FY2016-17 Budget Final

BOND DEBT SERVICE City of DeSoto, Texas General Obligation Refunding Bonds, Series 2013 (Fire Training Portion) Callable on 2/15/23 @par

Annual Debt Service

Period Ending

Principal

Coupon 3.000%

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 9/30/2025

25,000

3,900 3,525

28,900

3,525

32,425.00

25,000

3.000%

3,525 3,150

28,525

3,150

31,675.00

30,000

3.000%

3,150 2,700

33,150

2,700

35,850.00

30,000

4.000%

2,700 2,100

32,700

2,100

34,800.00

30,000

3.000%

2,100 1,650

32,100

1,650

33,750.00

30,000

2.000%

1,650 1,350

31,650

1,350

33,000.00

31,350

30,000

3.000%

1,350

900

900

32,250.00

30,900

30,000

3.000%

900 450

450

31,350.00

30,450

30,000

3.000%

450

30,450.00

260,000

35,550

295,550

295,550

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") for debt service savings and, (ii) pay the costs of issuance associated with the sale of the bonds.

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