401501 WILSON CSD                                                              
                                                                                    
                                                                                    
******************************************************************************      
                                                                                    
             Amount Issued:      4,768,000   BLD                                    
 Date of Original Issuance:     01-Nov-97                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0001  001      170,000           0          0     170,000  15.0   2,550,000        
___________________________________________________________________________         
                170,000                                            2,550,000        
                                                                                    
                       Blended Maximum Useful Life:         15.0                    
                             Original Term of Bond:         12.5                    
                      Selected Maximum Useful Life:         15.0                    
                       Period Prior to 1 July 2002:          7.5                    
              Sel. Remaining Term for Amortization:          7.5                    
             Principal Outstanding as of July 2002:    2,306,390                    
                             Assumed Interest Rate:       4.500%                    
      Debt Service for Amortization Year 6 of 7.5 :      365,740                    
                                      Bond Percent:     100.000%                    
   Aidable Debt Service for Amortization Year 6 of       365,740                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):                2,372,335      
  B. Bond Percent:                                                    100.000%      
  C. Applicable Building Aid Ratio:                                      82.5%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):      1,902,772      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)          2,306,390      
  F. State Share Ratio: (D / E)                                          82.5%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                    10,252      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                92,144      
  I. State Share of Variable Costs Aided at 100%:( H * F)               76,019      
  J. Total Principal Added(A - E - G - H):                                   0      
  K. State Share of Additional Principal Aided at 100% (J * F):              0      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                 86,271      
  M. Local Share of Variable Costs Aided at State Share (H - I):        16,125      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                  1,626      
  Assumed Debt Service for State Share of Variable Costs:               12,054      
  Assumed Debt Service for State Share of Additional Principal:              0      
  Assumed Debt Service for Local Share of Variable Costs: *              2,558      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
                                                                                    
******************************************************************************      
                                                                                    
             Amount Issued:        156,000   BLD                                    
 Date of Original Issuance:     02-Nov-97                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0001  001      170,000           0          0     170,000  15.0   2,550,000        
___________________________________________________________________________         
                170,000                                            2,550,000        
                                                                                    
                       Blended Maximum Useful Life:         15.0                    
                             Original Term of Bond:          9.0                    
                      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:       75,460                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 6 of 10 :        9,454                    
                                      Bond Percent:     100.000%                    
 Aidable Debt Service for Amortization Year 6 of 10        9,454                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):                   77,665      
  B. Bond Percent:                                                    100.000%      
  C. Applicable Building Aid Ratio:                                      82.5%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):         62,255      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)             75,460      
  F. State Share Ratio: (D / E)                                          82.5%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                       336      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                 3,016      
  I. State Share of Variable Costs Aided at 100%:( H * F)                2,488      
  J. Total Principal Added(A - E - G - H):                                   0      
  K. State Share of Additional Principal Aided at 100% (J * F):              0      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                  2,824      
  M. Local Share of Variable Costs Aided at State Share (H - I):           528      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                     42      
  Assumed Debt Service for State Share of Variable Costs:                  312      
  Assumed Debt Service for State Share of Additional Principal:              0      
  Assumed Debt Service for Local Share of Variable Costs: *                 66      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
******************************************************************************      
                                                                                    
End of Report                                                                       
                                                                                    
                                                                             

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