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EXHIBIT B—Preliminary Debt Service Comparison
<br /> Debt Service Comparison
<br /> Existing
<br /> Date Total P+I D/S Net New D/S Old Net D/S Savings
<br /> 02/01/2015 - 210,625.00 208,125.00 (29,375.00) (237,500.00)
<br /> 02/01/2016 45,938.78 - 45,938.78 237,550.00 191,611.22
<br /> 02/01/2017 49,735.00 49,735.00 241,850.00 192,115.00
<br /> 02/01/2018 49,560.00 49,560.00 1,230,850.00 1,181,290.00
<br /> 02/01/2019 239,322.50 - 239,322.50 (239,322.50)
<br /> 02/01/2020 141,850.00 �v - 141,850.00 - (141,850.00)
<br /> 02/01/2021 210,170.00 - 210,170.00 - (210,170.00)
<br /> 02/01/2022 207,035.00 - 207,035.00 - (207,035.00)
<br /> 02/01/2023 213,520.00 - 213,520.00 - (213,520.00)
<br /> 02/01/2024 209,420.00 - 209,420.00 - (209,420.00)
<br /> 02/01/2025 209,920.00 - 209,920.00 - (209,920.00)
<br /> Total $1,576,471.28 $210,625.00 $1,784,596.28 $1,680,875.00 (103,721.28)
<br /> PV Analysis Summary(Net to Net)
<br /> Gross PV Debt Service Savings..................... 236,590.57
<br /> Net PV Cashflow Savings @ 1.9371/o(Bond Yield)..... 236,590.57
<br /> Transfers from Prior Issue Debt Service Fund...... (240,000.00)
<br /> Contingency or Rounding Amount.................... 2,500.00
<br /> Net Present Value Loss $(909.43)
<br /> Net PV Loss/$1,626,590.57 PV Refunded Debt Service (0.056%)
<br /> Net PVLoss / $1,585,000 Refunded Principal... (0.057%)
<br /> Net PV Loss / $1,390,000 Refunding Principal.. (0.065%)
<br /> Refunding Bond Information
<br /> Refunding Dated Date 1/15/2015
<br /> Refunding Delivery Date 1/15/2015
<br /> Page 5
<br /> NORTHLAN1) SFCURITIFS
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