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      <ReconcilationRevenueExpenses>670967</ReconcilationRevenueExpenses>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>false</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
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      <FederalGrantAuditPerformed>true</FederalGrantAuditPerformed>
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      <MaintRacialCompositionRecords>true</MaintRacialCompositionRecords>
      <MaintScholarshipsRecords>true</MaintScholarshipsRecords>
      <MaintCopiesOfBrochuresEtc>true</MaintCopiesOfBrochuresEtc>
      <MaintCopiesOfAllSolicitations>true</MaintCopiesOfAllSolicitations>
      <DiscriminateRaceStudentsRights>false</DiscriminateRaceStudentsRights>
      <DiscriminateRaceAdmissPolicies>false</DiscriminateRaceAdmissPolicies>
      <DiscriminateRaceEmplmnFaculty>false</DiscriminateRaceEmplmnFaculty>
      <DiscriminateRaceScholarships>false</DiscriminateRaceScholarships>
      <DiscriminateRaceEducPolicies>false</DiscriminateRaceEducPolicies>
      <DiscriminateRaceUseOfFclts>false</DiscriminateRaceUseOfFclts>
      <DiscriminateRaceAthleticProg>false</DiscriminateRaceAthleticProg>
      <DiscriminateRaceOtherActy>false</DiscriminateRaceOtherActy>
      <GovernmentFinancialAidReceived>true</GovernmentFinancialAidReceived>
      <GovernmentFinancialAidRevoked>false</GovernmentFinancialAidRevoked>
      <ComplianceWithRevProc7550>true</ComplianceWithRevProc7550>
      <Form990ScheduleEPartII>
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        <Explanation>THE TEXAS EDUCATION AGENCY REQUIRES THAT, EACH SUMMER BEFORE SCHOOL STARTS, THE ORGANIZATION POST A STATEMENT VIA CAREER AND TECHNOLOGY EDUCATION OF NON DISCRIMINATION IN THE LOCAL NEWSPAPER.</Explanation>
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        <IssuerEIN>061802520</IssuerEIN>
        <CUSIPNumber>505237AH0</CUSIPNumber>
        <DateIssued>2006-11-01</DateIssued>
        <IssuePrice>4000000</IssuePrice>
        <DescriptionOfPurpose>TO ACQUIRE EDUCATIONAL FACILITIES AND PAY COSTS OF ISSUANCE</DescriptionOfPurpose>
        <Defeased>false</Defeased>
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        <IssuerEIN>061802520</IssuerEIN>
        <CUSIPNumber>505237AG2</CUSIPNumber>
        <DateIssued>2006-11-01</DateIssued>
        <IssuePrice>1310000</IssuePrice>
        <DescriptionOfPurpose>TO ACQUIRE EDUCATIONAL FACILITIES AND PAY COSTS OF ISSUANCE</DescriptionOfPurpose>
        <Defeased>false</Defeased>
      </Form990ScheduleKPartI>
      <Form990ScheduleKPartI>
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        </IssuerName>
        <IssuerEIN>061802520</IssuerEIN>
        <CUSIPNumber>505237AF4</CUSIPNumber>
        <DateIssued>2006-11-01</DateIssued>
        <IssuePrice>1130000</IssuePrice>
        <DescriptionOfPurpose>TO ACQUIRE EDUCATIONAL FACILITIES AND PAY COSTS OF ISSUANCE</DescriptionOfPurpose>
        <Defeased>false</Defeased>
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      <Form990ScheduleKPartI>
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        </IssuerName>
        <IssuerEIN>061802520</IssuerEIN>
        <CUSIPNumber>505237AD9</CUSIPNumber>
        <DateIssued>2006-11-01</DateIssued>
        <IssuePrice>945000</IssuePrice>
        <DescriptionOfPurpose>TO ACQUIRE EDUCATIONAL FACILITIES AND PAY COSTS OF ISSUANCE</DescriptionOfPurpose>
        <Defeased>false</Defeased>
      </Form990ScheduleKPartI>
      <Form990ScheduleKPartI>
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        </IssuerName>
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        <CUSIPNumber>505237AC1</CUSIPNumber>
        <DateIssued>2006-11-01</DateIssued>
        <IssuePrice>570000</IssuePrice>
        <DescriptionOfPurpose>TO ACQUIRE EDUCATIONAL FACILITIES AND PAY COSTS OF ISSUANCE</DescriptionOfPurpose>
        <Defeased>false</Defeased>
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      <Form990ScheduleKPartIV>
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      <Form990ScheduleKPartIV>
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        </IssuerName>
        <IssuerEIN>061802520</IssuerEIN>
        <CUSIPNumber>505237AE7</CUSIPNumber>
        <DateIssued>2006-11-01</DateIssued>
        <IssuePrice>340000</IssuePrice>
        <DescriptionOfPurpose>TO ACQUIRE EDUCATIONAL FACILITIES AND PAY COSTS OF ISSUANCE</DescriptionOfPurpose>
        <Defeased>false</Defeased>
      </Form990ScheduleKPartI>
      <Form990ScheduleKPartI>
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        </IssuerName>
        <IssuerEIN>061802520</IssuerEIN>
        <CUSIPNumber>505237AB3</CUSIPNumber>
        <DateIssued>2006-11-01</DateIssued>
        <IssuePrice>270000</IssuePrice>
        <DescriptionOfPurpose>TO ACQUIRE EDUCATIONAL FACILITIES AND PAY COSTS OF ISSUANCE</DescriptionOfPurpose>
        <Defeased>false</Defeased>
      </Form990ScheduleKPartI>
      <Form990ScheduleKPartI>
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        </IssuerName>
        <IssuerEIN>061802520</IssuerEIN>
        <CUSIPNumber>505237AA5</CUSIPNumber>
        <DateIssued>2006-11-01</DateIssued>
        <IssuePrice>185000</IssuePrice>
        <DescriptionOfPurpose>TO ACQUIRE EDUCATIONAL FACILITIES AND PAY COSTS OF ISSUANCE</DescriptionOfPurpose>
        <Defeased>false</Defeased>
      </Form990ScheduleKPartI>
      <Form990ScheduleKPartI>
        <IssuerName>
          <BusinessNameLine1>DANBURY HIGHER EDUCATION AUTHORITY INC</BusinessNameLine1>
        </IssuerName>
        <IssuerEIN>760663443</IssuerEIN>
        <DateIssued>2003-06-01</DateIssued>
        <IssuePrice>1455000</IssuePrice>
        <DescriptionOfPurpose>TO ACQUIRE EDUCATIONAL FACILITIES AND PAY COSTS OF ISSUANCE</DescriptionOfPurpose>
        <Defeased>true</Defeased>
      </Form990ScheduleKPartI>
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      <Form990ScheduleKPartIV>
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      <Form990ScheduleKPartIV>
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    <IRS990ScheduleO documentId="IRS990ScheduleO" softwareId="10000105" softwareVersion="2010v3.2">
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 19</Identifier>
        <ReturnReference>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</ReturnReference>
        <Explanation>DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST AT THE ADDRESS INDICATED ON PAGE 1 OF FORM 990.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 15b</Identifier>
        <ReturnReference>Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees</ReturnReference>
        <Explanation>TOP MANAGERS ARE EVALUATED ANNUALLY BY THE USE OF THE SCHOOL EVALUATION PROCESS. ORIGINAL COMPENSATION OF KEY EMPLOYEES AND OFFICERS WAS SET BY THE BOARD OF DIRECTORS AND PAY INCREASES ARE APPROVED BY THE BOARD OF DIRECTORS BASED ON OVERALL PERFORMANCE OF THE SCHOOL AND SUBJECT TO AVAILABILITY OF FUNDS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 12c</Identifier>
        <ReturnReference>Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts</ReturnReference>
        <Explanation>EMPLOYEES AND OTHER MEMBERS OF THE ORGANIZATION ARE ASKED TO VOLUNTARILY DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST AS SOON AS SUCH CONFLICTS ARISE. THE ORGANIZATION USES DISCRETION IN CONTRACTING THIRD PARTIES AND DOES NOT CONTRACT PARTIES RELATED TO MEMBERS OF THE ORGANIZATION. VIOLATIONS OF THE CONFLICT OF INTEREST POLICY ARE SUBJECT TO DISCIPLINARY ACTION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 11</Identifier>
        <ReturnReference>Form 990, Part VI, Line 11: Form 990 Review Process</ReturnReference>
        <Explanation>FORM 990 IS REVIEWED BY MANAGEMENT AND APPROVED BEFORE IT IS FILED.</Explanation>
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</Return>