WS - C - Tiffin Capital Planning - GO Debt Book - September 2023

Page 6 Debt Service Schedule & Payment Source 2028A ‐ Estimated GO Financing Sewer Water Special Date Principal Coupon Interest Total Fiscal Total Utility Utility LOST TIF RUT Assmnt Other Debt Service Levy 12/01/27 ‐ ‐ 06/01/28 ‐ ‐ ‐ ‐ 12/01/28 187,500.00 187,500.00 06/01/29 187,500.00 187,500.00 375,000.00 300,000.00 75,000 0.15135 12/01/29 187,500.00 187,500.00 06/01/30 100,000 5.000% * 187,500.00 287,500.00 475,000.00 300,000.00 175,000 0.32699 12/01/30 185,000.00 185,000.00 06/01/31 125,000 5.000% * 185,000.00 310,000.00 495,000.00 300,000.00 195,000 0.33737 12/01/31 181,875.00 181,875.00 06/01/32 410,000 5.000% * 181,875.00 591,875.00 773,750.00 300,000.00 473,750 0.75892 12/01/32 171,625.00 171,625.00 06/01/33 430,000 5.000% * 171,625.00 601,625.00 773,250.00 300,000.00 473,250 0.70196 12/01/33 160,875.00 160,875.00 06/01/34 455,000 5.000% * 160,875.00 615,875.00 776,750.00 300,000.00 476,750 0.65477 12/01/34 149,500.00 149,500.00 ‐ 06/01/35 475,000 5.000% * 149,500.00 624,500.00 774,000.00 300,000.00 474,000 0.60277 12/01/35 137,625.00 137,625.00 ‐ 06/01/36 500,000 5.000% * 137,625.00 637,625.00 775,250.00 300,000.00 475,250 0.55959 12/01/36 125,125.00 125,125.00 ‐ 06/01/37 525,000 5.000% * 125,125.00 650,125.00 775,250.00 300,000.00 475,250 0.51814 12/01/37 112,000.00 112,000.00 ‐ 06/01/38 550,000 5.000% * 112,000.00 662,000.00 774,000.00 300,000.00 474,000 0.47850 12/01/38 98,250.00 98,250.00 ‐ 06/01/39 580,000 5.000% * 98,250.00 678,250.00 776,500.00 300,000.00 476,500 0.44539 12/01/39 83,750.00 83,750.00 ‐ 06/01/40 605,000 5.000% * 83,750.00 688,750.00 772,500.00 300,000.00 472,500 0.40894 12/01/40 68,625.00 68,625.00 ‐ 06/01/41 635,000 5.000% * 68,625.00 703,625.00 772,250.00 300,000.00 472,250 0.37844 12/01/41 52,750.00 52,750.00 ‐ 06/01/42 670,000 5.000% * 52,750.00 722,750.00 775,500.00 300,000.00 475,500 0.35282 12/01/42 36,000.00 36,000.00 ‐ 06/01/43 700,000 5.000% * 36,000.00 736,000.00 772,000.00 300,000.00 472,000 0.32428 12/01/43 18,500.00 18,500.00 ‐ 06/01/44 740,000 5.000% 18,500.00 758,500.00 777,000.00 300,000.00 477,000 0.30344 ‐ Total 7,500,000 3,913,000 11,413,000 11,413,000 ‐ ‐ ‐ 4,800,000 ‐ ‐ ‐ 6,613,000 Issue Size $7,500,000 Purposes Fire Station Notes: Call Date ***Assumes an annual 8.00% growth taxable valuation based on average growth of 14.01% between fiscal 2013 to 2024 Prepared by Northland Securities, Inc. 9/29/2023