FY2016-17 Budget Final

BOND DEBT SERVICE City of DeSoto, Texas

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

Annual Debt Service

Period Ending

Principal 175,000

Coupon 4.000%

Interest 60,583 57,083

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

235,583 57,083

292,665

180,000

4.000%

57,083 53,483

237,083 53,483

290,565

185,000

4.000%

53,483 49,783

238,483 49,783

288,265

195,000

4.000%

49,783 45,883

244,783 45,883

290,665

200,000

4.000%

45,883 41,883

245,883 41,883

287,765

210,000

4.000%

41,883 37,683

251,883 37,683

289,565

220,000

4.000%

37,683 33,283

257,683 33,283

290,965

230,000

4.000%

33,283 28,683

263,283 28,683

291,965

240,000

4.250%

28,683 23,583

268,683 23,583

292,265

250,000

4.300%

23,583 18,208

273,583 18,208

291,790

260,000

4.400%

18,208 12,488

278,208 12,488

290,695

270,000

4.500%

12,488

282,488

6,413

6,413

288,900

285,000

4.500%

6,413

291,413

291,413

2,900,000 3,777,483 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 therefor, (ii) improving and extending the City's waterworks and sewer system and (iii) professional services rendered in connection therewith. 877,483 3,777,483

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