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Issue Size <br />FINANCIAL CONSULTANT <br />FEE COMPARISON <br />Juran & Moody <br />Fees <br />Springsted <br />Fees <br />$200,000 <br />300,000 <br />400,000 <br />500,000 <br />750,000 <br />1,000,000 <br />1,500,000 <br />2,000,000 <br />2,500,000 <br />OTHER FACTORS: <br />$5,800. <br />6,200. <br />6,600. <br />7,000. <br />8,000. <br />9,000. <br />10,000. <br />11,000. <br />11,875. <br />*Non G.O., refunding, <br />TIF, above fee x <br />1.5 <br />*We are subject to <br />some reimbursable <br />expenses such as <br />printing, publishing, <br />mileage <br />Page 13 <br />$6,700. <br />6,700. <br />6,700. <br />6,700. <br />8,900. <br />8,900. <br />11,100. <br />12,300. <br />13,500. <br />*TIF, advance <br />refunding, cross <br />over refunding - <br />above fee x <br />1.25% <br />*Negotiated sales <br />.75% of above <br />fee <br />*No fee for <br />purchased issues <br />when acting as <br />underwriter <br />(they take bond <br />discount fee) <br />*No cost for <br />printing 185 <br />copies of <br />official <br />statements <br />*No cost for <br />publication of <br />notices <br />*No charge for <br />travel <br />