EXHIBIT 11-D

		Calculation of Debt Service
	Principal			Total
	Outstanding	Principal Due	Interest Due	Debt Service
2013	$3,923,781	$76,219	$144,000	$220,219
2014	$3,844,819	$78,963	$141,256	$220,219
2015	$3,763,014	$81,805	$138,413	$220,219
2016	$3,678,263	$84,750	$135,468	$220,219
2017	$3,590,462	$87,801	$132,417	$220,219
2018	$3,499,500	$90,962	$129,257	$220,219
2019	$3,405,263	$94,237	$125,982	$220,219
2020	$3,307,634	$97,629	$122,589	$220,219
2021	$3,206,490	$101,144	$119,075	$220,219
2022	$3,101,705	$104,785	$115,434	$220,219
2023	$2,993,148	$108,557	$111,661	$220,219
2024	$2,880,682	$112,465	$107,753	$220,219
2025	$2,764,168	$116,514	$103,705	$220,219
2026	$2,643,460	$120,709	$99,510	$220,219
2027	$2,518,406	$125,054	$95,165	$220,219
2028	$2,388,849	$129,556	$90,663	$220,219
2029	$2,254,629	$134,220	$85,999	$220,219
2030	$2,115,577	$139,052	$81,167	$220,219
2031	$1,971,519	$144,058	$76,161	$220,219
2032	$1,822,275	$149,244	$70,975	$220,219
2033	$1,667,659	$154,617	$65,602	$220,219
2034	$1,507,476	$160,183	$60,036	$220,219
2035	$1,341,526	$165,950	$54,269	$220,219
2036	$1,169,602	$171,924	$48,295	$220,219
2037	$991,489	$178,113	$42,106	$220,219
2038	$806,964	$184,525	$35,694	$220,219
2039	$615,796	$191,168	$29,051	$220,219
2040	$417,746	$198,050	$22,169	$220,219
2041	$212,566	$205,180	$15,039	$220,219
2042	$0	$212,566	$7,652	$220,219
		$4,000,000	$2,606,561	$6,606,561
Bond Sizing:
Reimburse Reserves Used for ASR			1,463,562
Pay Credit Line			725,063
Deposit to Water Supply Capital Account			1,496,102
Deposit to Rate Stabilization Fund			55,055
Debt Service Reserve Fund			220,219
Debt Issuance Costs			40,000
Balancing Amount			0
Issuance Amount			4,000,000
Assumptions:
Maturity of Bonds			30	years
Interest-Only Period			0	years
Interest Rate on Bonds			3.60%

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