Page 310 - City of Westlake FY20 Budget
P. 310
Debt Service Fund 301
Property Tax Supported Debt
WESTLAKE ACADEMY WESTLAKE ACADEMY
Refunding of 2008 for A&S Bldg Academy Expansion
SERIES 2013 GO‐REFUNDING SERIES 2013 CO
Pymt Fiscal Program 13 Program 12
No. Year Principal Interest Total Principal Interest Total
1 2020 $ 140,000 $ 31,025 $ 171,025 $ 191,350 $ 226,630 $ 417,980
2 2021 145,000 27,463 172,463 191,350 183,650 375,000
3 2022 145,000 23,838 168,838 200,250 174,750 375,000
4 2023 150,000 20,375 170,375 204,700 170,300 375,000
5 2024 145,000 17,130 162,130 213,600 161,400 375,000
6 2025 155,000 13,830 168,830 213,600 161,400 375,000
7 2026 165,000 10,063 175,063 226,950 148,050 375,000
8 2027 160,000 6,000 166,000 231,400 143,600 375,000
9 2028 160,000 2,000 162,000 240,300 134,700 375,000
10 2029 ‐ 347,100 27,900 375,000
11 2030 ‐ 360,450 14,550 375,000
12 2031 ‐ 369,350 5,650 375,000
13 2032 ‐ 375,000 ‐ 375,000
14 2033 ‐ 280,350 94,650 375,000
15 2034 ‐ 293,700 81,300 375,000
16 2035 ‐ 307,050 67,950 375,000
17 2036 ‐ 320,400 54,600 375,000
18 2037 ‐ 329,300 45,700 375,000
19 2038 ‐ 342,650 32,350 375,000
20 2039 ‐ 356,000 19,000 375,000
21 2040 ‐ 369,350 5,650 375,000
22 2041 ‐ 375,000 ‐ 375,000
23 2042 ‐ 375,000 ‐ 375,000
24 2043 ‐ 375,000 ‐ 375,000
TOTAL $ 1,365,000 $ 151,723 $ 1,516,723 $ 7,089,200 $ 1,953,780 $ 9,042,980
Issued By: US Bank US Bank
Account No: 203‐258‐000 203‐258‐000
Original Issue: $2,200,000 $8,500,000
Issue Date: March 2013 April 2013
End Date: 15 years = 2028 25 years = 2043
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