541401 SHARON SPRINGS CSD                                                      
                                                                                    
                                                                                    
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             Amount Issued:        955,600   BLD-10                                 
 Date of Original Issuance:     01-Sep-99                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0001  011      955,600           0    795,200     160,400  19.0  18,156,400        
___________________________________________________________________________         
                955,600                                           18,156,400        
                                                                                    
                       Blended Maximum Useful Life:         19.0                    
                             Original Term of Bond:         11.0                    
                      Selected Maximum Useful Life:         19.0                    
                       Period Prior to 1 July 2002:          4.0                    
              Sel. Remaining Term for Amortization:         15.0                    
             Principal Outstanding as of July 2002:      675,000                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 6 of 15 :       62,370                    
                                      Bond Percent:      99.827%                    
 Aidable Debt Service for Amortization Year 6 of 15       62,262                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):                  755,000      
  B. Bond Percent:                                                     99.827%      
  C. Applicable Building Aid Ratio:                                      92.1%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):        620,600      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)            675,000      
  F. State Share Ratio: (D / E)                                          91.9%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                     1,306      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                20,780      
  I. State Share of Variable Costs Aided at 100%:( H * F)               19,097      
  J. Total Principal Added(A - E - G - H):                              57,914      
  K. State Share of Additional Principal Aided at 100% (J * F):         53,223      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                 73,626      
  M. Local Share of Variable Costs Aided at State Share (H - I):         1,683      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                    120      
  Assumed Debt Service for State Share of Variable Costs:                1,764      
  Assumed Debt Service for State Share of Additional Principal:          4,918      
  Assumed Debt Service for Local Share of Variable Costs: *                156      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
                                                                                    
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             Amount Issued:      4,444,400   BLD-10                                 
 Date of Original Issuance:     07-Sep-99                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0001  008    5,207,846           0  4,038,600   1,169,246  19.0  98,949,074        
 0001  012      148,124           0          0     148,124  15.0   2,221,860        
___________________________________________________________________________         
              5,355,970                                          101,170,934        
                                                                                    
                       Blended Maximum Useful Life:         19.0                    
                             Original Term of Bond:         11.0                    
                      Selected Maximum Useful Life:         19.0                    
                       Period Prior to 1 July 2002:          5.0                    
              Sel. Remaining Term for Amortization:         14.0                    
             Principal Outstanding as of July 2002:    2,900,000                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 6 of 14 :      281,446                    
                                      Bond Percent:      99.827%                    
 Aidable Debt Service for Amortization Year 6 of 14      280,959                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):                3,205,000      
  B. Bond Percent:                                                     99.827%      
  C. Applicable Building Aid Ratio:                                      92.1%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):      2,666,279      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)          2,900,000      
  F. State Share Ratio: (D / E)                                          91.9%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                     5,544      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                92,944      
  I. State Share of Variable Costs Aided at 100%:( H * F)               85,416      
  J. Total Principal Added(A - E - G - H):                             206,512      
  K. State Share of Additional Principal Aided at 100% (J * F):        189,785      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                280,744      
  M. Local Share of Variable Costs Aided at State Share (H - I):         7,528      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                    538      
  Assumed Debt Service for State Share of Variable Costs:                8,290      
  Assumed Debt Service for State Share of Additional Principal:         18,418      
  Assumed Debt Service for Local Share of Variable Costs: *                729      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
                                                                                    
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             Amount Issued:      7,170,000   BLD-10                                 
 Date of Original Issuance:     01-Apr-02                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0001  008    5,207,846           0  4,038,600   1,169,246  19.0  98,949,074        
 0001  012      148,124           0          0     148,124  15.0   2,221,860        
___________________________________________________________________________         
              5,355,970                                          101,170,934        
                                                                                    
                       Blended Maximum Useful Life:         19.0                    
                             Original Term of Bond:         19.0                    
                      Selected Maximum Useful Life:         19.0                    
                       Period Prior to 1 July 2002:          0.5                    
              Sel. Remaining Term for Amortization:         18.5                    
             Principal Outstanding as of July 2002:    5,450,000                    
                             Assumed Interest Rate:       4.500%                    
     Debt Service for Amortization Year 6 of 18.5 :      437,160                    
                                      Bond Percent:      99.827%                    
   Aidable Debt Service for Amortization Year 6 of       436,404                    
                                                                                    
                                                                                    
                                                                                    
                                                                                    
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End of Report                                                                       
                                                                                    
                                                                             

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