010802 GUILDERLAND CSD                                                         
                                                                                    
                                                                                    
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             Amount Issued:      7,771,000   BLD                                    
 Date of Original Issuance:     02-Jun-92                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0001  003    1,670,438           0  1,318,636     351,802  19.0  31,738,322        
 0001  004      154,804           0          0     154,804  15.0   2,322,060        
 0003  002    2,237,011           0  1,787,111     449,900  19.0  42,503,209        
 0007  002    1,162,125           0  1,024,038     138,087  19.5  22,661,438        
 0012  003    2,396,559           0  1,720,085     676,474  18.5  44,336,342        
___________________________________________________________________________         
              7,620,937                                          143,561,370        
                                                                                    
                       Blended Maximum Useful Life:         19.0                    
                             Original Term of Bond:         19.5                    
                      Selected Maximum Useful Life:         19.5                    
                       Period Prior to 1 July 2002:         12.5                    
              Sel. Remaining Term for Amortization:          7.0                    
             Principal Outstanding as of July 2002:    3,500,000                    
                             Assumed Interest Rate:       4.500%                    
        Debt Service for Amortization Year 6 of 7 :      588,436                    
                                      Bond Percent:      93.966%                    
 Aidable Debt Service for Amortization Year 6 of 7       552,930                    
                                                                                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):                3,730,000      
  B. Bond Percent:                                                     93.966%      
  C. Applicable Building Aid Ratio:                                      64.8%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):      2,131,149      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)          3,500,000      
  F. State Share Ratio: (D / E)                                          60.8%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                     3,049      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                33,972      
  I. State Share of Variable Costs Aided at 100%:( H * F)               20,655      
  J. Total Principal Added(A - E - G - H):                             192,979      
  K. State Share of Additional Principal Aided at 100% (J * F):        117,331      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                141,035      
  M. Local Share of Variable Costs Aided at State Share (H - I):        13,317      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                    512      
  Assumed Debt Service for State Share of Variable Costs:                3,472      
  Assumed Debt Service for State Share of Additional Principal:         19,726      
  Assumed Debt Service for Local Share of Variable Costs: *              2,103      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
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             Amount Issued:      2,758,000   BLD                                    
 Date of Original Issuance:     10-Aug-93                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0001  005       20,679           0          0      20,679  15.0     310,185        
 0003  003       38,212           0          0      38,212  15.0     573,180        
 0005  006    1,126,456           0          0   1,126,456  15.0  16,896,840        
 0005  007      953,053           0          0     953,053  15.0  14,295,795        
 0012  004       29,199           0          0      29,199  15.0     437,985        
 4006  002       60,971           0          0      60,971  15.0     914,565        
 5010  001      633,131           0          0     633,131  15.0   9,496,965        
___________________________________________________________________________         
              2,861,701                                           42,925,515        
                                                                                    
                       Blended Maximum Useful Life:         15.0                    
                             Original Term of Bond:         20.0                    
                      Selected Maximum Useful Life:         20.0                    
                       Period Prior to 1 July 2002:          9.0                    
              Sel. Remaining Term for Amortization:         11.0                    
             Principal Outstanding as of July 2002:      995,000                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 6 of 11 :      115,676                    
                                      Bond Percent:      99.856%                    
 Aidable Debt Service for Amortization Year 6 of 11      115,509                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):                1,060,000      
  B. Bond Percent:                                                     99.856%      
  C. Applicable Building Aid Ratio:                                      64.8%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):        643,832      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)            995,000      
  F. State Share Ratio: (D / E)                                          64.7%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                       866      
  H. Total Variable Costs of Refinancing (SA132-A # 23):                13,764      
  I. State Share of Variable Costs Aided at 100%:( H * F)                8,905      
  J. Total Principal Added(A - E - G - H):                              50,370      
  K. State Share of Additional Principal Aided at 100% (J * F):         32,589      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                 42,361      
  M. Local Share of Variable Costs Aided at State Share (H - I):         4,859      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                    100      
  Assumed Debt Service for State Share of Variable Costs:                1,036      
  Assumed Debt Service for State Share of Additional Principal:          3,788      
  Assumed Debt Service for Local Share of Variable Costs: *                563      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
                                                                                    
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             Amount Issued:      8,000,000   BLD                                    
 Date of Original Issuance:     04-Jan-94                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0015  001       80,175      80,175          0           0  30.0   2,405,250        
___________________________________________________________________________         
                 80,175                                            2,405,250        
                                                                                    
                       Blended Maximum Useful Life:         30.0                    
                             Original Term of Bond:         20.0                    
                      Selected Maximum Useful Life:         30.0                    
                       Period Prior to 1 July 2002:          8.0                    
              Sel. Remaining Term for Amortization:         22.0                    
             Principal Outstanding as of July 2002:    5,250,000                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 6 of 22 :      378,410                    
                                      Bond Percent:      97.293%                    
 Aidable Debt Service for Amortization Year 6 of 22      368,166                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):                5,465,000      
  B. Bond Percent:                                                     97.293%      
  C. Applicable Building Aid Ratio:                                      64.8%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):      3,309,908      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)          5,250,000      
  F. State Share Ratio: (D / E)                                          63.0%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                     4,467      
  H. Total Variable Costs of Refinancing (SA132-A # 23):               106,878      
  I. State Share of Variable Costs Aided at 100%:( H * F)               67,333      
  J. Total Principal Added(A - E - G - H):                             103,655      
  K. State Share of Additional Principal Aided at 100% (J * F):         65,303      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                137,103      
  M. Local Share of Variable Costs Aided at State Share (H - I):        39,545      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                    322      
  Assumed Debt Service for State Share of Variable Costs:                4,854      
  Assumed Debt Service for State Share of Additional Principal:          4,706      
  Assumed Debt Service for Local Share of Variable Costs: *              2,773      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
                                                                                    
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             Amount Issued:      6,450,000   BLD                                    
 Date of Original Issuance:     21-Nov-96                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0005  008    3,100,474           0  1,048,182   2,052,292  16.5  51,157,821        
 0005  010    2,120,840           0          0   2,120,840  15.0  31,812,600        
 0005  011      165,408           0          0     165,408  15.0   2,481,120        
 0005  012   18,638,267           0  3,753,631  14,884,636  16.0 298,212,272        
___________________________________________________________________________         
             24,024,989                                          383,663,813        
                                                                                    
                       Blended Maximum Useful Life:         16.0                    
                             Original Term of Bond:         20.5                    
                      Selected Maximum Useful Life:         20.5                    
                       Period Prior to 1 July 2002:          6.5                    
              Sel. Remaining Term for Amortization:         14.0                    
             Principal Outstanding as of July 2002:    5,020,000                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 6 of 14 :      487,194                    
                                      Bond Percent:      99.990%                    
 Aidable Debt Service for Amortization Year 6 of 14      487,145                    
                                                                                    
                                                                                    
                                                                                    
                                                                                    
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             Amount Issued:     17,250,000   BLD                                    
 Date of Original Issuance:     17-Jul-97                                           
     __________________________________________________________________________     
                           New                    Alt./     Max.    Weighted        
 Bldg  Proj  Allowable   Constr.    Additions   Reconstr   Projec    Useful         
  .     .       Cost       Cost        Cost        Cost    t Life     Life          
     __________________________________________________________________________     
 0005  008    3,100,474           0  1,048,182   2,052,292  16.5  51,157,821        
 0005  010    2,120,840           0          0   2,120,840  15.0  31,812,600        
 0005  011      165,408           0          0     165,408  15.0   2,481,120        
 0005  012   18,638,267           0  3,753,631  14,884,636  16.0 298,212,272        
___________________________________________________________________________         
             24,024,989                                          383,663,813        
                                                                                    
                       Blended Maximum Useful Life:         16.0                    
                             Original Term of Bond:         19.0                    
                      Selected Maximum Useful Life:         19.0                    
                       Period Prior to 1 July 2002:          5.0                    
              Sel. Remaining Term for Amortization:         14.0                    
             Principal Outstanding as of July 2002:   14,090,000                    
                             Assumed Interest Rate:       4.500%                    
       Debt Service for Amortization Year 6 of 14 :    1,367,442                    
                                      Bond Percent:      99.990%                    
 Aidable Debt Service for Amortization Year 6 of 14    1,367,305                    
                                                                                    
Additional Costs Attributable to Refinancing                                        
____________________________________________                                        
  A. Total Amount of Refinancing Issued (SA-132A #7):               14,935,000      
  B. Bond Percent:                                                     99.990%      
  C. Applicable Building Aid Ratio:                                      64.8%      
  D. State Share of Outstanding Principal (SA132-A #3 * B * C):      9,129,407      
  E. Amount of Original Principal Refinanced: (SA132-A # 4)         14,090,000      
  F. State Share Ratio: (D / E)                                          64.7%      
  G. Total Fixed Costs Aided at 100% (SA132-A # 13):                    12,207      
  H. Total Variable Costs of Refinancing (SA132-A # 23):               138,686      
  I. State Share of Variable Costs Aided at 100%:( H * F)               89,730      
  J. Total Principal Added(A - E - G - H):                             694,107      
  K. State Share of Additional Principal Aided at 100% (J * F):        449,087      
  L. Total Refinancing Costs Aided at 100% (G + I + K):                551,024      
  M. Local Share of Variable Costs Aided at State Share (H - I):        48,956      
                                                                                    
Assumed Aidable Debt Service for Refinancing                                        
____________________________________________                                        
  Assumed Debt Service for Fixed Costs:                                  1,184      
  Assumed Debt Service for State Share of Variable Costs:                8,708      
  Assumed Debt Service for State Share of Additional Principal:         43,584      
  Assumed Debt Service for Local Share of Variable Costs: *              4,752      
 * After application of Bond Percent.                                               
                                                                                    
                                                                                    
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End of Report                                                                       
                                                                                    
                                                                             

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