|
<br />
<br />
<br />Northland Securities, Inc. Page 8
<br />Attachment 2 – Estimated Levy Schedule
<br />
<br />Improvement Portion
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />Date Total P+I CIF 105% Levy
<br />Less: Special
<br />Assessment
<br />Revenue*Net Levy
<br />Levy
<br />Year
<br />Collection
<br />Year
<br />02/01/2025 93,382.36 (93,382.36)---
<br />02/01/2026 565,850.00 -594,142.50 132,135.53 462,006.97 2024 2025
<br />02/01/2027 566,270.00 -594,583.50 132,135.54 462,447.96 2025 2026
<br />02/01/2028 566,780.00 -595,119.00 132,135.53 462,983.47 2026 2027
<br />02/01/2029 567,425.00 -595,796.25 132,135.53 463,660.72 2027 2028
<br />02/01/2030 562,575.00 -590,703.75 132,135.53 458,568.22 2028 2029
<br />02/01/2031 567,395.00 -595,764.75 132,135.53 463,629.22 2029 2030
<br />02/01/2032 566,555.00 -594,882.75 132,135.52 462,747.23 2030 2031
<br />02/01/2033 564,972.50 -593,221.13 132,135.54 461,085.59 2031 2032
<br />02/01/2034 567,632.50 -596,014.13 132,135.53 463,878.60 2032 2033
<br />02/01/2035 564,347.50 -592,564.88 132,135.53 460,429.35 2033 2034
<br />02/01/2036 ---132,135.54 -2034 2035
<br />02/01/2037 ---132,135.53 -2035 2036
<br />02/01/2038 ---132,135.54 -2036 2037
<br />02/01/2039 ---132,135.52 -2037 2038
<br />02/01/2040 ---132,135.52 -2038 2039
<br />Total $5,753,184.86 (93,382.36)$5,942,792.63 $1,982,032.96 $4,621,437.32
<br />*Special assessment revenue is based on assessments totaling $1,411,310 assessed at a rate of 4.50% (1% over
<br />the average coupon, rounded to the nearest 0.25%), spread over 15 years with equal annual payments.
|