Section 2436-A. School aid revenues

With  respect  to  each  issue  of
  outstanding special school purpose bonds, the  chairman  of  the  agency
  shall  annually  certify,  or  in the case of the first such certificate
  within thirty days after the sale of an issue of special school  purpose
  bonds, to the comptroller and the director of the budget, with a copy to
  the  commissioner  of  education, a schedule setting forth the amount of
  school aid revenue necessary for payment of the following obligations:
    (a) all interest and all payments of principal and redemption premium,
  if any, on such special  school  purpose  bonds  maturing  or  otherwise
  coming due during the subsequent state fiscal year;
    (b)  the  amounts required to be deposited in any debt service reserve
  fund with respect to such special school purpose bonds;
    (c) the amount, if any, due to any provider  of  any  bond  credit  or
  liquidity  facility, representing payments made by it as provided in the
  applicable  resolution  or  trust  indenture,  including   any   related
  reasonable interest, fees or charges so provided;
    (d) the amount, if any, required to be rebated to the United States to
  provide  for  continued  federal  tax  exemption  of such special school
  purpose bonds; and
    (e) any administrative or other fees, costs  or  charges  due  to  the
  agency or any other party in connection with such special school purpose
  bonds.
    The  certification  may  be  amended and, in the event of a bond sale,
  shall be amended no later than thirty days after such sale. The schedule
  accompanying such certification shall provide for such payment dates  as
  the  agency  deems  appropriate  to ensure that sufficient funds will be
  available to meet  its  obligations  relating  to  such  special  school
  purpose bonds as they come due.