FY2016-17 Budget Final

Bond Debt Service City of DeSoto, Texas General Obligation Refunding & Improvement Bonds, Series 2016 (Drainage Portion)

Callable on 2/15/2026 @ Par

Period Ending Principal

Annual Debt Service

Coupon Interest Debt Service 2.000% 5,591.11 40,591.11

2/15/2017 8/15/2017 9/30/2017 2/15/2018 8/15/2018 9/30/2018 2/15/2019 8/15/2019 9/30/2019 2/15/2020 8/15/2020 9/30/2020 2/15/2021 8/15/2021 9/30/2021 2/15/2022 8/15/2022 9/30/2022 2/15/2023 8/15/2023 9/30/2023 2/15/2024 8/15/2024 9/30/2024 2/15/2025 8/15/2025 9/30/2025 2/15/2026 9/30/2026

35,000

7,050.00

7,050.00

47,641.11

35,000

2.000% 7,050.00 42,050.00

6,700.00

6,700.00

48,750.00

30,000

2.000% 6,700.00 36,700.00

6,400.00

6,400.00

43,100.00

50,000

3.000% 6,400.00 56,400.00

5,650.00

5,650.00

62,050.00

50,000

3.000% 5,650.00 55,650.00

4,900.00

4,900.00

60,550.00

40,000

3.000% 4,900.00 44,900.00

4,300.00

4,300.00

49,200.00

85,000

3.000% 4,300.00 89,300.00

3,025.00

3,025.00

92,325.00

85,000

3.000% 3,025.00 88,025.00

1,750.00

1,750.00

89,775.00

85,000

2.000% 1,750.00 86,750.00

900.00

900.00

87,650.00

90,000

2.000% 900.00 90,900.00

90,900.00 671,941.11

585,000

86,941.11 671,941.11

Proceeds from the sale of the Bonds will be used for (i) refund a portion of the City's outstanding debt described in the Schedule of (the "Refunded Obligations", Series 2006 GO & Series 2006 Comb Tax & Rev COs) for debt service savings and, (ii) pay the costs of issuance associated with the sale of the bonds.

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