Page 168 - Azle City Budget 2019

City of Azle
Utility Fund Debt Schedules

Combined Total Debt

Principal Principal Interest Total
Year Outstanding Payment Payment Payment
2019 15,330,001 1,501,667 361,659 1,863,326

2020 13,828,334 1,528,333 330,844 1,859,177
2021 12,300,000 1,485,000 297,683 1,782,683

2022 10,815,000 1,525,000 264,512 1,789,512

2023 9,290,000 1,550,000 229,899 1,779,899

2024 7,740,000 1,200,000 193,454 1,393,454

2025 6,540,000 1,010,000 164,093 1,174,093
2026 5,530,000 1,035,000 137,786 1,172,786
2027 4,495,000 1,065,000 110,075 1,175,075

2028 3,430,000 940,000 82,501 1,022,501

2029 2,490,000 965,000 55,058 1,020,058

2030 1,525,000 1,000,000 26,189 1,026,189

2031 525,000 70,000 10,673 80,673
2032 455,000 70,000 9,259 79,259
2033 385,000 75,000 7,739 82,739
2034 310,000 75,000 6,123 81,123
2035 235,000 75,000 4,473 79,473
2036 160,000 80,000 2,736 82,736
2037 80,000 80,000 916 80,916

2,000,000

1,800,000
1,600,000

1,400,000

1,200,000
Interest
1,000,000
Principal
800,000

600,000

400,000

200,000
-
2019 2021 2023 2025 2027 2029 2031 2033 2035 2037

City of Azle 2018-2019 Budget 156