Page 224 - 2020-21 Budget Summary

Bond Redemption and Interest

These are the amounts required for the payment of principal and interest on the General Obligation Bonds of the City.
Actual Adopted Estimated Total
Expenditures Budget Expenditures Budget
2018-19 2019-20 2019-20 2020-21
EXPENDITURES AND APPROPRIATIONS
GOB Series 2009 Debt Service Fund (Sch. 36)

3,032,963 - - GOB Debt Service - Interest -
4,450,767 - - GOB Debt Service - Principal -

GOB Series 2011A Debt Service Fund (Sch. 36)
351,000 117,000 117,000 GOB Debt Service - Interest -
5,850,000 5,850,000 5,850,000 GOB Debt Service - Principal -

GOB Refunding Series 2011B Debt Service Fund (Sch. 36)

7,160,125 5,522,375 4,835,000 GOB Debt Service - Interest 3,203,000
32,805,000 32,705,000 32,705,000 GOB Debt Service - Principal 32,590,000
GOB Refunding Series 2012A Debt Service Fund (Sch. 36)

7,510,150 6,365,525 5,496,000 GOB Debt Service - Interest 4,353,225
22,900,000 22,885,000 22,885,000 GOB Debt Service - Principal 22,815,000

GOB Refunding Series 2016A Debt Service Fund (Sch. 36)
3,584,564 3,450,780 3,451,000 GOB Debt Service - Interest 3,197,348
7,435,000 11,385,000 11,385,000 GOB Debt Service - Principal 17,060,000

GOB Series 2017A Debt Service Fund (Sch. 36)
2,443,244 2,376,500 2,377,000 GOB Debt Service - Interest 2,287,508
4,320,000 4,320,000 4,320,000 GOB Debt Service - Principal 4,320,000

GOB Refunding Series 2017B Debt Service Fund (Sch. 36)

3,745,250 3,033,375 2,538,000 GOB Debt Service - Interest 1,888,750
13,980,000 14,495,000 14,495,000 GOB Debt Service - Principal 11,460,000

GOB Series 2018-A Debt Service Fund (Sch. 36)

6,477,855 9,907,227 9,907,000 GOB Debt Service - Interest 9,354,627
- 13,815,000 13,815,000 GOB Debt Service - Principal 13,815,000
GOB Refunding Series 2018B Debt Service Fund (Sch. 36)

1,102,540 1,733,250 1,733,000 GOB Debt Service - Interest 1,733,250

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