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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 (2009

Subtract col. b. from col. a

was issued

Sch. SC, line 15)

Amount

For

16 2005

(2008 Schedule SC, line 16)

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

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

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

2010

2006

(2008 Schedule SC, line 16)

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

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

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

2010–2011

2007

(2008 Schedule SC, line 16)

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

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

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

2010–2012

2008

(2008 Schedule SC, line 16)

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

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

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

2010–2013

2009

(2009 Schedule SC, line 9)

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

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

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

2010–2014

Part 5. Computation of Interest Subsidy

If Certificate of Compliance or verification letter was issued in 2009, complete all applicable lines. If claiming a carryover credit, only complete lines 32

through 37.

17 Total amount of loan or betterment outstanding during 2004 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

18 Number of days the loan or betterment was issued during 2004 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

19 Amount in line 17 × (number of days in line 18 ÷ 365) × 5.5%. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

20 Total amount of loan or betterment outstanding during 2005 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

21 Number of days the loan or betterment was issued during 2005 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21

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

23 Total amount of loan or betterment outstanding during 2006 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23

24 Number of days the loan or betterment was issued for during 2006 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24

25 Amount in line 23 × (number of days in line 24 ÷ 365) × 8.5% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25

26 Total amount of loan or betterment outstanding during 2007 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26

27 Number of days the loan or betterment was issued for during 2007 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27

28 Amount in line 26 × (number of days in line 27 ÷ 365) × 9% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28

29 Total amount of loan or betterment outstanding during 2008 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29

30 Number of days the loan or betterment was issued for during 2008 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30

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

32 Total amount of loan or betterment outstanding during 2009 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32

33 Number of days the loan or betterment was issued for during 2009 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33

34 Amount in line 32 × (number of days in line 33 ÷ 365) × 5.25%. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 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 2009, enter the total interest paid during all periods listed above. If claiming a carryover credit only, enter the

amount of interest paid in 2009 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36

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