I-1 - Finance Plan Tiffin 2021A Refunding

Attachment 2 – Preliminary Debt Service Schedule Date Principal Coupon Interest Total P+I Fiscal Total 03/09/2021 - - - - - 12/01/2021 - - 21,463.99 21,463.99 - 06/01/2022 360,000.00 0.850% 14,746.25 374,746.25 396,210.24 12/01/2022 - - 13,216.25 13,216.25 - 06/01/2023 370,000.00 0.950% 13,216.25 383,216.25 396,432.50 12/01/2023 - - 11,458.75 11,458.75 - 06/01/2024 370,000.00 1.000% 11,458.75 381,458.75 392,917.50 12/01/2024 - - 9,608.75 9,608.75 - 06/01/2025 375,000.00 1.050% 9,608.75 384,608.75 394,217.50 12/01/2025 - - 7,640.00 7,640.00 - 06/01/2026 385,000.00 1.200% 7,640.00 392,640.00 400,280.00 12/01/2026 - - 5,330.00 5,330.00 - 06/01/2027 385,000.00 1.300% 5,330.00 390,330.00 395,660.00 12/01/2027 - - 2,827.50 2,827.50 - 06/01/2028 390,000.00 1.450% 2,827.50 392,827.50 395,655.00 Total $2,635,000.00 - $136,372.74 $2,771,372.74 - Yield S tatistics Bond Year Dollars $11,275.19 Average Life 4.279 Years Average Coupon 1.2094935% Net Interest Cost (NIC) 1.4782471% T rue Interest Cost (T IC) 1.4870853% Bond Yield for Arbitrage Purposes 1.2073163% All Inclusive Cost (AIC) 1.6873298% IRS Form 8038 Net Interest Cost 1.2094935% Weighted Average Maturity 4.279 Years *Based on non-rated rates as of December 10, 2020 plus 0.25% Northland Securities, Inc. Page 5