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HomeMy WebLinkAbout106-Attachment E.pdfJun 29, 2011 1:27 pm Prepared by PFM Group Page 4 SAVINGS City of Saratoga Series 2011 GO Refunding Final Numbers Present Value PriorRefundingto 07/14/2011 DateDebt ServiceDebt ServiceSavings@ 3.3004840% 08/01/20121,025,456.26891,728.32133,727.94130,608.86 08/01/20131,025,706.26892,935.00132,771.26125,729.62 08/01/20141,024,956.26893,235.00131,721.26120,647.60 08/01/20151,023,206.26888,335.00134,871.26119,435.58 08/01/2016985,456.26853,335.00132,121.26113,168.73 08/01/2017983,456.26849,085.00134,371.26111,317.52 08/01/2018985,456.26849,535.00135,921.26108,907.81 08/01/2019986,206.26854,535.00131,671.26102,107.68 08/01/2020985,706.26853,535.00132,171.2699,163.48 08/01/2021988,287.50851,735.00136,552.5099,089.75 08/01/2022984,331.26849,785.00134,546.2694,432.09 08/01/2023989,093.76856,585.00132,508.7689,978.24 08/01/2024987,062.50852,185.00134,877.5088,584.72 08/01/2025987,675.00851,985.00135,690.0086,196.94 08/01/2026991,450.00859,060.00132,390.0081,337.41 08/01/2027988,125.00855,085.00133,040.0079,032.27 08/01/2028987,962.50854,000.00133,962.5076,948.49 08/01/2029990,700.00854,800.00135,900.0075,483.79 08/01/2030986,075.00854,400.00131,675.0070,725.06 08/01/2031989,350.00852,800.00136,550.0070,911.68 19,895,718.8617,218,678.322,677,040.541,943,807.31 Savings Summary PV of savings from cash flow1,943,807.31 Plus: Refunding funds on hand3,291.74 Net PV Savings1,947,099.05