Lewis County, New York

NOTES TO FINANCIAL STATEMENTS - CONTD.
MAY 31, 2005

ACCOUNTANTS' OPINION ON SUPPLEMENTAL INFORMATION

Our audit was conducted for the purpose of forming an opinion on the basic financial statements taken as a whole.  The Schedules of Supplemental Bond Information are presented for purposes of additional analysis and are not a required part of the basic financial statements.  Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and, in our opinion, is fairly stated in all material respects in relation to the basic financial statements taken as a whole.


                                Sovie & Bowie C.P.A., P.C.

June 29, 2005

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