Page 332 - Southlake FY22 Budget
P. 332
DEBT SErVICE FUnDS EXPEnDITUrES
SUMMARY OF SOUTHLAKE PARKS AND DEVELOPMENT BONDS
PRINCIPAL AND INTEREST REQUIREMENTS
2022 REQUIREMENTS
MATURITY
PRINCIPAL INTEREST TOTAL DATE
2012 Certificates of Obligation 285,000 105,706 390,706 February 2031
2014 Sales Tax Revenue Refunding Bonds 1,385,000 201,675 1,586,675 February 2032
2019 General Obligation Refunding Bonds 420,000 194,450 614,450 February 2027
2021 General Obligation Refunding Bonds 182,000 22,965 204,965 February 2031
Net SPDC Debt Service Requirements 2,272,000 524,796 2,796,796
TOTAL REQUIREMENTS
MATURITY
PRINCIPAL INTEREST TOTAL DATE
2012 Certificates of Obligation 3,650,000 640,306 4,290,306 February 2031
2014 Sales Tax Revenue Refunding Bonds 7,415,000 604,125 8,019,125 February 2032
2019 General Obligation Refunding Bonds 4,165,000 894,075 5,059,075 February 2027
2021 General Obligation Refunding Bonds 1,989,000 125,423 2,114,423 February 2031
Net SPDC Debt Service Requirements 17,219,000 2,263,929 19,482,929
INTEREST SHOWN IS THE TOTAL OF EACH ANNUAL
REQUIREMENT FOR THE REMAINING LIFE OF THE SERIES
BUDGET BOOK | FY 2022 City of Southlake 331
WWW.CITYOFSOUTHLAKE.COM
