|
Oct 25,2012 10:48 am Prepared by Davenport&Company LLC(PQS) '
<br /> Page 5
<br /> SAVINGS
<br /> Orange County,North Carolina
<br /> Refunding of General Obligation Bonds
<br /> Market Rates as of October 24,2012—Subject to Change
<br /> Present Value
<br /> Prior Prior Prior Refunding to 01/16/2013
<br /> Date Debt Service Receipts Net Cash Flow Debt Service Savings @ 1.7922616%
<br /> 06/30/2013 283,065.63 283,065.63 -996.31
<br /> 06/30/2014 566,131.26 566,131.26 537,132.50 28,998.76 28,264.35
<br /> 06/30/2015 1,466,131.26 1,466,131.26 1,350,200.00 115,931.26 114,697.51
<br /> 06/30/2016 1,529,756.26 1,529,756.26 1,408,900.00 120,856.26 114,609.61
<br /> 06/30/2017 1,489,756.26 1,489,756.26 1,368,060.00 121,696.26 113,278.23
<br /> 06/30/2018 439,756.26 439,756.26 377,640.00 62,116.26 56,857.45
<br /> 06/30/2019 2,039,756.26 2,039,756.26 1,918,640.00 121,116.26 108,665.27
<br /> 06/30/2020 2,875,756.26 2,875,756.26 2,754,410.00 121,346.26 106,875.81
<br /> 06/30/2021 275,756.26 275,756.26 258,720.00 17,036.26 14,781.19
<br /> 06/30/2022 275,756.26 275,756.26 258,720.00 17,036.26 14,519.79
<br /> 06/30/2023 4,275,756.26 4,275,756.26 4,154,720.00 121,036.26 100,944.97
<br /> 06/30/2024 2,795,756.26 2,795,756.26 2,674,880.00 120,876.26 98,995.20
<br /> 18,313,134.49 283,065.63 18,030,068.86 17,062,022.50 968,046.36 871,493.06
<br /> Savings Summary
<br /> PV of savings from cash now 871,493.06
<br /> Plus:Refunding funds on hand 922.16
<br /> Net PV Savings 872 415.22
<br />
|