VAN BUREN CHARTER TOWNSHIP DASHBOARD

VAN BUREN CHARTER TOWNSHIP DASHBOARD Fiscal Stability 2011 2012 Progress Annual General Fund expenditures per capita 419 429 Fund balance (General Fund only) as % of annual General Fund Expenditures 64.77% 67.45% Fund balance (General Fund and Landfill) as % of annual General Fund Expenditures 64.77% 67.45% Bond Ratings (Standard and Poor's ratings) AA- AA- Unfunded OPEB liability as a % of General Fund revenue 47.88% 57.45% Debt burden per capita (All non-water/sewer related outstanding debt) 1,174 1,184 Ratio of full time employees to retirees 5.22 5.44 Number of services delivered via cooperative venture 16 26 Public Safety 2011 2012 Progress Violent crimes 225 392 Non-Violent crimes 2100 2061 Traffic crash injuries or fatalities 106 120 Traffic crash non-injury 560 385 Quality of Life 2011 2012 Progress Percent of General Fund budget committed to arts, culture and recreation 6.09% 5.42% Acres of park, recreation and open space available to community 970 970 Percent of residential community with curbside recycling (provided free of charge) 100% 100% Economic Strength 2011 2012 Progress % of community with access to high speed broadband - (via private or public accessability) 100% 100% % of community age 25+ with BS or higher 26.80% 26.80% Average age of critical infrastructure (years) 20 20 Transparency 2011 2012 Progress Number of Township Meetings telecast on Cable Channel VBTV12 6 48 General Budget on-line Yes Yes Special Revenue Budgets on-line Yes Yes Live Cast Board Meeting on G-TV12 Yes Yes Tape and Replay Committee Meetings on G-TV12 5 48 Meetings available online via Live Stream 6 48 Township Audit on Website Yes Yes

Taxes Licenses & permits from Federal Govt. from State Govt. Charges for services Fines & forfeitures Interest income Other revenue CITIZENS' GUIDE TO LOCAL UNIT FINANCES - Van Buren Township 1. Where our money comes from (all governmental funds) 2. Compared to the prior year REVENUES Taxes Licenses & permits from Federal Govt. from State Govt. Charges for services Fines & forfeitures Interest income 2011 2012 % change Taxes $ 4,400,676 $ 4,035,415-8% Licenses & permits $ 361,292 $ 361,753 0% from Federal Govt. $ 131,315 $ 88,090-33% from State Govt. $ 2,209,906 $ 2,304,625 4% Charges for services $ 826,522 $ 686,276-17% Fines & forfeitures $ 647,244 $ 753,129 16% Interest & rent $ 143,785 $ 80,807-44% Other revenue $ 4,446,198 $ 5,000,809 12% $ 13,166,938 $ 13,310,904 1% Other revenue 3. Revenue sources per capita - compared to the prior year 4. Historical trends of individual sources 200 180 160 140 120 100 80 60 20 40-2011 2012 18,000,000 16,000,000 14,000,000 12,000,000 10,000,000 8,000,000 6,000,000 4,000,000 2,000,000-2006 2007 2008 2009 2010 2011 2012 Commentary: Interest rate yields peaked in the 3rd quarter of 2007 and significantly dropped starting in the 1st quarter of 2008 to the present. A significant portion of "Other Revenue" is due to the annual tranfer of funds from the Landfill Fund to the General Fund, primarily to supplement Public Safety. For more information on our unit's finances, contact Sean Bellingham at 734-699-8900 x9214.

General government Police & fire Other public safety Other public works Community & economic development Recreation & culture Insurance and other Debt service CITIZENS' GUIDE TO LOCAL UNIT FINANCES - Van Buren Township 1. Where we spend our money (all governmental funds) 2. Compared to the prior year General government Police & fire Other public safety Other public works Community & economic development Recreation & culture 2011 2012 % change General government $ 2,018,361 $ 2,115,592 5% Police & fire $ 8,371,760 $ 8,144,185-3% Other public safety $ 481,223 $ - #DIV/0! Other public works $ 294,014 $ 231,062-27% Community & economic developm$ 173,057 $ 177,369 2% Recreation & culture $ 809,485 $ 725,393-12% Insurance and other $ 628,170 $ 644,705 3% Debt Service $ 449,046 $ 640,564 30% total expenditures $ 13,225,116 $ 12,678,870-4% EXPENDITURES Insurance and other 3. Spending per capita - compared to the prior year 4. Historical trends of individual departments: 350 300 250 200 150 100 50-18,000,000 16,000,000 14,000,000 12,000,000 10,000,000 8,000,000 6,000,000 4,000,000 2,000,000 2011 2012-2008 2009 2010 2011 2012 Commentary: For more information on our unit's finances, contact Sean Bellingham at 734-699-8900 x9214.

CITIZENS' GUIDE TO LOCAL UNIT FINANCES - Van Buren Township 1. How have we managed our governmental fund resources (fund balance)? 2. Compared to the prior year 18,000,000 16,000,000 14,000,000 12,000,000 10,000,000 8,000,000 6,000,000 4,000,000 2,000,000 FINANCIAL POSITION 2011 2012 % change Revenue 13,166,938 13,310,904 1% Expenditures 13,225,116 12,678,870-4% Surplus (shortfall) (58,178) 632,034-1186% Fund balance, by component: Restricted 736,163 859,235 17% Assigned 4,431,035 3,997,181-10% Undesignated fund balance 3,255,386 4,198,202 29% total fund balance 8,422,584 9,054,618 8% - 2008 2009 2010 2011 2012 Total Revenue Total Expense Total Fund Balance 3. Fund balance per capita - compared to the prior year 4. Historical trends of individual components 350 12,000,000 300 10,000,000 250 8,000,000 200 150 100 6,000,000 4,000,000 50 2,000,000-2010 2011 2012-2008 2009 2010 2011 2012 Undesignated fund balance Assigned Restricted Undesignated fund balance Assigned Restricted Commentary: For more information on our unit's finances, contact Sean Bellingham at 734-699-8900 x9214.

CITIZENS' GUIDE TO LOCAL UNIT FINANCES - Van Buren Township OTHER LONG TERM OBLIGATIONS 1. Pension funding status 2. Retiree Health care funding status 3. Percent funded - compared to the prior year 14,000,000 25,000,000 80% 12,000,000 10,000,000 8,000,000 20,000,000 15,000,000 78% 76% 6,000,000 4,000,000 10,000,000 74% 72% 2,000,000 - Dec-08 Dec-09 Dec-10 Dec-11 Assets Actuarial Liability 5,000,000 - Dec-09 Dec-10 Dec-11 Assets Actuarial Liability 70% 68% Pensions 12/31/2009 12/31/2010 12/31/2011 4. Long Term Debt obligations: 5. Debt & other long term obligations per capita - compared to the prior year 12,000,000 400 10,000,000 8,000,000 6,000,000 4,000,000 Net other postemployment benefits Employee compensated absences 350 300 250 200 150 Net other postemployment benefits Employee compensated absences Structured debt 2,000,000 Structured debt 100 50-2008 2009 2010 2011 2012-2010 2011 2012 Commentary: For more information on our unit's finances, contact Sean Bellingham at 734-699-8900 x9214.

GENERAL FUND BUDGET PROJECTION - VAN BUREN CHARTER TOWNSHIP AMENDED AND PROPOSED BUDGETS NOT BOARD APPROVED Revenue 2013 2014 Taxes 790,100 785,500 Public Safety Revenue 3,360,000 3,400,000 Licenses & permits 329,850 372,650 Trailer Fees 8,850 8,850 from State Govt. 2,260,424 2,269,700 Charges for services 695,650 677,950 Fines & forfeitures 1,037,808 1,037,808 Interest & rent 40,000 40,000 Other revenue 1,037,572 1,073,161 Transfers in 3,798,593 4,462,899 Total Revenue 13,358,847 14,128,518 Expenditures Township Board 303,045 303,394 Supervisor's Office 232,358 238,010 Elections 72,808 131,942 Accounting 62,500 70,000 Attorney 270,000 270,000 Clerk's Office 383,566 387,678 IT Department 197,800 237,445 Assessing 228,459 199,654 General Office 75,500 90,500 Treasurer's Office 291,071 299,825 Buildings & Grounds 986,399 1,048,235 Cemetery 6,850 10,350 Police Department 5,458,491 5,425,311 Dispatch 791,521 801,312 Animal Control 62,250 63,000 Fire Department 1,501,444 1,898,344 Planning/Building Dept 695,677 821,760 Public Services 230,000 232,000 Community Services 120,728 124,250 Recreation Department 286,070 309,875 Senior Citizens Dept 187,170 227,768 Cable Department 68,290 80,995 Park & Lake Department 167,150 177,170 Dam-French Landing 2,200 2,200 Insurance and Fringes 677,500 677,500 Total Expenditures 13,358,847 14,128,518 Anticipated expenditure variance from budget Anticipated total expenditures 13,358,847 14,128,518 Surplus (shortfall) - - Financial position - General Fund Beginning fund balance 4,008,956 3,355,044 Ending fund balance 3,355,044 1,936,826 Amended Proposed Informational Comments Because budget appropriations are a maximum, we typically spend about 2-5%% less than budget. ASSUMPTIONS USED IN GENERATING SECOND YEAR PROJECTION "Transfers In" include transfers from both the Landfill and 911 Funds. Also include "transfers" from General Fund Balance Reserves in order to balance budget. 2014 Proposed budget is in the preliminary stages. Proposed departmental expenditures have been prepared and submitted, for discussion between management and the Township Board. Proposed expenditures will undoubted be reduced in order to minimize the use of General Fund Balance Reserves. Assumed transfers from both Landfill and 911 Funds would remain the same for 2013 amended and 2014 proposed. Contact information: For more information on our unit's finances, contact Sean Bellingham at (734-699-8900 ext 9214)

Van Buren Township Detailed Debt Schedule 12/31/12 592-000-300007 2011 592-000-300008 SHV Sewer Bond 592-000-300025 SHV Plant Expansion Bond #5386-01 SRF Loan #5117-Local 11 Issuance Date 1998 2011 1995 Issuance Amt 7,685,892 493,198 214,630 Repayment Source Water/Sewer Water/Sewer Water/Sewer Principal Interest Principal Interest Principal Interest 2013 401,720 78,372 20,296 12,130 10,000 500 2014 410,485 69,332 21,076 11,417 15,000 300 2015 420,710 60,096 21,857 10,881 2016 429,475 50,630 22,637 10,324 2017 439,701 40,968 22,637 9,758 2018 449,926 31,074 23,418 9,183 2019 460,152 20,950 24,199 8,588 2020 471,001 10,598 24,979 7,973 2021 24,979 7,348 2022 25,760 6,714 Subtotal 2018-2022 1,381,079 62,622 123,335 39,806 - - 2023 26,540 6,060 2024 27,321 5,387 2025 28,102 4,694 2026 28,882 3,982 2027 29,663 3,250 Subtotal 2023-2027 - - 140,508 23,373 - - 2028 30,443 2,499 2029 30,443 1,738 2030 31,224 967 2031 1,184 288 2032 Subtotal 2028-2032 - - 93,294 5,492 - - 2033 2034 2035 2036 2037 Subtotal 2033-2037 - - - - - - 3,483,170 362,020 465,640 123,181 25,000 800 Page 1 of 14

Van Buren Township Detailed Debt Schedule 12/31/12 Issuance Date Issuance Amt Repayment Source 592-000-300026 592-000-300026 592-000-300026 SRF Project #5117-02 SRF Project #5117-03 SRF Project #5117-15 1994 1995 1997 40,075 319,618 1017529 Water/Sewer Water/Sewer Water/Sewer 2013 2014 2015 2016 2017 Principal Interest Principal Interest Principal Interest 2,373 94 18,788 1,296 55,884 7,978 2,373 48 19,240 874 57,015 6,722 19,580 440 58,453 5,438 59,685 4,124 61,124 2,780 2018 2019 2020 2021 2022 Subtotal 2018-2022 62,459 1,406 - - - - 62,459 1,406 2023 2024 2025 2026 2027 Subtotal 2023-2027 - - - - - - 2028 2029 2030 2031 2032 Subtotal 2028-2032 - - - - - - 2033 2034 2035 2036 2037 Subtotal 2033-2037 - - - - - - 4,746 142 57,608 2,610 354,620 28,448 Page 2 of 14

Van Buren Township Detailed Debt Schedule 12/31/12 Issuance Date Issuance Amt Repayment Source 592-000-300026 592-000-300028 592-000-300026 SRF Project #5117-18, 19, 21 SRF Project #5117-20 SRF Project #5117-23 1997 1999 1997 90,655 12,951 2,227 Water/Sewer Water/Sewer Water/Sewer 2013 2014 2015 2016 2017 Principal Interest Principal Interest Principal Interest 5,072 580 684 150 123 14 5,200 466 700 132 128 12 5,311 350 716 114 134 10 5,290 230 737 96 134 6 4,939 112 754 78 139 4 2018 2019 2020 2021 2022 Subtotal 2018-2022 775 60 791 40 813 20 - - 2,379 120 - - 2023 2024 2025 2026 2027 Subtotal 2023-2027 - - - - - - 2028 2029 2030 2031 2032 Subtotal 2028-2032 - - - - - - 2033 2034 2035 2036 2037 Subtotal 2033-2037 - - - - - - 25,812 1,738 5,970 690 658 46 Page 3 of 14

Van Buren Township Detailed Debt Schedule 12/31/12 Issuance Date Issuance Amt Repayment Source 592-000-300026 592-000-300026 592-000-300026 SRF Project #5117-24 SRF Project #5117-25 SRF Project #5117-31 1998 1999 1998 84,738 73,696 87,757 Water/Sewer Water/Sewer Water/Sewer 2013 2014 2015 2016 2017 Principal Interest Principal Interest Principal Interest 4,439 866 3,867 754 4,799 690 4,548 766 3,955 668 5,028 582 4,650 664 4,042 578 5,028 468 4,753 560 4,129 488 5,142 354 4,862 452 4,239 394 5,256 240 2018 2019 2020 2021 2022 Subtotal 2018-2022 4,979 344 4,326 298 5,371 120 5,081 232 4,435 202 5,205 118 4,523 102 15,265 694 13,284 602 5,371 120 2023 2024 2025 2026 2027 Subtotal 2023-2027 - - - - - - 2028 2029 2030 2031 2032 Subtotal 2028-2032 - - - - - - 2033 2034 2035 2036 2037 Subtotal 2033-2037 - - - - - - 38,517 4,002 33,516 3,484 30,624 2,454 Page 4 of 14

Van Buren Township Detailed Debt Schedule 12/31/12 Issuance Date Issuance Amt Repayment Source 592-000-300026 592-000-300026 592-000-300029 SRF Project #5117-32 SRF Project #5117-34 SRF Project #5117-01 1999 2000 1999 245,094 115,041 2,491 Water/Sewer Water/Sewer Water/Sewer 2013 2014 2015 2016 2017 Principal Interest Principal Interest Principal Interest 13,162 2,200 5,882 1,397 141 25 13,475 1,904 5,995 1,249 141 22 13,788 1,602 6,221 1,096 141 18 14,102 1,292 6,335 939 141 15 14,415 974 6,561 778 164 11 2018 2019 2020 2021 2022 Subtotal 2018-2022 14,728 650 6,674 612 164 7 14,138 318 6,900 442 164 3 - - 7,013 268 29 1 7,240 90 28,866 968 27,827 1,412 357 11 2023 2024 2025 2026 2027 Subtotal 2023-2027 - - - - - - 2028 2029 2030 2031 2032 Subtotal 2028-2032 - - - - - - 2033 2034 2035 2036 2037 Subtotal 2033-2037 - - - - - - 97,808 8,940 58,821 6,871 1,085 102 Page 5 of 14

Van Buren Township Detailed Debt Schedule 12/31/12 Issuance Date Issuance Amt Repayment Source 99 592-000-300030 Series B-Partial 592-000-300031 Completion Bonds 99 Series A Refunding Bonds 1999 1999 2006 283,579 73,540 11,689,339 Water/Sewer Water/Sewer water/sewer SRF 592-000-300033 Project #5257-01 Sewer Cap Imp Bonds 2013 2014 2015 2016 2017 Principal Interest Principal Interest Principal Interest 17,293 6,088 8,605 442 535,000 147,376 18,899 5,202 545,000 138,683 19,088 4,232 555,000 129,826 20,127 3,254 565,000 120,808 21,167 2,222 575,000 111,626 2018 2019 2020 2021 2022 Subtotal 2018-2022 22,206 1,138 585,000 102,283 595,000 92,776 605,000 83,108 615,000 73,276 625,000 63,283 22,206 1,138 - - 3,025,000 414,726 2023 2024 2025 2026 2027 Subtotal 2023-2027 635,000 51,126 645,000 42,808 655,000 32,326 665,000 21,683 669,339 10,876 - - - - 3,269,339 158,819 2028 2029 2030 2031 2032 Subtotal 2028-2032 - - - - - - 2033 2034 2035 2036 2037 Subtotal 2033-2037 - - - - - - 118,780 22,136 8,605 442 9,069,339 1,221,864 Page 6 of 14

Van Buren Township Detailed Debt Schedule 12/31/12 Issuance Date Issuance Amt Repayment Source Water 592-000-300034 Meter Loan 592-000-300035 2007 592-000-300036 DR Fine Screen Installment Purchase 2005 SRF Loan Primary Tank Revenue Bond 2008 2005 2009 2,676,097 65,975 70,319 wat/sewer Water/Sewer water/sewer 2013 2014 2015 2016 2017 Principal Interest Principal Interest Principal Interest 268,653 62,136 3,982 1,008 2,896 3,025 280,068 50,721 4,073 944 3,077 2,866 291,968 38,821 4,073 878 3,258 2,698 181,233 26,415 4,163 812 3,349 2,523 - - 4,254 744 3,530 2,339 2018 2019 2020 2021 2022 Subtotal 2018-2022 4,344 675 3,801 2,168 4,435 604 3,892 2,012 4,435 532 4,073 1,847 4,525 460 4,254 1,673 4,616 387 4,435 1,488 - - 22,355 2,658 20,455 9,188 2023 2024 2025 2026 2027 Subtotal 2023-2027 4,706 312 4,616 1,293 4,797 235 4,797 1,084 4,797 157 5,068 862 4,887 79 5,249 630 5,521 388 - - 19,187 783 25,251 4,257 2028 2029 2030 2031 2032 Subtotal 2028-2032 5,702 132 - - - - 5,702 132 2033 2034 2035 2036 2037 Subtotal 2033-2037 - - - - - - 1,021,922 178,093 62,087 7,827 67,518 27,028 Page 7 of 14

Van Buren Township Detailed Debt Schedule 12/31/12 Issuance Date Issuance Amt Repayment Source 2007 592-000-300037 Downriver SRF Project 592-000-300038 #5217-03 2008 SRF Project 592-000-300039 #5217-04 2008 Completion Bond A Revenue Bonds B Revenue Bonds 2007 2008 2008 114,320 183,466 210,684 water/sewer water/sewer Water/Sewer 2013 2014 2015 2016 2017 Principal Interest Principal Interest Principal Interest 4,380 4,814 7,874 4,415 9,050 4,935 4,633 4,596 8,055 4,218 9,231 4,706 4,887 4,328 8,236 4,017 9,503 4,472 5,140 4,084 8,507 3,811 9,684 4,232 5,358 3,866 8,688 3,598 9,955 3,987 2018 2019 2020 2021 2022 Subtotal 2018-2022 5,611 3,598 8,960 3,381 10,227 3,734 5,901 3,318 9,231 3,157 10,498 3,475 6,190 3,022 9,412 2,926 10,679 3,210 6,516 2,712 9,593 2,691 10,951 2,940 6,842 2,388 9,865 2,451 11,222 2,663 31,060 15,038 47,061 14,606 53,577 16,022 2023 2024 2025 2026 2027 Subtotal 2023-2027 7,168 2,028 10,136 2,205 11,584 2,378 7,566 1,652 10,408 1,951 11,856 2,085 7,964 1,254 10,589 1,691 12,127 1,785 8,362 856 10,860 1,426 12,399 1,479 8,760 438 11,123 1,155 12,761 1,164 39,820 6,228 53,116 8,428 60,727 8,891 2028 2029 2030 2031 2032 Subtotal 2028-2032 11,403 877 13,032 842 11,675 591 13,394 511 11,983 300 13,756 172 - - 35,061 1,768 40,182 1,525 2033 2034 2035 2036 2037 Subtotal 2033-2037 - - - - - - 95,278 42,954 176,598 44,861 201,909 48,770 Page 8 of 14

Van Buren Township Detailed Debt Schedule 12/31/12 Issuance Date Issuance Amt Repayment Source SRF Project 592-000-300040 #5217-05 2008 SRF Project 592-000-300041 #5217-02 2008 SRF 592-000-300042 Project #7265-01 C Revenue Bonds D Revenue Bonds Water Cap Imp Bonds 2008 2008 2008 72,129 71,734 6,645,000 Water/Sewer Water/Sewer water/sewer 2013 2014 2015 2016 2017 Principal Interest Principal Interest Principal Interest 3,349 1,680 3,258 1,719 280,000 146,124 3,349 1,596 3,349 1,638 290,000 139,126 3,439 1,511 3,349 1,554 295,000 131,876 3,530 1,424 3,439 1,470 300,000 124,500 3,620 1,335 3,620 1,384 310,000 117,000 2018 2019 2020 2021 2022 Subtotal 2018-2022 3,711 1,243 3,711 1,294 315,000 109,250 3,801 1,149 3,801 1,201 325,000 101,376 3,892 1,053 3,892 1,106 335,000 93,250 4,073 954 3,982 1,009 340,000 84,874 4,163 851 4,073 909 350,000 76,376 19,640 5,250 19,459 5,519 1,665,000 465,126 2023 2024 2025 2026 2027 Subtotal 2023-2027 4,254 745 4,163 807 360,000 67,624 4,344 638 4,344 703 370,000 58,626 4,435 528 4,525 595 375,000 49,374 4,525 416 4,616 481 385,000 40,000 4,706 301 4,706 366 395,000 30,376 22,264 2,628 22,354 2,952 1,885,000 246,000 2028 2029 2030 2031 2032 Subtotal 2028-2032 4,797 182 4,887 248 405,000 20,500 4,887 61 5,051 126 415,000 10,374-9,684 243 9,938 374 820,000 30,874 2033 2034 2035 2036 2037 Subtotal 2033-2037 - - - - - - 68,875 15,667 68,766 16,610 5,845,000 1,400,626 Page 9 of 14

Van Buren Township Detailed Debt Schedule 12/31/12 Issuance Date Issuance Amt Repayment Source Downriver 592-000-300043 Treatment Plant Improvement Bonds DDA Revenue Refunding 2012 2011 2012 174,346 4,900,000 water/sewer DDA 2013 2014 2015 2016 2017 Principal Interest Principal Interest - 4,569 210,000 129,048 10,046 4,562 190,000 149,125 10,227 4,308 195,000 145,325 10,498 4,049 200,000 141,425 10,770 3,784 200,000 137,425 2018 2019 2020 2021 2022 Subtotal 2018-2022 11,041 3,511 205,000 133,425 11,313 3,232 215,000 127,275 11,584 2,945 220,000 120,825 11,946 2,651 225,000 114,225 12,218 2,349 230,000 107,475 58,102 14,688 1,095,000 603,225 2023 2024 2025 2026 2027 Subtotal 2023-2027 12,489 2,040 240,000 100,575 12,851 1,724 245,000 92,475 13,123 1,399 255,000 84,206 13,485 1,066 265,000 75,600 13,847 725 275,000 66,656 65,795 6,954 1,280,000 419,512 2028 2029 2030 2031 2032 Subtotal 2028-2032 8,912 375 285,000 57,375-99 295,000 46,688 305,000 35,625 315,000 24,188 330,000 12,375 8,912 474 1,530,000 176,251 2033 2034 2035 2036 2037 Subtotal 2033-2037 - - - - 174,350 43,388 4,900,000 1,901,336 Page 10 of 14

Van Buren Township Detailed Debt Schedule 12/31/12 Issuance Date Issuance Amt Repayment Source DDA Revenue Refunding 2005B LDFA Bond Capital Appreciation 2003 2005 2003 4,440,000 6,589,656 DDA LDFA 2013 2014 2015 2016 2017 Principal Interest Principal Interest 605,000 63,250 660,000 33,000 2018 2019 2020 2021 2022 Subtotal 2018-2022 - - - - 2023 2024 2025 2026 2027 Subtotal 2023-2027 510,859 909,141 635,231 1,239,769 629,075 1,335,925 622,809 1,432,191 615,293 1,529,707 - - 3,013,267 6,446,733 2028 2029 2030 2031 2032 Subtotal 2028-2032 766,818 2,058,182 739,613 2,140,387 714,849 2,220,151 688,806 2,301,194 666,303 2,383,697 - - 3,576,389 11,103,611 2033 2034 2035 2036 2037 Subtotal 2033-2037 - - - - 1,265,000 96,250 6,589,656 17,550,344 Page 11 of 14

Van Buren Township Detailed Debt Schedule 12/31/12 Issuance Date Issuance Amt Repayment Source LDFA Bond Refunding Series 2006 Cap Improve Bond Debt Service 2006 2006 2006 19,200,000 5,165,000 LDFA General Fund 2013 2014 2015 2016 2017 Principal Interest Principal Interest 125,000 828,547 300,000 152,334 135,000 823,021 310,000 140,334 575,000 816,965 325,000 127,934 1,430,000 768,653 335,000 114,608 1,560,000 695,403 350,000 100,538 2018 2019 2020 2021 2022 Subtotal 2018-2022 1,685,000 623,665 365,000 86,102 1,800,000 548,448 375,000 70,406 1,930,000 460,013 400,000 54,468 2,065,000 361,638 415,000 36,968 2,245,000 256,638 430,000 18,812 9,725,000 2,250,402 1,985,000 266,756 2023 2024 2025 2026 2027 Subtotal 2023-2027 490,000 185,200 460,000 164,375 - - 425,000 144,825 - - 415,000 126,763 - - 300,000 109,125 - - 2,090,000 730,288 - - 2028 2029 2030 2031 2032 Subtotal 2028-2032 325,000 95,625 - - 350,000 81,000 - - 375,000 65,250 - - 1,075,000 48,375 - - - - 2,125,000 290,250 - - 2033 2034 2035 2036 2037 Subtotal 2033-2037 - - - - - - 17,765,000 7,203,529 3,605,000 902,504 Page 12 of 14

Van Buren Township Detailed Debt Schedule 12/31/12 Issuance Date Issuance Amt Repayment Source Totals 2013 2014 2015 2016 2017 Principal Interest 2,911,274 1,656,426 3,018,063 1,587,415 2,841,802 1,489,619 3,609,593 1,380,802 3,608,116 1,232,042 2018 2019 2020 2021 2022 Subtotal 2018-2022 3,778,014 1,110,038 3,854,533 980,616 4,032,741 839,412 3,723,080 686,161 3,937,434 536,070 19,325,802 4,152,297 2023 2024 2025 2026 2027 Subtotal 2023-2027 2,294,975 1,325,474 2,416,194 1,608,125 2,401,703 1,654,927 2,417,192 1,702,670 2,316,056 1,751,277 11,846,120 8,042,473 2028 2029 2030 2031 2032 Subtotal 2028-2032 1,830,551 2,234,338 1,834,620 2,279,837 1,420,588 2,321,498 2,078,806 2,373,757 996,303 2,396,072 8,160,868 11,605,502 2033 2034 2035 2036 2037 Subtotal 2033-2037 - - - - - - - - - - - - 55,321,638 31,146,576 Page 13 of 14

Van Buren Township Detailed Debt Schedule 12/31/12 Issuance Date Issuance Amt Repayment Source GOVERNMENTAL TOTALS WATER/SEWER TOTALS COMPONENT UNITS TOTALS 2013 2014 2015 2016 2017 Principal Interest Principal Interest Principal Interest 300,000 152,334 1,691,570 495,377 940,000 1,020,845 310,000 140,334 1,744,139 453,352 985,000 1,005,146 325,000 127,934 1,768,659 410,276 770,000 962,290 335,000 114,608 1,667,230 366,440 1,630,000 910,078 350,000 100,538 1,520,753 308,434 1,760,000 832,828 2018 2019 2020 2021 2022 Subtotal 2018-2022 365,000 86,102 1,546,432 276,029 1,890,000 757,090 375,000 70,406 1,488,732 243,075 2,015,000 675,723 400,000 54,468 1,507,720 212,079 2,150,000 580,838 415,000 36,968 1,043,059 180,678 2,290,000 475,863 430,000 18,812 1,058,194 159,859 2,475,000 364,113 1,985,000 266,756 6,644,137 1,071,720 10,820,000 2,853,627 2023 2024 2025 2026 2027 Subtotal 2023-2027 - 0 1,080,656 136,618 1,240,859 1,194,916-0 1,103,284 116,893 1,340,231 1,496,619-0 1,120,730 94,665 1,309,075 1,564,956-0 1,143,265 72,098 1,302,809 1,634,554-0 1,155,426 49,039 1,190,293 1,705,488 - - 5,603,361 469,313 6,383,267 7,596,533 2028 2029 2030 2031 2032 Subtotal 2028-2032 - 0 484,176 25,655 1,376,818 2,211,182-0 480,450 13,500 1,384,613 2,268,075-0 56,963 1,439 1,394,849 2,321,026-0 1,184 288 2,078,806 2,373,757-0 - - 996,303 2,396,072 - - 1,022,773 40,882 7,231,389 11,570,112 2033 2034 2035 2036 2037 Subtotal 2033-2037 - - - - - - - - - - - - - - - - - - - - - - - - - - 3,605,000 902,504 21,662,622 3,615,794 30,519,656 26,751,459 Page 14 of 14