New York State Education Department                          
                       Office of Management Services                            
                       Local Assistance / State Aid                             
                              (518) 474-2977                                    
                                                                                
                                                                                
                                                                                
                                                                                
      Treasurer                          District Code:  121901                 
      WALTON CSD                         Municipal Code: 120786600100           
      47-49 STOCKTON AVE                 Payment Date:   March 31,  2008        
      WALTON,NY 13856-1493               Payment Amount:      $1,060,912.17     
                                                                                
                                                                                
                                                                                
                                                                                
                 2007-08 General Aid Spring Advance Certificate                 
                                                                                
                                                                                
March 31, 2008 Sustaining Spring Advance                         $1,096,573.67  
                                                                                
                                                                                
Fed Med Reimbursement (05/01/07-01/31/08)         $71,323.00                    
State Share of Fed Med Reimbursement              $35,661.50                    
                                                                                
Less:                                                                           
     State Share of Federal Medicaid Deducted                       $35,661.50  
     Overpayments                                                        $0.00  
                                                                                
                                                                                
Net Sustaining Spring Advance Payment *                          $1,060,912.17  
                                                                                
                                                                                
                                                                                
                                                                                
State Share of Fed Medicaid Not Deducted               $0.00                    
Overpayments Not Deducted                              $0.00                    
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
* Deposits will take place sometime during the day of the payment date and funds
will be available the following business day.                                   
                                                                                
                                                                                
NYSED HOME PAGE | STATE AID HOME PAGE | DISTRICT HOME PAGE