580103 NORTH BABYLON UFSD                                                      
                                                                                    
                                                                                    
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             Amount Issued:      3,000,000   BLD-10                                 
 Date of Original Issuance:     20-Jun-00                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0003  016    5,188,342           0          0   5,188,342  15.0  77,825,130        
___________________________________________________________________________         
              5,188,342                                           77,825,130        
                                                                                    
                       Blended Maximum Useful Life:         15.0                    
                             Original Term of Bond:         18.0                    
                      Selected Maximum Useful Life:         18.0                    
                       Period Prior to 1 July 2002:          2.0                    
              Sel. Remaining Term for Amortization:         16.0                    
             Principal Outstanding as of July 2002:    2,785,000                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 1 of 16 :      246,050                    
                                      Bond Percent:      99.506%                    
 Aidable Debt Service for Amortization Year 1 of 16      244,835                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):                2,650,000      
  B. Bond Percent:                                                     99.260%      
  C. Applicable Building Aid Ratio:                                      84.2%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):      2,327,617      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)          2,324,120      
  F. State Share Ratio: (D / E)                                         100.0%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                     1,350      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                69,852      
  I. State Share of Variable Costs Aided at 100%:( H * F)               69,852      
  J. Total Principal Added(A - E - G - H):                             254,678      
  K. State Share of Additional Principal Aided at 100% (J * F):        254,678      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                325,880      
  M. Local Share of Variable Costs Aided at State Share (H - I):             0      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                    120      
  Assumed Debt Service for State Share of Variable Costs:                6,172      
  Assumed Debt Service for State Share of Additional Principal:         22,500      
  Assumed Debt Service for Local Share of Variable Costs: *                  0      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
                                                                                    
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             Amount Issued:     27,000,000   BLD-10                                 
 Date of Original Issuance:     21-Jun-00                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0002  031   16,648,422           0          0  16,648,422  15.0 249,726,330        
 0003  016    5,188,342           0          0   5,188,342  15.0  77,825,130        
 0007  017    3,916,196           0          0   3,916,196  15.0  58,742,940        
 0011  021    6,531,657           0          0   6,531,657  15.0  97,974,855        
___________________________________________________________________________         
             32,284,617                                          484,269,255        
                                                                                    
                       Blended Maximum Useful Life:         15.0                    
                             Original Term of Bond:         18.0                    
                      Selected Maximum Useful Life:         18.0                    
                       Period Prior to 1 July 2002:          2.0                    
              Sel. Remaining Term for Amortization:         16.0                    
             Principal Outstanding as of July 2002:   25,995,000                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 1 of 16 :    2,296,614                    
                                      Bond Percent:      99.506%                    
 Aidable Debt Service for Amortization Year 1 of 16    2,285,269                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):               23,680,000      
  B. Bond Percent:                                                     99.260%      
  C. Applicable Building Aid Ratio:                                      84.2%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):     21,725,820      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)         20,988,370      
  F. State Share Ratio: (D / E)                                         100.0%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                    12,064      
  H. Total Variable Costs of Refinancing (SA132-A # 23):               506,416      
  I. State Share of Variable Costs Aided at 100%:( H * F)              506,416      
  J. Total Principal Added(A - E - G - H):                           2,173,150      
  K. State Share of Additional Principal Aided at 100% (J * F):      2,173,150      
  L. Total Refinancing Costs Aided at 100% (G + I + K):              2,691,630      
  M. Local Share of Variable Costs Aided at State Share (H - I):             0      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                  1,066      
  Assumed Debt Service for State Share of Variable Costs:               44,740      
  Assumed Debt Service for State Share of Additional Principal:        191,994      
  Assumed Debt Service for Local Share of Variable Costs: *                  0      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
                                                                                    
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             Amount Issued:     19,600,000   BLD-10                                 
 Date of Original Issuance:     26-Jun-01                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0004  021    7,131,961           0          0   7,131,961  15.0 106,979,415        
 0008  017    7,207,067           0          0   7,207,067  15.0 108,106,005        
 0010  017    3,496,355           0          0   3,496,355  15.0  52,445,325        
 0011  021    6,531,657           0          0   6,531,657  15.0  97,974,855        
___________________________________________________________________________         
             24,367,040                                          365,505,600        
                                                                                    
                       Blended Maximum Useful Life:         15.0                    
                             Original Term of Bond:         16.0                    
                      Selected Maximum Useful Life:         16.0                    
                       Period Prior to 1 July 2002:          1.0                    
              Sel. Remaining Term for Amortization:         15.0                    
             Principal Outstanding as of July 2002:   19,600,000                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 1 of 15 :    1,811,014                    
                                      Bond Percent:      99.506%                    
 Aidable Debt Service for Amortization Year 1 of 15    1,802,068                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):               17,835,000      
  B. Bond Percent:                                                     99.260%      
  C. Applicable Building Aid Ratio:                                      84.2%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):     16,381,076      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)         16,142,360      
  F. State Share Ratio: (D / E)                                         100.0%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                     9,086      
  H. Total Variable Costs of Refinancing (SA132-A # 23):               381,164      
  I. State Share of Variable Costs Aided at 100%:( H * F)              381,164      
  J. Total Principal Added(A - E - G - H):                           1,302,390      
  K. State Share of Additional Principal Aided at 100% (J * F):      1,302,390      
  L. Total Refinancing Costs Aided at 100% (G + I + K):              1,692,640      
  M. Local Share of Variable Costs Aided at State Share (H - I):             0      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                    840      
  Assumed Debt Service for State Share of Variable Costs:               35,220      
  Assumed Debt Service for State Share of Additional Principal:        120,340      
  Assumed Debt Service for Local Share of Variable Costs: *                  0      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
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End of Report                                                                       
                                                                                    
                                                                             

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