Page 165 - FY 2020-21 Budget Cover.pub

City of Azle
Utility Fund Debt Schedules

Combined Total Debt

Principal Principal Interest Total
Year Outstanding Payment Payment Payment
2021 11,790,000 1,490,000 159,050 1,649,050
2022 10,300,000 1,520,000 136,495 1,656,495

2023 8,780,000 1,535,000 112,794 1,647,794

2024 7,245,000 1,175,000 88,390 1,263,390

2025 6,070,000 970,000 71,947 1,041,947

2026 5,100,000 980,000 59,692 1,039,692
2027 4,120,000 995,000 47,196 1,042,196

2028 3,125,000 855,000 36,084 891,084

2029 2,270,000 865,000 26,382 891,382

2030 1,405,000 880,000 16,421 896,421

2031 525,000 70,000 10,673 80,673
2032 455,000 70,000 9,259 79,259
2033 385,000 75,000 7,739 82,739
2034 310,000 75,000 6,123 81,123
2035 235,000 75,000 4,473 79,473
2036 160,000 80,000 2,736 82,736
2037 80,000 80,000 916 80,916
1,800,000

1,600,000

1,400,000

1,200,000

1,000,000
Interest
Principal
800,000

600,000

400,000

200,000

-
2021 2023 2025 2027 2029 2031 2033 2035 2037

City of Azle 2020-2021 Budget 154