Page 164 - FY 2020-21 Budget Cover.pub
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City of Azle
Utility Fund Debt Principal and Interest Payments
FY 2019-20 FY 2020-21
Account Description Budget Proposed
Principal Payment $ 1,528,333 $ 1,490,000
2010 General Obligation Refunding Bonds 73,333 -
2010 Waterworks & Sewer System Revenue Bonds 710,000 -
2012 Waterworks & Sewer System Revenue Refunding Bonds 360,000 370,000
2014 Waterworks & Sewer System Revenue Refunding Bonds 200,000 200,000
2017 Tax & Surplus Revenue Certificates of Obligation 125,000 130,000
2017A Tax & Utility System Revenue Certificates of Obligation 60,000 60,000
2020 General Obligation Refunding Bonds - 730,000
Interest Payment $ 330,844 $ 159,050
2010 General Obligation Refunding Bonds 2,493 -
2010 Waterworks & Sewer System Revenue Bonds 232,873 -
2012 Waterworks & Sewer System Revenue Refunding Bonds 32,292 24,516
2014 Waterworks & Sewer System Revenue Refunding Bonds 21,012 16,932
2017 Tax & Surplus Revenue Certificates of Obligation 22,400 19,647
2017A Tax & Utility System Revenue Certificates of Obligation 19,775 19,331
2020 General Obligation Refunding Bonds - 78,625
TOTAL PAYMENT $ 1,859,177 $ 1,649,050
City of Azle 2020-2021 Budget 153
