UNIVERSITY OF NORTH TEXAS

SCHEDULE OF FUNDS FOR THE RETIREMENT OF INDEBTEDNESS

For the Year Ended August 31, 1999

UNAUDITED

87100, 87101, 87200, 87250

87242, 87272 &

87260, 87270 & 87277

87278

Consolidated

Revenue

Revenue Refunding

Financing System

and Improvement Bonds

Bonds

Total

Series '85, '94, '96 & '97

Series 1997 & 1999

FUND BALANCES:

$

$

$

September 1, 1998

14,596,120.45

14,523,793.96

72,326.49

FY 98 AFR Adj. For FV of Invest.

104,910.08

104,491.50

418.58

ADJ. 9/1/98 FUND BALANCES

14,701,030.53

14,628,285.46

72,745.07

ADDITIONS:

Earnings on Investments

1,171,968.52

1,171,968.52

U.S. Gov. Int. Grants

159,786.00

159,786.00

FY 99 Net Inc./-Dec. in Fair Value of Inv

-151,247.97

-150,241.98

-1,005.99

Bond Accretion

601,707.80

601,707.80

Other

471,237.68

379,482.38

91,755.30

Total Additions

2,253,452.03

2,162,702.72

90,749.31

DEDUCTIONS:

Principal Retired

3,860,000.00

2,815,000.00

1,045,000.00

Interest Expense

2,201,938.21

2,014,620.71

187,317.50

Incrse in Bond Carrying Value

601,707.80

601,707.80

Bond Discount & Issuance Costs

276,045.49

276,045.49

Other

123,952.90

123,252.90

700.00

Total Deductions

7,063,644.40

5,554,581.41

1,509,062.99

TRANSFERS:

Mandatory:

Skiles Act Fund

302,611.60

302,611.60

Auxiliary Enterprises-Debt Svc.

1,605,073.33

1,605,073.33

Educational & General

2,677,925.00

1,992,925.00

685,000.00

Non-Mandatory:

Auxiliary Enterprises

-1,079,168.71

-1,079,168.71

Auxiliary Enterprises-Debt Svc.

105,862.58

105,862.58

Designated

2,959.19

2,959.19

Loan Funds

-1,200,000.00

-1,200,000.00

Retirement of Indebtedness

0.00

-494,792.36

494,792.36

Unexpended Plant

1,103,245.89

823,245.89

280,000.00

Total Transfers

3,518,508.88

2,058,716.52

1,459,792.36

FUND BALANCES:

August 31, 1999

13,409,347.04

13,295,123.29

114,223.75

(Exh. B)

FUND BALANCES CONSIST OF:

Restricted - Reserve Fund

2,479,731.06

2,479,731.06

n/a

Designated

10,929,615.98

10,815,392.23

114,223.75

Total as above

13,409,347.04

13,295,123.29

114,223.75

NOTE: Interest expense on Consolidated Revenue Refunding and Improvement Bond Series '85,'94 '96 & 97 includes $580,115.71 of accrued interest on 1985 Series Compound Interest Bonds.