New York State Education Department                          
                       Office of Management Services                            
                       Local Assistance / State Aid                             
                              (518) 474-2977                                    
                                                                                
                                                                                
                                                                                
                                                                                
      Treasurer                          District Code:  231301                 
      BEAVER RIVER CSD                   Municipal Code: 230756800100           
      PO BOX 179                         Payment Date:   March 31,  2008        
      BEAVER FALLS,NY 13305-0179         Payment Amount:        $872,323.84     
                                                                                
                                                                                
                                                                                
                                                                                
                 2007-08 General Aid Spring Advance Certificate                 
                                                                                
                                                                                
March 31, 2008 Sustaining Spring Advance                           $879,381.59  
                                                                                
                                                                                
Fed Med Reimbursement (05/01/07-01/31/08)         $12,025.50                    
State Share of Fed Med Reimbursement               $6,012.75                    
                                                                                
Less:                                                                           
     State Share of Federal Medicaid Deducted                        $6,012.75  
     Overpayments                                                    $1,045.00  
                                                                                
                                                                                
Net Sustaining Spring Advance Payment *                            $872,323.84  
                                                                                
                                                                                
                                                                                
                                                                                
State Share of Fed Medicaid Not Deducted               $0.00                    
Overpayments Not Deducted                              $0.00                    
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
* Checks will be mailed under separate cover from the Division of the Treasury. 
                                                                                
                                                                                
                                                                                
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