L O U I S I A N A C I T I Z E N S P R O P E R T Y I N S U R A N C E C O R P O R A T I O NL O U I S I A N A C I T I Z E N S P R O P E R T Y I N S U R A N C E C O R P O R A T I O N Bonds Debt Service Requirements Assessment Revenue Bonds, Series 2006 Bond Year EndingFixed PrincipalFixed InterestFloating PrincipalFloating 5%Floating Admin CostsTotal Debt Service 6/1/ ,467,125-16,187,5001,523,70856,178,333 6/1/ ,776,013-14,875,0001,374,75050,025,763 6/1/200931,800,00033,776,013-14,520,8331,357,04281,453,888 6/1/201034,360,00032,233,963-14,875,0001,374,75082,843,713 6/1/201135,080,00030,493,688-14,875,0001,374,75081,823,438 6/1/201237,735,00028,861,938-14,875,0001,374,75082,846,688 6/1/201339,600,00026,993,388-14,520,8331,357,04282,471,263 6/1/201440,595,00024,978,763-14,875,0001,374,75081,823,513 6/1/201543,745,00022,847,525-14,875,0001,374,75082,842,275 6/1/201644,915,00020,660,275-14,875,0001,374,75081,825,025 6/1/201748,180,00018,414,525-14,875,0001,374,75082,844,275 6/1/201849,570,00016,005,525-14,520,8331,357,04281,453,400 6/1/201953,065,00013,527,025-14,875,0001,374,75082,841,775 6/1/202055,720,00010,873,775-14,520,8331,357,04282,471,650 6/1/202157,485,0008,087,775-14,875,0001,374,75081,822,525 6/1/202261,380,0005,213,525-14,875,0001,374,75082,843,275 6/1/202344,975,0002,144,52518,450,00014,875,0001,355,93181,800,456 6/1/ ,075,00013,916,6251,221,14682,212,771 6/1/ ,750,00010,482,153912,22280,144,375 6/1/ ,700,0007,215,438582,00279,497,440 6/1/ ,025,0003,495,625108,98177,629,606 Totals678,205,000367,355,366300,000,000287,880,67326,254,4081,659,695,447 B O N D SB O N D S Source: official Statement
L O U I S I A N A C I T I Z E N S P R O P E R T Y I N S U R A N C E C O R P O R A T I O NL O U I S I A N A C I T I Z E N S P R O P E R T Y I N S U R A N C E C O R P O R A T I O N Debt Service is approximately $80 million annually Bonds Financial Strength Capitalized Interest Fund Emergency Assessment Stabilization Fund Debt Service Reserve Fund Total Resources to Service Debt $134 million * $14.8 million * $42.4 million * $191.2 million Cash Resources Available with Trustee * Per trustee statement 09/30/2008 Resources available to service debt B O N D SB O N D S
L O U I S I A N A C I T I Z E N S P R O P E R T Y I N S U R A N C E C O R P O R A T I O NL O U I S I A N A C I T I Z E N S P R O P E R T Y I N S U R A N C E C O R P O R A T I O N Bonds Emergency Assessment Collections DateAmount Collected (in 000's) ,473 1/2008 8,791 2/2008 7,311 3/ / ,172 5/ ,592 6/ /2008 4,862 8/ ,043 09/ interest 4,951 Total Collected to Date $134,043 1.Funds are remitted to the trustee bank (Regions Bank). 2.Information provided per trustee statements. 3.Total first 12 months of collections, 3.6% assessment, $78 million B O N D SB O N D S