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<br />i^City of Orono
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<br />^Sample $3,900,000 Debt Redemption Schedule Based on 15 year Maturity
<br />Assume Dated 2/1/1992
<br />Cash on Hand Cash on Hand
<br />Date Principal Interest Intcreat Spenddown
<br />Semi-Anmuil
<br />Balance
<br />»..a» • 4 ^ ^ -
<br />• • •- • -
<br />• • • • 4 •
<br />Ncv l.'d Annual
<br />I,evy •r $2,000,000 $1,000,000 1
<br />X1/1992 $0.00 $126,760.00 75,000 $51.750.0:S
<br />>
<br />.^■/1993
<br />a/01/1993
<br />160.000.00
<br />0.00
<br />126.7 >0.00
<br />121.-i.50.00
<br />75.000
<br />75.000
<br />110,000 $101,750.00
<br />$46,650.00
<br />$153,500.00
<br />■j~ c 2/01/1994 170.000.00 121,550.00 75.000 107,200 $109,350.00 $155,900.00
<br />• -A %*
<br />v«. .w
<br />k s •
<br />8/01/1994 0.00 115,025.00 76.000 $41,025.001
<br />• .
<br />Wf->2/01/1996
<br />8/01/1996
<br />186.000.00
<br />0.00
<br />116,026.00
<br />110,012.60
<br />75.000
<br />75.000
<br />109,400 $116,625.00
<br />$35,012.60
<br />i $157.r.^0.00
<br />i
<br />• A •
<br />•«$#*.-««
<br />M%0 «%"
<br />•« • W* <
<br />2/01/1996
<br />8/01/1996
<br />196.000.00
<br />0.00
<br />110.012.50
<br />103.675.00
<br />75.000
<br />75.000
<br />111.250 $118,762.50
<br />$28,675.00
<br />S1t.>.’7" U
<br />, :*r:::..»•.-
<br />• •a.**s/6i/iW7 0.00
<br />103,676 00 : •
<br />96.650.00
<br />75.000
<br />75.000
<br />107,760 $,130,926;00
<br />$21,550.00
<br />■■ ,$i59,>^.00;6o’;
<br />- *
<br />• ••S -*ws'
<br />TrS
<br />2/01/1998
<br />8/01/1998
<br />220.000.00
<br />0.00
<br />96.850.00
<br />69.700.00
<br />76.000
<br />76.000
<br />109,250 $132.600.lJ
<br />$14,700.00
<br />$154,460.00
<br />y; ...1
<br />-A *2/01/1999
<br />8/01/1999
<br />235.000 00
<br />0.00
<br />69.700.00
<br />82.062.50
<br />75.000
<br />75.000
<br />110,400 $139,300.00
<br />$7,062.50
<br />$154,000.00
<br />I
<br />. *A
<br />• s ■ -■ •
<br />■£r'
<br />2/01/2000
<br />8/01/2000
<br />250.000.00
<br />0.00
<br />82.062.50
<br />73,937.50
<br />76.00U
<br />75,000
<br />111,200 $145,862.50
<br />($1,062.50)
<br />$162,925.00
<br />A#
<br />•v ,4V •2/01/2001 265,000.00 73,937.50 76,000 111.650 $152,287.50 $151,225.00
<br />-V •
<br />• « *v-8/01/2001 0.00 65,325.00 75.000 ($9,675.00)r.t^r
<br />ir'h' ^‘!”285,d0d;0S::: 66,32^00:..■ ■ 76i000 '... 111,760 .$163,575.00.i $i63.90Q.()6
<br />r • *%
<br />8/01/2002 0.00 56.08; 50 76.000 ($18,937.60)
<br />• ^2/01/2003
<br />8/01/2003
<br />306.000.00
<br />0.00
<br />56,062 70
<br />46.150.00
<br />75.000
<br />75.000
<br />111.500 $174^62.50
<br />($2B,Si:}i;.00)
<br />$156,625.00
<br />• •■* %•
<br />/.VJLCr?:r 2/01/2004
<br />8/01/2004
<br />320,000.00
<br />0.00
<br />46.150.00
<br />35.750.00
<br />75.000
<br />76.000
<br />1 i 0,900 $180,250.00
<br />($39,250.00)
<br />$161,400.00
<br />•✓s V
<br />» V
<br />.
<br />2/01/2004
<br />a/oi/ms
<br />346.000.00
<br />0.00
<br />36.760.00
<br />24.537.50
<br />75.000
<br />75.000
<br />109.950 $195,800.00
<br />($50,462.60)
<br />$156,550.00
<br />• •
<br />2/01/2U06
<br />8/01/2006
<br />366.000 00
<br />0.00
<br />24.537.50
<br />12.676 00
<br />75.000
<br />75.000
<br />108,650 $206,887.50
<br />($62.32f .00)
<br />$155,425.00
<br />1 ?6;»/2067V^^:v^390,000;00-; i'2OT.oc 107,000 $220,676:06 . $158,356.00
<br />Note: Atsumptione on Interest Rtries: Borrow (9 6.60% Inveti $2,000,000 (g> 7.5%; OC^.crOO ® 7.0%
<br />* ....... . .s— .»..»•• . •». ..
<br />■"‘'^ ***•*'**“ *.'*'*** . \ r.» .v.v* ****'*"'‘ '*^,*i,*,
<br />If the General Fund. Ex. $l00,J0Q/yr woiild raise 93*
<br />i **.
<br />•iA% .
<br />*Thls will be increased by the amount * rop^y neeu
<br />payment to $253,900.
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<br />Pre^^d by ENer$ & Assodaioa.inc.
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