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

Page 7 Debt Service Schedule & Payment Source 2026A ‐Estimated GO Financing Sewer Water Special Date Principal Coupon Interest Total Fiscal Total Utility Utility LOST TIF RUT Assmnt CAP I Debt Service Levy 12/01/25 ‐ ‐ 06/01/26 ‐ ‐ ‐ ‐ 12/01/26 156,250.00 156,250.00 06/01/27 187,500.00 187,500.00 343,750.00 343,750.00 ‐ ‐ 12/01/27 187,500.00 187,500.00 06/01/28 187,500.00 187,500.00 375,000.00 375,000.00 ‐ ‐ 12/01/28 187,500.00 187,500.00 06/01/29 ‐ 5.000% 187,500.00 187,500.00 375,000.00 375,000.00 ‐ ‐ 12/01/29 187,500.00 187,500.00 06/01/30 230,000 5.000% * 187,500.00 417,500.00 605,000.00 300,000.00 305,000.00 ‐ ‐ 12/01/30 181,750.00 181,750.00 06/01/31 370,000 5.000% * 181,750.00 551,750.00 733,500.00 300,000.00 300,000.00 133,500 0.23097 12/01/31 172,500.00 172,500.00 06/01/32 390,000 5.000% * 172,500.00 562,500.00 735,000.00 300,000.00 300,000.00 135,000 0.21626 12/01/32 162,750.00 162,750.00 06/01/33 410,000 5.000% * 162,750.00 572,750.00 735,500.00 300,000.00 300,000.00 135,500 0.20098 12/01/33 152,500.00 152,500.00 06/01/34 430,000 5.000% * 152,500.00 582,500.00 735,000.00 300,000.00 300,000.00 135,000 0.18541 12/01/34 141,750.00 141,750.00 ‐ 06/01/35 450,000 5.000% * 141,750.00 591,750.00 733,500.00 300,000.00 300,000.00 133,500 0.16977 12/01/35 130,500.00 130,500.00 ‐ 06/01/36 475,000 5.000% * 130,500.00 605,500.00 736,000.00 300,000.00 300,000.00 136,000 0.16014 12/01/36 118,625.00 118,625.00 ‐ 06/01/37 495,000 5.000% * 118,625.00 613,625.00 732,250.00 300,000.00 300,000.00 132,250 0.14419 12/01/37 106,250.00 106,250.00 ‐ 06/01/38 520,000 5.000% * 106,250.00 626,250.00 732,500.00 300,000.00 300,000.00 132,500 0.13376 12/01/38 93,250.00 93,250.00 ‐ 06/01/39 550,000 5.000% * 93,250.00 643,250.00 736,500.00 300,000.00 300,000.00 136,500 0.12759 12/01/39 79,500.00 79,500.00 ‐ 06/01/40 575,000 5.000% * 79,500.00 654,500.00 734,000.00 300,000.00 300,000.00 134,000 0.11597 12/01/40 65,125.00 65,125.00 ‐ 06/01/41 605,000 5.000% * 65,125.00 670,125.00 735,250.00 300,000.00 300,000.00 135,250 0.10838 12/01/41 50,000.00 50,000.00 ‐ 06/01/42 635,000 5.000% * 50,000.00 685,000.00 735,000.00 300,000.00 300,000.00 135,000 0.10017 12/01/42 34,125.00 34,125.00 ‐ 06/01/43 665,000 5.000% * 34,125.00 699,125.00 733,250.00 300,000.00 300,000.00 133,250 0.09155 12/01/43 17,500.00 17,500.00 ‐ 06/01/44 700,000 5.000% 17,500.00 717,500.00 735,000.00 300,000.00 300,000.00 135,000 0.08588 ‐ Total 7,500,000 4,481,000 11,981,000 11,981,000 ‐ ‐ 4,500,000 5,255,000 ‐ ‐ 343,750 1,882,250 Issue Size $7,500,000 Purposes Estimated Rec Center Financing 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