|
MASTERSON
<br />kb,./ ADVISORS LIC
<br />Date
<br />SAVINGS
<br />Indian River County, Florida
<br />Optional Redemption of Series 2009 Bonds
<br />Prior . Refunding
<br />Debt Service Net Cash Flow
<br />Savings
<br />Present Value
<br />Annual to 09/01/2019
<br />Savings @ 2.1000000%
<br />03/01/2020 282,875.00 282,875.00 279,935.68
<br />09/01/2020 2,597,875.00 2,597,875.00 2,880,750.00 2,544,167.00
<br />03/01/2021 225,000.00 225,000.00 218,058.77
<br />09/01/2021 2,655,000.00 2,655,000.00 2,880,000.00 2,546,356.78
<br />03/01/2022 164,250.00 164,250.00 155,891.99
<br />09/01/2022 2,714,250.00 2,714,250.00 2,878,500.00 2,549,364.53
<br />03/01/2023 100,500.00 100,500.00 93,413.97
<br />09/01/2023 2,780,500.00 2,780,500.00 2,881,000.00 2,557,598.43
<br />03/01/2024 33,500.00 33,500.00 30,494.25
<br />09/01/2024 1,373,500.00 1,373,500.00 1,407,000.00 1,237,272.86
<br />12,927,250.00 0.00 12,927,250.00 12,927,250.00 12,212,554.25
<br />PV of savings from cash flow
<br />Less: Prior funds on hand
<br />Savings Summary
<br />12,212,554.25
<br />-11,320,000.00
<br />Net PV Savings 892,554.25
<br />Jul 2, 2019 1:48 pm Prepared by Masterson Advisors LLC (kgb) (Finance 8.001 Indian River County, Florida:WWSS-2019_REF,20F) Page 4
<br />
|