City of Hartford Debt Service Profile March 23, 2015

Hartford Debt Profile The City of Hartford financed new money $82,000,000 General Obligation (GO) Bonds and $50,000,000 General Obligation Bond Anticipation Notes in October, The City received a record-low true interest cost (TIC) of 3.112% and a record-low all-in TIC of 3.154%. The City then issued GO refunding bonds in November, 2014 to currently refund its outstanding Series 2003 Bonds and advance refunded its eligible Series 2007 Bonds. The refunding achieved a total PV savings rate of 3.716% and saved the City nearly $1.5 million over the next 12 fiscal years. The City previously issued GO refunding bonds in April, 2013 to advance refund all eligible bonds due in fiscal years 2014 through The refunding generated over $56.5 million in budgetary savings through fiscal year 2018 with a TIC of less than 3.500%. In January, 2015, the City created the Hartford Stadium Authority to issue lease revenue bonds to finance a portion of the construction costs to build a minor-league baseball stadium in the Downtown North area. The annual debt service of these bonds is approximately $4.265 million. The City has an outstanding debt profile of $475,190,000 as of March 23, Of those bonds, $175,140,000 are advance refundable and callable, while an additional $92,080,000 are eligible for redemption when currently callable. Overview 1

Hartford Debt Profile Current Debt Service 2

Hartford Debt Profile Current Debt Service by Refunding Status 3

Hartford Debt Profile Current Principal by Refunding Status 4

Hartford Debt Profile Current Debt Service by Series 5

Hartford Debt Profile Current Principal by Series 6

Municipal to Treasury Yield Ratios 10-Year Maturity Over the Previous 12 Months Note: Reflects market conditions as of March 20, 2015 Source: Municipal Market Data and Bloomberg Information Systems 1.94% 2.00% 10-Yr AAA MMD 10-Yr Treasury Historical Average 10-Yr Ratio %Time 10 Year Treasury Yield Lower %Time 10 Year Maturity Ratio Lower 8

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