Page 306 - Southlake FY20 Budget

Debt Service Funds Expenditures

SUMMARY OF REVENUE BONDS
PRINCIPAL AND INTEREST REQUIREMENTS

2020 REQUIREMENTS
MATURITY
PRINCIPAL INTEREST TOTAL DATE

2011-B Series Certificates of Obligation 155,000 85,313 240,313 February 2031
2012 Series Certificates of Obligation 125,000 57,600 182,600 February 2032
2012 GO Refunding 30,000 5,100 35,100 February 2026
2013 Series Certificates of Obligation 110,000 56,056 166,056 February 2033
2013 GO Refunding 135,000 27,575 162,575 February 2024
2014 Series Certificates of Obligation 195,000 103,700 298,700 February 2034
2014 GO Refunding 950,000 36,150 986,150 February 2026
2015 Series Certificates of Obligation 135,000 86,750 221,750 February 2035
2017 GO Refunding 385,224 150,237 535,461 February 2028
2017 Series Certificates of Obligation 190,000 183,175 373,175 February 2037
2018 Series Certificates of Obligation 150,000 139,200 289,200 February 2038
2019 GO Refunding 450,000 366,593 816,593 February 2030

Net Revenue Bond Debt Service Requirements 3,010,224 1,297,449 4,307,673

TOTAL REQUIREMENTS
MATURITY
PRINCIPAL INTEREST TOTAL DATE

2011-B Series Certificates of Obligation 2,290,000 592,459 2,882,459 February 2031
2012 Series Certificates of Obligation 1,975,000 412,238 2,387,238 February 2032
2012 GO Refunding 145,000 15,825 160,825 February 2026
2013 Series Certificates of Obligation 1,910,000 434,431 2,344,431 February 2033
2013 GO Refunding 745,000 70,875 815,875 February 2024
2014 Series Certificates of Obligation 3,525,000 916,787 4,441,787 February 2034
2014 GO Refunding 2,005,000 100,625 2,105,625 February 2026
2015 Series Certificates of Obligation 2,820,000 749,475 3,569,475 February 2035
2017 GO Refunding 4,080,001 732,332 4,812,333 February 2028
2017 Series Certificates of Obligation 5,065,000 1,681,002 6,746,002 February 2037
2018 Series Certificates of Obligation 4,070,000 1,433,138 5,503,138 February 2038
2019 GO Refunding 6,430,000 1,803,543 8,233,543 February 2030

Net Revenue Bond Debt Service Requirements 35,060,001 8,942,730 44,002,731

INTEREST SHOWN IS THE TOTAL OF EACH ANNUAL
REQUIREMENT FOR THE REMAINING LIFE OF THE SERIES

www.CityofSouthlake.com 305