Note: Please contact TPFA for interest only amounts if deferring principal payments.
TEXAS PUBLIC FINANCE AUTHORITY
GENERAL OBLIGATION COMMERCIAL PAPER
Future Debt Service Estimation calculation
Enter Issuance Enter Issuance
FY2012 FY 2012
Date in Cell A11 Amount in Cell E11
Interest to be paid $ 45,123.29
Principal to be paid $ -
09/01/11 09/01/12 $ 1,000,000.00 4.50% 366.00 $45,123.29 Total Debt Service $45,123.29
FY2013 FY 2013
09/01/12 10/01/12 $ 1,000,000.00 4.50% 30.00 $3,698.63 Interest to be paid $ 42,934.93
10/01/12 $ (50,000.00) Principal to be paid $ 50,000.00
10/01/12 09/01/13 $ 950,000.00 4.50% 335.00 $39,236.30 Total Debt Service $92,934.93
FY2014 FY 2014
09/01/13 10/01/13 $ 950,000.00 4.50% 30.00 $3,513.70 Interest to be paid $ 40,684.93
10/01/13 $ (50,000.00) Principal to be paid $ 50,000.00
10/01/13 09/01/14 $ 900,000.00 4.50% 335.00 $37,171.23 Total Debt Service $90,684.93
FY2015 FY 2015
09/01/14 10/01/14 $ 900,000.00 4.50% 30.00 $3,328.77 Interest to be paid $ 38,434.93
10/01/14 $ (50,000.00) Principal to be paid $ 50,000.00
10/01/14 09/01/15 $ 850,000.00 4.50% 335.00 $35,106.16 Total Debt Service $88,434.93
FY2016 FY 2016
09/01/15 10/01/15 $ 850,000.00 4.50% 30.00 $3,143.84 Interest to be paid $ 36,283.56
10/01/15 $ (50,000.00) Principal to be paid $ 50,000.00
10/01/15 09/01/16 $ 800,000.00 4.50% 336.00 $33,139.73 Total Debt Service $86,283.56
FY2017 FY 2017
09/01/16 10/01/16 $ 800,000.00 4.50% 30.00 $2,958.90 Interest to be paid $ 33,934.93
10/01/16 $ (50,000.00) Principal to be paid $ 50,000.00
10/01/16 09/01/17 $ 750,000.00 4.50% 335.00 $30,976.03 Total Debt Service $83,934.93
FY2018 FY 2018
09/01/17 10/01/17 $ 750,000.00 4.50% 30.00 $2,773.97 Interest to be paid $ 31,684.93
10/01/17 $ (50,000.00) Principal to be paid $ 50,000.00
10/01/17 09/01/18 $ 700,000.00 4.50% 335.00 $28,910.96 Total Debt Service $81,684.93
FY2019 FY 2019
09/01/18 10/01/18 $ 700,000.00 4.50% 30.00 $2,589.04 Interest to be paid $ 29,434.93
10/01/18 $ (50,000.00) Principal to be paid $ 50,000.00
10/01/18 09/01/19 $ 650,000.00 4.50% 335.00 $26,845.89 Total Debt Service $79,434.93
FY2020 FY 2020
09/01/19 10/01/19 $ 650,000.00 4.50% 30.00 $2,404.11 Interest to be paid $ 27,258.90
10/01/19 $ (50,000.00) Principal to be paid $ 50,000.00
10/01/19 09/01/20 $ 600,000.00 4.50% 336.00 $24,854.79 Total Debt Service $77,258.90
FY2021 FY 2021
09/01/20 10/01/20 $ 600,000.00 4.50% 30.00 $2,219.18 Interest to be paid $ 24,934.93
10/01/20 $ (50,000.00) Principal to be paid $ 50,000.00
10/01/20 09/01/21 $ 550,000.00 4.50% 335.00 $22,715.75 Total Debt Service $74,934.93
FY2022 FY 2022
09/01/21 10/01/21 $ 550,000.00 4.50% 30.00 $2,034.25 Interest to be paid $ 22,684.93
10/01/21 $ (50,000.00) Principal to be paid $ 50,000.00
10/01/21 09/01/22 $ 500,000.00 4.50% 335.00 $20,650.68 Total Debt Service $72,684.93
FY2023 FY 2023
09/01/22 10/01/22 $ 500,000.00 4.50% 30.00 $1,849.32 Interest to be paid $ 20,434.93
10/01/22 $ (50,000.00) Principal to be paid $ 50,000.00
10/01/22 09/01/23 $ 450,000.00 4.50% 335.00 $18,585.62 Total Debt Service $70,434.93
FY2024 FY 2024
09/01/23 10/01/23 $ 450,000.00 4.50% 30.00 $1,664.38 Interest to be paid $ 18,234.25
10/01/23 $ (50,000.00) Principal to be paid $ 50,000.00
10/01/23 09/01/24 $ 400,000.00 4.50% 336.00 $16,569.86 Total Debt Service $68,234.25
FY2025 FY 2025
09/01/24 10/01/24 $ 400,000.00 4.50% 30.00 $1,479.45 Interest to be paid $ 15,934.93
10/01/24 $ (50,000.00) Principal to be paid $ 50,000.00
10/01/24 09/01/25 $ 350,000.00 4.50% 335.00 $14,455.48 Total Debt Service $65,934.93
FY2026 FY 2026
09/01/25 10/01/25 $ 350,000.00 4.50% 30.00 $1,294.52 Interest to be paid $ 13,684.93
10/01/25 $ (50,000.00) Principal to be paid $ 50,000.00
10/01/25 09/01/26 $ 300,000.00 4.50% 335.00 $12,390.41 Total Debt Service $63,684.93
FY2027 FY 2027
09/01/26 10/01/26 $ 300,000.00 4.50% 30.00 $1,109.59 Interest to be paid $ 11,434.93
10/01/26 $ (50,000.00) Principal to be paid $ 50,000.00
10/01/26 09/01/27 $ 250,000.00 4.50% 335.00 $10,325.34 Total Debt Service $61,434.93
FY2028 FY 2028
09/01/27 10/01/27 $ 250,000.00 4.50% 30.00 $924.66 Interest to be paid $ 9,209.59
10/01/27 $ (50,000.00) Principal to be paid $ 50,000.00
10/01/27 09/01/28 $ 200,000.00 4.50% 336.00 $8,284.93 Total Debt Service $59,209.59
FY2029 FY 2029
09/01/28 10/01/28 $ 200,000.00 4.50% 30.00 $739.73 Interest to be paid $ 6,934.93
10/01/28 $ (50,000.00) Principal to be paid $ 50,000.00
10/01/28 09/01/29 $ 150,000.00 4.50% 335.00 $6,195.21 Total Debt Service $56,934.93
FY2030 FY 2030
09/01/29 10/01/29 $ 150,000.00 4.50% 30.00 $554.79 Interest to be paid $ 4,684.93
10/01/29 $ (50,000.00) Principal to be paid $ 50,000.00
10/01/29 09/01/30 $ 100,000.00 4.50% 335.00 $4,130.14 Total Debt Service $54,684.93
FY2031 FY 2031
10/01/30 10/01/30 $ 100,000.00 4.50% 0.00 $0.00 Interest to be paid $ 2,065.07
10/01/30 $ (50,000.00) Principal to be paid $ 50,000.00
10/01/30 09/01/31 $ 50,000.00 4.50% 335.00 $2,065.07 Total Debt Service $52,065.07
FY2032 FY 2032
09/01/31 10/01/31 $ 50,000.00 4.50% 30.00 $184.93 Interest to be paid $ 184.93
10/01/31 $ (50,000.00) Principal to be paid $ 50,000.00
10/01/31 09/01/32 $ - 4.50% 336.00 $0.00 Total Debt Service $50,184.93
Outstanding Principal Outstanding Interest
$ 1,000,000.00 $476,198.63 Est Total DS Pmts $1,476,198.63
TEXAS PUBLIC FINANCE AUTHORITY
GENERAL OBLIGATION COMMERCIAL PAPER
DEBT SERVICE ESTIMATE
Level Principal Payments
Fiscal Year Principal Interest Total Interest Rate
2012 - 45,123 45,123 4.50%
2013 50,000 42,935 92,935 4.50%
2014 50,000 40,685 90,685 4.50%
2015 50,000 38,435 88,435 4.50%
2016 50,000 36,284 86,284 4.50%
2017 50,000 33,935 83,935 4.50%
2018 50,000 31,685 81,685 4.50%
2019 50,000 29,435 79,435 4.50%
2020 50,000 27,259 77,259 4.50%
2021 50,000 24,935 74,935 4.50%
2022 50,000 22,685 72,685 4.50%
2023 50,000 20,435 70,435 4.50%
2024 50,000 18,234 68,234 4.50%
2025 50,000 15,935 65,935 4.50%
2026 50,000 13,685 63,685 4.50%
2027 50,000 11,435 61,435 4.50%
2028 50,000 9,210 59,210 4.50%
2029 50,000 6,935 56,935 4.50%
2030 50,000 4,685 54,685 4.50%
2031 50,000 2,065 52,065 4.50%
2032 50,000 185 50,185 4.50%
Total 1,000,000 476,199 1,476,199