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Tax Levy Calculation For:
<br /> City of St.Anthony,Minnesota
<br /> $9,495,000 General Obligation Bonds,Series 2012A
<br /> Dated Date: 4/25/2012
<br /> Improvement Portion:`
<br /> (2) (3) (4)
<br /> Levy Collect Pay Total Paid from Funds P&I Less: Less: Less: Net
<br /> Year Year Year P&I Escrow Available(1) x 105% Spec Assmts Spec Assmts Spec Assmts Levy
<br /> 2011 / 2012 / 2013 88,665.00 51,088.75 37,576.25 0.00 0.00
<br /> 2012 / 2013 / 2014 490,650.00 28,625.00 485,126.25 43,376.18 18,564.38 423,185.69
<br /> 2013 / 2014 / 2015 568,150.00 596,557.50 43,376.18 18,564.38 15,643.79 518,973.15
<br /> 2014 / 2015 / 2016 568,950.00 597,397.50 43,376.18 18,564.38 15,643.79 519,813.15
<br /> 2015 / 2016 / 2017 574,550.00 603,277.50 43,376.18 18,564.38 15,643.79 525,693.15
<br /> 2016 / 2017 / 2018 569,850.00 598,342.50 43,376.18 18,564.38 15,643.79 520,758.15
<br /> 2017 / 2018 / 2019 570,050.00 598,552.50 43,376.18 18,564.38 15,643.79 520,968.15
<br /> 2018 / 2019 / 2020 575,050.00 603,802.50 43,376.18 18,564.38 15,643.79 526,218.15
<br /> 2019 / 2020 / 2021 579,750.00 608,737.50 43,376.18 18,564.38 15,643.79 531,153.15
<br /> 2020 / 2021 / 2022 584,150.00 613,357.50 43,376.18 18,564.38 15,643.79 535,773.15
<br /> 2021 / 2022 / 2023 347,977.50 365,376.38 43,376.18 15,643.79 306,356.41
<br /> 2022 / 2023 / 2024 175,937.50 184,734.38 43,376.18 141,358.20
<br /> 2023 / 2024 / 2025 177,372.50 186,241.13 43,376.18 142,864.95
<br /> 2024 / 2025 / 2026 173,292.50 181,957.13 43,376.18 138,580.95
<br /> 2025 / 2026 / 2027 174,212.50 182,923.13 43,376.18 139,546.95
<br /> 2026 / 2027 / 2028 174,675.00 183,408.75 43,376.18 140,032.57
<br /> Totals 6,393,282.50 79,713.75 37,576.25 6,589,792.13 650,642.70 167,079.42 140,794.11 5,631,275.90
<br /> Consists of the 2006A and Series 2007A Bonds refunding portion and the new money portion(road reconstruction project).
<br /> (1) Capitalized interest in the amount of$37,576.25 will be used to pay the interest payment due on February 1,2013
<br /> on the new money portion of the Bonds(road reconstruction project).
<br /> (2) Projected special assessment revenue is based on$474,279.55 assessed at 4.24%(new money portion-road reconstruction project).
<br /> (3) Projected special assessment revenue is based on the remaining assessments pledged to the Series 2006A Bonds.
<br /> (4) Projected special assessment revenue is based on the remaining assessments pledged to the Series 2007A Bonds.
<br /> Cashflow and levy needs should be reviewed annually to account for prepaid and/or delinquent assessments.
<br /> Notes: The interest payment due February 1,2013 on the Series 2006A Bonds,and the interest payments due February 1,2013 through February 1,2014 on the Series
<br /> 2007A Bonds will be paid from the Escrow Account.Original tax levies for collection years 2013 through 2021 on the Series 2006A Bonds,and collections year;
<br /> 2014 through 2022 on the Series 2007A Bonds willl be cancelled.
<br /> EHLERS
<br /> • 11350CiINC
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