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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

of Compliance

this year (2003

Subtract col. b. from col. a

was issued

Sch. SC, line 15)

Amount

For

16 1999

(2002 Schedule SC, line 16)

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

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

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

2004

2000

(2002 Schedule SC, line 16)

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

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

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

2004–2005

2001

(2002 Schedule SC, line 16)

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

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

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

2004–2006

2002

(2002 Schedule SC, line 16)

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

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

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

2004–2007

2003

(2003 Schedule SC, line 9)

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

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

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

2004–2008

Part 5. Computation of Interest Subsidy

If Certificate of Compliance or verification letter was issued in 2003, complete all applicable lines. If claiming a carryover credit, only complete lines 32

through 37.

17 Total amount of loan or betterment outstanding during 1998 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

18 Number of days the loan or betterment was issued for during 1998. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

× (number of days in line 18 ÷ 365) × 9.25% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

19 Amount in line17

20 Total amount of loan or betterment outstanding during 1999 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

21 Number of days the loan or betterment was issued for during 1999. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21

22 Amount in line 20 × (number of days in line 21 ÷ 365) × 8.75% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22

23 Total amount of loan or betterment outstanding during 2000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23

24 Number of days the loan or betterment was issued during 2000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24

25 Amount in line 23 × (number of days in line 24 ÷ 365) × 9.75% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25

26 Total amount of loan or betterment outstanding during 2001 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26

27 Number of days the loan or betterment was issued during 2001 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27

28 Amount in line 26 × (number of days in line 27 ÷ 365) × 8.75% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28

29 Total amount of loan or betterment outstanding during 2002 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29

30 Number of days the loan or betterment was issued during 2002 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30

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

32 Total amount of loan or betterment outstanding during 2003 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32

33 Number of days the loan or betterment was issued for during 2003. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33

34 Amount in line 32 × (number of days in line 33 ÷ 365) × 5.75% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 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 2003, enter the total interest paid during all periods listed above. If claiming a carryover credit only, enter the

amount of interest paid in 2003 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36

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