added(A - E - G - H):                              32,505      
  K. State Share of Additional Principal Aided at 100% (J * F):         26,004      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                 36,095      
  M. Local Share of Variable Costs Aided at State Share (H - I):         2,404      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                     58      
  Assumed Debt Service for State Share of Variable Costs:                1,186      
  Assumed Debt Service for State Share of Additional Principal:          3,206      
  Assumed Debt Service for Local Share of Variable Costs: *                296      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
                                                                                    
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             Amount Issued:     18,289,241   BLD-10                                 
 Date of Original Issuance:     06-Apr-00                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0001  009   12,935,702           0  7,540,662   5,395,040  18.0 232,842,636        
 0001  010    1,350,600           0          0   1,350,600  15.0  20,259,000        
 0002  007    2,316,760           0          0   2,316,760  15.0  34,751,400        
 0006  005    1,970,741           0          0   1,970,741  15.0  29,561,115        
___________________________________________________________________________         
             18,573,803                                          317,414,151        
                                                                                    
                       Blended Maximum Useful Life:         17.0                    
                             Original Term of Bond:         15.0                    
                      Selected Maximum Useful Life:         17.0                    
                       Period Prior to 1 July 2002:          2.0                    
              Sel. Remaining Term for Amortization:         15.0                    
             Principal Outstanding as of July 2002:   16,615,000                    
                             Assumed Interest Rate:       4.849%                    
       Debt Service for Amortization Year 6 of 15 :    1,571,690                    
                                      Bond Percent:      96.922%                    
 Aidable Debt Service for Amortization Year 6 of 15    1,523,313                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):               17,898,000      
  B. Bond Percent:                                                     96.787%      
  C. Applicable Building Aid Ratio:                                      90.0%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):     14,473,044      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)         16,615,000      
  F. State Share Ratio: (D / E)                                          87.1%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                     9,860      
  H. Total Variable Costs of Refinancing (SA132-A # 23):               256,996      
  I. State Share of Variable Costs Aided at 100%:( H * F)              223,844      
  J. Total Principal Added(A - E - G - H):                           1,016,144      
  K. State Share of Additional Principal Aided at 100% (J * F):        885,061      
  L. Total Refinancing Costs Aided at 100% (G + I + K):              1,118,765      
  M. Local Share of Variable Costs Aided at State Share (H - I):        33,152      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                    932      
  Assumed Debt Service for State Share of Variable Costs:               21,174      
  Assumed Debt Service for State Share of Additional Principal:         83,722      
  Assumed Debt Service for Local Share of Variable Costs: *              3,035      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
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End of Report                                                                       
                                                                                    
                                                                             

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