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$605,000 Serial Bond - 15 years Level Debt Prepared For: Village of Gowanda Prepared By: Municipal Solutions, Inc. Project: Water Amount Borrowed: $1,061,075 Less BAN Payments: _ ($456,075) Amount to Bond: $605,000 Fiscal Principal Total Year Ending Payment Interest Interest Interest Total Debt Outstanding May 31: November 1 _ Rates November 1 May 1 Interest Service Bonds 2028 $15,000 5.000% $31,512.50 $15,381.25 $46,893.75 $61,893.75 $590,000 2029 30,000 5.000% 15,381.25 14,631.25 30,012.50 60,012.50 560,000 2030 30,000 5.000% 14,631.25 13,881.25 28,512.50 58,512.50 530,000 2031 35,000 5.000% 13,881.25 13,006.25 26,887.50 61,887.50 495,000 2032 35,000 5.000% 13,006.25 12,131.25 25,137.50 60,137.50 460,000 2033 35,000 5.000% 12,131.25 11,256.25 23,387.50 58,387.50 425,000 2034 40,000 5.250% 11,256.25 10,206.25 21,462.50 61,462.50 385,000 2035 40,000 5.250% 10,206.25 9,156.25 19,362.50 59,362.50 345,000 2036 45,000 5.250% 9,156.25 7,975.00 17,131.25 62,131.25 300,000 2037 45,000 5.250% 7,975.00 6,793.75 14,768.75 59,768.75 255,000 2038 45,000 5.250% 6,793.75 5,612.50 12,406.25 57,406.25 210,000 2039 50,000 5.250% 5,612.50 4,300.00 9,912.50 59,912.50 160,000 2040 50,000 5.375% 4,300.00 2,956.25 7,256.25 57,256.25 110,000 2041 55,000 5.375% 2,956.25 1,478.13 4,434.38 59,434.38 55,000 2042 55,000 5.375% 1,478.13 0.00 1,478.13 56,478.13 0 TOTALS $605,000 $160,278.13 _ $128,765.63 $289,043.75 _ $894,043.75 Assumes: $605,000 serial bond issued November 3, 2026 Bond Principal Due November 1, 2027 / 2041 Bond Interest Due November 1, 2027, and semiannually thereafter on May 1 and November 1 $605,000 Water $740,000 SB_ Water and Fire Truck_15 Yrs_9-28-26_Gowanda, V (4)