Page 98 - Kennedale Budget FY21

DEBT SCHEDULES: DEBT SERVICE FUND

FY 2020–2021 DEBT PAYMENT SCHEDULE

DEBT SERVICE FUND
Interest Principal
2007 GO Refunding Bonds 11,706 213,038
7,477
2007A CO Bonds 16,300 190,000
12,500
2011 CO Bonds 32,100 120,000
30,300
2016 GO Refunding Bonds 18,482 255,000
16,200
Governmental Capital Lease (Completed in FY 19–20) - -
2018 Tax Notes 4,188 335,000
2019 Tax Notes 35,578 135,000
Dick Price Road 6,981 90,000
(A portion is paid from Capital Projects) 6,176
INTEREST/PRINCIPAL TOTAL FOR DEBT SERVICE $ 197,986 $ 1,338,038

TOTAL PAYMENTS FROM DEBT SERVICE 2020–2021 $ 1,536,023

WATER FUND
Interest Principal
2007 GO Refunding Bonds 7,251 131,963
4,632
2007 CO Bonds 26,548 165,000
23,165
INTEREST/PRINCIPAL TOTALS FOR WATER DEBT $ 61,595 $ 296,963

TOTAL PAYMENTS FROM WATER 2020–2021 $ 358,557

ECONOMIC DEVELOPMENT CORPORATION (EDC) FUND
Interest Principal
2007 Sales Tax Revenue Bonds 21,024 70,000
21,024
2010 CO Bonds (Refunded in FY 19–20) - -

2020 GO Refunding Bonds 12,159 115,000
11,049 -
INTEREST/PRINCIPAL TOTALS FOR EDC DEBT $ 65,256 $ 185,000
TOTAL PAYMENTS FROM EDC 2020–2021 $ 250,256

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