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<br />$2,710,000
<br />City of Lino Lakes, Minnesota
<br />General Obligation Tax Abatement Bonds
<br />Series 2006A
<br />NET DEBT SERVICE vs. REVENUE
<br />Date Principal Coupon Interest Total P +I Capitalized 105% Overlevy Abatement Annual Surplus/
<br />Interest Revenue (Deficit)
<br />(1) (2) (3) (4) (5) (6) (7) (8)
<br />02/01/2007 62,986.78 62,986.78 (62,986.78) -
<br />02/01/2008 - 115,690.00 115,690.00 (115,690.00) - - -
<br />02/01 /2009 115,690.00 115,690.00 (115,690.00) 42,443.00 42,443.00
<br />02/01/2010 - 115,690.00 115,690.00 - 121,474.50 83,261.00 (38,213.50)
<br />02/01/2011 45,000.00 3.800% 115,690.00 160,690.00 168,724.50 169,648.00 923.50
<br />02/01/2012 100,000.00 3.900% 113,980.00 213,980.00 224,679.00 228,048.00 3,369.00
<br />02/01/2013 145,000.00 4.000% 110,080.00 255,080.00 267,834.00 267,705.00 (129.00)
<br />02/01/2014 160,000.00 4.050% 104,280.00 264,280.00 - 277,494.00 277,082.00 (412.00)
<br />02/01/2015 175,000.00 4.100% 97,800.00 272,800.00 - 286,440.00 286,787.00 347.00
<br />02/01/2016 190,000.00 4.150% 90,625.00 280,625.00 - 294,656.25 296,831.00 2,174.75
<br />02/01/2017 210,000.00 4.200% 82,740.00 292,740.00 - 307,377.00 307,228.00 (149.00)
<br />02/01/2018 225,000.00 4.250% 73,920.00 298,920.00 313,866.00 317,988.00 4,122.00
<br />02/01/2019 245,000.00 4.300% 64,357.50 309,357.50 324,825.38 329,125.00 4,299.63
<br />02/01/2020 270,000.00 4.350% 53,822.50 323,822.50 340,013.63 340,652.00 638.38
<br />02/01/2021 290,000.00 4.400% 42,077.50 332,077.50 348,681.38 352,582.00 3,900.63
<br />02/01/2022 315,000.00 4.450% 29,317.50 344,317.50 361,533.38 364,929.00 3,395.63
<br />02/01/2023 340,000.00 4.500% 15,300.00 355,300.00 373,065.00 377,709.00 4,644.00
<br />Total $2,710,000.00
<br />- $1,404,046.78 $4,114,046.78 (294,366.78) $4,010,664.00 $4,042,018.00 $31,354.00
<br />Dated 7/15/2006
<br />Delivery Date 7/15/2006
<br />First Coupon Date 2/01/2007
<br />Yield Statistics
<br />Bond Year Dollars $32,505.44
<br />Average Life 11.995 Years
<br />Average Coupon 4.3194203%
<br />Net Interest Cost (NIC) 4.4111281%
<br />True Interest Cost (TIC) 4.4305219%
<br />Bond Yield for Arbitrage Purposes 4.3095662%
<br />All Inclusive Cost (AIC) 4.5650098%
<br />2006 Tax Abatement Bonds / DINGLE PURPOSE / 5/75/2006 / 2:13 Pill
<br />Spr ngsted
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