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Table 5-3 .
<br />Schedule of Revenue and Expendltures
<br />Assum tians Finencin
<br />Loan Amount @ 90% Plus l% Fee $904,960 (rounded) Source - Share Princi al Rate Years Pa ment
<br />Number of Shares q00 2008 Loan @ 90% 90.0% $904,960 2.60 % 30 $43,815.41
<br />Annual Operating Expenses 0.5%
<br />lnterest on Reserves 6%
<br /> Annual Revenues Annual Expeditures
<br />
<br />
<br />Year of
<br />O eration
<br />
<br />
<br />ear
<br />Total
<br />Assessments
<br />Re uired
<br />Assessments
<br />Per Member
<br />Re uired
<br />A~vmal
<br />Operating
<br />Ex enses
<br />
<br />Loan Reserve Fund
<br />Annual Summation Payments
<br />on
<br />CWCB
<br />Loan CWCB
<br />Interest on
<br />Reserve
<br />Funds
<br />
<br />Total
<br />Ex enditures
<br />
<br />Debt Service
<br />Covera e Ratio
<br />
<br />1 2008 $55,22~ $138 $2,500 $4,382 $4,382 $43,815 $263 $50,434 1.10
<br />2 2009 $54,951 $137 $2,513 $4 382 $8,763 $43 815 $526 $50,184 1.10
<br />3 2010 $54,674 $137 $2,525 $4,382 $13 145 $43 815 $7$9 $49,933 1.10
<br />4 2011 $54,398 $136 $2,538 $4,382 $17,526 $43,815 $1,052 $49,683 1.10
<br />5 2012 $54 121 $135 $2,550 $4,382 $21,908 $43 815 $1,314 $49,433 1.10
<br />6 2013 $53,845 $135 $2,563 $4,382 $26,289 $43 815 $1,577 $49,183 1.10
<br />7 2014 $53,568 $134 $2,576 $4,382 $30,671 $43,815 $1,840 $48,933 1.10
<br />8 2015 $53,292 $133 $2 589 $4,382 $35 052 $43 815 $2 103 $48 683 1.10
<br />9 2016 $53,016 $133 $2,602 $4,382 $39,434 $43,815 $2,366 $48,433 1.10
<br />10 2017 $52,740 $132 $2,615 $4,382 $43,815 $43,815 $2,629 $48 183 I.10
<br />ll 2018 $47,933 $120 $2 628 $43,815 $43,815 $2,629 $43 814 1.10
<br />12 2019 $47,946 $120 $2,641 $43,815 $43,815 $2 629 $43,827 1.10
<br />]3 2020 $47,959 $120 $2,654 $43,815 $43,815 $2,629 $43,841 1.10
<br />14 2021 $47,973 $120 $2 667 $43,815 $43,815 $2,629 $43 854 ],10
<br />15 2022 $47,986 $120 $2,681 $43,815 $43,815 $2 629 $43,867 1.10
<br />16 2023 $47,999 $120 $2 694 $43,815 $43,815 $2 629 $43,881 1.10
<br />1~ 2024 $48,013 $120 $2,708 $43,815 $43,815 $2,629 $43 894 1.10
<br />IS 2025 $48,026 $120 $2,721 $43,815 $43,815 $2,629 $43,908 1.10
<br />19 2026 $48,040 $I20 $2,735 $43 815 $43 815 $2,629 $43,921 1.10
<br />20 2027 $48,054 $120 $2 748 $43,815 $43,815 $2,629 $43,935 1.10
<br />21 2028 $48 067 $120 $2,762 $43,815 $43,815 $2,629 $43,949 I.10
<br />22 2029 $48 081 $120 $2 776 $43 815 $43 815 $2,629 $43 963 1.10
<br />23 2030 $48,095 5120 $2,790 $43,815 $43,815 $2,629 $43,976 I.10
<br />24 2031 $48,109 $120 $2,804 $43,815 $43,815 $2,629 $43,990 1.10
<br />25 2032 $48 123 $120 $2,818 $43,815 $43,815 $2 629 $44,004 1.10
<br />26 2033 $48 137 $120 $2 832 $43,815 $43,815 $2,629 $44,018 1.10
<br />27 2034 $48,151 $120 $2,846 $43,815 $43,815 $2,629 $44,033 1.10
<br />28 2035 $48,166 $120 $2 860 $43 815 $43 815 $2 629 $44 047 1.10
<br />29 2036 $48,180 $12Q $2,875 $43,815 $43,815 $2629 $44,061 I.10
<br />30 2037 $2,889 $7 $2 889 543,815 $0 $43 815 $0 $2 889 1.10
<br />
<br />Totals $1,455,759 $80,700 $0 $1,073,478 $1,314,462 $64,409 $1,330,754
<br />
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