Page 310 - Southlake FY20 Budget
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Debt Service Funds Expenditures
SUMMARY OF SOUTHLAKE PARKS AND DEVELOPMENT BONDS
PRINCIPAL AND INTEREST REQUIREMENTS
2020 REQUIREMENTS
MATURITY
PRINCIPAL INTEREST TOTAL DATE
2011 Certificates of Obligation 150,000 83,318 233,318 February 2031
2012 Certificates of Obligation 270,000 122,281 392,281 February 2032
2014 Sales Tax Revenue Refunding Bonds 1,300,000 282,150 1,582,150 February 2027
2019 General Obligation Refunding Bonds 330,000 280,520 610,520 February 2030
Net SPDC Debt Service Requirements 2,050,000 768,269 2,818,269
TOTAL REQUIREMENTS
MATURITY
PRINCIPAL INTEREST TOTAL DATE
2011 Certificates of Obligation 2,235,000 579,390 2,814,390 February 2031
2012 Certificates of Obligation 4,195,000 876,693 5,071,693 February 2032
2014 Sales Tax Revenue Refunding Bonds 10,055,000 1,128,825 11,183,825 February 2027
2019 General Obligation Refunding Bonds 4,890,000 1,389,420 6,279,420 February 2030
Net SPDC Debt Service Requirements 21,375,000 3,974,328 25,349,328
INTEREST SHOWN IS THE TOTAL OF EACH ANNUAL
REQUIREMENT FOR THE REMAINING LIFE OF THE SERIES
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