FY2016-17 Budget Final

Bond Debt Service City of DeSoto, Texas General Obligation Refunding Bonds, Taxable Series 2016 (I&S Tax)

Non Callable

Annual Debt Service

Period Ending

Principal

Coupon

Interest

Debt Service

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 8/15/2026 9/30/2026 2/15/2027 9/30/2027

25,000

4.000% 24,796.39

49,796.39 32,318.75

32,318.75

82,115.14

165,000

4.000% 32,318.75

197,318.75 29,018.75

29,018.75

226,337.50

170,000

4.000% 29,018.75

199,018.75 25,618.75

25,618.75

224,637.50

180,000

4.000% 25,618.75

205,618.75 22,018.75

22,018.75

227,637.50

105,000

4.000% 22,018.75

127,018.75 19,918.75

19,918.75

146,937.50

120,000

4.000% 19,918.75

139,918.75 17,518.75

17,518.75

157,437.50

230,000

4.000% 17,518.75

247,518.75 12,918.75

12,918.75

260,437.50

240,000

4.000% 12,918.75

252,918.75

8,118.75

8,118.75

261,037.50

250,000

2.050%

8,118.75 5,556.25

258,118.75

5,556.25

263,675.00

250,000

2.150%

5,556.25 2,868.75

255,556.25

2,868.75

258,425.00

255,000

2.250%

2,868.75

257,868.75

257,868.75 2,366,546.39

1,990,000

376,546.39 2,366,546.39

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 2007A Comb Tax & Rev CO) for debt service savings and, (ii) pay the costs of issuance associated with the sale of the bonds.

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