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<br />-------------------
<br />
<br />TABLE 14
<br />LAWMA INCOME MINUS OPERATING EXPENSES AND DEBT SERVICE
<br />1997 THROUGH 2038
<br />
<br />2009
<br />to 2038
<br />
<br /> (typical
<br />Item 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 year)
<br />Membership Dues 360,000 390,000 410,000 410,000 410,000 410,000 410,000 410,000 410,000 410,000 410,000 442,000 462,000
<br />Loans (new feasibility) 65,000
<br />Other 30,000 8,000 8,200 8,200 8,200 8,200 8,200 8,200 8,200 8,200 8,200 8,840 9,2401
<br />Total Income 455,000 398,000 418,200 418,200 418,200 418,200 418,200 418,200 418,200 418,200 418,200 450,840 471,240
<br />Operating 98,000 100,940 103,968 107,087 110,300 113,609 117,017 120,528 124,143 127,868 131,704 135,655 139,725
<br />Legal 90,000 80,000 60,000 30,000 30,000 30,000 30,000 50,000 90,000 90,000 30,000 5,000 5,000
<br />Engineering 80,000 60,000 40,000 30,000 30,000 30,000 30,000 50,000 60,000 60,000 30,000 30,000 30,000
<br />Debt Service 1 122,000 122,000 122,000 122,000 122,000 122,000 122,000 122,000 122,000 122,000 183,360 183,360 183,360
<br />Debt Service 2 8,114 8,114 8,114 8,114 8,114 8,114 8,114 8,114 8,114 8,114 8,114
<br />Debt Service 3 67,200 67,200 67,200 67,200 67,200 67,200 67,200 67,200 67,200 67,200 112,500 112,500
<br />Debt Service 4 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 0
<br />Total ExPenses 398,114 445,254 408,282 371,401 374,614 377,923 381,331 424,842 478,457 482,182 457,378 466,515 470,585
<br />Contingency and
<br />Reserve Fund 56,886 9,632 19,550 66,349 109,935 150,212 187,081 180,439 120,182 56,200 17,022 1,347
<br />
<br />1 = $3.75 million loan (1996)
<br />2 = $65,000 1st feasibility study
<br />3 = $2.24 million loan (proposed)
<br />4 = $65,000 new feasibility study
<br />
<br />L110, 40years,xls, 40Years
<br />
<br />6/16/9B.
<br />
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