FY2016-17 Budget Final

BOND DEBT SERVICE City of DeSoto, Texas General Obligation Refunding Bonds, Series 2012 (I&S Tax) Non Callable

Annual Debt Service

Period Ending

Principal 945,000

Coupon 4.000%

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

335,700 316,800

1,280,700

316,800

1,597,500

980,000

4.000%

316,800 297,200

1,296,800

297,200

1,594,000

1,035,000

4.000%

297,200 276,500

1,332,200

276,500

1,608,700

1,450,000

5.000%

276,500 240,250

1,726,500

240,250

1,966,750

1,815,000

5.000%

240,250 194,875

2,055,250

194,875

2,250,125

2,655,000

5.000%

194,875 128,500

2,849,875

128,500

2,978,375

1,948,500

1,820,000

5.000%

128,500 83,000

83,000

2,031,500

1,833,000

1,750,000

5.000%

83,000 39,250

39,250

1,872,250

1,609,250

1,570,000

5.000%

39,250

1,609,250 17,508,450

14,020,000

3,488,450

17,508,450

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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