I-1 - Preliminary Official Statement - GO Bond 2025

GENERAL OBLIGATION DEBT PAYABLE FROM TAXES CONTINUED This Issue Purpose: G.O. G.O. G.O. Corporate Corporate Corporate Purpose Purpose Purpose Bonds, Bonds, Bonds, Series Series Series 2022A 2024A 2025A Dated: 05/18/22 05/30/24 04/24/25 Original Amount: $2,740,000 $3,565,000 $5,500,000 Maturity: 1-Jun 1-Jun 1-Jun TOTAL TOTAL Interest Rates: 2.35-3.50% 5.00% PRINCIPAL: PRIN & INT: Fiscal Year 2025 $175,000 $170,000 $0 $1,845,000 $2,112,271 2025 2026 195,000 415,000 100,000 2,245,000 2,961,472 2026 2027 195,000 440,000 215,000 2,415,000 3,045,068 2027 2028 200,000 460,000 320,000 2,225,000 2,784,133 2028 2029 210,000 485,000 330,000 2,305,000 2,794,205 2029 2030 180,000 505,000 340,000 2,335,000 2,751,388 2030 2031 185,000 530,000 355,000 2,370,000 2,711,960 2031 2032 190,000 560,000 365,000 1,975,000 2,240,665 2032 2033 200,000 0 380,000 1,260,000 1,457,473 2033 2034 200,000 0 395,000 865,000 1,023,763 2034 2035 115,000 0 410,000 805,000 937,148 2035 2036 120,000 0 425,000 545,000 651,943 2036 2037 125,000 0 440,000 565,000 651,168 2037 2038 130,000 0 455,000 585,000 649,193 2038 2039 0 0 475,000 475,000 515,988 2039 2040 0 0 495,000 495,000 516,038 2040 $2,420,000 $3,565,000 $5,500,000 $23,310,000 $27,803,871 NOTE: 85% OF GENERAL OBLIGATION DEBT PAYABLE FROM TAXES WILL BE RETIRED WITHIN TEN YEARS. (1) A portion of these bonds current refunded the General Obligation Corporate Purpose and Refunding Bond, Series 2012A, dated September 1, 2012. M aturities 2021 through 2027, inclusive, were called for redemption on August 25, 2020, at a price of par plus accrued interest. – 26 –