Page 302 - City of Westlake FY20 Budget

Debt Service Fund 300

Revenue Supported Debt

Fire Station Complex
Fire Station Complex Fire Station Complex
SERIES 2017 Texas Tax Note SERIES 2016 CO
Pymt Fiscal Program 16 Program 17
TOTAL TOTAL
No. Year Principal Interest Principal Interest

1 2020 $ 215,000 $ 18,254 $ 233,254 $ 210,000 $ 298,500 $ 508,500
2 2021 219,000 14,326 233,326 215,000 292,125 507,125
3 2022 223,000 10,326 233,326 225,000 285,525 510,525
4 2023 227,000 6,254 233,254 230,000 278,700 508,700
5 2024 232,000 2,100 234,100 235,000 271,725 506,725
6 2025 ‐ ‐ ‐ 245,000 264,525 509,525
7 2026 ‐ ‐ ‐ 250,000 257,100 507,100
8 2027 ‐ ‐ ‐ 260,000 249,450 509,450
9 2028 ‐ ‐ ‐ 265,000 241,575 506,575
10 2029 ‐ ‐ ‐ 275,000 233,475 508,475
11 2030 ‐ ‐ ‐ 285,000 225,075 510,075
12 2031 ‐ ‐ ‐ 290,000 216,450 506,450
13 2032 ‐ ‐ ‐ 300,000 207,600 507,600
14 2033 ‐ ‐ ‐ 310,000 198,450 508,450
15 2034 ‐ ‐ ‐ 320,000 189,000 509,000
16 2035 ‐ ‐ ‐ 330,000 179,250 509,250
17 2036 ‐ ‐ ‐ 340,000 169,200 509,200
18 2037 ‐ ‐ ‐ 350,000 158,850 508,850
19 2038 ‐ ‐ ‐ 360,000 146,400 506,400
20 2039 ‐ ‐ ‐ 375,000 131,700 506,700
21 2040 ‐ ‐ ‐ 390,000 116,400 506,400
22 2041 ‐ ‐ ‐ 410,000 100,400 510,400
23 2042 ‐ ‐ ‐ 425,000 83,700 508,700
24 2043 ‐ ‐ ‐ 440,000 66,400 506,400
25 2044 ‐ ‐ ‐ 460,000 48,400 508,400
26 2045 ‐ ‐ ‐ 480,000 29,600 509,600
30 2046 ‐ ‐ ‐ 500,000 10,000 510,000
TOTAL $ 1,116,000 $ 51,259 $ 1,167,259 $ 8,775,000 $ 4,949,575 $ 13,724,575
Issued By: The Independent Bank US Bank
Account No: ML‐0000‐93465 251‐965‐000
Original Issue: $1,530,000 $9,180,000
Issue Date: May 2017 December 2016
End Date: 7 years = 2024 30 years = 2046

290