Debt Service FY2022 Street & Sidewalk Repairs & ADA Improvements — File 212516

Debt Service Calculator 1) $3,604,801 2) Enter borrowing conditions: Interest Rate (e.g., 3.5% as 3.5): 3.0000 Term ( enter 5 or more) 15 3) Indicate ("x") payment type. Check both for comparisons. Level Debt Service x Level Principal x Projected annual payment Level Debt Service $301,962 Level Principal (Year One) $348,464 Principal & Interest Interest only Level Debt Service $4,529,428 $924,627 Level Principal $4,469,953 $865,152 Year Level debt service ($) Level principal ($) 2023 1 301,962 348,464 2024 2 301,962 341,254 2025 3 301,962 334,045 2026 4 301,962 326,835 2027 5 301,962 319,626 2028 6 301,962 312,416 2029 7 301,962 305,206 2030 8 301,962 297,997 2031 9 301,962 290,787 2032 10 301,962 283,578 2033 11 301,962 276,368 2034 12 301,962 269,158 2035 13 301,962 261,949 2036 14 301,962 254,739 2037 15 301,962 247,530 Projected total payments over term. Enter amount to be borrowed. FY22 Street & Sidewalk Repairs & ADA Improvements