FY2016-17 Budget Final

BOND DEBT SERVICE City of DeSoto, Texas General Obligation Refunding & Improvement Bonds, Series 2012 (Drainage Portion) Non Callable

Annual Debt Service

Period Ending

Principal 205,000

Coupon 4.000%

Interest 40,875 36,775

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

245,875 36,775

282,650

215,000

4.000%

36,775 32,475

251,775 32,475

284,250

230,000

4.000%

32,475 27,875

262,475 27,875

290,350

235,000

5.000%

27,875 22,000

262,875 22,000

284,875

250,000

5.000%

22,000 15,750

272,000 15,750

287,750

270,000

5.000%

15,750

285,750

9,000

9,000

294,750

190,000

5.000%

9,000 4,250

199,000

4,250

203,250

120,000

5.000%

4,250 1,250

124,250

1,250

125,500

50,000

5.000%

1,250

51,250

51,250

1,765,000

339,625

2,104,625

2,104,625

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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