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ENNUAL INSTALLMENT DUE 1/31/2024 <br /> ■ Principal and Interest' —The total principal and interest on the PID Bonds required for <br /> this year's Annual Installment is $861,181.28. <br /> ■ Additional Interest—The Delinquency and Prepayment Reserve Requirement, as defined <br /> in the Indenture, of $660,275.00 has not been met. As such, the Delinquency and <br /> Prepayment Reserve will be funded with Additional Interest on the outstanding <br /> Assessment, resulting in an Additional Interest amount due of$58,075.00. <br /> ■ Annual Collection Costs—The cost of administering the District and collecting the Annual <br /> Installments shall be paid for on a pro rata basis by each Parcel based on the amount of <br /> outstanding Assessment remaining on the Parcel. The total Administrative Expenses due <br /> is $37,212.00. <br /> PID Administrator $ 31,212.00 <br /> Filing Fees $ 1,000.00 <br /> Misc. $ 1,000.00 <br /> PID Trustee Fees $ 3,500.00 <br /> Dissemination Agent $ 500.00 <br /> Total $ 37,212.00 <br /> DueJanuary'31,2024 <br /> Principal $ 210,000.00 <br /> Interest $ 651,181.28 <br /> Additional Interest $ 58,075.00 <br /> Annual Collection Costs $ 37,212.00 <br /> Total Installment $ 956,468.28 <br /> See Exhibit B for the debt service schedule for the PID Bonds as provided by Specialized Public <br /> Finance following the March 29, 2021 redemption of the PID Bonds. <br /> 1 The Annual Installment covers the period September 1, 2023 to August 31,2024 and is due by January 31,2024 <br /> WHISPER PUBLIC IMPROVEMENT DISTRICT 5 <br /> 2023 ANNUAL SERVICE PLAN UPDATE <br />