Page 173 - Azle City Budget 2019
P. 173

City of Azle
                                               Utility Fund Debt Schedules






                                  2017 Tax & Surplus Revenue Certificates of Obligation


                                              Principal     Principal     Interest       Total
                                  Year      Outstanding     Payment      Payment       Payment
                                  2019             1,225,000            125,000              25,098            150,098
                                  2020             1,100,000            125,000              22,400            147,400
                                  2021                975,000            130,000              19,647            149,647
                                  2022                845,000            135,000              16,786            151,786
                                  2023                710,000            135,000              13,872            148,872
                                  2024                575,000            140,000              10,903            150,903
                                  2025                435,000            140,000                7,880            147,880
                                  2026                295,000            145,000                4,804            149,804
                                  2027                150,000            150,000                1,619            151,619


















                     160,000

                     140,000


                     120,000

                     100,000

                                                                                                    Interest
                      80,000
                                                                                                    Principal
                      60,000

                      40,000


                      20,000

                          -
                              2019             2021             2023             2025










            City of Azle 2018-2019 Budget                                                                     161
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