Page 123 - Kennedale Budget FY21

DEPARTMENT BUDGET: WATER/SEWER FUND DEBT SERVICE
10 | WATER SEWER FUND 2017–2018 2018–2019 2019–2020 2019–2020 2020–2021
03 | WATER DEBT SERVICE ACTUAL ACTUAL APPROVED PROJECTED APPROVED
10-5603-01-03 2007 $4.365M GO RFND – PRINCIPAL - - 126,225 126,225 131,963
10-5613-01-03 2007 $4.365M GO RFND – INTEREST 25,228 21,174 17,007 17,007 11,883
10-5625-01-03 ISSUANCE COSTS 31,850 - - - -
10-5643-01-03 2007 $2.9M CO – INTEREST 67,434 61,918 56,273 56,273 49,713
10-5644-01-03 2007 $2.9M CO – PRINCIPAL - - 155,000 155,000 165,000
10-5653-01-03 2012 $1.72M WATER METERS INTEREST 46,630 49,624 - - -
10-5654-01-03 2012 $1.72M WATER METERS PRINCIPAL 4,185 204,456 - - -
TOTAL DEBT SERVICE $ 175,327 $ 337,171 $ 354,505 $ 354,505 $ 358,559

DEPARTMENT DETAIL: WATER/SEWER FUND DEBT SERVICE
10 | WATER SEWER FUND 2020–2021
03 | WATER DEBT SERVICE APPROVED
10-5603-01-03 2007 $4.365M GO RFND – PRINCIPAL DUE 02/15 (SPLIT 61.75% GENERAL FUND/38.25% 131,963
WATER FUND)
10-5613-01-03 2007 $4.365M GO RFND – INTEREST DUE 02/15 (SPLIT 61.75% GENERAL FUND/38.25% 11,883
WATER FUND)
DUE 08/15 (SPLIT 61.75% GENERAL FUND/38.25%
WATER FUND)
10-5621-01-03 PAYING AGENT FEES AGENT FEES TO HANDLE BOND AMORTIZATIONS -
10-5625-01-03 ISSUANCE COSTS FEES RELATED TO THE ACQUISITION OF NEW DEBT -
(BANK/BOND ATTORNEY/FINANCIAL ADVISOR)
10-5643-01-03 2007 $2.9M CO – INTEREST DUE 02/15 (REIMBURSE FROM WATER IMPACT FEE 49,713
FUND)
DUE 08/15 (REIMBURSE FROM WATER IMPACT FEE
FUND)
10-5644-01-03 2007 $2.9M CO – PRINCIPAL DUE 02/15 (REIMBURSE FROM WATER IMPACT FEE 165,000
FUND)
10-5653-01-03 2012 $1.721M – INTEREST DUE 12/01 (INCLUDES ORIGINAL ISSUANCE, PLUS -
CHANGE ORDER)
10-5654-01-03 2012 $1.721M – PRINCIPAL DUE 12/01 (INCLUDES ORIGINAL ISSUANCE, PLUS -
CHANGE ORDER)
TOTAL EXPENDITURES $ 358,559

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