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					1,545,000.00						3.700			0.00					392,277.50						1,937,277.50
					2009						9/1/09					495,000.00						3.800			755,972.50					755,972.50						2,006,945.00
					2010						9/1/10					575,000.00						3.900			746,567.50					746,567.50						2,068,135.00
					2011						9/1/11					660,000.00						4.000			735,355.00					735,355.00						2,130,710.00
					2012						9/1/12					750,000.00						4.100			722,155.00					722,155.00						2,194,310.00
					2013						9/1/13					845,000.00						4.200			706,780.00					706,780.00						2,258,560.00
					2014						9/1/14					950,000.00						4.300			689,035.00					689,035.00						2,328,070.00
					2015						9/1/15					1,060,000.00						4.400			668,610.00					668,610.00						2,397,220.00
					2016						9/1/16					1,180,000.00						4.500			645,290.00					645,290.00						2,470,580.00
					2017						9/1/17					1,305,000.00						4.600			618,740.00					618,740.00						2,542,480.00
					2018						9/1/18					1,445,000.00						4.700			588,725.00					588,725.00						2,622,450.00
					2019						9/1/19					1,590,000.00						4.800			554,767.50					554,767.50						2,699,535.00
					2020						9/1/20					1,745,000.00						4.900			516,607.50					516,607.50						2,778,215.00
					2021						9/1/21					1,915,000.00						5.000			473,855.00					473,855.00						2,862,710.00
					2022						9/1/22					2,100,000.00						5.100			425,980.00					425,980.00						2,951,960.00
					2023						9/1/23					2,295,000.00						5.200			372,430.00					372,430.00						3,039,860.00
					2024						9/1/24					2,505,000.00						5.300			312,760.00					312,760.00						3,130,520.00
					2025						9/1/25					2,735,000.00						5.400			246,377.50					246,377.50						3,227,755.00
					2026						9/1/26					2,975,000.00						5.500			172,532.50					172,532.50						3,320,065.00
					2027						9/1/27					3,240,000.00						5.600			90,720.00					90,720.00						3,421,440.00
												31,910,000.00													10,043,260.00					10,435,537.50					52,388,797.50
	True Interest Cost (TIC) . . . . . . . . . . . . . . . . . . . . . . . . . .																	5.1304374									Arbitrage Yield Limit (AYL)  . . . . . . . . . . . . . . . .  .										5.1304374
	Net Interest Cost (NIC) . . . . . . . . . . . . . . . . . . . . . . . . . .																	5.1659671									Arbitrage Net Interest Cost (ANIC) . . . . . . . . . . . . .										5.1659671
Prepared by:				CITY OF LAWRENCE																														:MUNIDB
Prepared on:				######				16:56		12.33				Rpt 14b																				MTPILOT-2008-B