FY2016-17 Budget Final

BOND DEBT SERVICE City of DeSoto, Texas Combination Tax & Revenue Certificates of Obligation, Tax-Exempt Series 2007A

(Town Center -I&S Tax Portion) Callable on 2/15/2017 @ par

Annual Debt Service

Period Ending

Principal 145,626

Coupon 4.000%

Interest 43,984 41,071

Debt Service

189,610 41,071

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 9/30/2027

230,681

194,165 37,818

153,094

4.250%

41,071 37,818

231,983

198,380 34,526

160,562

4.100%

37,818 34,526

232,906

198,822 31,035

164,296

4.250%

34,526 31,035

229,858

202,799 27,299

171,764

4.350%

31,035 27,299

230,098

206,531 23,356

179,232

4.400%

27,299 23,356

229,887

213,790 19,071

190,434

4.500%

23,356 19,071

232,862

216,973 14,619

197,902

4.500%

19,071 14,619

231,592

219,989

205,370

4.500%

14,619

9,998

9,998

229,986

226,570

216,572

4.500%

9,998 5,125

5,125

231,695

232,899

227,774

4.500%

5,125

232,899

2,012,626

531,822

2,544,448

2,544,448

Proceeds from the sale of the Tax-Exempt Certificates will be used for the purpose of paying contractual obligations to be incurred for (i) constructing a municipal parking garage, including equipment related thereto, (ii) constructing and improving streets within the City, including landscaping related thereto, (iii) improving and extending the City's waterworks and sewer system, (iv) acquiring, constructing and installing a public safety radio system, and (v) professional services rendered in connection therewith.

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