ll ll I Ill I ll I ll Item Number: I

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1 Control Number: ll ll I Ill I ll I ll Item Number: I Addendum StartPage: 0

2 ANNUAL TRUE-UP COMPLIANCE FILING OF TXU ELECTRIC DELIVERY COMPANY CONCERNING RIDER TC1 CHARGES COMPLIANCE TARIFF FILING NO. 3) 4 q3 BEFORE THE PUBLIC UTILITY COMMISSION OF TEXAS ANNUAL TRUE-UP COMPLIANCE FILING OF TXU ELECTRIC DELIVERY COMPANY CONCERNING RIDER TC1 CHARGES TO THE HONORABLE PUBLIC UTILITY COMMISSION OF TEXAS: --. c COMES NOW TXU Electric Delivery Company ( Electric Delivery or files this,$ Annual True-Up Compliance Filing ( Annual True-Up ), and would re the following: I. Background In accordance with the Financing Order adopted on August 5, 2002, in Join cation for Approval of Stipulation regarding TlxU Electric Company Transition to Competition Issues, Docket No ( Financing Order ), TXU Electric Delivery Transition Bond Company LLC securitized certain regulatory assets and other qualified oosts on August 21, 2003, by issuing transition bonds. Electric Delivery is the servicer for TXU Electric Delivery Transition Bond Company LLC and in that role it bills, collects, receives and adjusts the transition charges imposed pursuant to Electric Delivery Tariff Section Rider TC1 - Transition Charge, and remits the amounts received to the trustee to repay the transition bonds issued in August The Financing Order and Rider TC1 set out the rates and terms and conditions under which transition charges will be billed and collected. 11. Authorized ReDresentatives Electric Delivery s authorized representatives for this filing are: Mike Sherburne Electric Rates Manager TXU Electric Delivery Company 500 N. Akard Street, Suite Dallas, Texas Phone: (214) Facsimile: (214) mike.sherbune@ txued.com and 1

3 Howard V. Fisher Senior Counsel TXU Electric Delivery Company 500 N. Akard Street, Suite Dallas, Texas Phone: (214) Facsimile: (21 4) howard.fisher0 txu.com 111. Purpose of Filing and Jurisdiction The Company is filing for an Annual True-Up of Rider TC1 transition charges in accordance with the Financing Order. The Commission has jurisdiction over this Annual True-Up filing pursuant to PURA $ and IV. Timinp of Annual True-Up Ordering Paragraph No. 11 of the Financing Order provides that True-ups of the transition charges shall be undertaken and conducted as described in Findings of Fact Nos. 91 through 101 of this Financing Order. Finding of Fact No. 91 requires the servicer of the transition bonds to make an annual true-up adjustment filing within 45 days of the annivecsary of the date of the original issuance of the transition bonds of that series. The original issuance of the transition bonds for the first series was August 21,2003, and thus annual true-up filings are required each year within the 90 day window starting 45 days before August 21 and ending 45 days after August 2lSt (July 7 h to October 5th). V. Description of Annual True-Up Ad-iustment to Rider TC1 Findings of Fact Nos of the Financing Order set out the manner in which the annual true-up procedure adjustments are to be made. adjustments consistent with that procedure. Attachments hereto, and are explained below. Attachment 1 Electric Delivery has made the Rider TCl Details of the adjustments are found on the This attachment is a summary of the Rider TC1 adjustment calculation. An explanation of each column on Attachment 1 is set out below. Column 1 sets out the total payment required for 2006, utilizing the February 15 and August 15, 2006 payment amounts set out on the second revised Attachment 3, p. 1, column titled Revenues of the Issuance Advice Letter filed on August 19, 2003, in Docket No The total 7. 2

4 payment of $57,282,915 has been allocated to the classes using the RAAF s contained in the Financing Order. Column 2 sets out the under- and over-collections by class that existed as of July 31, The amounts found in Column 2 equals the amounts of actual Rider TC1 collections by class from August 1, 2004 through July 31, 2005, plus investment earnings on the general and capital subaccounts, minus the undercollection that existed as of August 1, 2004, minus the February 2005 payment of $31,390, and the $25,869, payment due on August 15, 2005 (allocated to each class), minus all other amounts due in connection with the transition bonds (including ongoing fees and expenses and amounts required to be deposited in or allocated to any collection account or subaccount) during the period for which such adjusted transition charges are to be in effect. See Financing Order, Finding of Fact No. 91. Some classes show over-collections, while some classes show under-collections, with the total being an overcollection of $310, In essence, as a result of the Interim True-Up Filing made in November 15, 2004 (Project No ), which increased the Rider TC1 charges, the Capital Subaccount is now fully funded, the Overcollateralization Subaccount is also funded to the appropriate level at this time, md the Reserve Subaccount has a balance of $310, Column 3 equals the Rider TC1 amounts billed under the current Rider TC1 rates that will be collected after July 31, The collection amounts are based upon actual billings for the last three billing days of June and for the full July billing month, while the collection amount for the August billing month is estimated. The estimated collections are net of the allowance for chargeoffs that REPs are allowed to hold back from their payments to Electric Delivery. Column 4 equals the sum of Columns 1 and 2, minus Column 3, and represents the Periodic Payment Requirement that must be collected by July 31, This represents the amount that is needed to make principal and interest payments and also meet all other fees and expenses, including the funding of required accounts. Column 5 constitutes the Periodic Billing Requirement, and is the total amount of billings that, after the charge-off factor, produces the needed Periodic Payment Requirement. The Periodic Payment Requirement must be grossed up to reflect the allowance for charge-offs that REPs are allowed to hold back from their Rider TC1 payments. The percent hold back included 1 These payment amounts are slightly less than the amounts found in the Issuance Advice Letter, Attachment 3, p. 1, as the actual amount of fees and other expenses is slightly less than the amount listed in the Issuance 2 3

5 in the calculation of the Periodic Billing Requirement on Attachment 1 was calculated based upon information provided by REPs as to their actual charge-off experience. For REPs that did not provide their actual charge-off experience, Electric Delivery has used a charge-off factor of 0.0 percent. Because the charge-off rate is also applied to the hold-back amount itself, the Periodic Payment Requirement must be increased by percent to produce the Periodic Billing Requirement.* Column 6 contains the forecasted billing units, by class, for the September 2005 monthly billing cycle (which will be the first month that will reflect the adjusted Rider TCl rates implemented in this filing) through the first 18 billing cycle days for June The reason why this column does not contain kwh for the last 3 billing days in June is because the Rider TC1 revenues for that consumption will not be collected by July 3 1,2006. Column 7 sets out the Rider TC1 rates by class, and is calculated by dividing the Periodic Billing Requirement in Column 5 for each class by that class forecasted billing units in Column 6. Attachment 2 Page 1 of Attachment 2 provides additional detail for the figures found in Attachment 1, columns 14. The top part of Attachment 2 details the amounts of the scheduled transition bond payments (including principal, interest, fees, and Overcollateralization Subaccount deposit) for February 2006 and August 2006, minus the current overcollection amount. The bottom part of Attachment 2 details the outstanding collections anticipated (Attachment 1, column 3) by month. Page 2 of Attachment 2 provides further detail for the estimated collections for the August 2005 billing units. The estimated billing units are multiplied by the current Rider TCl rates to show the projected transition charge billings, and the projected collections after the REP S current percent holdback, by class and in total. The third page of Attachment 2 provides the forecasted billing determinants by class for the billing months of August 2005 through cycle 18 of June Attachment 3 This Attachment provides additional detail supporting the overcollection amount of $310, found on Attachment 1, column 2. Page 1 of Attachment 3 details the collections and interest earned from August 1, 2004 through January 31, 2005, that were available to make the Advice Letter. 2 The calculation is: 1/( ). The result is U , or On Attachment 1, column 5, A 4

6 February 2005 payment. It then details the amount of the February 2005 Scheduled Periodic Payment and adds to it the shortfall as of July 31,2004, showing that a shortfall of $1,772, existed as of that payment date. Page 2 of Attachment 3 then provides similar detail with respect to the collections, interest earned, and August 2005 payment, producing the overcollection amount found on Attachment 1, column 2. Attachment 4 This attachment contains the three Semi-Annual Servicer s Certificates (revised August 2004, revised February 2005, and revised August 2005), which show, in part, the overcollectiodundercollection balances and interest earnings amounts found in Attachment 3. Attachment 5 This attachment shows the Rider TC1 billings and collections from August 1, 2004 through July 3 1, 2005, and presents them on a total and per class basis. The Payment Requirement figure of $58,651, on page 1 equals the sum of (1) the shortfall that existed as of August 1, 2004 ($1,378, see Attachment 3, p. 1); (2) the February 2005 Scheduled Periodic Payment ($31,390, see Attachment 3, p. 1); (3) the August 2005 Scheduled Periodic Payment ($25,869, see Attachment 3, p. 2); and (4) the Capital Subaccount Earnings Released to Issuer ($13, see Attachment 3, p. 2). As with Attachment 3, the information on this attachment supports the calculation of the under- and over-collection amounts by class found on Attachment 1, column 2. Attachment 6 Attachment 6 contains the Monthly Servicer s Certificates issued by Electric Delivery for the months of August 2004 through July These certificates provide, by class, the monthly Rider TC1 rates in effect, the amount of transition charges billed, the actual payments received, and the remittance made to the trustee. This information supports the figures found in Attachment 5. Attachment 7 This attachment contains the new Rider TC1 tariff schedule that, pursuant to Finding of Fact No. 100 of the Financing Order, goes into effect immediately upon filing. The actual change in the rates found in Rider TC1 will be effective August 30, 2005, the first billing cycle day for the September 2005 billing month. Both a clean version and a notated version of the revised tariff are the Periodic Billing Requirement has been calculated by dividing the Periodic Revenue Requirement by

7 included. Attachment 8 This attachment is an affidavit by Mr. Sherburne supporting this filing. Respectfully submitted, TXU Electric Delivery Company Howard V. Fisher Senior Counsel State Bar No N. Akard Street, Suite Dallas, Texas (214) (214) (Facsimile) CERTIFICATE OF SERVICE I hereby certify that a true and correct copy of the foregoing, with all attachments, was hand delivered, electronically mailed, or sent by overnight delivery or United States first class mail to all parties to Docket No , Application of TXU Electric Company for Financing Order to Securitize Regulatory Assets and Other Qualified Cost, this 15'h day of August

8 Attachment 1 Page 1 of 1 L F 7

9 Attachment 2 Page 1 of 3 TXU ELECTRIC DELIVERY COMPANY TRANSITION CHARGE SUMMARY Scheduled Periodic Payment Requirement (Attachment 1 Column 1) Februarv 2006 Pavment Fees and Expenses Interest Principal Overcollateralization Subaccount Deposit February 2006 Payment Auqust 2006 Pavment Fees and Expenses Interest Principal Overcollateralization Subaccount Deposit August 2006 Payment Scheduled Periodic Payment Requirement Existing Under/(Over)-collection Amount (as of July ) (Attachment 1, Column 2) Requirement $256, $1 0,110, $20,936, $1 04, $31,408, $256, $9,873, $15,639, $104, $25,874, $57,282, ($31 0, ) $56,972, Less Outstanding Collections Under Existing Transition Charges (Attachment 1 Column 3): June 2005 Billings (partially collected in August) July 2005 Billings August 2005 Billings Existing Collections Amount of Scheduled Periodic Payment Requirement to be Collected Under Adjusted Transition Charges (Attachment 1, Column 4) $754, $5,942, $6,044, $12,741, $44,230,

10 Attachment 2 Page 2 of 3 TXU ELECTRIC DELIVERY COMPANY 6.1.I.7 Rider TCI - Transition Charge Estimated August 2005 Billing and Collection Class August 2005 Billing Units* Charge Billed $/kw or $/kw h $ Collected'* $ Residential 4,373,173, $3,021,863 $2,971, General Service Secondary Rate GSS 112,244,505 Rate GSL 12,216, ,330,985 70,939 2,260,046 $2,291, $69, $2,222, General Service Primary Rate GPS 2,783,945 Rate GPL 1,570, ,149 1, ,882 $339, $1, $338, Lighting Service 39,770,244 High Voltage 1,504,467 Instantaneous Interruptible 937,768 Noticed Interruptible 1,137, , ,411 81, ,870 $31, $1 36, $80, $1 94, TOTAL $6,147,440 $6,044, *Collected in September and October 2005 **Billed amount minus 1.674% Charge Off 9

11 Attachment 2 Page 3 of 3 10

12 Attachment 3 Page 1 of 2 TXU ELECTRIC DELIVERY COMPANY TCl PRIOR PERIOD COLLECTIONS/PAYMENTS August 2005 Februarv 2005 Scheduled Pavment: August 2004 Collections September 2004 Collections October 2004 Collections November 2004 Collections December 2004 Collections January 2005 Collections Collections Interest Earnings on Capital Subaccount Interest Earnings on Overcollateralization Subaccount Interest Earnings on Reserve Subaccount Interest Earnings on General Subaccount Interest Earnings Available for Payment $5,352, ,286, ,073, ,451, ,340, ,360, $30,865, $8, , $1 31, $30,996, General Fees/Expenses Incurred Scheduled Interest Scheduled Principal Overcollateralization Subaccount Required Deposit Scheduled Periodic Payment Shortfall From Previous Payment Dates Payment Required $256, ,514, ,514, , $31,390, ,378, (a) $32,769, Surplus/(Shortfall) as of February 2005 Payment Date ($1,772,232.63) (b) (a) Agrees to amounts found on page 5 of the Revised August 2004 Semi-Annual Servicer's Certificate - See Attachment 4, Page 5 - Capital Subaccount is $1,170, short of the required $2,500, Overcollateralization Subaccount is $208, short of the required $208, (b) Agrees to amounts found on page 5 of the Revised February 2005 Semi-Annual Servicer's Certificate - See Attachment 4, Page 10 - Capital Subaccount is $1,459, short of the required $2,500, Overcollateralization Subaccount is $312, short of the required $312,

13 Attachment 3 Page 2 of 2 TXU ELECTRIC DELIVERY COMPANY TC1 PRIOR PERIOD COLLECTIONSPAYMENTS August 2005 Auaust 2005 Scheduled Pavment: February 2005 Collections March 2005 Collections April 2005 Collections May 2005 Collections June 2005 Collections July 2005 Collections Collections Interest Earnings on Capital Subaccount Interest Earnings on Overcollateralization Subaccount Interest Earnings on Reserve Subaccount Interest Earnings on General Subaccount Interest Earnings Available for Payment $4,343, ,622, ,151, ,356, ,127, ,161, $27,763, $1 3, , $202, $27,9%, General Fees/Expenses Incurred Scheduled Interest Scheduled Principal Overcollateralization Subaccount Required Deposit Scheduled Periodic Payment Shortfall From Previous Payment Dates Payment Required Capital Subaccount Earnings Released to Issuer $237, (c) 10,282, ,245, , $25,869, ,772, (d) $27,641, $1 3, (e) Surplus/(Shortfall) as of August 2005 Payment Date $31 0, (f) (c) Actual expenses were less than estimated expenses in Issuance Advise Letter (d) See previous page (e) Interest earnings returned to the issuer of the debt pursuant to terms of the indenture (f) Agrees to amounts found on page 4 of the Revised August 2005 Semi-Annual Servicer's Certificate - See Attachment 4, Page 14 - Capital Subaccount balance is $2,500, the required level - Overcollateralization Subaccount balance is $416, the required level - Remaining $31 0, deposited into Reserve Subaccount to be used on subsequent payment dates 12

14 SEMI-ANNUAL SERVICER S CERTIFICATE I REVISED 8/10/05 I Attachment 4 Page 1 of 15 TXU ELECTRIC DELIVERY TRANSITION BOND COMPANY LLC, $500,000,000 Transition Bonds, Series TXU Electric Delivery Company, as Servicer Pursuant to Section 4.Ol(c)(ii) of the Series Transition Property Servicing Agreement dated as of August 21, 2003 (the Agreement ) between TXU Electric Delivery Company, as Servicer and TXU Electric Delivery Transition Bond Company LLC, as Issuer, the Servicer does hereby certify as follows: Capitalized terms used herein have the respective meanings as set forth in the Agreement. References herein to certain sections and subsections are references to the respective sections of the Agreement. Collection Periods: February 2004 to Julv 2004 Payment Date: August Today s Date: August 9, COLLECTIONS ALLOCABLE AND AGGREGATE AMOUNTS AVAILABLE FOR THE CURRENT PAYMENT DATE: i iv. V. vi. vii. v111. ix. X. xi. xii. x111. xiv. xv. xvi. xvii. Remittances for the Februarv 2004 Series Collection Period (**): Remittances for the March 2004 Series Collection Period: Remittances for the April 2004 Series Collection Period: Remittances for the Mav 2004 Series Collection Period: Remittances for the June 2004 Series Collection Period: Remittances for the Julv 2004 Series Collection Period: Remittances for the - Series Collection Period (after, use 6 prior periods only) Remittances for the - Series Collection Period (after, use 6 prior periods only) Remittances for the - Series Collection Period (after, use 6 prior periods only) Remittances for the - Series Collection Period (after, use 6 prior periods only) Remittances for the - Series Collection Period (after, use 6 prior periods only) Investment Earnings on Series Collection Account: Investment Earnings on Series Capital Subaccount: Investment Earnings on Series Overcollateralization Subaccount: Investment Earnings on Series Reserve Subaccount: Investment Earnings on Series General Subaccount: Series General Subaccount Balance (sum of i through xvi above): $ 3,908, $ 4,842, $ 4,771, $ 3,986, $ 4,5 18, $ 5,039, $ $ $27,109, ** reduced by $238, which was collected on January 30h, but was not recognized by the CIS system until Monday, February 2 d, and was reported previously as January collections. 13

15 xviii. xix. xx. xxi. Attachment 4 Page 2 of 15 Series Reserve Subaccount Balance as of Prior Series Payment Date:.00 Series Overcollateralization Subaccount Balance as of Prior Series Payment Date:.00 Series Capital Subaccount Balance as of Prior Series Payment Date:!j Series Collection Account Balance (sum of xvii through xx above) iv. V. OUTSTANDING AMOUNTS AS OF PRIOR SERIES PAYMENT DATE: Class A-1 Outstanding Amount $ 95,306, Class A-2 Outstanding Amount $122,000, Class A-3 Outstanding Amount $130,000, Class A-4 Outstanding Amount $ Aggregate Outstanding Amount of All Series Bonds $ REQUIRED FUNDINGPAYMENTS AS OF CURRENT PAYMENT DATE: PRINCIPAL SERIES PRINCIPAL - DUE iv. V. Class A-1 Class A-2 Class A-3 Class A 4 For All Series Bonds $14,849, $ vi. vii. Vlll. ix. X. SERIES BOND INTEREST RATE Class A % Class A % Class A % Class A % For All Series Bonds DAYS IN INTEREST PERIOD (1) PRINCIPAL BALANCE 180/360 $ 95,306, $122,000, $130,000,OOO 180/360 $145.O00,000 $ INTEREST - DUE $ 1,076, $ 2,458, $ 3,217, $ x111. xiv. REOUIRED LEVEL FUNDING REWIRED Series Overcollateralization Subaccount $208,333 $208,333 Series Capital Subaccount $2,500,000 $2,470, (1) On 30/360-day basis for initial payment date; otherwise use one-half of annual rate. 2 14

16 4. Attachment 4 Page 3 of 15 ALLOCATION OF REMITTANCES AS OF CURRENT PAYMENT DATE PURSUANT TO 8.02(d) OF INDENTURE: iii. Trustee Fees and Expenses (subject to cap - see 8.02(e)(i) of the Indenture): Independent Manager Fees (subject to cap - see 8.02(e)(i) of the Indenture): Series Servicing Fee: Operating Expenses (subject to cap - see 8.02(e)(iii) of the Indenture): Trust Operating Expense: Trust Accounting Expense: Rating Agency Fees: Administration Fee: Audit Fees (reimburse Administrator - Sec 3 of Agrmt): Fees and Expenses (i through iii): $ 2, $200, $ 10, $ 25, $ 41, $278, iv. Semi-Annual Interest (including any past-due for prior period(s) PER $1000 OF ORIGINAL SERIES AGGREGATE PRINCIPAL AMOUNT 1. Class A-1 Interest Payment 2. Class A-2 Interest Peyment 3. Class A-3 Interest Payment 4. Class A-4 Interest Payment $1,076, $2,458, $3,2 17, $3,929, v. Principal Due and Payable as a Result of Event of Default or on Final Maturity Date SERES Class A-1 Principal Payment 2. Class A-2 Principal Payment 3. Class A-3 Principal Payment 4. Class A-4 Principal Payment PER $1000 OF ORIGINAL AGGREGATE PRINCIPAL AMOUNT vi. Semi-Annual Principal SERIES Class A-1 Principal Payment 2. Class A-2 Principal Payment 3. Class A-3 Principal Payment 4. Class A-4 Principal Payment PER $1000 OF ORIGINAL AGGREGATE PRINCIPAL AMOUNT $14,849,

17 Attachment 4 Page 4 of ALLOCATION OF REMITTANCES AS OF CURRENT PAYMENT DATE PURSUANT TO 8.02(d) OF INDENTURE (CONTINUED): vii. Funding of Series Capital Subaccount (to required level) $ 1,299, viii. Funding of Series Overcollateralization Subaccount ix. (to required level) Investment Earnings on Series Capital Subaccount Released to Issuer x. Deposit to Series Reserve Subaccount xi. Released to Issuer upon Retirement of all Bonds xii. AGGREGATE REMITTANCES AS OF CURRENT PAYMENT DATE $ OUTSTANDING AMOUNT AND SERIES COLLECTION ACCOUNT BALANCE AS OF CURRENT PAYMENT DATE (AFTER GIVING EFFECT TO PAYMENTS TO BE MADE ON SUCH PAYMENT DATE): SERIES i iv. vi. vii. v111. ix. X. Class A-1 Outstanding Amount $ 80,456, Class A-2 Outstanding Amount $122,000, Class A-3 Outstanding Amount $130,0~,OOO.OO Class A-4 Outstanding Amount $ AGGREGATE OUTSTANDING AMOUNT OF ALL $477, SERIES BONDS Series Reserve Subaccount Balance Series Overcollateralization Subaccount Balance Series Capital Subaccount Balance $ 1,329, AGGREGATE SERIES COLLECTION ACCOUNT $ BALANCE Iii. Iv. SUBACCOUNT WITHDRAWALS AS OF CURRENT PAYMENT DATE (IF APPLICABLE, PURSUANT TO SECTION 8.02(e) OF INDENTURE): Series Reserve Subaccount Series Overcollateralization Subaccount Series Capital Subaccount TOTAL WITHDRAWALS 4 16

18 Attachment 4 Page 5 of SHORTFALLS IN INTEREST AND PRINCIPAL PAYMENTS AS OF CURRENT PAYMENT DATE: 1. Semi-annual Interest SERIES Class A-1 Interest Payment 2. Class A-2 Interest Payment 3. Class A-3 Interest Payment 4. Class A-4 Interest Payment 11. Semi-annual Principal SERIES Class A-1 Principal Payment 2. Class A-2 Principal Payment 3. Class A-3 Principal Payment 4. Class A-4 Principal Payment 8. SHORTFALLS IN REQUIRED SERES SUBACCOUNT LEVELS AS OF CURRENT PAYMENT DATE: 1. Series Overcollateralization Subaccount 11. Series Capital Subaccount $208,333.OO $1,170, IN WITNESS HEREOF, the undersigned has duly executed and delivered this Semi-Annual Servicer s Certificate this loth day of August, TXU ELECTRIC DELIVERY COMPANY, as Servicer By: Is/ John M. Casey Name: John M. Casey Title: Assistant Secretary 5 17

19 SEMI-ANNUAL SERVICER S CERTIFICATE Attachment 4 Page 6 of 15 TXU ELECTRIC DELIVERY TRANSITION BOND COMPANY LLC, $500,000,000 Transition Bonds, Series TXU Electric Delivery Company, as Servicer Pursuant to Section 4.Ol(c)(ii) of the Series Transition Property Servicing Agreement dated as of August 21,2003 (the Agreement ) between TXU Electric Delivery Company, as Servicer and TXU Electric Delivery Transition Bond Company LLC, as Issuer, the Servicer does hereby certify as follows: Capitalized terms used herein have the respective meanings as set forth in the Agreement. References herein to certain sections and subsections are references to the respective sections of the Agreement. Collection Periods: August 2004 to January 2005 Payment Date: February 15,2005 Today s Date: February 4, COLLECTIONS ALLOCABLE AND AGGREGATE AMOUNTS AVAILABLE FOR THE CURRENT PAYMENT DATE: iv. V. vi. vii. VI11. ix. X. xi. xii. x111. xiv. xv. xvi. xvij Remittances for the Aueust 2004 Series Collection Period: Remittances for the September 2004 Series Collection Period: Remittances for the October 2004 Series Collection Period: Remittances for the November 2004 Series Collection Period: Remittances for the December 2004 Series Collection Period: Remittances for the Januarv 2005 Series Collection Period: Remittances for the - Series Collection Period (after, use 6 prior periods only) Remittances for the - Series Collection Period (after, use 6 prior periods only) Remittances for the - Series Collection Period (after, use 6 prior periods only) Remittances for the - Series Collection Period (after, use 6 prior periods only) Remittances for the - Series Collection Period (after, use 6 prior periods only) Investment Earnings on Series Collection Account: Investment Earnings on Series Capital Subaccount: Investment Earnings on Series Overcollateralization Subaccount: Investment Earnings on Series Reserve Subaccount: Investment Earnings on Series General Subaccount: Series General Subaccount Balance (sum of i through xvi above): $ 5,352, $ 6,286, $ 5,073, $ 5,451, $ 4,340, $ 4,360, $ 8,353.55! 123, $30,996,

20 xviii. xix. xx. xxi. Series Reserve Subaccount Balance as of Prior Series Payment Date: Series Overcollateralization Subaccount Balance as of Prior Series Payment Date: Series Capital Subaccount Balance as of Prior Series Payment Date: Series Collection Account Balance (sum of xvii through xx above) Attachment 4 Page 7 of $ 1, % i iv. V. OUTSTANDING AMOUNTS AS OF PRIOR SERIES PAYMENT DATE: Class A-1 Outstanding Amount $ 80,456, Class A-2 Outstanding Amount $122,000, Class A-3 Outstanding Amount $130,OOO,OOO.OO Class A-4 Outstanding Amount $145,000, Aggregate Outstanding Amount of All Series Bonds $ REQUIRED FUNDINGPAYMENTS AS OF CURRENT PAYMENT DATE: PRINCIPAL SERIES PRINCIPAL - DUE i iv. V. Class A-1 Class A-2 Class A-3 Class A-4 For All Series Bonds $20,5 14, $2o SERIES BOND INTEREST RATE DAYS IN INTEREST PRINCIPAL INTEREST PERIOD (1) BALANCE - DUE vi. vii. v111. ix. X. Class A % Class A % Class A % Class A % For All Series Bonds $ 80,456,761 $ 909, $122,000,000 $ 2,458, $130,000,000 $ 3,217, $145,000,000 $ $ $ x111. xiv. REQUIRED LEVEL FUNDING REQUIRED Series Overcollateralization Subaccount $ 312,499 $ 312, Series Capital Subaccount $2,500,000 $1,170, (2) On day basis for initial payment date; otherwise use one-half of annual rate. 7 19

21 4. Attachment 4 Page 8 of 15 ALLOCATION OF REMITTANCES AS OF CURRENT PAYMENT DATE PURSUANT TO 8.02(d) OF INDENTURE: i iv. Trustee Fees and Expenses (subject to cap - see 8.02(e)(i) of the Indenture): Independent Manager Fees (subject to cap - see 8.02(e)(i) of the Indenture): Series Servicing Fee: Operating Expenses (subject to cap - see 8.02(e)(iii) of the Indenture): Trust Operating Expense: Trust Accounting Expense: Rating Agency Fees: Administration Fee: ** 2004 Audit Fees (reimburse Administrator - Sec 3 of Agrmt): Fees and Expenses (i through iii): ** 2004 Audit fees were $64,753 -balance of $34,830 to be ** recovered in future payments Semi-Annual Interest (including any past-due for prior period(s) $ 2, $200, $ 25, $ $256, PER $1000 OF ORIGINAL SERIES AGGREGATE PRINCIPAL AMOUNT 1. Class A-1 Interest Payment 2. Class A-2 Interest Payment 3. Class A-3 Interest Payment 4. Class A-4 Interest Payment $ 909, $2,458, $3,2 17, $3,929, v. Principal Due and Payable as a Result of Event of Default or on Final Maturity Date SERES Class A-1 Principal Payment 2. Class A-2 Principal Payment 3. Class A-3 Principal Payment 4. Class A4 Principal Payment PER $1000 OF ORIGINAL AGGREGATE PRINCIPAL AMOUNT vi. Semi-Annual Principal SERIES Class A-1 Principal Payment 2. Class A-2 Principal Payment 3. Class A-3 Principal Payment 4. Class A-4 Principal Payment PER $1000 OF ORIGINAL AGGREGATE PRINCIPAL AMOUNT $20,5 14,

22 Attachment 4 Page 9 of ALLOCATION OF REMITTANCES AS OF CURRENT PAYMENT DATE PURSUANT TO 8.02(d) OF INDENTURE (CONTINUED): vii. Funding of Series Capital Subaccount (to required viii. level) Funding of Series Overcollateralization Subaccount ix. (to required level) Investment Earnings on Series Capital Subaccount Released to Issuer X. Deposit to Series Reserve Subaccount xi. Released to Issuer upon Retirement of all Bonds xii. AGGREGATE REMITTANCES AS OF CURRENT PAYMENT DATE $ ,40 5. OUTSTANDING AMOUNT AND SERIES COLLECTION ACCOUNT BALANCE AS OF CURRENT PAYMENT DATE (AFTER GIVING EFFECT TO PAYMENTS TO BE MADE ON SUCH PAYMENT DATE): SERIES iv. vi. vii. v111. ix. X. Class A-1 Outstanding Amount $ 59,942, Class A-2 Outstanding Amount $1 22,000, Class A-3 Outstanding Amount $130,000, Class A-4 Outstanding Amount $145,000,000.OO AGGREGATE OUTSTANDING AMOUNT OF ALL $456, SERIES BONDS Series Reserve Subaccount Balance Series Overcollateralization Subaccount Balance Series Capital Subaccount Balance $ AGGREGATE SERIES COLLECTION ACCOUNT $ 1,040, BALANCE 6. SUBACCOUNT WITHDRAWALS AS OF CURRENT PAYMENT DATE (IF APPLICABLE, PURSUANT TO SECTION 8.02(e) OF INDENTURE): Iii. Iv. Series Reserve Subaccount Series Overcollateralization Subaccount Series Capital Subaccount TOTAL WITHDRAWALS $ 289, $

23 Attachment 4 Page 10 of SHORTFALLS IN INTEREST AND PRINCIPAL PAYMENTS AS OF CURRENT PAYMENT DATE: i. Semi-annual Interest SERIES Class A-1 Interest Payment 2. Class A-2 Interest Payment 3. Class A-3 Interest Payment 4. Class A4 Interest Payment 11. Semi-annual Principal SERIES Class A- 1 Principal Payment 2. Class A-2 Principal Payment 3. Class A-3 Principal Payment 4. Class A-4 Principal Payment 8. SHORTFALLS IN REQUIRED SERIES SUBACCOUNT LEVELS AS OF CURRENT PAYMENT DATE: 1. Series Overcollateralization Subaccount 11. Series Capital Subaccount $3 12, $1,459, IN WITNESS HEREOF, the undersigned has duly executed and delivered this Semi-Annual Servicer s Certificate this loth day of August, TXU ELECTRIC DELIVERY COMPANY, as Servicer By: Is/ John M. Casey Name: John M. Casey Title: Assistant Treasurer 10 22

24 SEMI-ANNUAL SERVICER S CERTIFICATE I REVISED 8/10/05 I Attachment 4 Page 11 of 15 TXU ELECTRIC DELIVERY TRANSITION BOND COMPANY LLC, $500,000,000 Transition Bonds, Series TXU Electric Delivery Company, as Servicer Pursuant to Section 4.01 (c)(ii) of the Series Transition Property Servicing Agreement dated as of August 21, 2003 (the Agreement ) between TXU Electric Delivery Company, as Servicer and TXU Electric Delivery Transition Bond Company LLC, as Issuer, the Servicer does hereby certify as follows: Capitalized terms used herein have the respective meanings as set forth in the Agreement. References herein to certain sections and subsections are references to the respective sections of the Agreement. Collection Periods: Februarv 2005 to Julv 2005 Payment Date: August Today s Date: August 5, COLLECTIONS ALLOCABLE AND AGGREGATE AMOUNTS AVAILABLE FOR THE CURRENT PAYMENT DATE: iv. V. vi. vii. v111. ix. X. xi. xii. x111. xiv. xv. xvi. xvii Remittances for the Februarv 2005 Series Collection Period: Remittances for the March 2005 Series Collection Period: Remittances for the April 2005 Series Collection Period: Remittances for the Mav 2005 Series Collection Period: Remittances for the June 2005 Series Collection Period: Remittances for the Julv 2005 Series Collection Period: Remittances for the - Series Collection Period (after, use 6 prior periods only) Remittances for the - Series Collection Period (after, use 6 prior periods only) Remittances for the - Series Collection Period (after, use 6 prior periods only) Remittances for the - Series Collection Period (after, use 6 prior periods only) Remittances for the - Series Collection Period (after, use 6 prior periods only) Investment Earnings on Series Collection Account: Investment Earnings on Series Capital Subaccount: Investment Earnings on Series Overcollateralization Subaccount: Investment Earnings on Series Reserve Subaccount: Investment Earnings on Series General Subaccount: Series General Subaccount Balance (sum of i through xvi above): $ 4,343, $ 5,622, $ 4,151, $ 4,356, $ 4,127, $ 5,161, $ 13, $ $27,965,

25 xviii. xix. xx. xxi. Series Reserve Subaccount Balance as of Prior Series Payment Date: Series Overcollateralization Subaccount Balance as of Prior Series Payment Date: Series Capital Subaccount Balance as of Prior Series Payment Date: Series Collection Account Balance (sum of xvii through xx above) Attachment 4 Page 12 of $ i iv. V. OUTSTANDING AMOUNTS AS OF PRIOR SERIES PAYMENT DATE: Class A-1 Outstanding Amount $ 59,942, Class A-2 Outstanding Amount $122,000, Class A-3 Outstanding Amount $130,OOO,OOO.OO Class A-4 Outstanding Amount $ , Aggregate Outstanding Amount of All Series Bonds $ REQUIRED FUNDING/PAYMENTS AS OF CURRENT PAYMENT DATE: PRINCIPAL SERIES PRINCIPAL - DUE iv. V. Class A-1 Class A-2 Class A-3 Class A-4 For All Series Bonds $ 15,245, $ SERIES BOND INTEREST RATE DAYS IN INTEREST PERIOD (1) PRINCIPAL BALANCE INTEREST - DUE vi. vii. viii. ix. X. Class A % Class A % Class A % Class A4 5.42% For All Series Bonds 180/360 $ 59,942, /360 $ 122,000, /360 $130,OO0,OOO 180/360 $145, $ $ 677, $ 2,458, $ 3,217, $ $ xiii. xiv. REOUIRED LEVEL FUNDING REOUlRED Series Overcollateralization Subaccount $ 416,666 $ 416, Series Capital Subaccount $2,500,000 $1,459, (3) On 30/360-day basis for initial payment date; otherwise use one-half of annual rate

26 Attachment 4 Page 13 of ALLOCATION OF REMlTTANCES AS OF CURRENT PAYMENT DATE PURSUANT TO 8.02(d) OF INDENTURE: i. Trustee Fees and Expenses (subject to cap - see 8.02(e)(i) of the Indenture): 11. Independent Manager Fees (subject to cap - see 8.02(e)(i) of the Indenture): 11. Series Servicing Fee: iii. Operating Expenses (subject to cap - see 8.02(e)(iii) of the Indenture): Trust Operating Expense: Trust Accounting Expense: Rating Agency Fees (already paid by Servicer): Administration Fee: Miscellaneous Expenses: Fees and Expenses (i through iii): $ 2, $200, $ 10, $ 25, $237, iv. Semi-Annual Interest (including any past-due for prior period(s) SERIES Class A-1 Interest Payment 2. Class A-2 Interest Payment 3. Class A-3 Interest Payment 4. Class A-4 Interest Payment PER $1000 OF ORIGINAL AGGREGATE PRINCIPAL AMOUNT $ 677, $2,458, $3,217, $3,929, v. Principal Due and Payable as a Result of Event of Default or on Final Maturity Date SERIES Class A-1 Principal Payment 2. Class A-2 Principal Payment 3. Class A-3 Principal Payment 4. Class A-4 Principal Payment PER $1000 OF ORIGINAL AGGREGATE PRINCIPAL AMOUNT vi. Semi-Annual Principal SERIES Class A-1 Principal Payment 2. Class A-2 Principal Payment 3. Class A-3 Principal Payment 4. Class A-4 Principal Payment PER $1000 OF ORIGINAL AGGREGATE PRINCIPAL AMOUNT $1 5,245,

27 Attachment 4 Page 14 of vii. v111. ix. X. xi. xii. ALLOCATION OF REMITTANCES AS OF CURRENT PAYMENT DATE PURSUANT TO 8.02(d) OF INDENTURE (CONTINUED): Funding of Series Capital Subaccount (to required $ 1,459, level) Funding of Series Overcollateralization Subaccount $ 416, (to required level) Investment Earnings on Series Capital Subaccount $ 13, Released to Issuer Deposit to Series Reserve Subaccount $ 310, Released to Issuer upon Retirement of all Bonds AGGREGATE REMITTANCES AS OF CURRENT % PAYMENT DATE 5. OUTSTANDING AMOUNT AND SERIES COLLECTION ACCOUNT BALANCE AS OF CURRENT PAYMENT DATE (AFTER GIVING EFFECT TO PAYMENTS TO BE MADE ON SUCH PAYMENT DATE): SERIES i iv. vi. vii. Vlll ix. X. Class A-1 Outstanding Amount $ 44,696, Class A-2 Outstanding Amount $122,000, Class A-3 Outstanding Amount $130,000, Class A-4 Outstanding Amount $145,000, AGGREGATE OUTSTANDING AMOUNT OF ALL $441,696, SERIES BONDS Series Reserve Subaccount Balance $ 310, Series Overcollateralization Subaccount Balance $ 416, Series Capital Subaccount Balance $ 2.500, AGGREGATE SERIES COLLECTION ACCOUNT $ 3,256, BALANCE 6. SUBACCOUNT WITHDRAWALS AS OF CURRENT PAYMENT DATE (IF APPLICABLE, PURSUANT TO SECTION 8.02(e) OF INDENTURE): Iii. Iv. Series Reserve Subaccount Series Overcollateralization Subaccount Series Capital Subaccount TOTAL WITHDRAWALS 14 26

28 Attachment 4 Page 15 of SHORTFALLS IN INTEREST AND PRINCIPAL PAYMENTS AS OF CURRENT PAYMENT DATE: 1. Semi-annual Interest SERIES Class A-1 Interest Payment 2. Class A-2 Interest Payment 3. Class A-3 Interest Payment 4. Class A-4 Interest Payment 11. Semi-annual Principal SERIES Class A-1 Principal Payment 2. Class A-2 Principal Payment 3. Class A-3 Principal Payment 4. Class A-4 Principal Payment 8. SHORTFALLS IN REQUIRED SERIES SUBACCOUNT LEVELS AS OF CURRENT PAYMENT DATE: 1. Series Overcollateralization Subaccount 11. Series Capital Subaccount IN WITNESS HEREOF, the undersigned has duly executed and delivered this Semi-Annual Servicer s Certificate this loth day of August, TXU ELECTRIC DELIVERY COMPANY, as Servicer By: /s/ John M. Casey Name: John M. Casey Title: Assistant Treasurer 15 27

29 Attachment 5 Page 1 of 12 TXU ELECTRIC DELIVERY COMPANY BILLED AND COLLECTED TRANSITION CHARGES TOTAL TC1 Billed Charge Off Collected TC1 Charge Off Aug 2004 SeP OCt Nov Dec Jan 2005 Feb Mar APr May Jun Jul Investment Earnings Collected $5,833, $5,485, $4,889, $4,431, $4,577, $5,050, $4,782, $4,520, $4,250, $4,397, $5,472, $6,159, $59,850, ($31,026.75) ($96,228.23) ($84,140.91) ($74,879.80) ($79,400.91) ($90,263.68) ($84,809.42) ($79,321.03) ($73,402.13) ($75,995.28) ($100,051.88) ($115,938.08) ($985,458.10) $5,802, $5,388, $4,805, $4,356, $4,498, $4,960, $4,698, $4,441, $4,177, $4,321, $5,372, $6,043, $58,865, $5, $6,320, $5,154, $5,545, $4,415, $4,438, $4,423, $5,721, $4,227, $4,431, $4,201, $5,258, $59,519, ($28,374.85) ($34,077.95) ($80,222.06) ($94,018.95) ($74,906.95) ($ ) ($80,418.72) ($98,993.79) ($75,309.74) ($74,978.45) ($73,623.83) ($97,335.39) ($890,770.96) $5,352, $6,286, $5,073, $5,451, $4,340, $4,360, $4,343, $5,622, $4,151, $4,356, $4,127, $5,161, $58,628, $333, $58,962, Payment Requirement RATC Factor Rate Class Payment Requirement $58,651, % $58,651, Under/(Over)-recove y Amount ($31 0,622.16) Collection After July 31 Jun Jul Aug $754, $5,942, $6,044, $12,741,

30 Attachment 5 Page 2 of 12 TXU ELECTRIC DELIVERY COMPANY BILLED AND COLLECTED TRANSITION CHARGES RESIDENTIAL Billed TC Charge Off TC Collected Charge Off Aug 2004 SeP Oct Nov Dec Jan 2005 Feb Mar APr May Jun Jul - Investment Earnings Collectrd $2,873, $2,444, $1,910, $1,537, $1,762, $2,226, $1,982, $1,737, $1,492, $1,537, $2,494, $3,107, $25,105, ($15,217.01) ($53,589.81) ($42,045.95) ($33,970.45) ($39,301.94) ($49,809.13) ($44,639.53) ($39,261.70) ($33, ) ($34,896.35) ($57,351.23) ($71,892.32) ($51 5,806.53) $2,857, $2,391, $1,868, $1,503, $1,722, $2,176, $1,938, $1,698, $1,458, $1,502, $2,437, $3,035, $24,590, $2,605, $3,105, $2,350, $2,218, $1,554, $1,677, $2,052, $2,225, $1,667, $1,544, $1,458, $2,336, $24,797, ($13,557.57) ($16,869.34) ($45,259.33) ($47,874.81) ($34,284.43) ($37,617.14) ($46,435.38) ($49,665.87) ($37,685.70) ($35,021.58) ($33,087.05) $2,591, $3,088, $2,305, $2,170, $1,520, $1,639, $2,005, $2,176, $1,629, $1,509, $i,425,a74.@ ($54,441.39) $2,2a2,3i 6.45 ($451,799.59) $24,345, $1 37, $24,483, Payment Requirement RAAF Factor Rate Class Payment Requirement Under/(Over)-recovery Amount $58,651, % $24,205, ($277,801.96) Collection After July 31 Jun Jul Aug $342,438. I 2 $2,984,

31 Attachment 5 Page 3 of 12 TXU ELECTRIC DELIVERY COMPANY BILLED AND COLLECTED TRANSITION CHARGES GS SECONDARY TOTAL Billed TC Charge Off TC Collected Charae Of Aug 2004 $2,258, SeP $2,297, Oct $2,240, Nov $2,194, Dec $2,104, Jan 2005 $2,144, Feb $2,120, Mar $2,094, APr $2,077, May $2,156, Jun $2,266, Jul $2,315, $26,271, Investment Earnings Collected ($1 2,067.03) ($35,148.13) ($34,489.69) ($33,803.90) ($32,734.72) ($33,554.17) ($33,167.23) ($32,654.43) ($32,295.25) ($33,445.40) ($35,165.01) ($36, ($384,750.31) $2,246, $2,262, $2,205, $2,160, $2,072, $2,111, $2,087, $2,061, $2,044, $2,123, $2,231, $2,279, $25,887, $2,111, $2,467, $2,136, $2,519, $2,156, $2,068, $1,867, $2,556, $1,912, $2,172, $2,071, $2,223, $26,262, ($11,275.06) ($13,294.24) ($28,714.72) ($37,891.40) ($33,439.35) ($33,266.24) ($29,341.20) ($38, ) ($30,816.25) ($32,338.03) ($33,190.41) ($35,073.60) ($357,574.69) $2,100, $2,454, $2,107, $2,481, $2,122, $2,035, $1,837, $2,517, $1,882, $2,139, $2,038, $2,188, $25,905, $1 49, $26,054, Payment Requirement RAAF Factor Rate Class Payment Requirement $58,651, % $26,236, Under/(Over)-recovery Amount $181, Collection After July 31 Jun Jul Aug $313, $2,241, $ $4,846,

32 Attachment 5 Page 4 of 12 TXU ELECTRIC DELIVERY COMPANY BILLED AND COLLECTED TRANSITION CHARGES GS SECONDARY - SMALL Billed _. TC Charge Off TC Posted Charge Off Aug 2004 SeP Oct Nov Dec Jan 2005 Feb Mar APr May Jun $108, $48, $39, $39, $93, $1 02, $95, $94, $87, $90, $1 11, ($43654) ($780.42) ($652.78) ($596.20) ($1,652.54) ($1,830.49) ($1,728.22) ($1,671.82) ($1,547.46) ($1,646.01) ($2,017.59) $1 08, $47, $39, $38, $91, $100, $93, $92, $85, $89, $109, Jul $1 19, ($2,212.41) $1 17, $1,030, ($16,772.48) $1,013, investment Earnings Collected $101, $121, $57, $46, $39, $82, $93, $106, $87, $90, $89, $105, $1,021, ($400.86) $101, ($497.17) $ ($670.73) $57, ($749.39) $45, ($598.34) $39, ($1,453.30) $81, ($1,674.87) $91, ($1,922.66) $104, ($1,572.54) $85, ($1,619.50) $89, ($1,587.14) $87, ($1,941.61) $103, ($14, ) $1,007, $4, $1,011, Payment Requirement RAAF Factor Rate Class Payment Requirement Under/( Over)-recovery Amount $58,651, % $787, ($224,253.66) Collection After July 31 Jun Jul Aug $15, $1 15, $69, $200,

33 Attachment 5 Page 5 of 12 TXU ELECTRIC DELIVERY COMPANY BILLED AND COLLECTED TRANSITION CHARGES GS SECONDARY - LARGE Billed TC Charge Off TC Posted Charge Off Aug 2004 SeP Oct Nov Dec Jan 2005 Feb Mar APr May Jun Jul Investment Earnings Collected $2,149, $2,248, $2,200, $2,155,237.1 $2,011, $2,042, $2,025, $2,000, $1,990,12722 $2,065, $2,155, $2,195, $25,241, ($11,630.49) ($34,367.71) ($33,836.91) ($33,207.70) ($31,082.18) ($31,723.68) ($31,439.01) ($30,982.61) ($30,747.79) ($31,799.39) ($33,147.42) ($34,012.94) ($367,977.83) $2,138, $2,214, $2,166, $2,122, $1,980, $2,010, $1,994, $1,969, $1,959, $2,034, $2,122, $2,161, $24,873, $2,009, $2,346, $2,078, $2,472, $2,116, $1,985, $1,774, $2,450, $1,825, $2,081, $1,982, $2,117, $25,240, ($1 0,874.20) ($1 2,797.07) ($28,043.99) ($37,142.01) ($32,841.01) ($31,812.94) ($27,666.33) ($37,011.53) ($29,243.71) ($30,718.53) ($31,603.27) ($33,131.99) ($342,886.58) $1,999, $2,333, $2,050, $2,435, $2,083, $ $1,746.38a.30 $2,413, $1,796, $2,050, $1,950, $2,084, $24,897, $144, $25,042, Payment Requirement RAAF Factor Rate Class Payment Requirement $58,651, % $25,448, Under/(Over)-recovery Amount $ Collection After July 31 Jun Jul Aug $298,167.6( $2,125, $2,222,213.2 $4,645,

34 Attachment 5 Page 6 of 12 TXU ELECTRIC DELIVERY COMPANY BILLED AND COLLECTED TRANSITION CHARGES GS PRIMARY TOTAL Billed TC Charge Off Collected TC Charge Off Aug 2004 SeP Oct Nov Dec Jan 2005 Feb Mar APr May Jun Jul Investment Earnings Collected $290, $369, $366, $359, $305, $297, $303, $303, $302, $310, $320, $333, $3,862, ($1,564.64) $288, ($3,650.94) $366, ($3,685.57) $363, ($3,495.00) $355, ($3,010.36) $302, ($2,873.98) $294, ($3,096.06) $300, ($3,466.50) $300, ($3,429.91) $298, ($3,589.80) $306, ($3,551.33) $317, ($3,649.49) $329, ($39,063.58) $3,823, $287, $305, $342, $393, $355, $304, $216, $443, $280, $314, $282, $333, $3,859, ($1,553.46) ($1,612.48) ($3,203.12) ($3,930.92) ($3,415.85) ($3,241.96) ($2,070.01) ($4,755.83) ($3,109.32) ($3,515.28) ($3,284.59) ($3,9025 j ($37,595.07) $286, $303, $338, $389, $351, $301, $214, $438, $277, $31 0, $278, $330, $3,821, $19, $3,841, Payment Requirement RAAF Factor Rate Class Payment Requirement $58,651, % $3,459, Under/(Over)-recovey Amount ($382,037.06: Collection After July 31 Jun Jul Aug $44, $324, $339, $708,