FY2016-17 Budget Final

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

Callable on 2/15/2021 @ par

Period Ending

Principal 125,000

Coupon 3.000%

Interest 45,900 44,025

Debt Service Annual 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

170,900 44,025

214,925

130,000

3.000%

44,025 42,075

174,025 42,075

216,100

130,000

3.000%

42,075 40,125

172,075 40,125

212,200

135,000

3.000%

40,125 38,100

175,125 38,100

213,225

140,000

4.000%

38,100 35,300

178,100 35,300

213,400

145,000

4.000%

35,300 32,400

180,300 32,400

212,700

155,000

4.000%

32,400 29,300

187,400 29,300

216,700

160,000

4.000%

29,300 26,100

189,300 26,100

215,400

165,000

4.000%

26,100 22,800

191,100 22,800

213,900

170,000

4.000%

22,800 19,400

192,800 19,400

212,200

180,000

4.000%

19,400 15,800

199,400 15,800

215,200

185,000

4.000%

15,800 12,100

200,800 12,100

212,900

195,000

4.000%

12,100

207,100

8,200

8,200

215,300

200,000

4.000%

8,200 4,200

208,200

4,200

212,400

210,000

4.000%

4,200

214,200

214,200

2,425,000 3,210,750 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. 785,750 3,210,750

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