FY2016-17 Budget Final

BOND DEBT SERVICE City of DeSoto, Texas Combination Tax & Revenue Certificates of Obligation, Series 2015 (I&S Tax Portion) Callable on 2/15/2025@ par

Annual Debt Service

Period Ending

Principal 135,000

Coupon 3.000%

Interest 35,375 33,350

Debt Service

170,375 33,350

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 8/15/2029 9/30/2029 2/15/2030 9/30/2030

203,725

140,000

3.000%

33,350 31,250

173,350 31,250

204,600

140,000

3.000%

31,250 29,150

171,250 29,150

200,400

150,000

2.500%

29,150 27,275

179,150 27,275

206,425

150,000

2.500%

27,275 25,400

177,275 25,400

202,675

150,000

3.500%

25,400 22,775

175,400 22,775

198,175

160,000

3.500%

22,775 19,975

182,775 19,975

202,750

165,000

3.500%

19,975 17,088

184,975 17,088

202,063

175,000

3.500%

17,088 14,025

192,088 14,025

206,113

175,000

3.000%

14,025 11,400

189,025 11,400

200,425

185,000

3.000%

11,400

196,400

8,625

8,625

205,025

185,000

3.000%

8,625 5,850

193,625

5,850

199,475

190,000

3.000%

5,850 3,000

195,850

3,000

198,850

200,000

3.000%

3,000

203,000

203,000

2,833,700

2,833,700

2,300,000

533,700

Proceeds from the sale of the Certificates will be used for (i) design and construction of street and roadway improvements throughout the City, including certain road, street, sidewalks, alleyways, curb, drainage and related improvements and (ii) pay professional services rendered in connection with these projects.

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