Yearly Debt Service																			1
Dated:			6/1/2008
												Lawrence Library
Delivered:			6/1/2008
											Sales Tax Bonds
																										March					September						Yearly
				Fiscal Yr							Date						Principal				Rate						Interest					Interest					Debt Service
					2008						9/1/08					1,030,000.00						3.700			0.00					261,518.75						1,291,518.75
					2009						9/1/09					330,000.00						3.800			503,982.50					503,982.50						1,337,965.00
					2010						9/1/10					385,000.00						3.900			497,712.50					497,712.50						1,380,425.00
					2011						9/1/11					440,000.00						4.000			490,205.00					490,205.00						1,420,410.00
					2012						9/1/12					500,000.00						4.100			481,405.00					481,405.00						1,462,810.00
					2013						9/1/13					565,000.00						4.200			471,155.00					471,155.00						1,507,310.00
					2014						9/1/14					635,000.00						4.300			459,290.00					459,290.00						1,553,580.00
					2015						9/1/15					710,000.00						4.400			445,637.50					445,637.50						1,601,275.00
					2016						9/1/16					785,000.00						4.500			430,017.50					430,017.50						1,645,035.00
					2017						9/1/17					870,000.00						4.600			412,355.00					412,355.00						1,694,710.00
					2018						9/1/18					960,000.00						4.700			392,345.00					392,345.00						1,744,690.00
					2019						9/1/19					1,060,000.00						4.800			369,785.00					369,785.00						1,799,570.00
					2020						9/1/20					1,165,000.00						4.900			344,345.00					344,345.00						1,853,690.00
					2021						9/1/21					1,280,000.00						5.000			315,802.50					315,802.50						1,911,605.00
					2022						9/1/22					1,400,000.00						5.100			283,802.50					283,802.50						1,967,605.00
					2023						9/1/23					1,530,000.00						5.200			248,102.50					248,102.50						2,026,205.00
					2024						9/1/24					1,670,000.00						5.300			208,322.50					208,322.50						2,086,645.00
					2025						9/1/25					1,820,000.00						5.400			164,067.50					164,067.50						2,148,135.00
					2026						9/1/26					1,985,000.00						5.500			114,927.50					114,927.50						2,214,855.00
					2027						9/1/27					2,155,000.00						5.600			60,340.00					60,340.00						2,275,680.00
												21,275,000.00													6,693,600.00					6,955,118.75					34,923,718.75
	True Interest Cost (TIC) . . . . . . . . . . . . . . . . . . . . . . . . . .																	5.1301458									Arbitrage Yield Limit (AYL)  . . . . . . . . . . . . . . . .  .										5.1301458
	Net Interest Cost (NIC) . . . . . . . . . . . . . . . . . . . . . . . . . .																	5.1656889									Arbitrage Net Interest Cost (ANIC) . . . . . . . . . . . . .										5.1656889
Prepared by:				CITY OF LAWRENCE																														:MUNIDB
Prepared on:				######				16:51		12.33				Rpt 14b																				MTPILOT-2008-A