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    <IRS990ScheduleD documentId="00000003" softwareId="12000225">
      <Land>
        <OtherCostOrOtherBasis>671370</OtherCostOrOtherBasis>
        <BookValue>671370</BookValue>
      </Land>
      <Buildings>
        <OtherCostOrOtherBasis>4042120</OtherCostOrOtherBasis>
        <Depreciation>441703</Depreciation>
        <BookValue>3600417</BookValue>
      </Buildings>
      <Equipment>
        <OtherCostOrOtherBasis>452514</OtherCostOrOtherBasis>
        <Depreciation>272015</Depreciation>
        <BookValue>180499</BookValue>
      </Equipment>
      <OtherLandBuildings>
        <OtherCostOrOtherBasis>1205754</OtherCostOrOtherBasis>
        <Depreciation>131758</Depreciation>
        <BookValue>1073996</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>5526282</TotalOfBookValueLandBuildings>
      <OtherAssets>
        <Description>LOAN ISSUANCE COSTS</Description>
        <BookValue>322499</BookValue>
      </OtherAssets>
      <TotalBookValueOtherAssets>322499</TotalBookValueOtherAssets>
      <OtherLiabilities>
        <Description>DUE TO ARIZONA DEPT OF ED</Description>
        <Amount>35470</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>CAPITAL LEASE</Description>
        <Amount>6464</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>41934</TotalOfAmounts>
      <TotRevenueEtcAuditedFinclStmt>3176767</TotRevenueEtcAuditedFinclStmt>
      <RevenueSubtotal>3176767</RevenueSubtotal>
      <TotalRevenuePerForm990>3176767</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>3447783</TotExpensesEtcAuditedFinclStmt>
      <ExpensesSubtotal>3447783</ExpensesSubtotal>
      <TotalExpensesPerForm990>3447783</TotalExpensesPerForm990>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="00000004" softwareId="12000225">
      <NondiscriminatoryPolicyStmt>true</NondiscriminatoryPolicyStmt>
      <PolicyStatementInBrochuresEtc>true</PolicyStatementInBrochuresEtc>
      <PolicyPublViaBroadcastMedia>false</PolicyPublViaBroadcastMedia>
      <MaintRacialCompositionRecords>true</MaintRacialCompositionRecords>
      <MaintScholarshipsRecords>false</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>
        <Identifier>Line 3</Identifier>
        <Explanation>THE SCHOOL IS DEFINED BY ARIZONA REVISED STATUTES AS A PUBLIC CHARTER SCHOOL. AS SUCH, DISCRIMINATION IS PROHIBITED, RESIDENTS ARE TYPICALLY AWARE THAT THEY HAVE THE SAME RIGHTS AS IF THEY ATTENDED A TRADITIONAL PUBLIC SCHOOL</Explanation>
      </Form990ScheduleEPartII>
      <Form990ScheduleEPartII>
        <Identifier>Line 4d</Identifier>
        <Explanation>AS THE SCHOOL IS A PUBLIC CHARTER SCHOOL STUDENTS ARE PROVIDED WITH A FREE PUBLIC EDUCATION, THEREFORE, SCHOLARSHIPS AND OTHER FINANCIAL ASSITANCE IS NOT PROVIDED</Explanation>
      </Form990ScheduleEPartII>
      <Form990ScheduleEPartII>
        <Identifier>Line 6b</Identifier>
        <Explanation>THE SCHOOL RECIEVES EDUCATION FUNDING FROM THE STATE</Explanation>
      </Form990ScheduleEPartII>
    </IRS990ScheduleE>
    <IRS990ScheduleK documentId="00000005" softwareId="12000225">
      <Form990ScheduleKPartI>
        <BondReferenceCd>A</BondReferenceCd>
        <IssuerName>
          <BusinessNameLine1>IDA OF THE COUNTY OF PIMA</BusinessNameLine1>
        </IssuerName>
        <IssuerEIN>860445981</IssuerEIN>
        <CUSIPNumber>72177MKH9</CUSIPNumber>
        <DateIssued>2009-08-10</DateIssued>
        <IssuePrice>7630000</IssuePrice>
        <DescriptionOfPurpose>SCHOOL FACILITIES</DescriptionOfPurpose>
        <Defeased>false</Defeased>
        <OnBehalfOfIssuer>false</OnBehalfOfIssuer>
        <PoolFinancing>false</PoolFinancing>
      </Form990ScheduleKPartI>
      <Form990ScheduleKPartII>
        <BondReferenceCd>A</BondReferenceCd>
        <TotalProceeds>7630000</TotalProceeds>
        <AmountInReserveFund>817710</AmountInReserveFund>
        <IssuanceCostsFromProceeds>372114</IssuanceCostsFromProceeds>
        <CapitalExpenditures>6440176</CapitalExpenditures>
        <YearOfSubstCompletion>2010</YearOfSubstCompletion>
        <CurrentRefunding>false</CurrentRefunding>
        <AdvanceRefunding>false</AdvanceRefunding>
        <FinalAllocationMade>true</FinalAllocationMade>
        <AdequateBooksAndRecdsMaintaind>true</AdequateBooksAndRecdsMaintaind>
      </Form990ScheduleKPartII>
      <Form990ScheduleKPartIII>
        <BondReferenceCd>A</BondReferenceCd>
        <OwningBondFinancedProperty>false</OwningBondFinancedProperty>
        <AnyLeaseArrangements>false</AnyLeaseArrangements>
        <MngmentCntrctBondFinancdPrprty>false</MngmentCntrctBondFinancdPrprty>
        <EngageBondCounselContracts>false</EngageBondCounselContracts>
        <AnyResearchAgreements>false</AnyResearchAgreements>
        <EngageBondCounselResearch>false</EngageBondCounselResearch>
        <BondIssMeetPrvtSecurityPayTest>false</BondIssMeetPrvtSecurityPayTest>
        <ChangeInUseBondFinancedProp>false</ChangeInUseBondFinancedProp>
        <NonQualifiedBondRemedProcdrs>false</NonQualifiedBondRemedProcdrs>
      </Form990ScheduleKPartIII>
      <Form990ScheduleKPartIV>
        <BondReferenceCd>A</BondReferenceCd>
        <Form8038TFiled>false</Form8038TFiled>
        <RebateNotDueYet>true</RebateNotDueYet>
        <ExceptionToRebate>false</ExceptionToRebate>
        <VariableRateIssue>false</VariableRateIssue>
        <HedgeIdentifiedInBooksAndRecds>false</HedgeIdentifiedInBooksAndRecds>
        <SuperintegratedHedge>false</SuperintegratedHedge>
        <HedgeTerminated>false</HedgeTerminated>
        <GrossProceedsInvestedInGIC>false</GrossProceedsInvestedInGIC>
        <RegulatorySafeHarborSatisfied>false</RegulatorySafeHarborSatisfied>
        <GrossProceedsInvested>false</GrossProceedsInvested>
      </Form990ScheduleKPartIV>
      <Form990ScheduleKPartV>
        <BondReferenceCd>A</BondReferenceCd>
        <ProcToUndertkCorrectiveAction>false</ProcToUndertkCorrectiveAction>
      </Form990ScheduleKPartV>
    </IRS990ScheduleK>
    <IRS990ScheduleL documentId="00000006" softwareId="12000225">
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NameBusiness>
            <BusinessNameLine1>FMY CONSULTING</BusinessNameLine1>
          </NameBusiness>
        </NameOfInterestedPerson>
        <Relationship>BOARD MEMBER</Relationship>
        <AmountOfTransaction>24000</AmountOfTransaction>
        <DescriptionOfTransaction>EDUCATIONAL CONSULTING SERVICES</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartV>
        <Identifier>PART IV, LINE 1</Identifier>
        <Explanation>FRANK YANEZ, A BOARD MEMBER, IS THE OWNER OF</Explanation>
      </Form990ScheduleLPartV>
      <Form990ScheduleLPartV>
        <Explanation>FNY CONSULTING</Explanation>
      </Form990ScheduleLPartV>
    </IRS990ScheduleL>
    <IRS990ScheduleO documentId="00000007" softwareId="12000225">
      <GeneralExplanation>
        <Identifier>Pt VI, Line 2</Identifier>
        <Explanation>JAMES FOGARTY, A BOARD MEMBER HAS A FAMILTY RELATIONSHIP WITH</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>ELIZABETH FOGARTY, A BOARD MEMBER.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI, Line 11b</Identifier>
        <Explanation>FORM 990 IS PREPARED BY AN INDEPENDENT CPA, AFTER</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>COMPLETION OF THE FORM 990, THE CPA PROVIDES THE DRAFT</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>TO THE EXECUTIVE DIRECTOR FOR REVIEW. THE EXECUTIVE</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>DIRECTOR ASKS QUESTIONS AS NECESSARY THEN PROVIDES</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>APPROVAL OF THE FORM. THE REVIEWED 990 IS PROVIDED TO THE</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>BOARD OF DIRECTORS FOR FINAL REVIEW. ANY CHANGES ARE</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>MADE TO THE FORM PRIOR TO SUBMISSION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI, Line 12c</Identifier>
        <Explanation>ON AN ANNUAL BASIS, THE MEMBERS OF THE GOVERNING BOARD</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>SIGN A DISCLOSURE STATEMENT IDENTIFYING ANY RELATIONSHIPS</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>POSITIONS, OR CIRCUMSTANCES IN WHICH COULD RESULT IN</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>A CONFLICT OF INTEREST. THE BOARD REVIEWS THROUGOUT THE YEAR.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI, Line 19</Identifier>
        <Explanation>GOVERNING DOCUMENTS AND POLICES ARE AVAILABLE UPON</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>REQUEST, AND AVAILABLE AT THE SCHOOL'S OFFICE DURING</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>NORMAL BUSINESS HOURS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part IX, Line 24f</Identifier>
        <Explanation>BOND RELATED FEES 18410. 18410. 0. 0. STUDENT ACTIVITIES 4223. 1056. 0. 3167.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>