FY2016-17 Budget Final

BOND DEBT SERVICE City of DeSoto, Texas Combination Tax & Revenue Certificates of Obligation, Tax-exempt Series 2011B (I&S Tax Portion)

Callable on 2/15/2021 @ par

Annual Debt Service

Period Ending

Principal

Coupon

Interest 15,325 15,325

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 8/15/2029 9/30/2029 2/15/2030 8/15/2030 9/30/2030 2/15/2031 9/30/2031

15,325 15,325

30,650

45,000

3.000%

15,325 14,650

60,325 14,650

74,975

45,000

3.000%

14,650 13,975

59,650 13,975

73,625

45,000

3.000%

13,975 13,300

58,975 13,300

72,275

50,000

4.000%

13,300 12,300

63,300 12,300

75,600

50,000

4.000%

12,300 11,300

62,300 11,300

73,600

55,000

4.000%

11,300 10,200

66,300 10,200

76,500

55,000

4.000%

10,200

65,200

9,100

9,100

74,300

60,000

4.000%

9,100 7,900

69,100

7,900

77,000

60,000

4.000%

7,900 6,700

67,900

6,700

74,600

60,000

4.000%

6,700 5,500

66,700

5,500

72,200

65,000

4.000%

5,500 4,200

70,500

4,200

74,700

65,000

4.000%

4,200 2,900

69,200

2,900

72,100

70,000

4.000%

2,900 1,500

72,900

1,500

74,400

75,000

4.000%

1,500

76,500

76,500

800,000 1,073,025 Proceeds from the sales of the Series 2011B Certificates will be used for the purpose of paying contractual obligations to be incurred for (i) constructing, improving and equipping park and recreation facilities, (ii) constructing street improvements, including drainage, landscaping, curbs gutters sidewalks, signage and traffic signalization incidental thereto and the acquisition of land andrights-of-way therefor, (iii) improving and extending the City's waterworks and sewer system and (iv) professional services rendered in connection therewith. 273,025 1,073,025

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