Page 124 - Grapevine Budget FY21

FY 2020-21 APPROVED OPERATING BUDGET
FUND 130 - DEBT SERVICE

- Budget At-A-Glance -

2018-19 2019-20 2019-20 2020-21
REVENUE AND OTHER FINANCING SOURCES: Actual Budget Estimate Approved

Property Taxes 12,271,794 13,071,947 12,847,243 13,070,000
Transfers from Other Funds 8,438,308 2,387,064 2,387,064 2,399,369
Interest Income 202,653 150,000 118,835 150,000
Total 20,912,754 15,609,011 15,353,142 15,619,369

2018-19 2019-20 2019-20 2020-21
EXPENDITURES AND OTHER FINANCING USES: Actual Budget Estimate Approved

General Obligation Debt Payments 9,722,770 11,472,976 11,472,976 10,200,983
Certificates of Obligation Debt Payments 3,970,864 3,620,344 3,620,344 4,017,867
Tax Notes and Notes Payable 2,158,681 612,563 612,563 1,400,519
Fiscal Agent & Bond Issuance Fees 6,229,439 0 0 0
Total 22,081,754 15,705,883 15,705,883 15,619,369

2018-19 2019-20 2019-20 2020-21
TOTAL OUTSTANDING DEBT: (1) Actual Budget Estimate Approved

General Obligation 93,863,544 121,671,399 121,671,399 105,740,582
Certificates of Obligation 80,064,488 68,374,835 68,374,835 60,067,406
Sales Tax Revenue Bonds 22,378,947 20,982,503 20,982,503 19,581,109
Tax Notes and Contractual Obligations 4,490,888 6,034,335 6,034,335 5,301,173
Total 200,797,867 217,063,072 217,063,072 190,690,270

(1) Total Principal and Interest; Does not include Tax Increment Financing (TIRZ) debt obligations.
As of October 1, 2020 total outstanding principal and interest of TIRZ obligations is $13,807,950.

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