New York State Education Department                       
                         Office of Management Services                          
                                 State Aid Unit                                 
                                 (518) 474-2977                                 
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
      TREASURER                          DISTRICT CODE:  521301                 
      BALLSTON SPA CSD                   MUNICIPAL CODE: 410653400100           
      70 MALTA AVE                       PAYMENT DATE:   Oct    2008            
      BALLSTON SPA,NY 12020-1599         PAYMENT AMOUNT:     $1,856,600.90      
                                                                                
                             Certificate of STAR Aid                            
 1. 2008-09 Total Levy                                        $40,203,090.00    
                                                                                
October Payment                                                                 
 2. STAR Gross Amount                                          $5,304,574.00    
 3. October Apportionment (Line 2 * .35)                        1,856,600.90    
 4. October Check Amount (Line 3)                               1,856,600.90    
 5. October Check Date                                            10/15/2008    
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
                                                                                
STAR revenues are to be recorded in the General Fund Revenue account code A1085.
                                                                                
*  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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