FY2016-17 Budget Final

BOND DEBT SERVICE City of DeSoto, Texas

Combination Tax & Revenue Certificates of Obligation, Series 2009 (I&S Tax Portion) Callable on 2/15/2018 @ par

Annual Debt Service

Period Ending

Principal 245,000

Coupon 4.000%

Interest 85,224 80,324

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 9/30/2029

330,224 80,324

410,548

255,000

4.000%

80,324 75,224

335,324 75,224

410,548

265,000

4.000%

75,224 69,924

340,224 69,924

410,148

275,000

4.000%

69,924 64,424

344,924 64,424

409,348

285,000

4.000%

64,424 58,724

349,424 58,724

408,148

295,000

4.000%

58,724 52,824

353,724 52,824

406,548

310,000

4.000%

52,824 46,624

362,824 46,624

409,448

320,000

4.000%

46,624 40,224

366,624 40,224

406,848

335,000

4.250%

40,224 33,105

375,224 33,105

408,329

350,000

4.300%

33,105 25,580

383,105 25,580

408,685

365,000

4.400%

25,580 17,550

390,580 17,550

408,130

380,000

4.500%

17,550

397,550

9,000

9,000

406,550

400,000

4.500%

9,000

409,000

409,000

4,080,000

1,232,274

5,312,274

5,312,274

Proceeds from the sale of the Certificates will be used for (i) constructing and improving streets within the City including related traffic signalization, signage, sidewalks, landscaping and drainage improvement, and the acquisition of land and right-of-way therefor, (ii) improving and extending the City's waterworks and sewer system and (iii) professional services rendered in connection therewith.

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