Page 134 - Azle City Budget 2019
P. 134
City of Azle
Annual Debt Service Requirements - 2011 Certificates of Obligation
As of October 1, 2018
Year Debt
Ending Outstanding Principal Interest Total
2019 2,245,000 135,000 93,875 228,875
2020 2,110,000 140,000 88,375 228,375
2021 1,970,000 145,000 82,675 227,675
2022 1,825,000 150,000 76,775 226,775
2023 1,675,000 155,000 70,675 225,675
2024 1,520,000 160,000 64,175 224,175
2025 1,360,000 170,000 57,163 227,163
2026 1,190,000 175,000 49,613 224,613
2027 1,015,000 185,000 41,513 226,513
2028 830,000 195,000 32,963 227,963
2029 635,000 205,000 23,963 228,963
2030 430,000 210,000 14,625 224,625
2031 220,000 220,000 4,950 224,950
$250,000
$200,000
$150,000
Interest
Principal
$100,000
$50,000
$-
City of Azle 2018-2019 Budget 122
