FY2016-17 Budget Final

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

(SWRCC-External S. Portion) Callable on 2/15/2017 @ par

Annual Debt Service

Period Ending

Principal

Coupon 4.000%

Interest 14,913 13,925

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 9/30/2027

49,374

64,287 13,925

78,212

51,906

4.250%

13,925 12,822

65,831 12,822

78,653

54,438

4.100%

12,822 11,706

67,260 11,706

78,966

55,704

4.250%

11,706 10,522

67,410 10,522

77,932

58,236

4.350%

10,522

68,758

9,256

9,256

78,014

60,768

4.400%

9,256 7,919

70,024

7,919

77,943

64,566

4.500%

7,919 6,466

72,485

6,466

78,951

67,098

4.500%

6,466 4,956

73,564

4,956

78,520

69,630

4.500%

4,956 3,390

74,586

3,390

77,976

73,428

4.500%

3,390 1,738

76,818

1,738

78,555

77,226

4.500%

1,738

78,964

78,964 862,686

682,374

180,312

862,686

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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