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$135,000 Serial Bond - 5 years Level Debt Prepared For: Village of Gowanda Prepared By: Municipal Solutions, Inc. Project: Fire Truck Amount Borrowed: $224,000 Less BAN Payments: ($89,000) Amount to Bond: $135,000 Fiscal Principal Total Year Ending Payment Interest Interest Interest Total Debi Outstanding May 31: November I Rates November 1 May 1 Interest Service Bonds 2028 $20,000 5.000% $6,750.00 $2,875.00 $9,625.00 $29,625.00 $115,000 2029 25,000 5.000% 2,875.00 2,250.00 5,125.00 30,125.00 90,000 2030 30,000 5.000% 2,250.00 1,500.00 3,750.00 33,750.00 60,000 2031 30,000 5.000% 1,500.00 750.00 2,250.00 32,250.00 30,000 2032 30,000 5.000% 750.00 0.00 750.00 30,750.00 0 TOTALS $135,000 $14,125.00 $7,375.00 $21,500.00 _ $156,500.00 Assumes: $135,000 serial bond issued Novernber 3, 2026 Bond Principal Due November 1, 2027 / 2031 Bond Interest Due November 1, 2027, and semiannually thereafter on May 1 and November 1 $135,000 Fire Truck $740,000 SB_Water and Fire Truck_15 Yrs_9-28-26_Gowanda, V (4)