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Part 4. Unused Septic Credit Carryover

Complete only if line 9 is more than line 15, or if you have unused credits from prior years.

Year Certificate

a. Total credit available

b. Portion used

c. Unused credit available

S S u u b b t t r r a a c c t t c c o o l l . . b b . . f f r r o o m m c c o o l l . . a a

of Compliance

this year (2006

was issued

Sch. SC, line 15)

Amount

For

16 2002

(2005 Schedule SC, line 16)

$ . . . . . . . . . . . . . . . .

$ . . . . . . . . . . . . . . . . . . .

$. . . . . . . . . . . . . . .

2007

2003

(2005 Schedule SC, line 16)

$ . . . . . . . . . . . . . . . .

$ . . . . . . . . . . . . . . . . . . .

$. . . . . . . . . . . . . . .

2007–2008

2004

(2005 Schedule SC, line 16)

$ . . . . . . . . . . . . . . . .

$ . . . . . . . . . . . . . . . . . . .

$. . . . . . . . . . . . . . .

2007–2009

2005

(2005 Schedule SC, line 16)

$ . . . . . . . . . . . . . . . .

$ . . . . . . . . . . . . . . . . . . .

$. . . . . . . . . . . . . . .

2007–2010

2006

(2006 Schedule SC, line 9)

$ . . . . . . . . . . . . . . . .

$ . . . . . . . . . . . . . . . . . . .

$. . . . . . . . . . . . . . .

2007–2011

Part 5. Computation of Interest Subsidy

If Certificate of Compliance or verification letter was issued in 2006, complete all applicable lines. If claiming a carryover credit, only complete lines 32

through 37.

17 Total amount of loan or betterment outstanding during 2001 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

18 Number of days the loan or betterment was issued during 2001 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

19 Amount in line 17 × (number of days in line 18 ÷ 365) × 8.75%. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

20 Total amount of loan or betterment outstanding during 2002 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

21 Number of days the loan or betterment was issued during 2002 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21

22 Amount in line 20 × (number of days in line 21 ÷ 365) × 7% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22

23 Total amount of loan or betterment outstanding during 2003 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23

24 Number of days the loan or betterment was issued during 2003 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24

25 Amount in line 23 × (number of days in line 24 ÷ 365) × 5.75%. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25

26 Total amount of loan or betterment outstanding during 2004 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26

27 Number of days the loan or betterment was issued for during 2004 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27

28 Amount in line 26 × (number of days in line 27 ÷ 365) × 5.5% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28

29 Total amount of loan or betterment outstanding during 2005 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29

30 Number of days the loan or betterment was issued for during 2005 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30

31 Amount in line 29 × (number of days in line 30 ÷ 365) × 7% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31

32 Total amount of loan or betterment outstanding during 2006 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32

33 Number of days the loan or betterment was issued for during 2006 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33

34 Amount in line 32 × (number of days in line 33 ÷ 365) × 8.5% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34

35 Total interest at market rate. Add lines 19, 22, 25, 28, 31 and 34 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35

36 Total interest actually paid on the loan or betterment. If Certificate of Compliance or verification letter was issued

in 2006, enter the total interest paid during all periods listed above. If claiming a carryover credit only, enter the

amount of interest paid in 2006 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36

37 Amount of interest subsidy. Subtract line 36 from line 35. Enter result here and in Part 3, line 12 . . . . . . . . . . . . . . . . . . . 37