Page 357 - City of Bedford FY21 Budget

General Obligation Debt Service Requirements

Fiscal Economic Water and Stormwater and % of Total
Year Total Development Sewer Drainage Total Debt Less Outstanding
Ended Outstanding Self-Supporting Self-Supporting Self-Supporting Self-Supporting Principal
9/30 Debt* Requirements** Requirements** Requirements** Requirements Retired
2021 11,625,284 - 3,790,059 523,756 7,311,469
2022 11,510,058 - 3,821,479 531,594 7,156,985
2023 11,002,257 - 3,827,453 523,056 6,651,748
2024 11,037,744 - 3,852,903 528,306 6,656,535
2025 9,931,335 - 3,868,868 532,656 5,529,810
2026 9,933,580 - 3,875,476 521,431 5,536,673
2027 9,951,746 - 3,896,261 524,631 5,530,854
2028 9,481,864 - 3,418,385 526,800 5,536,679
2029 9,473,662 - 3,412,302 527,794 5,533,566
2030 9,515,819 - 3,437,169 529,738 5,548,913 53.76%
2031 9,013,633 - 3,290,665 527,931 5,195,037
2032 8,479,397 - 3,116,150 280,866 5,082,381
2033 8,179,202 - 2,806,881 283,531 5,088,790
2034 8,063,347 - 2,813,924 280,663 4,968,760
2035 7,844,779 - 2,818,763 282,394 4,743,622 75.37%
2036 7,840,521 - 2,821,021 283,625 4,735,875
2037 7,848,924 - 2,823,687 284,350 4,740,888
2038 7,834,461 - 2,818,973 279,813 4,735,675
2039 3,450,286 - 2,826,899 - 623,388
2040 2,550,995 - 2,550,995 - - 90.71%
2041 2,552,737 - 2,552,737 - -
2042 2,551,430 - 2,551,430 - -
2043 2,553,028 - 2,553,028 - -
2044 2,551,625 - 2,551,625 - -
2045 2,558,023 - 2,558,023 - -
2046 2,555,632 2,555,632 -
2047 2,557,582 2,557,582 - 100.00%
$ 192,448,948 $ - $ 83,768,367 $ 7,772,935 $ 100,907,646

* "Outstanding Debt" includes self-supporting debt.
**It is the City's current policy to provide for the payment of the general obligation debt shown from the
revenue sources indicated. This policy is subject to change in the future.

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