511301 HERMON-DEKALB CSD                                                       
                                                                                    
                                                                                    
******************************************************************************      
                                                                                    
             Amount Issued:      2,453,550   BLD                                    
 Date of Original Issuance:     26-Mar-92                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0002  003    2,498,871           0  1,083,249   1,415,622  17.0  42,480,807        
___________________________________________________________________________         
              2,498,871                                           42,480,807        
                                                                                    
                       Blended Maximum Useful Life:         17.0                    
                             Original Term of Bond:         19.0                    
                      Selected Maximum Useful Life:         19.0                    
                       Period Prior to 1 July 2002:         10.0                    
              Sel. Remaining Term for Amortization:          9.0                    
             Principal Outstanding as of July 2002:    1,325,000                    
                             Assumed Interest Rate:       4.500%                    
        Debt Service for Amortization Year 6 of 9 :      180,670                    
                                      Bond Percent:     100.000%                    
 Aidable Debt Service for Amortization Year 6 of 9       180,670                    
                                                                                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):                1,587,000      
  B. Bond Percent:                                                    100.000%      
  C. Applicable Building Aid Ratio:                                      89.2%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):      1,181,900      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)          1,325,000      
  F. State Share Ratio: (D / E)                                          89.2%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                     4,704      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                37,482      
  I. State Share of Variable Costs Aided at 100%:( H * F)               33,434      
  J. Total Principal Added(A - E - G - H):                             219,814      
  K. State Share of Additional Principal Aided at 100% (J * F):        196,074      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                234,212      
  M. Local Share of Variable Costs Aided at State Share (H - I):         4,048      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                    642      
  Assumed Debt Service for State Share of Variable Costs:                4,558      
  Assumed Debt Service for State Share of Additional Principal:         26,736      
  Assumed Debt Service for Local Share of Variable Costs: *                552      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
******************************************************************************      
                                                                                    
             Amount Issued:        143,722   BLD                                    
 Date of Original Issuance:     23-Jun-95                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0002  006      144,148           0          0     144,148  15.0   2,162,220        
___________________________________________________________________________         
                144,148                                            2,162,220        
                                                                                    
                       Blended Maximum Useful Life:         15.0                    
                             Original Term of Bond:          8.0                    
                      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:       41,757                    
                             Assumed Interest Rate:       4.500%                    
        Debt Service for Amortization Year 6 of 9 :        5,694                    
                                      Bond Percent:      95.873%                    
 Aidable Debt Service for Amortization Year 6 of 9         5,459                    
                                                                                    
                                                                                    
                                                                                    
                                                                                    
                                                                                    
******************************************************************************      
                                                                                    
             Amount Issued:        334,463   BLD                                    
 Date of Original Issuance:     16-Oct-96                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0002  007      166,231           0          0     166,231  15.0   2,493,465        
 5003  002       55,562           0          0      55,562  15.0     833,430        
___________________________________________________________________________         
                221,793                                            3,326,895        
                                                                                    
                       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:      190,000                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 6 of 10 :       23,804                    
                                      Bond Percent:      66.313%                    
 Aidable Debt Service for Amortization Year 6 of 10       15,785                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):                  170,000      
  B. Bond Percent:                                                     66.313%      
  C. Applicable Building Aid Ratio:                                      89.2%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):        112,387      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)            155,000      
  F. State Share Ratio: (D / E)                                          72.5%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                       504      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                 4,024      
  I. State Share of Variable Costs Aided at 100%:( H * F)                2,917      
  J. Total Principal Added(A - E - G - H):                              10,472      
  K. State Share of Additional Principal Aided at 100% (J * F):          7,592      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                 11,014      
  M. Local Share of Variable Costs Aided at State Share (H - I):         1,107      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                     64      
  Assumed Debt Service for State Share of Variable Costs:                  366      
  Assumed Debt Service for State Share of Additional Principal:            952      
  Assumed Debt Service for Local Share of Variable Costs: *                 92      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
                                                                                    
******************************************************************************      
                                                                                    
             Amount Issued:      2,600,000   BLD                                    
 Date of Original Issuance:     25-Mar-99                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0002  008    3,000,000           0          0   3,000,000  15.0  45,000,000        
 0002  009      149,898           0          0     149,898  15.0   2,248,470        
___________________________________________________________________________         
              3,149,898                                           47,248,470        
                                                                                    
                       Blended Maximum Useful Life:         15.0                    
                             Original Term of Bond:         10.0                    
                      Selected Maximum Useful Life:         15.0                    
                       Period Prior to 1 July 2002:          3.0                    
              Sel. Remaining Term for Amortization:         12.0                    
             Principal Outstanding as of July 2002:    1,950,000                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 6 of 12 :      212,082                    
                                      Bond Percent:     100.000%                    
 Aidable Debt Service for Amortization Year 6 of 12      212,082                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):                2,123,000      
  B. Bond Percent:                                                    100.000%      
  C. Applicable Building Aid Ratio:                                      89.2%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):      1,739,400      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)          1,950,000      
  F. State Share Ratio: (D / E)                                          89.2%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                     6,292      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                52,184      
  I. State Share of Variable Costs Aided at 100%:( H * F)               46,548      
  J. Total Principal Added(A - E - G - H):                             114,524      
  K. State Share of Additional Principal Aided at 100% (J * F):        102,155      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                154,996      
  M. Local Share of Variable Costs Aided at State Share (H - I):         5,636      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                    684      
  Assumed Debt Service for State Share of Variable Costs:                5,062      
  Assumed Debt Service for State Share of Additional Principal:         11,110      
  Assumed Debt Service for Local Share of Variable Costs: *                612      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
******************************************************************************      
                                                                                    
End of Report                                                                       
                                                                                    
                                                                             

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