Page 226 - FY 2021-22 Proposed Budget

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
2019-20 2020-21 2020-21 2021-22
EXPENDITURES AND APPROPRIATIONS
GOB Series 2011A Debt Service Fund (Sch. 36)

117,000 - - GOB Debt Service - Interest -
5,850,000 - - GOB Debt Service - Principal -

GOB Refunding Series 2011B Debt Service Fund (Sch. 36)
4,835,375 3,203,000 3,203,000 GOB Debt Service - Interest 1,576,250
32,705,000 32,590,000 32,590,000 GOB Debt Service - Principal 32,480,000

GOB Refunding Series 2012A Debt Service Fund (Sch. 36)

5,495,725 4,353,225 4,353,225 GOB Debt Service - Interest 3,214,475
22,885,000 22,815,000 22,815,000 GOB Debt Service - Principal 22,735,000
GOB Refunding Series 2016A Debt Service Fund (Sch. 36)

3,450,780 3,197,348 3,197,348 GOB Debt Service - Interest 2,852,387
11,385,000 17,060,000 17,060,000 GOB Debt Service - Principal 16,775,000

GOB Series 2017A Debt Service Fund (Sch. 36)
2,376,500 2,287,508 2,287,508 GOB Debt Service - Interest 2,182,208
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)
2,537,625 1,888,750 1,888,750 GOB Debt Service - Interest 1,426,375
14,495,000 11,460,000 11,460,000 GOB Debt Service - Principal 7,035,000

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

9,907,227 9,354,627 9,354,627 GOB Debt Service - Interest 8,802,027
13,815,000 13,815,000 13,815,000 GOB Debt Service - Principal 13,815,000

GOB Refunding Series 2018B Debt Service Fund (Sch. 36)

1,733,250 1,733,250 1,733,250 GOB Debt Service - Interest 1,733,250

GOB Refunding Series 2018C Debt Service Fund (Sch. 36)
378,015 378,015 378,015 GOB Debt Service - Interest 378,015

136,286,497 128,455,723 128,455,723 Total Bond Redemption and Interest 119,324,987

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