Page 308 - City of Watauga FY22 Adopted Budget

All Debt Service Requirements to Maturity
(Gen. Fund & Water)
as of October 1, 2021
DEBT
YEAR ENDING OUTSTANDING
SEPT. 30 OCT. 1 PRINCIPAL INTEREST TOTAL

2022 $42,895,000 $3,670,000 $1,194,257 $4,864,257
2023 $39,225,000 $3,050,000 $1,088,965 $4,138,965
2024 $36,175,000 $2,845,000 $993,505 $3,838,505
2025 $33,330,000 $2,870,000 $905,372 $3,775,372
2026 $30,460,000 $2,860,000 $816,282 $3,676,282
2027 $27,600,000 $2,595,000 $722,344 $3,317,344
2028 $25,005,000 $2,370,000 $633,751 $3,003,751
2029 $22,635,000 $2,445,000 $558,625 $3,003,625
2030 $20,190,000 $2,480,000 $492,804 $2,972,804
2031 $17,710,000 $2,475,000 $427,476 $2,902,476
2032 $15,235,000 $2,495,000 $361,501 $2,856,501
2033 $12,740,000 $2,035,000 $302,797 $2,337,797
2034 $10,705,000 $2,095,000 $250,352 $2,345,352
2035 $8,610,000 $2,010,000 $197,723 $2,207,723
2036 $6,600,000 $2,055,000 $145,644 $2,200,644
2037 $4,545,000 $1,745,000 $95,024 $1,840,024
2038 $2,800,000 $1,300,000 $53,116 $1,353,116
2039 $1,500,000 $905,000 $24,841 $929,841
2040 $595,000 $360,000 $10,038 $370,038
2041 $235,000 $235,000 $2,938 $237,938

$42,895,000 $9,277,353 $52,172,353

Year Total Principal Interest
This Year's Requirement 2022 $4,864,257 $3,670,000 $ 1,194,257
Maximum Requirement 2022 $4,864,257 $3,670,000 $ 1,194,257

$6,000,000 INTEREST
PRINCIPAL
$5,000,000
$4,000,000

$3,000,000
$2,000,000

$1,000,000

$0

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