Page 326 - Southlake FY22 Budget

DEBT SErVICE FUnDS EXPEnDITUrES

SUMMARY OF GENERAL OBLIGATION BONDS
PRINCIPAL AND INTEREST REQUIREMENTS

2022 REQUIREMENTS MATURITY
PRINCIPAL INTEREST TOTAL DATE

2012 GO Refunding 785,000 167,825 952,825 February 2026
2013 GO Refunding 2,410,000 340,300 2,750,300 February 2026
2014 GO Refunding 55,000 8,025 63,025 February 2026
2017 GO Refunding 358,306 101,705 460,011 February 2028
2021 Tax Notes 1,067,000 33,471 1,100,471 February 2026

Net General Obligation Debt Service Requirements 4,675,306 651,326 5,326,632

TOTAL REQUIREMENTS
PRINCIPAL INTEREST TOTAL

2012 GO Refunding 4,070,000 466,250 4,536,250 February 2026
2013 GO Refunding 11,745,000 877,675 12,622,675 February 2026
2014 GO Refunding 295,000 22,875 317,875 February 2026
2017 GO Refunding 2,834,973 385,384 3,220,357 February 2028
2021 Tax Notes 3,753,000 78,290 3,831,290 February 2026

Net General Obligation Debt Service Requirements 22,697,973 1,830,474 24,528,447

INTEREST SHOWN IS THE TOTAL OF EACH ANNUAL
REQUIREMENT FOR THE REMAINING LIFE OF THE SERIES

BUDGET BOOK | FY 2022 City of Southlake 325
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