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      <TaxExemptBondLiabilities>
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      <TotalLiabilities>
        <BOY>8387732</BOY>
        <EOY>8111809</EOY>
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      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
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      <TotalNetAssetsFundBalances>
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      <TotalLiabNetAssetsFundBalances>
        <BOY>20498283</BOY>
        <EOY>20985717</EOY>
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      <ReconcilationRevenueExpenses>763357</ReconcilationRevenueExpenses>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <FSAuditedBasis>
        <FinancialStatementSeparate>X</FinancialStatementSeparate>
      </FSAuditedBasis>
      <AuditCommittee>true</AuditCommittee>
      <FederalGrantAuditRequired>false</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleA documentId="00000002" softwareId="12000225">
      <PubliclySupportedOrg509a2>X</PubliclySupportedOrg509a2>
      <PublicSupportTotal170>0</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <Total>0</Total>
      </GrossInvestmentIncome170>
      <PublicSupportPertcentage170>0</PublicSupportPertcentage170>
      <GiftsGrantsContribReceived509>
        <CurrentTaxYearMinus4Years>13537060</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>14979448</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>15725445</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>15803241</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>15641992</CurrentTaxYear>
        <Total>75687186</Total>
      </GiftsGrantsContribReceived509>
      <Total509>
        <CurrentTaxYearMinus4Years>13537060</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>14979448</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>15725445</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>15803241</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>15641992</CurrentTaxYear>
        <Total>75687186</Total>
      </Total509>
      <PublicSupportTotal509>75687186</PublicSupportTotal509>
      <GrossInvestmentIncome509>
        <CurrentTaxYearMinus4Years>184476</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>128142</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>173602</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>178295</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>182258</CurrentTaxYear>
        <Total>846773</Total>
      </GrossInvestmentIncome509>
      <InvestmentIncomeAndUBTI>
        <CurrentTaxYearMinus4Years>184476</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>128142</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>173602</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>178295</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>182258</CurrentTaxYear>
        <Total>846773</Total>
      </InvestmentIncomeAndUBTI>
      <TotalSupportTotal>
        <Total>76533959</Total>
      </TotalSupportTotal>
      <PublicSupportPercentage509>0.98890</PublicSupportPercentage509>
      <PriorYearSupportPercentage>0.98780</PriorYearSupportPercentage>
      <InvestmentIncomePercentage>0.01110</InvestmentIncomePercentage>
      <PriorYrInvestIncomePercentage>0.01220</PriorYrInvestIncomePercentage>
      <ThirtyThreePercntTestsCY509>X</ThirtyThreePercntTestsCY509>
    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="00000003" softwareId="12000225">
      <Land>
        <InvestmentCostOrOtherBasis>1215000</InvestmentCostOrOtherBasis>
        <BookValue>1215000</BookValue>
      </Land>
      <Buildings>
        <InvestmentCostOrOtherBasis>10284615</InvestmentCostOrOtherBasis>
        <Depreciation>1818236</Depreciation>
        <BookValue>8466379</BookValue>
      </Buildings>
      <Equipment>
        <InvestmentCostOrOtherBasis>1255651</InvestmentCostOrOtherBasis>
        <Depreciation>838752</Depreciation>
        <BookValue>416899</BookValue>
      </Equipment>
      <OtherLandBuildings>
        <InvestmentCostOrOtherBasis>154488</InvestmentCostOrOtherBasis>
        <Depreciation>103021</Depreciation>
        <BookValue>51467</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>10149745</TotalOfBookValueLandBuildings>
      <TotRevenueEtcAuditedFinclStmt>16150171</TotRevenueEtcAuditedFinclStmt>
      <RevenueSubtotal>16150171</RevenueSubtotal>
      <TotalRevenuePerForm990>16150171</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>15386814</TotExpensesEtcAuditedFinclStmt>
      <ExpensesSubtotal>15386814</ExpensesSubtotal>
      <TotalExpensesPerForm990>15386814</TotalExpensesPerForm990>
    </IRS990ScheduleD>
    <IRS990ScheduleJ documentId="00000004">
      <SeverancePayment>false</SeverancePayment>
      <SupplementalNonqualRetirePlan>false</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>false</EquityBasedCompArrangement>
      <CompBasedOnRevenueOfFilingOrg>false</CompBasedOnRevenueOfFilingOrg>
      <CompBasedOnRevenueRelatedOrgs>false</CompBasedOnRevenueRelatedOrgs>
      <CompBasedNetEarningsFilingOrg>false</CompBasedNetEarningsFilingOrg>
      <CompBasedNetEarningsRelateOrgs>false</CompBasedNetEarningsRelateOrgs>
      <AnyNonFixedPayments>false</AnyNonFixedPayments>
      <InitialContractException>false</InitialContractException>
      <Form990ScheduleJPartII>
        <NamePerson>LONDA KNOLLMAN</NamePerson>
        <BaseCompensationFilingOrg>145187</BaseCompensationFilingOrg>
        <BonusFilingOrg>20524</BonusFilingOrg>
        <OtherCompensationFilingOrg>2915</OtherCompensationFilingOrg>
        <TotalCompensationFilingOrg>168626</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
    </IRS990ScheduleJ>
    <IRS990ScheduleK documentId="00000005" softwareId="12000225">
      <Form990ScheduleKPartI>
        <BondReferenceCd>A</BondReferenceCd>
        <IssuerName>
          <BusinessNameLine1>CITY OF EDGEWOOD KY</BusinessNameLine1>
        </IssuerName>
        <IssuerEIN>610704468</IssuerEIN>
        <CUSIPNumber>000000000</CUSIPNumber>
        <DateIssued>2008-10-20</DateIssued>
        <IssuePrice>8500000</IssuePrice>
        <DescriptionOfPurpose>Acquisition of Builing &amp; Land</DescriptionOfPurpose>
        <Defeased>false</Defeased>
        <OnBehalfOfIssuer>true</OnBehalfOfIssuer>
        <PoolFinancing>false</PoolFinancing>
      </Form990ScheduleKPartI>
    </IRS990ScheduleK>
    <IRS990ScheduleO documentId="00000006" softwareId="12000225">
      <GeneralExplanation>
        <Identifier>Pt VI, Line 11b</Identifier>
        <Explanation>A copy of the 990 is given to the Finance Comittee and the</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Board Members for review before a monthly meeting. The</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Board Members would discuss their concerns and then</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>approve the return.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI, Line 15b</Identifier>
        <Explanation>The Administrators salary is determined by the Board of</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Directors with written instructions to the Director of</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Finance with any changes. Top management increases are</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>given with consideration to the budget for the coming year.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI, Line 12c</Identifier>
        <Explanation>Board Members are routinely asked about compliance with</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>the organizations conflict of interest policy.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI, Line 19</Identifier>
        <Explanation>Any requests to view the 990 are refered to the Administrator</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>who would make the return available for inspection.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI, Line 15a</Identifier>
        <Explanation>Administrator compensation is determined based on a variety of</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>factors including review/approval by independent persons</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>and review of comparable data within the marketplace.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part IX, Line 24f</Identifier>
        <Explanation>FOOD 577055. 577055. 0. 0. LICENSES AND DUES 20354. 570. 19784. 0. SMALL EQUIPMENT AND REPAIRS 61419. 20618. 40801. 0. MISCELLANEOUS 84235. 57690. 26545. 0.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>