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<br /> . .
<br /> CITY OF LA PORTE, TEXAS
<br /> WATERWO.RXS &. SEWER SYSTEM REFUNDING BONDS
<br /> SERIES 1994
<br /> SAVINGS REPORT
<br /> ----- - PROPOSED DEBT SERVICE - - PRIOR CUMULATIVE
<br />DATE PRINCIPAL COUPON INTEREST TOTAL D/S SAVINGS SAVINGS
<br />9/15/94 53,515.25 53,515.25 73,815.00 20,299.75 20,299,75
<br />3/15/95 65,000.00 3.350000 58,736.25
<br />9/15/95 57,647,50 181,383,75 147,630.00 -33,753.75 -13,454,00
<br />3/15/96 105,000,00 3.600000 57,647.50
<br />9/15/96 55,757.50 218,405.00 147,630.00 -70,775.00 -84,229.00
<br />3/15/97 80,000.00 3.850000 55,757,50
<br />9/15/97 54,217.50 189,975.00 147,630.00 -42,345.00 -126,574,00
<br />3115/98 85,000.00 4.100000 54,217.50
<br />9115/98 52,475.00 191,692.50 147,630.00 -44,062.50 -170,636.50
<br />3/15/99 90,000.00 4,300000 52,475.00
<br />9/15/99 50,540.00 193,015.00 147,630.00 -45,385.00 -216,021.50
<br />3/15/ 0 95,000.00 4.400000 50,540.00
<br />9/15/ 0 48,450.00 193,990.00 147,630.00 -46,360.00 -262,381.50
<br />3/15/ 1 100,000.00 4.650000 48,450.00
<br />9/15/ 1 46,125.00 194,575.00 147,630.00 -46,945.00 -309,326.50
<br />3/15/ 2 400,000.00 4.800000 46,125,00
<br />9/15/ 2 36,525.00 482,650.00 462,067.50 -20,582.50 -329,909.00
<br />3/15/ 3 400,000.00 4,950000 36,525.00
<br />9/15/ 3 26,625.00 463,150,00 436,105.00 -27,045.00 -356,954.00
<br />3/15/ 4 455,000.00 5.050000 26,625.00
<br />9/15/ 4 15,136.25 496,761.25 501,820.00 5,058.75 -351,895.25
<br />3/15/ 5 440,000.00 5.150000 15,136.25
<br />9/15/ 5 3,806.25 458,942,50 469,217.50 10,275.00 -341,620.25
<br />3/15/ 6 145,000.00 5.250000 3,806,25
<br />9/15/ 6 148,806.25 147,000.00 -1,806,25 -343,426.50
<br />3/15/ 7
<br />9/15/ 7 139,875.00 139,875.00 -203,551.50
<br />3/15/ 8
<br />9/15/ 8 156,718.75 156,718.75 -46,832,75
<br />3/15/ 9
<br />9/15/ 9 147,656.25 147,656.25 100,823,50
<br />3/15110
<br />9/15/10 138,593.75 138,593.75 239,417.25
<br />3/15/11
<br />9/15/11 129,531.25 129,531.25 368,948.50
<br /> -------------- -------------- -------------- -------------- --------------
<br /> 2,460,000.00 1,006,861.50 3,466,861.50 3,835,810.00 368,948,50
<br />ACCRUED 4,242.06 4,242,06 4,242.06
<br /> 2,460,000.00 1,002,619.44 3,462,619.44 3,835,810.00 373,190.56
<br />DATED 4/ 1/94 WITH DELIVERY OF 4/14/94
<br />BOND YEARS 20,395.667
<br />AVERAGE COUPON 4.937
<br />AVERAGE LIFE 8.291
<br />N I C % 5.017941 % USING 99.3259710
<br />TIC % 5.025260 % USING 99.3259710
<br />
<br />BOND INSURANCE: 0.780956 % OF
<br />(TOTAL DEBT SERVICE - ACCRUED - CAP, INT.) =
<br />
<br />27,041.52
<br />
<br />NET PRESENT VALUE SAVINGS AT :
<br />
<br />5.1946% EQUALS
<br />
<br />57,687,02 OR
<br />
<br />2.3450% OF PAR
<br />
<br />PREPARED BY MORONEY, BEISSNER &. CO., INC.
<br />
<br />RUNDATE: 03-16-1994 @ 15:44:12
<br />
<br />FILENAME: LPREV
<br />
<br />KEY: 94REF JL
<br />
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