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Debt Service Comparison
<br />DateTotal P+INet New D/SOld Net D/SSavings
<br />02/01/2022131,599.01127,070.89188,206.2661,135.37
<br />02/01/2023132,392.50132,392.50185,106.2652,713.76
<br />02/01/2024116,892.50116,892.50186,812.5069,920.00
<br />02/01/2025111,397.50111,397.50182,812.5071,415.00
<br />02/01/2026255,872.50255,872.50183,812.50(72,060.00)
<br />02/01/2027229,497.50229,497.50184,275.00(45,222.50)
<br />02/01/2028213,147.50213,147.50179,600.00(33,547.50)
<br />02/01/2029186,572.50186,572.50154,500.00(32,072.50)
<br />Total$1,377,371.51$1,372,843.39$1,445,125.02$72,281.63
<br />PV Analysis Summary (Net to Net)
<br />
<br />Gross PV Debt Service Savings.....................70,968.65
<br />
<br />Net PV Cashflow Savings @ 0.655%(Bond Yield).....70,968.65
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<br />Contingency or Rounding Amount....................4,528.12
<br />Net Present Value Benefit $75,496.77
<br />
<br />Net PV Benefit / $1,405,968.65 PV Refunded Debt Service5.370%
<br />Net PV Benefit / $1,285,000 Refunded Principal...5.875%
<br />Net PV Benefit / $1,335,000 Refunding Principal..5.655%
<br />
<br />Refunding Bond Information
<br />
<br />Refunding Dated Date 3/31/2021
<br />Refunding Delivery Date 3/31/2021
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<br />Northland Securities, Inc. Page 4
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