STATE AID BUILDING - PROSPECTIVE PROJECT AMORTIZATION

                   
                                                                                          
 DISTRICT:  580701     SHELTER ISLAND          DATE:  09/04/08                        

                                                                                 
                                                                                          
                                                                                          
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     PROJECT NUMBER:  0001-018     PROJECT NAME:  SHELTER ISLAND SCHOOL                   
     VOTER AUTHORIZATION DATE:  05/16/2006  BLD4                                          
                                                                                          
                   JULY  2008          INTERIM YEARS          JULY  2023                  
  ASSUMED PAYMENTS:      1                     2                    1                     
  DEBT SERVICE:        14,581                 29,162              14,581                  
  AMORTIZED PRINCIPAL:       329,364    CAPITAL OUTLAY:       316,960                     
  CMMSR APP DATE: 07/06/07    DATE CONTRACT SIGNED: 08/10/07  INT RATE: 0.03875  PPU:  15 
  CONTRACT DATE NOTIFICATION TO SED (SA-139 RECEIVE DATE): 08/04/2008                     
                                                                                          
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