FY2016-17 Budget Final

BOND DEBT SERVICE City of DeSoto, Texas

General Obligation Refunding & Improvement Bonds, Series 2009 (I&S Tax Portion) Callable on 2/15/2018 @ par

Annual Debt Service

Period Ending

Principal 723,001

Coupon 4.000%

Interest 58,777 44,317

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 8/15/2027 9/30/2027 2/15/2028 8/15/2028 9/30/2028 2/15/2029 9/30/2029

781,778 44,317

826,095

750,789

4.000%

44,317 29,302

795,106 29,302

824,408

783,515

4.000%

29,302 13,631

812,816 13,631

826,447

50,000

4.250%

13,631 12,569

63,631 12,569

76,200

55,000

4.250%

12,569 11,400

67,569 11,400

78,969

55,000

4.250%

11,400 10,231

66,400 10,231

76,631

60,000

4.250%

10,231

70,231

8,956

8,956

79,188

60,000

4.250%

8,956 7,681

68,956

7,681

76,638

65,000

4.250%

7,681 6,300

72,681

6,300

78,981

65,000

4.500%

6,300 4,838

71,300

4,838

76,138

70,000

4.500%

4,838 3,263

74,838

3,263

78,100

70,000

4.500%

3,263 1,688

73,263

1,688

74,950

75,000

4.500%

1,688

76,688

76,688

2,882,304

367,128

3,249,431

3,249,431

Proceeds from the sale of the Bonds will be used for (i) constructing and improving streets within the City, including related storm drainage improvements, traffic signalization and lighting, sidewalk improvements, streetscape and median improvements, (ii) refunding a portion of the City's outstanding debt, and (iii) paying costs of issuing the Bonds.

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