600402 NEWARK VALLEY CSD                                                       
                                                                                    
                                                                                    
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             Amount Issued:        937,450   BLD                                    
 Date of Original Issuance:     15-Aug-97                                           
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                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0003  009      400,196           0          0     400,196  15.0   6,002,940        
 0007  005      505,826           0          0     505,826  15.0   7,587,390        
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                906,022                                           13,590,330        
                                                                                    
                       Blended Maximum Useful Life:         15.0                    
                             Original Term of Bond:         10.0                    
                      Selected Maximum Useful Life:         15.0                    
                       Period Prior to 1 July 2002:          4.0                    
              Sel. Remaining Term for Amortization:         11.0                    
             Principal Outstanding as of July 2002:      625,000                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 6 of 11 :       72,660                    
                                      Bond Percent:      96.647%                    
 Aidable Debt Service for Amortization Year 6 of 11       70,224                    
                                                                                    
                                                                                    
                                                                                    
                                                                                    
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End of Report                                                                       
                                                                                    
                                                                             
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