Page 132 - Azle City Budget 2019

City of Azle
Annual Debt Service Requirements - Combined Summary
As of October 1, 2018

Year Debt
Ending Outstanding Principal Interest Total
2019 13,215,000 473,333 355,056 828,389
2020 12,741,667 481,667 340,687 822,354
2021 12,260,000 465,000 324,662 789,662
2022 11,795,000 475,000 312,065 787,065
2023 11,320,000 490,000 299,219 789,219
2024 10,830,000 505,000 285,657 790,657
2025 10,325,000 520,000 271,482 791,482
2026 9,805,000 535,000 256,612 791,612
2027 9,270,000 550,000 240,983 790,983
2028 8,765,000 545,000 223,255 768,255
2029 8,220,000 560,000 206,939 766,939
2030 7,660,000 580,000 189,808 769,808
2031 7,080,000 595,000 172,124 767,124
2032 6,485,000 585,000 156,854 741,854
2033 5,900,000 595,000 144,169 739,169
2034 5,305,000 610,000 131,215 741,215
2035 4,695,000 620,000 117,993 737,993
2036 4,075,000 635,000 104,501 739,501
2037 3,440,000 650,000 90,688 740,688
2038 2,790,000 665,000 73,725 738,725
2039 2,125,000 685,000 53,475 738,475
2040 1,440,000 710,000 32,550 742,550
2041 730,000 730,000 10,950 740,950

$900,000

$800,000
$700,000

$600,000
$500,000 Interest

$400,000 Principal
$300,000

$200,000

$100,000
$-
2019 2021 2023 2025 2027 2029 2031 2033 2035 2037 2039 2041

City of Azle 2018-2019 Budget 120