Page 135 - Azle City Budget 2019
P. 135

City of Azle
                              Annual Debt Service Requirements - 2016 Certificates of Obligation
                                                      As of October 1, 2018

                     Year            Debt
                    Ending        Outstanding       Principal        Interest        Total
                     2019                   9,265,000                  45,000                219,943            264,943
                     2020                   9,220,000                  45,000                219,043            264,043
                     2021                   9,175,000                165,000                216,943            381,943
                     2022                   9,010,000                170,000                213,593            383,593
                     2023                   8,840,000                170,000                210,193            380,193
                     2024                   8,670,000                180,000                206,693            386,693
                     2025                   8,490,000                180,000                203,093            383,093
                     2026                   8,310,000                185,000                199,443            384,443
                     2027                   8,125,000                190,000                195,693            385,693
                     2028                   7,935,000                350,000                190,293            540,293
                     2029                   7,585,000                355,000                182,976            537,976
                     2030                   7,230,000                370,000                175,183            545,183
                     2031                   6,860,000                375,000                167,174            542,174
                     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



                     $800,000

                     $700,000
                     $600,000

                     $500,000
                     $400,000                                                                 Interest

                     $300,000                                                                 Principal

                     $200,000
                     $100,000

                           $-












            City of Azle 2018-2019 Budget                                                                     123
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