FY2016-17 Budget Final

BOND DEBT SERVICE City of DeSoto, Texas

Combination Tax & Revenue Certificates of Obligation, Series 2010 (W&S Portion)

Callable on 2/15/2020 @ par

Annual Debt Service

Period Ending

Principal 210,000

Coupon 3.000%

Interest 77,422 74,272

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 9/30/2030

287,422 74,272

361,694

215,000

3.500%

74,272 70,509

289,272 70,509

359,781

225,000

3.500%

70,509 66,572

295,509 66,572

362,081

230,000

3.500%

66,572 62,547

296,572 62,547

359,119

240,000

4.500%

62,547 57,147

302,547 57,147

359,694

250,000

4.500%

57,147 51,522

307,147 51,522

358,669

265,000

4.500%

51,522 45,559

316,522 45,559

362,081

275,000

4.500%

45,559 39,372

320,559 39,372

359,931

285,000

4.000%

39,372 33,672

324,372 33,672

358,044

300,000

4.000%

33,672 27,672

333,672 27,672

361,344

310,000

4.000%

27,672 21,472

337,672 21,472

359,144

325,000

4.125%

21,472 14,769

346,472 14,769

361,241

340,000

4.250%

14,769

354,769

7,544

7,544

362,313

355,000

4.250%

7,544

362,544

362,544

3,825,000

1,222,678

5,047,678

5,047,678

Proceeds from the sale of the Certificates will be used for (i) improving and extending the City's waterworks and sewer system, and (ii) paying costs of issuing the Certificates.

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