Page 304 - Southlake FY20 Budget
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Debt Service Funds Expenditures
SUMMARY OF GENERAL OBLIGATION BONDS
PRINCIPAL AND INTEREST REQUIREMENTS
2020 REQUIREMENTS MATURITY
PRINCIPAL INTEREST TOTAL DATE
2012 GO Refunding 575,000 211,025 786,025 February 2026
2013 GO Refunding 2,210,000 571,300 2,781,300 February 2026
2014 GO Refunding 505,000 19,200 524,200 February 2026
2017 GO Refunding 350,302 136,617 486,919 February 2028
2019 GO Refunding 2,885,000 285,246 3,170,246 February 2030
Net General Obligation Debt Service Requirements 6,525,302 1,223,388 7,748,690
TOTAL REQUIREMENTS
PRINCIPAL INTEREST TOTAL
2012 GO Refunding 5,405,000 868,275 6,273,275 February 2026
2013 GO Refunding 16,265,000 1,907,275 18,172,275 February 2026
2014 GO Refunding 1,065,000 53,575 1,118,575 February 2026
2017 GO Refunding 3,710,135 665,944 4,376,079 February 2028
2019 GO Refunding 5,970,000 362,371 6,332,371 February 2030
Net General Obligation Debt Service Requirements 32,415,135 3,857,440 36,272,575
INTEREST SHOWN IS THE TOTAL OF EACH ANNUAL
REQUIREMENT FOR THE REMAINING LIFE OF THE SERIES
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