FY2016-17 Budget Final

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

45,000

6,575 5,900

51,575

5,900

57,475

45,000

3.000%

5,900 5,225

50,900

5,225

56,125

45,000

3.000%

5,225 4,550

50,225

4,550

54,775

45,000

4.000%

4,550 3,650

49,550

3,650

53,200

45,000

3.000%

3,650 2,975

48,650

2,975

51,625

50,000

2.000%

2,975 2,475

52,975

2,475

55,450

55,000

3.000%

2,475 1,650

57,475

1,650

59,125

55,000

3.000%

1,650

56,650

825

825

57,475

55,000

3.000%

825

55,825

55,825 501,075

440,000

61,075

501,075

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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