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Preliminary
<br /> City of Centerville, Minnesota
<br /> $1,545,000 General Obligation Improvement Bonds, Series 2013A
<br /> (15 -year term)
<br /> Revenue vs. Debt Service
<br /> (a) (b) (c) (d) (e) (1) (9) ( (i) (1) (k)
<br /> Less: Special
<br /> Statutory 105% Less. Other Assessment Net City Share Annual Surplus Cumulative Year
<br /> Date Scheduled P +I Debt Service City Revenue Revenue (Tax Levy) / Deficit Cash Balance Year Certified Collected Tax Levy
<br /> 02/01/2012 - - - - - - - -
<br /> 02/01/2013 - - - - - - - 2011 2012 -
<br /> 02/01/2014 - - - - - - - 2012 2013 -
<br /> 02/01/2015 58,105.00 61,010.25 - 53,335.00 7,675.25 - - 2013 2014 7,680.00
<br /> 02/01/2016 52,000.00 54,600.00 - 53,335.00 1,265.00 - - 2014 2015 1,270.00
<br /> 02/01/2017 51,830.00 54,421.50 - 53,335.00 1,086.50 - - 2015 2016 1,090.00
<br /> 02/01/2018 51,630.00 54,211.50 - 53,335.00 876.50 - - 2016 2017 880.00
<br /> 02/01/2019 51,390.00 53,959.50 - 53,335.00 624.50 - 2017 2018 630.00
<br /> 02/01/2020 56,120.00 58,926.00 - 53,335.00 5,591.00 - - 2018 2019 5,600.00
<br /> 02/01/2021 170,745.00 179,282.25 - 53,335.00 125,947.25 - - 2019 2020 125,950.00
<br /> 02/01/2022 173,435.00 182,106.75 - 53,335.00 128,771.75 - - 2020 2021 128,780.00
<br /> 02/01/2023 175,897.50 184,692.38 - 53,335.00 131,357.38 - - 2021 2022 131,360.00
<br /> 02/01/2024 178,047.50 186,949.88 - 53,335.00 133,614.88 - - 2022 2023 133,620.00
<br /> 02/01/2025 179,947.50 188,944.88 - 53,335.00 135,609.88 - - 2023 2024 135,610.00
<br /> 02/01/2026 181,507.50 190,562.88 - 53,335.00 137,247.88 - - 2024 2025 137,250.00
<br /> 02/01/2027 182,795.00 191,934.75 - 53,335.00 138,599.75 - - 2025 2026 138,600.00
<br /> 02/01/2028 178,800.00 187,740.00 - 53,335.00 134,405.00 - - 2026 2027 134,410.00
<br /> 02/01/2029 179,550.00 188,527.50 - 53,335.00 135,192.50 - - 2027 2028 135,200.00
<br /> Total 81,921,800.00 52,017,890.00 - $800,025.00 $1,217,865.00 - $1,217,930.00
<br /> Revenue Footnotes:
<br /> (e) The special assessment revenue is based on $540,00 (35% of bond) of assessments filed in 2013 for first collection in 2014 at a rate of
<br /> 5.50% over a term of fifteen years requiring equal annual installments.
<br /> 21st Avenue - $300,000 assessed / Peterson Street - $80,000 assessed / Center Street - $160,000 assessed
<br /> Northland Securities
<br /> Public Finance
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