FY2016-17 Budget Final

BOND DEBT SERVICE City of DeSoto, Texas General Obligation Bonds, Series 2008 (I&S Tax)

Callable on 2/15/2018 @ par

Annual Debt Service

Period Ending

Principal 225,000

Coupon 3.450%

Interest 64,521 60,640

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 9/30/2028

289,521 60,640

350,161

230,000

3.600%

60,640 56,500

290,640 56,500

347,140

240,000

3.500%

56,500 52,300

296,500 52,300

348,800

250,000

3.600%

52,300 47,800

302,300 47,800

350,100

260,000

4.000%

47,800 42,600

307,800 42,600

350,400

270,000

4.000%

42,600 37,200

312,600 37,200

349,800

280,000

4.000%

37,200 31,600

317,200 31,600

348,800

290,000

4.000%

31,600 25,800

321,600 25,800

347,400

305,000

4.000%

25,800 19,700

330,800 19,700

350,500

315,000

4.000%

19,700 13,400

334,700 13,400

348,100

330,000

4.000%

13,400

343,400

6,800

6,800

350,200

340,000

4.000%

6,800

346,800

346,800

3,335,000

853,201

4,188,201

4,188,201

Proceeds from the sale of the Bonds will be used for (i) constructing and inproving streets within the City, (ii) constructing, improving, remodeling and equipping the City's Town Center, (iii) funding City beautification projects and other capital improvements in the City and (iv) paying the costs associated withthe issuance of the Bonds.

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