Exhibit B-10 to Subpart C of Part 1930 - Reserve Account Tally

Starting Date: (1) Amount Shown on Loan Agreement/Resolution: $(2) Contribution: $(3)/Month × 12 = $(4) Annually Fiscal yearPlanned depositsBeginning of fiscal yearReq. annual depositPlanned ending balancePlanned use of reserveWithdrawalDate authorizedPurposeAmountActual depositsTransfer to reserveInterest earned/usedEarned on reserveTransfer to GOALeft in reserveEnd of fiscal yearEnding reserve balanceComments(5)(6)(7)(8)(9)(10)(11)(12)(13)(14)(15)(16)(17) Reserve Account Tally Instructions

1. Enter month and year that cash flow started from rental income.

2. Enter the ultimate reserve amount to be achieved as shown on the loan agreement/resolution (as modified and increased, if applicable).

3. Enter monthly reserve deposit installment.

4. Enter yearly reserve deposit installment.

5. Enter borrower fiscal year for which records apply.

6. Enter fiscal year beginning balance carried forward from preceding fiscal year.

7. Enter the required annual deposit. If borrower is authorized by an approved budget to contribute less than the amount required by the loan agreement, enter the reduced amount. For amounts “restored” to reserve after a previous withdrawal, enter restored amount in this column on a separate line and describe in comment column.

8. Enter the required balance at the end of the borrower fiscal year.

9. Enter the date of authorization for withdrawal from reserve.

10. Enter the purpose (capital or annual recurring expense); and describe in comment column any agreement (see exhibit B-9 of this subpart) to restore the withdrawal.

11. Enter amount of authorized withdrawal.

12. Enter the actual amount paid into the reserve account.

13. Enter amount of interest earned on reserve deposit during fiscal year.

14. Enter portion of earned interest transferred to project general operating account.

15. Enter balance of earned interest left (accrued) in the reserve account. (Note: At borrower's choice, this amount may be used to help meet or increase the annual reserve deposit.)

16. Enter the reserve balance at the end of the fiscal year.

Balance at end of last fiscal year.

Less authorized withdrawal.

Plus transfer to reserve.

Plus accrued interest.

Note:

Reconciliation of the current account balance may be accomplished by entering the following calculations of the tally sheet.

(1) Calculate: Gross Potential Reserve (GPR); No. of Deposit Installments since start date × $ amount of installments = GPR. Then separately,

(2) Add: regular and extra deposits = $ Additions.

(3) Subtract: FmHA or its successor agency under Public Law 103-354 authorized withdrawals = $ Subtractions.

(4) Result: current balance = $ balance.

(5) Compare GPR to current balance.

17. Enter appropriate notes (e.g., withdrawal uses, explain discrepancies with other documents).