National Underground Railroad Freedom Center Source & Use Statement

Funding Sources and Uses

Total Project Plan-Full Funding 02/24/07
12/31/04 State Presentation Updated to 12/31/06

The Total Project Ended December 31, 2004--This Schedule Reflects

(A). Capital Campaign Contribution Post 2004---State of Ohio $2 million appropriation, and
(B). Late 2004 and 2005 operating deficit partially offset by 2006 surplus

As of Change As of Full Funding

12/31/2004 05 and 06 12/31/2006 To Go
Funding Sources Amount Amount Amount Amount
Other State Funding (Development, Tourism, Historical) 244,000 0 244,000 0
Am. Sub. H.B. 748, CAP-030 (State GRF) 166,668 0 166,668 0
Am. Sub. H.B. 748, CAP-029 (State Bonds) 333,332 0 333,332 0
Am. Sub. H.B. 850, CAP-044 (State Bonds) 500,000 0 500,000 0
Am. Sub. H.B. 640, CAP-044 (State Bonds) 3,500,000 0 3,500,000 0
Am. Sub. H.B. 675, CAP-030 (State Bonds) 4,000,000 0 4,000,000 0
Am. Sub. H.B. XXX, CAP-XXX (State Bonds) 4,150,000 0 4,150,000 0
Am. Sub. H.B. XXX, CAP-XXX (State Bonds) 0 2,000,000 2,000,000 0
Future State Funding to be requested (not confirmed) 2,850,000 (2,000,000) 850,000 850,000
Private Contributions ($63 million confirmed) 63,000,000 0 63,000,000 0
Federal Government ($22.2 million confirmed) 22,200,000 0 22,200,000 0
Federal or Other (not confirmed)-future surpluses 3,800,000 0 3,800,000 3,800,000
City of Cincinnati-(confirmed) 6,000,000 0 6,000,000 0
Gala events, programs, interest etc.-($3.9 million confirmed) 5,100,000 0 5,100,000 1,200,000
Projected surplus 07 ($1.1 million) and 08 ($800,000)- 3 yr. plan 0 1,900,000 1,900,000 1,900,000
Total Funding Sources 115,844,000 1,900,000 117,744,000 7,750,000
Note 1

As of Change As of
12/31/2004 05 and 06 12/31/2006
Funding Uses Amount Amount Amount
Museum Facility 62,633,000 0 62,633,000
Exhibits 17,660,000 0 17,660,000
Furniture & Equipment (Includes $490,000 public art) 2,790,000 0 2,790,000
Total Capitalized Assets 83,083,000 0 83,083,000
Other (operations since 1995 thru 12/31/04) 32,761,000 0 32,761,000
Operations deficit late 2004, deficit 2005 and surplus 2006 0 1,900,000 1,900,000
Total Funding Uses 115,844,000 1,900,000 117,744,000

Note 1--See "Full Funding Analysis" Schedule 1 attached for analysis of calculation supporting achievement
of full funding and proof of $7,750,000 full funding "to go".

OCFC Source and Use-April 2005-update to Dec 06.xls

OCFC Source and Use-April 2005-update to Dec 06.xls