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Part 4. Unused Septic Credit Carryover

Complete only if line 13 is more than line 11, 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 (1999

Subtract col. b. from col. a

was issued

Sch. SC, line 15)

Amount

For

16 1997

(1998 Sch. SC, line 16)

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

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

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

2000–2002

1998

(1998 Sch. SC, line 16)

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

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

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

2000–2003

1999

(1999 Sch. SC, line 9)

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

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

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

2000–2004

Part 5. Computation of Interest Subsidy

If Certificate of Compliance or verification letter was issued in 1999, complete

all applicable lines. If claiming a carryover credit, only complete lines 29–34.

17 Total amount of loan or betterment outstanding during 1995 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

18 Number of days the loan or betterment was issued for during 1995. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

× (number of days in line 18 ÷ 365) × 10.25% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

19 Amount in line 17

20 Total amount of loan or betterment outstanding during 1996 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

21 Number of days the loan or betterment was issued for during 1996. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21

22 Amount in line 20 × (number of days in line 21 ÷ 365) × 9.75% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22

23 Total amount of loan or betterment outstanding during 1997 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23

24 Number of days the loan or betterment was issued for during 1997. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24

25 Amount in line 23 × (number of days in line 24 ÷ 365) × 10% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25

26 Total amount of loan or betterment outstanding during 1998 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26

27 Number of days the loan or betterment was issued for during 1998. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27

28 Amount in line 26 × (number of days in line 27 ÷ 365) × 9.25% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28

29 Total amount of loan or betterment outstanding during 1999 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29

30 Number of days the loan or betterment was issued for during 1999. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30

31 Amount in line 29 × (number of days in line 30 ÷ 365) × 8.75% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31

32 Total interest at market rate. Add lines 19, 22, 25, 28 and 31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32

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

in 1999, enter the total interest paid during all periods listed above. If claiming a carryover credit only, enter the

amount of interest paid in 1999 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33

34 Amount of interest subsidy. Subtract line 33 from line 32. Enter result here and in Part 3, line 12 . . . . . . . . . . . . . . . . . . . . 34