New York State Education Department                          
                       Office of Management Services                            
                       Local Assistance / State Aid                             
                              (518) 474-2977                                    
                                                                                
                                                                                
                                                                                
                                                                                
      Treasurer                          District Code:  512902                 
      POTSDAM CSD                        Municipal Code: 400668400200           
      29 LEROY ST                        Payment Date:   March 31,  2008        
      POTSDAM,NY 13676-1787              Payment Amount:      $1,394,788.70     
                                                                                
                                                                                
                                                                                
                                                                                
                 2007-08 General Aid Spring Advance Certificate                 
                                                                                
                                                                                
March 31, 2008 Sustaining Spring Advance                         $1,427,203.45  
                                                                                
                                                                                
Fed Med Reimbursement (05/01/07-01/31/08)         $64,829.50                    
State Share of Fed Med Reimbursement              $32,414.75                    
                                                                                
Less:                                                                           
     State Share of Federal Medicaid Deducted                       $32,414.75  
     Overpayments                                                        $0.00  
                                                                                
                                                                                
Net Sustaining Spring Advance Payment *                          $1,394,788.70  
                                                                                
                                                                                
                                                                                
                                                                                
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.                                   
                                                                                
                                                                                
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