Page 278 - Ord 866 Adopting a revised Fiscal Year 17-18 and new proposed Fiscal Year 18-19 budget

Debt Service Fund 301
Property Tax Supported Debt

MUNICIPALMUNICIPAL
WESTLAKE ACADEMY
Road, Trail Facility Improvements Refunding of 2008 (A&S Bldg) Street Infrastructure Improvements

SERIES 2019 CO; FUTURE DEBT SERIES 2013 GO- REFUNDING SERIES 2011 CO GRAND TOTAL
Pymt Fiscal Program 19 Program 13 Program 11
TOTAL TOTAL TOTAL Principal Interest TOTAL
No. Year Principal Interest Principal Interest Principal Interest

1 2019 - - - 135,000 34,463 169,463 83,000 34,356 117,356 218,000 68,819 286,819

2 2020 90,000 138,994 228,994 140,000 31,025 171,025 87,000 32,316 119,316 317,000 202,335 519,335
3 2021 130,000 98,250 228,250 145,000 27,463 172,463 91,000 30,180 121,180 366,000 155,893 521,893
4 2022 135,000 94,275 229,275 145,000 23,838 168,838 96,000 27,936 123,936 376,000 146,049 522,049

5 2023 140,000 90,150 230,150 150,000 20,375 170,375 101,000 25,572 126,572 391,000 136,097 527,097
6 2024 145,000 85,875 230,875 145,000 17,130 162,130 106,000 23,088 129,088 396,000 126,093 522,093
7 2025 150,000 81,450 231,450 155,000 13,830 168,830 111,000 20,484 131,484 416,000 115,764 531,764
8 2026 155,000 76,875 231,875 165,000 10,063 175,063 117,000 17,748 134,748 437,000 104,686 541,686

9 2027 155,000 72,225 227,225 160,000 6,000 166,000 123,000 14,868 137,868 438,000 93,093 531,093
10 2028 160,000 67,500 227,500 160,000 2,000 162,000 129,000 11,844 140,844 449,000 81,344 530,344

11 2029 165,000 62,625 227,625 - 136,000 8,664 144,664 301,000 71,289 372,289
12 2030 170,000 57,600 227,600 - 143,000 5,316 148,316 313,000 62,916 375,916
13 2031 175,000 52,425 227,425 - 150,000 1,800 151,800 325,000 54,225 379,225
14 2032 185,000 47,025 232,025 - - - - 185,000 47,025 232,025

15 2033 190,000 41,400 231,400 - - - - 190,000 41,400 231,400
16 2034 195,000 35,625 230,625 - - - - 195,000 35,625 230,625
17 2035 200,000 29,700 229,700 - - - - 200,000 29,700 229,700

18 2036 205,000 23,625 228,625 - - - - 205,000 23,625 228,625
19 2037 210,000 17,400 227,400 - - - - 210,000 17,400 227,400
20 2038 220,000 10,950 230,950 - - - - 220,000 10,950 230,950

21 2039 225,000 3,825 228,825 - - - - 225,000 3,825 228,825
22 2040 - - - - - - - -
23 2041 - - - - - - - -

24 2042 - - - - - - - -
25 2043 - - - - -
TOTAL 3,400,000 $ 1,187,794 $ 4,587,794 $ 1,500,000 $ 186,185 $ 1,686,185 $ 1,473,000 $ 254,172 $ 1,727,172 $ 6,373,000 $ 1,628,151 $ 8,001,151
Issued By: NOT ISSUED YET US Bank Independent Bank

000Account ML-0000-
YET
ISSUED
90886203-
258-
NOT
No:
Original Issue: estimate $3,175,000 $ 2,200,000.00 $ 2,095,000
Issue Date: in 2019 February 2013 March 29, 2011
End Date: 20 years = 2039 15 years = 2028 20 years = 2031
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