M-8 - Finance Plan Tiffin GO 2022A

Attachment 1 – Preliminary Debt Service Schedule Overall Date Principal Coupon Interest Total P+I Fiscal Total 05/18/2022 - - - - - 12/01/2022 - - 42,833.95 42,833.95 - 06/01/2023 15,000.00 2.000% 39,948.75 54,948.75 97,782.70 12/01/2023 - - 39,798.75 39,798.75 - 06/01/2024 315,000.00 2.250% 39,798.75 354,798.75 394,597.50 12/01/2024 - - 36,255.00 36,255.00 - 06/01/2025 180,000.00 2.400% 36,255.00 216,255.00 252,510.00 12/01/2025 - - 34,095.00 34,095.00 - 06/01/2026 195,000.00 2.500% 34,095.00 229,095.00 263,190.00 12/01/2026 - - 31,657.50 31,657.50 - 06/01/2027 200,000.00 2.600% 31,657.50 231,657.50 263,315.00 12/01/2027 - - 29,057.50 29,057.50 - 06/01/2028 205,000.00 2.700% 29,057.50 234,057.50 263,115.00 12/01/2028 - - 26,290.00 26,290.00 - 06/01/2029 210,000.00 2.800% 26,290.00 236,290.00 262,580.00 12/01/2029 - - 23,350.00 23,350.00 - 06/01/2030 185,000.00 2.900% 23,350.00 208,350.00 231,700.00 12/01/2030 - - 20,667.50 20,667.50 - 06/01/2031 185,000.00 3.000% 20,667.50 205,667.50 226,335.00 12/01/2031 - - 17,892.50 17,892.50 - 06/01/2032 190,000.00 3.100% 17,892.50 207,892.50 225,785.00 12/01/2032 - - 14,947.50 14,947.50 - 06/01/2033 195,000.00 3.200% 14,947.50 209,947.50 224,895.00 12/01/2033 - - 11,827.50 11,827.50 - 06/01/2034 200,000.00 3.300% 11,827.50 211,827.50 223,655.00 12/01/2034 - - 8,527.50 8,527.50 - 06/01/2035 115,000.00 3.400% 8,527.50 123,527.50 132,055.00 12/01/2035 - - 6,572.50 6,572.50 - 06/01/2036 120,000.00 3.500% 6,572.50 126,572.50 133,145.00 12/01/2036 - - 4,472.50 4,472.50 - 06/01/2037 120,000.00 3.600% 4,472.50 124,472.50 128,945.00 12/01/2037 - - 2,312.50 2,312.50 - 06/01/2038 125,000.00 3.700% 2,312.50 127,312.50 129,625.00 Total $2,755,000.00 - $698,230.20 $3,453,230.20 - Date And Term Structure Dated 5/18/2022 Delivery Date 5/18/2022 First available call date 6/01/2029 Call Price 100.000% Yield Statistics Bond Year Dollars $22,329.49 Average Life 8.105 Years Average Coupon 3.1269425% Net Interest Cost (NIC) 3.2811669% True Interest Cost (TIC) 3.2861417% All Inclusive Cost (AIC) 3.3710147% Northland Securities, Inc. Page 4